Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.550-0.600 for the period, compared to the consensus earnings per share estimate of 0.680. The company issued revenue guidance of -. Bloomin’ Brands also updated its FY 2025 guidance to 1.200-1.400 EPS.
Analysts Set New Price Targets
A number of research firms have recently issued reports on BLMN. StockNews.com upgraded shares of Bloomin’ Brands from a “sell” rating to a “hold” rating in a report on Wednesday. Raymond James downgraded shares of Bloomin’ Brands from an “outperform” rating to a “market perform” rating in a report on Monday, November 11th. Bank of America downgraded shares of Bloomin’ Brands from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $18.00 to $13.00 in a report on Monday, January 27th. BMO Capital Markets lowered their target price on shares of Bloomin’ Brands from $16.00 to $12.00 and set a “market perform” rating on the stock in a report on Thursday. Finally, Barclays set a $11.00 target price on shares of Bloomin’ Brands and gave the stock an “equal weight” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $15.00.
Check Out Our Latest Research Report on Bloomin’ Brands
Bloomin’ Brands Stock Performance
Bloomin’ Brands Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, March 11th. This represents a $0.60 dividend on an annualized basis and a yield of 6.22%. Bloomin’ Brands’s dividend payout ratio (DPR) is -40.27%.
About Bloomin’ Brands
Bloomin’ Brands, Inc engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.
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