Bloomin’ Brands (NASDAQ:BLMN) Issues FY 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.900-1.000 for the period, compared to the consensus EPS estimate of 0.880. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q3 2026 guidance to -0.270–0.220 EPS.

Analysts Set New Price Targets

Several analysts have issued reports on BLMN shares. Wall Street Zen downgraded shares of Bloomin’ Brands from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Barclays upped their target price on Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Weiss Ratings raised Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Citigroup decreased their price target on Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating for the company in a research note on Friday, July 24th. Finally, UBS Group boosted their price objective on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Six analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Bloomin’ Brands has an average rating of “Reduce” and a consensus target price of $8.53.

Bloomin’ Brands Stock Down 1.3%

Shares of NASDAQ BLMN opened at $8.92 on Wednesday. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $9.27. The firm has a market capitalization of $763.64 million, a price-to-earnings ratio of 35.68, a PEG ratio of 7.21 and a beta of 1.22. The stock has a 50 day moving average price of $8.26 and a 200 day moving average price of $7.14. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26.

Bloomin’ Brands (NASDAQ:BLMN) last issued its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.10. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. Sell-side analysts expect that Bloomin’ Brands will post 0.86 earnings per share for the current year.

Institutional Investors Weigh In On Bloomin’ Brands

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in Bloomin’ Brands in the fourth quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 buying an additional 3,353 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Bloomin’ Brands by 44.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 1,662 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Bloomin’ Brands in the 4th quarter valued at about $62,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Bloomin’ Brands in the 4th quarter valued at about $72,000.

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.