NASDAQ:BLMN - Bloomin' Brands Stock Price, Price Target & More

Bloomin' Brands trades on the NASDAQ under the ticker symbol "BLMN."

Bloomin' Brands announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Monday, May 7th will be given a dividend of $0.09 per share on Friday, May 18th. This represents a $0.36 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Friday, May 4th. This is a positive change from Bloomin' Brands's previous quarterly dividend of $0.06. View Bloomin' Brands' Dividend History.

Bloomin' Brands declared that its board has initiated a stock repurchase plan on Friday, February 23rd 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its earnings results on Thursday, April, 26th. The restaurant operator reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.13. The restaurant operator had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.10 billion. Bloomin' Brands had a return on equity of 198.45% and a net margin of 2.91%. The firm's quarterly revenue was down 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.58 EPS. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.38-$1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40.

11 brokerages have issued 1-year price targets for Bloomin' Brands' stock. Their forecasts range from $18.00 to $28.00. On average, they anticipate Bloomin' Brands' share price to reach $23.8571 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Ratings for Bloomin' Brands.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Bloomin' Brands include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Wingstop (WING), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Sonic Drive-In (SONC) and Denny's (DENN).

Media stories about BLMN stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bloomin' Brands earned a media sentiment score of 0.00 on Accern's scale. They also gave media headlines about the restaurant operator an impact score of 44.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Bloomin' Brands' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.07%), Columbia Partners L L C Investment Management (0.06%), Campbell & CO Investment Adviser LLC (0.02%) and Cerebellum GP LLC (0.01%). Company insiders that own Bloomin' Brands stock include Chris Thomas Sullivan, Christopher W Brandt, David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Sukhdev Singh. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Columbia Partners L L C Investment Management, Campbell & CO Investment Adviser LLC and Cerebellum GP LLC. View Insider Buying and Selling for Bloomin' Brands.

Shares of BLMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $20.71.

Bloomin' Brands has a market capitalization of $1.96 billion and generates $4.21 billion in revenue each year. The restaurant operator earns $100.24 million in net income (profit) each year or $1.36 on an earnings per share basis. Bloomin' Brands employs 94,000 workers across the globe.

Bloomin' Brands' mailing address is 2202 NORTH WEST SHORE BOULEVARD SUITE 500, TAMPA FL, 33607. The restaurant operator can be reached via phone at 813-282-1225 or via email at [email protected]