Bloomin’ Brands (NASDAQ:BLMN) Stock Price Expected to Rise, Citigroup Analyst Says

Bloomin’ Brands (NASDAQ:BLMN) had its target price lifted by analysts at Citigroup from $6.75 to $7.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s target price suggests a potential upside of 14.38% from the stock’s previous close.

Several other research firms have also recently weighed in on BLMN. Loop Capital set a $10.00 price objective on shares of Bloomin’ Brands in a report on Tuesday, December 16th. Zacks Research upgraded shares of Bloomin’ Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Bloomin’ Brands in a report on Monday, December 29th. Finally, The Goldman Sachs Group raised Bloomin’ Brands from a “sell” rating to a “neutral” rating and set a $7.00 price objective for the company in a report on Friday, November 7th. Eight analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $8.44.

Bloomin’ Brands Stock Performance

BLMN stock opened at $6.12 on Thursday. The stock’s 50 day simple moving average is $6.70 and its 200 day simple moving average is $6.93. The company has a current ratio of 0.45, a quick ratio of 0.38 and a debt-to-equity ratio of 2.77. Bloomin’ Brands has a 12-month low of $5.60 and a 12-month high of $10.70. The stock has a market capitalization of $521.61 million, a PE ratio of 61.21 and a beta of 1.15.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. The firm had revenue of $975.22 million during the quarter, compared to analysts’ expectations of $980.64 million. Bloomin’ Brands had a return on equity of 25.55% and a net margin of 0.21%.The company’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 earnings per share. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. As a group, research analysts forecast that Bloomin’ Brands will post 1.8 earnings per share for the current fiscal year.

Institutional Trading of Bloomin’ Brands

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP purchased a new position in shares of Bloomin’ Brands during the 4th quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Bloomin’ Brands by 83,825.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Bloomin’ Brands in the fourth quarter worth approximately $31,000. PNC Financial Services Group Inc. increased its stake in shares of Bloomin’ Brands by 44.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 1,662 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Bloomin’ Brands by 50.9% during the 4th quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 2,099 shares during the period.

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.