Bloomin’ Brands, Inc. (BLMN) – What Are Researchers Thinking About This Stock?

Bloomin’ Brands, Inc. (NASDAQ:BLMN) has been given an average rating of “Hold” by the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $10.60.

A number of research analysts have recently commented on the stock. Weiss Ratings raised shares of Bloomin’ Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Citigroup reduced their price target on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 price target on shares of Bloomin’ Brands in a report on Thursday, August 6th. Morgan Stanley upped their price objective on shares of Bloomin’ Brands from $8.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Finally, Veritas Investment Research set a $13.00 price objective on shares of Bloomin’ Brands in a research note on Tuesday, September 29th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Bloomin’ Brands during the second quarter worth about $62,563,000. Arrowstreet Capital Limited Partnership raised its holdings in Bloomin’ Brands by 79.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,908,998 shares of the restaurant operator’s stock valued at $21,109,000 after buying an additional 1,736,001 shares during the last quarter. Miller Value Partners LLC bought a new position in Bloomin’ Brands in the 2nd quarter valued at approximately $23,635,000. Dimensional Fund Advisors LP raised its holdings in Bloomin’ Brands by 84.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,208,122 shares of the restaurant operator’s stock valued at $11,924,000 after buying an additional 1,013,953 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in Bloomin’ Brands by 150.1% during the 1st quarter. Empowered Funds LLC now owns 690,137 shares of the restaurant operator’s stock worth $3,727,000 after buying an additional 414,146 shares during the period.

Bloomin’ Brands Stock Performance

Shares of BLMN opened at $9.95 on Wednesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $12.63. The firm has a market cap of $851.92 million, a price-to-earnings ratio of 32.10, a PEG ratio of 2.60 and a beta of 1.26. The business’s fifty day moving average is $9.42 and its 200-day moving average is $8.33.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data 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. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Bloomin’ Brands had a return on equity of 28.95% and a net margin of 0.70%. Bloomin’ Brands’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.32 EPS. 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. Equities analysts anticipate that Bloomin’ Brands will post 0.96 EPS for the current fiscal year.

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc is a restaurant company that owns and operates a portfolio of casual dining and upscale casual dining brands. Its best-known concept is Outback Steakhouse, which specializes in steaks, seafood, chicken, burgers and other American-style dishes with an Australian-inspired theme.

The company’s other restaurant brands include Carrabba’s Italian Grill, which serves Italian-American cuisine; Bonefish Grill, focused on seafood and wood-grilled specialties; and Fleming’s Prime Steakhouse & Wine Bar, an upscale steakhouse concept.