BLMN icon

Bloomin' Brands

11.21 USD
-0.35
3.03%
At close Feb 13, 4:00 PM EST
After hours
11.21
+0.00
0.00%
1 day
-3.03%
5 days
-9.74%
1 month
-0.09%
3 months
-17.27%
6 months
-31.23%
Year to date
-6.27%
1 year
-57.21%
5 years
-47.20%
10 years
-54.15%
 

About: Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising. The Company aggregates its operating segments into two reportable segments, U.S. and international. The U.S. segment includes all restaurants operating in the U.S. while restaurants operating outside the U.S. are included in the international segment.

Employees: 87,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

62% more call options, than puts

Call options by funds: $25.1M | Put options by funds: $15.5M

16% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 44

3% more funds holding

Funds holding: 239 [Q2] → 245 (+6) [Q3]

0.15% more ownership

Funds ownership: 106.63% [Q2] → 106.78% (+0.15%) [Q3]

15% less capital invested

Capital invested by funds: $1.77B [Q2] → $1.5B (-$272M) [Q3]

24% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 92

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$13
16%
upside
Avg. target
$13
16%
upside
High target
$13
16%
upside

4 analyst ratings

positive
0%
neutral
50%
negative
50%
B of A Securities
Justin Post
82% 1-year accuracy
14 / 17 met price target
16%upside
$13
Underperform
Downgraded
27 Jan 2025
UBS
Dennis Geiger
50% 1-year accuracy
11 / 22 met price target
16%upside
$13
Neutral
Maintained
7 Jan 2025
Barclays
Jeffrey Bernstein
50% 1-year accuracy
51 / 102 met price target
16%upside
$13
Equal-Weight
Downgraded
7 Jan 2025
Goldman Sachs
Christine Cho
52% 1-year accuracy
29 / 56 met price target
16%upside
$13
Sell
Initiated
5 Dec 2024

Financial journalist opinion

Based on 5 articles about BLMN published over the past 30 days

Neutral
Business Wire
15 hours ago
Jim Dinkins Joins Company Board of Directors
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) today announced that James (Jim) Dinkins joined the company's Board of Directors effective February 12, 2025. With his appointment, the Board increases its size from ten to 11 members. Dinkins will stand for re-election at the 2025 annual stockholders meeting; he will also serve on the Board's Audit Committee. Dinkins currently serves as the Chief Executive Officer of The Honey Baked Ham Company LLC. He also held leadership role.
Jim Dinkins Joins Company Board of Directors
Neutral
Business Wire
1 week ago
Bloomin' Brands, Inc. to Host Fiscal 2024 Fourth Quarter Earnings Conference Call at 8:30 AM EST on February 26, 2025
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal fourth quarter ended December 29, 2024, on Wednesday, February 26, 2025, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:30 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website af.
Bloomin' Brands, Inc. to Host Fiscal 2024 Fourth Quarter Earnings Conference Call at 8:30 AM EST on February 26, 2025
Positive
24/7 Wall Street
2 weeks ago
Our 4 Favorite February High-Yield Stock Picks All Pay 7% and Higher Dividends
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.
Our 4 Favorite February High-Yield Stock Picks All Pay 7% and Higher Dividends
Positive
Benzinga
2 weeks ago
Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks With Over 5% 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 dividend payout.
Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks With Over 5% Dividend Yields
Negative
Benzinga
2 weeks ago
Bloomin' Brands Faces Near-Term Pressure, Analyst Highlights Peer Brinker's Turnaround Roadmap
BofA Securities analyst downgraded the shares of Bloomin' Brands Inc BLMN from Neutral to Underperform and lowered the price forecast from $18.00 to $13.00.
Bloomin' Brands Faces Near-Term Pressure, Analyst Highlights Peer Brinker's Turnaround Roadmap
Neutral
Business Wire
1 month ago
Pat Hafner Promoted to Executive Vice President, President of Outback Steakhouse
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) announced the promotion of Pat Hafner to Executive Vice President, President of Outback Steakhouse. He will be responsible for leading operations and development for the company's largest brand. He most recently served as President of Carrabba's Italian Grill. “Pat is an ‘operator's operator' who has held a variety of roles and led special projects at Bloomin' Brands,” said Mike Spanos, Chief Executive Officer of Bloomin' Brands.
Pat Hafner Promoted to Executive Vice President, President of Outback Steakhouse
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Give Their Take 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 dividend payout.
Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 7% Dividend Yields
Positive
Benzinga
2 months ago
Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% 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 dividend payout.
Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% Dividend Yields
Positive
Benzinga
2 months ago
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 dividend payout.
Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 7% Dividend Yields
Neutral
Seeking Alpha
3 months ago
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 Spanos - Chief Executive Officer Michael Healy - Executive Vice President & Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies John Ivankoe - JPMorgan Brian Harbour - Morgan Stanley Jeffrey Farmer - Gordon Haskett Sara Senatore - Bank of America Dennis Geiger - UBS Brian Mullan - Piper Sandler Jon Tower - Citigroup Brian Vaccaro - Raymond James Andrew Strelzik - BMO Tara Kurian Thank you and good morning, everyone. With me on today's call are Mike Spanos, our Chief Executive Officer; and Michael Healy, Chief Financial Officer and Executive Vice President.
Bloomin' Brands, Inc. (BLMN) Q3 2024 Earnings Call Transcript
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