NASDAQ:BLMN Bloomin' Brands (BLMN) Stock Price, News & Analysis → is this a buy and hold stock? (From Tips4Traders) (Ad) Free BLMN Stock Alerts $24.02 -0.14 (-0.58%) (As of 02:34 PM ET) Add Compare Share Share Today's Range$23.90▼$24.5050-Day Range$22.99▼$29.7252-Week Range$22.03▼$30.13Volume823,917 shsAverage Volume1.34 million shsMarket Capitalization$2.08 billionP/E Ratio37.53Dividend Yield4.00%Price Target$27.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Bloomin' Brands alerts: Email Address Bloomin' Brands MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside14.3% Upside$27.50 Price TargetShort InterestBearish7.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-4.49Upright™ Environmental ScoreNews Sentiment0.09Based on 23 Articles This WeekInsider TradingN/AProj. Earnings Growth10.16%From $2.46 to $2.71 Per ShareSee Full Details Hide Full Details 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.2.80 out of 5 starsRetail/Wholesale Sector125th out of 204 stocksEating Places Industry31st out of 41 stocks 2.1 Analyst's Opinion Consensus RatingBloomin' Brands has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageBloomin' Brands has only been the subject of 4 research reports in the past 90 days.Read more about Bloomin' Brands' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.61% of the float of Bloomin' Brands has been sold short.Short Interest Ratio / Days to CoverBloomin' Brands has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Bloomin' Brands has recently increased by 14.31%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBloomin' Brands is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBloomin' Brands has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Bloomin' Brands is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Bloomin' Brands will have a dividend payout ratio of 35.42% next year. This indicates that Bloomin' Brands will be able to sustain or increase its dividend.Read more about Bloomin' Brands' dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBloomin' Brands has received a -12.32% net impact score from Upright. The largest negative impact of Bloomin' Brands in category "Physical diseases" seems to be driven mostly by its "Steak", "Salad dishes", "Soup foods", and "Dairy-based chocolate-containing baked goods" products. See details.Environmental SustainabilityThe Environmental Impact score for Bloomin' Brands is -4.49. Previous Next 1.7 News and Social Media Coverage News SentimentBloomin' Brands has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Bloomin' Brands this week, compared to 5 articles on an average week.Search InterestOnly 7 people have searched for BLMN on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Bloomin' Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloomin' Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.14% of the stock of Bloomin' Brands is held by insiders.Read more about Bloomin' Brands' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Bloomin' Brands are expected to grow by 10.16% in the coming year, from $2.46 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloomin' Brands is 37.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloomin' Brands is 37.58, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.01.Price to Book Value per Share RatioBloomin' Brands has a P/B Ratio of 6.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Bloomin' Brands' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monetary GoldTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.This means you must act NOW before it's too late. 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.Read More BLMN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLMN Stock News HeadlinesMay 6, 2024 | marketbeat.comBrinker International Heats Up on Spicy Earnings Beat and Raise (BLMN)EAT stock surged to 52-week highs after Brinker International reported a solid fiscal Q3 2024 earnings report and raised its full year earnings guidanceMay 12 at 6:54 AM | americanbankingnews.comBMO Capital Markets Lowers Bloomin' Brands (NASDAQ:BLMN) Price Target to $27.00May 12 at 6:04 AM | americanbankingnews.comUBS Group Cuts Bloomin' Brands (NASDAQ:BLMN) Price Target to $26.00May 11, 2024 | americanbankingnews.comWilliam Blair Research Analysts Decrease Earnings Estimates for Bloomin' Brands, Inc. (NASDAQ:BLMN)May 10, 2024 | americanbankingnews.comBarclays Lowers Bloomin' Brands (NASDAQ:BLMN) Price Target to $30.00May 10, 2024 | americanbankingnews.comQ3 2024 Earnings Estimate for Bloomin' Brands, Inc. (NASDAQ:BLMN) Issued By William BlairMay 8, 2024 | markets.businessinsider.comExpert Outlook: Bloomin Brands Through The Eyes Of 6 AnalystsMay 8, 2024 | finance.yahoo.comBloomin’ Brands, Inc. (NASDAQ:BLMN) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comBloomin Brands Inc (BLMN) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges ...May 8, 2024 | finance.yahoo.comQ1 2024 Bloomin' Brands Inc Earnings CallMay 7, 2024 | msn.comWhat's Going On With Bloomin' Brands After Announcing Strategic Alternatives For Brazil Ops?May 7, 2024 | markets.businessinsider.comBloomin' Brands Inc. Q1 Earnings SummaryMay 7, 2024 | msn.comBloomin' Brands declares $0.24 dividendMay 7, 2024 | markets.businessinsider.comBloomin' Brands Chief Executive Officer David Deno To RetireMay 7, 2024 | finance.yahoo.comBloomin' Brands's (NASDAQ:BLMN) Q1 Earnings Results: Revenue In Line With ExpectationsMay 7, 2024 | finance.yahoo.comBloomin' Brands Q1 2024 Earnings: Adjusted EPS Meets Expectations Despite Revenue DipMay 7, 2024 | finance.yahoo.comBloomin’ Brands CEO David Deno RetiringMay 7, 2024 | finance.yahoo.comBloomin’ Brands Announces 2024 Q1 Financial ResultsMay 7, 2024 | msn.comBloomin' Brands reports mixed Q1 results; initiates Q2 and updates FY24 outlookMay 7, 2024 | businesswire.comBloomin' Brands CEO David Deno RetiringMay 6, 2024 | finance.yahoo.comBloomin' Brands (BLMN) Q1 Earnings: What To ExpectMay 5, 2024 | americanbankingnews.comBloomin' Brands (BLMN) Set to Release Quarterly Earnings on TuesdayApril 27, 2024 | seekingalpha.comClearBridge All Cap Value Strategy Q1 2024 Portfolio Manager CommentaryApril 24, 2024 | nasdaq.comInteresting BLMN Put And Call Options For June 21stApril 22, 2024 | markets.businessinsider.comBank of America Securities Keeps Their Hold Rating on Bloomin’ Brands (BLMN)See More Headlines Receive BLMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bloomin' Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/20 Dividend3/05/2024Dividend Payable3/20/2024Last Earnings5/07/2024Today5/15/2024Ex-Dividend for 5/31 Dividend5/17/2024Dividend Payable5/31/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Eating places Sub-IndustryRestaurants Current SymbolNASDAQ:BLMN CUSIP09423510 CIK1546417 Webwww.bloominbrands.com Phone(813) 282-1225Fax813-286-2247Employees87,000Year FoundedN/APrice Target and Rating Average Stock Price Target$27.50 High Stock Price Target$30.00 Low Stock Price Target$25.00 Potential Upside/Downside+14.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio37.58 Forward P/E Ratio9.78 P/E GrowthN/ANet Income$247.39 million Net Margins1.56% Pretax Margin2.00% Return on Equity65.73% Return on Assets7.26% Debt Debt-to-Equity Ratio3.12 Current Ratio0.33 Quick Ratio0.26 Sales & Book Value Annual Sales$4.67 billion Price / Sales0.45 Cash Flow$5.70 per share Price / Cash Flow4.22 Book Value$3.53 per share Price / Book6.81Miscellaneous Outstanding Shares86,480,000Free Float83,761,000Market Cap$2.08 billion OptionableOptionable Beta2.02 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. David J. Deno (Age 66)CEO & Director Comp: $1.92MMs. Kelly M. Lefferts (Age 57)Executive VP, Chief Legal Officer & Secretary Comp: $792.38kMr. Brett A. Patterson (Age 56)Executive VP & President of Outback Steakhouse Comp: $724.47kKey CompetitorsCheesecake FactoryNASDAQ:CAKEPapa John's InternationalNASDAQ:PZZABrinker InternationalNYSE:EATCracker Barrel Old Country StoreNASDAQ:CBRLJack in the BoxNASDAQ:JACKView All CompetitorsInstitutional OwnershipTremblant Capital GroupSold 165,769 shares on 5/15/2024Ownership: 1.167%Keeley Teton Advisors LLCBought 8,779 shares on 5/15/2024Ownership: 0.089%PEAK6 Investments LLCSold 71,700 shares on 5/15/2024Ownership: 0.000%CANADA LIFE ASSURANCE CoSold 572 shares on 5/14/2024Ownership: 0.089%EntryPoint Capital LLCBought 3,292 shares on 5/14/2024Ownership: 0.004%View All Institutional Transactions BLMN Stock Analysis - Frequently Asked Questions Should I buy or sell Bloomin' Brands stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 12-month price targets for Bloomin' Brands' stock. Their BLMN share price targets range from $25.00 to $30.00. On average, they anticipate the company's stock price to reach $27.50 in the next twelve months. This suggests a possible upside of 14.3% 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 2024. Since then, BLMN stock has decreased by 14.6% and is now trading at $24.05. View the best growth stocks for 2024 here. When is Bloomin' Brands' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our BLMN earnings forecast. How were Bloomin' Brands' earnings last quarter? Bloomin' Brands, Inc. (NASDAQ:BLMN) announced its quarterly earnings data on Tuesday, May, 7th. The restaurant operator reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.05. The restaurant operator earned $1.20 billion during the quarter, compared to analysts' expectations of $1.20 billion. Bloomin' Brands had a trailing twelve-month return on equity of 65.73% and a net margin of 1.56%. Bloomin' Brands's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the company earned $0.98 EPS. How often does Bloomin' Brands pay dividends? What is the dividend yield for Bloomin' Brands? Bloomin' Brands announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Monday, May 20th will be given a dividend of $0.24 per share on Friday, May 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Friday, May 17th. 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 4.06%. BLMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BLMN will have a dividend payout ratio of 35.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BLMN. What ETFs hold Bloomin' Brands' stock? ETFs with the largest weight of Bloomin' Brands (NASDAQ:BLMN) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), AdvisorShares Restaurant ETF (EATZ), InfraCap Equity Income Fund ETF (ICAP), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), WisdomTree U.S. SmallCap Fund (EES), Avantis U.S. Small Cap Equity ETF (AVSC) and SPDR S&P 600 Small Cap ETF (SLY). What guidance has Bloomin' Brands issued on next quarter's earnings? Bloomin' Brands updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.550-0.600 for the period, compared to the consensus earnings per share estimate of 0.690. The company issued revenue guidance of -. 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.84%), LSV Asset Management (4.00%), Principal Financial Group Inc. (2.73%), William Blair Investment Management LLC (1.66%), Jennison Associates LLC (1.59%) and Tremblant Capital Group (1.17%). 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 5/15/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport SocietyDoes this make you sick?Allegiance Goldis this a buy and hold stock?Tips4TradersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingTop 5 Tech Stocks to Buy for 2024Daily Market Alerts Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bloomin' Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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