NASDAQ:BLMN

Bloomin' Brands (BLMN) Stock Price, News & Analysis

$25.61
+0.52 (+2.07%)
(As of 05/3/2024 ET)
Today's Range
$25.22
$25.88
50-Day Range
$25.04
$29.72
52-Week Range
$22.03
$30.13
Volume
1.43 million shs
Average Volume
1.31 million shs
Market Capitalization
$2.23 billion
P/E Ratio
10.12
Dividend Yield
3.75%
Price Target
$27.90

Bloomin' Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
8.9% Upside
$27.90 Price Target
Short Interest
Bearish
6.65% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.49
Upright™ Environmental Score
News Sentiment
0.83mentions of Bloomin
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.41%
From $2.55 to $2.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.79 out of 5 stars

Retail/Wholesale Sector

519th out of 1,196 stocks

Eating Places Industry

103rd out of 240 stocks

BLMN stock logo

About Bloomin' Brands Stock (NASDAQ:BLMN)

Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. The company was founded in 1988 and is based in Tampa, Florida.

BLMN Stock Price History

BLMN Stock News Headlines

The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Bloomin Brands Inc
Upgrading Bloomin' Brands, Transformational Year Ahead
Bloomin' Brands Shares Climb After Q4 Profit Beat Consensus Estimate
See More Headlines
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Company Calendar

Last Earnings
2/23/2024
Ex-Dividend for 3/20 Dividend
3/05/2024
Dividend Payable
3/20/2024
Today
5/03/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
Current Symbol
NASDAQ:BLMN
CUSIP
09423510
Employees
87,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.90
High Stock Price Target
$32.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$247.39 million
Pretax Margin
5.84%

Debt

Sales & Book Value

Annual Sales
$4.67 billion
Cash Flow
$5.73 per share
Book Value
$4.75 per share

Miscellaneous

Free Float
84,337,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
2.02
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BLMN Stock Analysis - Frequently Asked Questions

Should I buy or sell Bloomin' Brands stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BLMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLMN, but not buy additional shares or sell existing shares.
View BLMN analyst ratings
or view top-rated stocks.

What is Bloomin' Brands' stock price target for 2024?

10 equities research analysts have issued 12-month price targets for Bloomin' Brands' shares. Their BLMN share price targets range from $25.00 to $32.00. On average, they anticipate the company's stock price to reach $27.90 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for BLMN
or view top-rated stocks among Wall Street analysts.

How have BLMN shares performed in 2024?

Bloomin' Brands' stock was trading at $28.15 at the beginning of the year. Since then, BLMN shares have decreased by 9.0% and is now trading at $25.61.
View the best growth stocks for 2024 here
.

Are investors shorting Bloomin' Brands?

Bloomin' Brands saw a increase in short interest in March. As of March 31st, there was short interest totaling 4,960,000 shares, an increase of 9.3% from the March 15th total of 4,540,000 shares. Based on an average trading volume of 1,300,000 shares, the short-interest ratio is currently 3.8 days. Approximately 5.8% of the company's shares are short sold.
View Bloomin' Brands' Short Interest
.

When is Bloomin' Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our BLMN earnings forecast
.

How can I listen to Bloomin' Brands' earnings call?

Bloomin' Brands will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Bloomin' Brands' earnings last quarter?

Bloomin' Brands, Inc. (NASDAQ:BLMN) announced its earnings results on Friday, February, 23rd. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. The restaurant operator had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.20 billion. Bloomin' Brands had a trailing twelve-month return on equity of 73.67% and a net margin of 5.30%. Bloomin' Brands's quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS.

How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands?

Bloomin' Brands declared a quarterly dividend on Tuesday, February 13th. Investors of record on Wednesday, March 6th will be given a dividend of $0.24 per share on Wednesday, March 20th. This represents a $0.96 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Tuesday, March 5th.
Read our dividend analysis for BLMN
.

Is Bloomin' Brands a good dividend stock?

Bloomin' Brands (NASDAQ:BLMN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BLMN will have a dividend payout ratio of 34.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BLMN.

What guidance has Bloomin' Brands issued on next quarter's earnings?

Bloomin' Brands updated its FY24 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of $2.51-2.66 for the period, compared to the consensus EPS estimate of $2.61.

What is David Deno's approval rating as Bloomin' Brands' CEO?

55 employees have rated Bloomin' Brands Chief Executive Officer David Deno on Glassdoor.com. David Deno has an approval rating of 48% among the company's employees. This puts David Deno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Bloomin' Brands to a friend.

What other stocks do shareholders of Bloomin' Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloomin' Brands investors own include Coty (COTY), AT&T (T), Bank of America (BAC), Energy Transfer (ET), Exxon Mobil (XOM), Carnival Co. & (CCL), Walt Disney (DIS), Invesco Mortgage Capital (IVR), NVIDIA (NVDA) and American Airlines Group (AAL).

Who are Bloomin' Brands' major shareholders?

Bloomin' Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.73%), Jennison Associates LLC (1.59%), Easterly Investment Partners LLC (0.65%), Mutual of America Capital Management LLC (0.53%), Coronation Fund Managers Ltd. (0.41%) and Raymond James & Associates (0.39%). Insiders that own company stock include David J Deno, Elizabeth A Smith, Gregg Scarlett and Kelly Lefferts.
View institutional ownership trends
.

How do I buy shares of Bloomin' Brands?

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

This page (NASDAQ:BLMN) was last updated on 5/4/2024 by MarketBeat.com Staff

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