Bloomin Brands Inc (NASDAQ:BLMN)’s traded shares stood at 0.89 million during the latest session, with the company’s beta value hitting 2.03. At the last check today, the stock’s price was $9.98, to imply an increase of 0.81% or $0.08 in intraday trading. The BLMN share’s 52-week high remains $30.12, putting it -201.8% down since that peak but still an impressive 4.11% since price per share fell to its 52-week low of $9.57.
Analysts have given a consensus recommendation of Buy for Bloomin Brands Inc (BLMN), translating to a mean rating of 3.08. Of 9 analyst(s) looking at the stock, 0 analyst(s) give BLMN a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.6.
Bloomin Brands Inc (NASDAQ:BLMN) trade information
After registering a 0.81% upside in the latest session, Bloomin Brands Inc (BLMN) has traded red over the past five days. The 5-day price performance for the stock is -16.90%, and -19.84% over 30 days. With these gigs, the year-to-date price performance is -18.26%.
The extremes give us $11 and $16 for target low and target high price respectively. As such, BLMN has been trading -60.32% off suggested target high and -10.22% from its likely low.
Bloomin Brands Inc (BLMN) estimates and forecasts
The rating firms project that company’s revenue will shrink -10.24% compared to the previous financial year.
Revenue forecast for the current quarter as set by 10 analysts is 1.07B. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 1.01B.Earnings reports from the last fiscal year show that sales brought in 1.2B and 1.12B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.19% before dropping -9.29% in the following quarter.
BLMN Dividends
Bloomin Brands Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Bloomin Brands Inc has a forward dividend ratio of 0.96, with the share yield ticking at 9.62% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 11.8 million shares, or about 13.6072% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $226.83 million.
We also have iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Bloomin Brands Inc (BLMN) shares. Going by data provided on Nov 30, 2024 , iShares Core S&P Smallcap ETF holds roughly 4.89 shares. This is just over 5.77% of the total shares, with a market valuation of $48.68 million. Data from the same date shows that the other fund manager holds a little less at 2.77, or 3.27% of the shares, all valued at about 27.59 million.
