NASDAQ:BLMN - Bloomin' Brands Stock Price, Forecast & News

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

Bloomin' Brands announced a quarterly dividend on Thursday, October 24th. Stockholders of record on Monday, November 18th will be paid a dividend of $0.10 per share on Wednesday, November 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Friday, November 15th. 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 of Directors has authorized a share repurchase program on Friday, February 23rd 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Bloomin' Brands Inc (NASDAQ:BLMN) released its quarterly earnings results on Wednesday, November, 6th. The restaurant operator reported $0.10 earnings per share for the quarter, hitting analysts' consensus estimates of $0.10. The restaurant operator had revenue of $967.14 million for the quarter, compared to analysts' expectations of $967.04 million. Bloomin' Brands had a return on equity of 89.62% and a net margin of 2.75%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.08 earnings per share. View Bloomin' Brands' Earnings History.

Bloomin' Brands is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Bloomin' Brands.

Bloomin' Brands will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 Wall Street analysts have issued 12 month price targets for Bloomin' Brands' shares. Their forecasts range from $20.00 to $25.00. On average, they anticipate Bloomin' Brands' share price to reach $22.56 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Bloomin' Brands.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloomin' Brands.

Press coverage about BLMN stock has trended somewhat positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bloomin' Brands earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Bloomin' Brands.

Bloomin' Brands saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,900,000 shares, an increase of 5.6% from the January 15th total of 4,640,000 shares. Based on an average trading volume of 937,300 shares, the short-interest ratio is presently 5.2 days. Currently, 6.1% of the company's stock are short sold. View Bloomin' Brands' Current Options Chain.

Some companies that are related to Bloomin' Brands include Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Cracker Barrel Old Country Store (CBRL), Cheesecake Factory (CAKE), Brinker International (EAT), Dine Brands Global (DIN), Denny's (DENN), BJ's Restaurants (BJRI), Chuy's (CHUY), Fiesta Restaurant Group (FRGI), Del Frisco's Restaurant Group (DFRG), Biglari (BH) and Carrols Restaurant Group (TAST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Bank of America (BAC), Intelsat (I), Comcast (CMCSA), AMC Entertainment (AMC), Exxon Mobil (XOM), Fossil Group (FOSL), Abercrombie & Fitch (ANF), Caterpillar (CAT), AT&T (T) and Tesla (TSLA).

Bloomin' Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.04%), Rothschild & Co. Asset Management US Inc. (2.25%), Westwood Holdings Group Inc. (2.24%), Copeland Capital Management LLC (1.81%), Bank of New York Mellon Corp (1.51%) and Bessemer Group Inc. (1.29%). Company insiders that own Bloomin' Brands stock include David J Deno, David Peter Schmidt, Donagh Herlihy, Elizabeth A Smith, Gregg Scarlett, Michael Kappitt and Mindy F Grossman. View Institutional Ownership Trends for Bloomin' Brands.

BLMN stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Russell Investments Group Ltd., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Rothschild & Co. Asset Management US Inc., Westwood Holdings Group Inc., Mutual of America Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Bloomin' Brands.

BLMN stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Reinhart Partners Inc., Dalton Greiner Hartman Maher & Co., LSV Asset Management, Great West Life Assurance Co. Can, Foundry Partners LLC, Landscape Capital Management L.L.C. and Cubist Systematic Strategies 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, Robinhood, Fidelity and Charles Schwab.

One share of BLMN stock can currently be purchased for approximately $21.54.

Bloomin' Brands has a market capitalization of $1.87 billion and generates $4.13 billion in revenue each year. The restaurant operator earns $107.10 million in net income (profit) each year or $1.50 on an earnings per share basis. Bloomin' Brands employs 93,000 workers across the globe.View Additional Information About Bloomin' Brands.

The official website for Bloomin' Brands is http://www.bloominbrands.com/.

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]