Bloomin' Brands, Inc. (BLMN)

NASDAQ: BLMN · Real-Time Price · USD
12.59
+0.03 (0.24%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.24%
Market Cap 1.07B
Revenue (ttm) 4.55B
Net Income (ttm) -5.29M
Shares Out 84.84M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE 7.17
Dividend $0.96 (7.63%)
Ex-Dividend Date Aug 20, 2024
Volume 1,280,266
Open 12.47
Previous Close 12.56
Day's Range 12.26 - 12.65
52-Week Range 12.26 - 30.13
Beta 2.04
Analysts Hold
Price Target 18.56 (+47.42%)
Earnings Date Nov 8, 2024

About 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]

Industry Restaurants
IPO Date Aug 8, 2012
Employees 87,000
Stock Exchange NASDAQ
Ticker Symbol BLMN
Full Company Profile

Financial Performance

In 2023, Bloomin' Brands's revenue was $4.67 billion, an increase of 5.77% compared to the previous year's $4.42 billion. Earnings were $247.39 million, an increase of 142.76%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BLMN stock is "Hold." The 12-month stock price forecast is $18.56, which is an increase of 47.42% from the latest price.

Price Target
$18.56
(47.42% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 7% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: GESKSS
5 days ago - Benzinga

Bloomin' Brands, Inc. (BLMN) Q3 2024 Earnings Call Transcript

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations Mike Spa...

12 days ago - Seeking Alpha

Bloomin' Brands Announces 2024 Q3 Financial Results

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2024 (“Q3 2024”) compared to the third quarter 2023 (“Q3 2023”). CEO Comments “In my fir...

13 days ago - Business Wire

Bloomin' Brands Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Bloomin' Brands, Inc. BLMN will release earnings results for its third quarter, before the opening bell on Friday, Nov. 8.

13 days ago - Benzinga

Bloomin' Brands, Inc. to Host Fiscal 2024 Third Quarter Earnings Conference Call at 8:30 AM EST on November 8, 2024

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 29, 2024, on Friday, November 8, 2024, at approximately 7:00 AM EST...

4 weeks ago - Business Wire

Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% Dividend Yield

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: KSSWHR
2 months ago - Benzinga

Outback Steakhouse parent company names Delta's Michael Spanos as next CEO

Bloomin' Brands (BLMN) — the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill — has named Delta Air Lines (DAL) COO Michael Spanos as its new chief executive effective th...

3 months ago - Yahoo Finance

Outback Steakhouse Parent Names Former Delta Exec Its New CEO

Outback Steakhouse parent Bloomin' Brands (BLMN) named ex-Delta Air Lines (DAL) Chief Operating Officer Michael Spanos its new chief executive officer (CEO).

3 months ago - Investopedia

Bloomin' Brands Names Michael L. Spanos As Chief Executive Officer

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) today announced that Michael L. “Mike” Spanos has been appointed Chief Executive Officer of the company. Spanos will begin his new ro...

3 months ago - Business Wire

Are Lower Interest Rates the Right Bet on Bloomin' Brands Stock?

Bloomin' Brands Inc. BLMN is the parent company of a diverse group of restaurants, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. I'...

3 months ago - Benzinga

Bloomin' Brands, Inc. (BLMN) Q2 2024 Earnings Call Transcript

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q2 2024 Earnings Conference Call August 6, 2024 8:15 AM ET Company Participants Tara Kurian - Vice President, Corporate Finance and IR David Deno - Chief Executive...

3 months ago - Seeking Alpha

Bloomin' Brands' stock slides 2.9% after earnings miss and lowered guidance

Bloomin' Brands Inc.'s stock BLMN, -6.78% fell 2.9% early Tuesday, after the operator of Outhouse Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar posted ...

3 months ago - Market Watch

Bloomin' Brands Announces 2024 Q2 Financial Results

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2024 (“Q2 2024”) compared to the second quarter 2023 (“Q2 2023”). CEO Comments “In the ...

3 months ago - Business Wire

Bloomin' Brands, Inc. to Host Fiscal 2024 Second Quarter Earnings Conference Call at 8:15 AM EDT on August 6, 2024

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal second quarter ended June 30, 2024, on Tuesday, August 6, 2024, at approximately 7:00 AM EDT, whi...

4 months ago - Business Wire

Bloomin' Brands: Recent Pressure On Stock Price Creates An Attractive Investment Opportunity

Massive conversions of convertible debt into equity most likely played a major role in the sharp decline in the stock price over the last 4 months. Should one look at the glass half full, though, a si...

5 months ago - Seeking Alpha

Top 3 Consumer Stocks That Could Blast Off In June

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FIVETM
5 months ago - Benzinga

Bloomin' Brands, Inc. (BLMN) Q1 2024 Earnings Call Transcript

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations David Deno - ...

7 months ago - Seeking Alpha

Bloomin' Brands swings to Q1 loss, is exploring ‘strategic alternatives' for Brazil business

Bloomin' Brands Inc. BLMN, -2.54% swung to a loss in its first-quarter results before market open Tuesday and announced that it is exploring strategic alternatives for its Brazil operations. In a sepa...

7 months ago - Market Watch

Bloomin' Brands CEO David Deno Retiring

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) announced that David Deno, Chief Executive Officer, will be retiring after 12 years with the company, including the last five years a...

7 months ago - Business Wire

Bloomin' Brands Announces 2024 Q1 Financial Results

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2024 (“Q1 2024”) compared to the first quarter 2023 (“Q1 2023”). CEO Comments “The first...

7 months ago - Business Wire

Bloomin' Brands, Inc. to Host Fiscal 2024 First Quarter Earnings Conference Call at 8:00 AM EDT on May 7, 2024

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal first quarter ended March 31, 2024, on Tuesday, May 7, 2024, at approximately 6:45 AM EDT, which ...

7 months ago - Business Wire

Bloomin' Brands: Business Still Going Strong Despite Weak Same Store Sales In Q4 2023

BLMN is still rated as a buy despite weak same-store-sales performance. The planned marketing spend should support market share gains for BLMN. The closure of underperforming stores should streamline ...

8 months ago - Seeking Alpha

Bloomin' Brands, Inc. (BLMN) Q4 2023 Earnings Call Transcript

Bloomin' Brands, Inc. (BLMN) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Bloomin' Brands adjusted Q4 profit beats estimates but it lowers its Q1 view

Bloomin' Brands Inc. BLMN, -0.56% on Friday reported a lower fourth-quarter profit, but its adjusted earnings for the period beat analyst estimates on a strong holiday season. The owner of Outback Ste...

9 months ago - Market Watch

Bloomin' Brands Announces 2023 Q4 Financial Results

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2023 (“Q4 2023”) and fiscal year ended December 31, 2023 (“Fiscal Year 2023”) compared ...

9 months ago - Business Wire