Bloomin’ Brands (NASDAQ:BLMN) Releases Q2 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.270-0.320 for the period, compared to the consensus earnings per share estimate of 0.220. The company issued revenue guidance of -. Bloomin’ Brands also updated its FY 2026 guidance to 0.750-0.900 EPS.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. UBS Group raised their price objective on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday. Sanford C. Bernstein set a $9.00 price objective on Bloomin’ Brands in a report on Thursday. Barclays raised their price objective on Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 target price on the stock. in a report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a report on Friday, March 27th. Seven analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $8.78.

Bloomin’ Brands Stock Performance

NASDAQ BLMN traded up $0.03 on Friday, hitting $7.98. 734,098 shares of the stock traded hands, compared to its average volume of 2,737,190. The business’s fifty day moving average is $6.03 and its two-hundred day moving average is $6.55. Bloomin’ Brands has a 12 month low of $5.19 and a 12 month high of $10.70. The firm has a market capitalization of $679.79 million, a price-to-earnings ratio of 31.88, a PEG ratio of 6.86 and a beta of 1.10. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.31.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.10. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. Bloomin’ Brands had a return on equity of 28.70% and a net margin of 0.55%.Bloomin’ Brands’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.59 earnings per share. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. As a group, equities analysts anticipate that Bloomin’ Brands will post 0.82 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Rohit Lal acquired 10,000 shares of Bloomin’ Brands stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average cost of $5.69 per share, with a total value of $56,900.00. Following the completion of the purchase, the director owned 30,156 shares of the company’s stock, valued at $171,587.64. This represents a 49.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.18% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its stake 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. Quarry LP bought a new stake in shares of Bloomin’ Brands in the fourth quarter worth about $25,000. PNC Financial Services Group Inc. increased 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 period. Kemnay Advisory Services Inc. purchased a new position in shares of Bloomin’ Brands during the 4th quarter worth approximately $62,000. Finally, Lazard Asset Management LLC lifted its holdings in shares of Bloomin’ Brands by 178.1% during the second quarter. Lazard Asset Management LLC now owns 10,378 shares of the restaurant operator’s stock valued at $88,000 after purchasing an additional 6,646 shares during the last quarter.

About Bloomin’ Brands

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.