In today’s recent session, 0.58 million shares of the Bloomin Brands Inc (NASDAQ:BLMN) have been traded, and its beta is 1.72. Most recently the company’s share price was $8.49, and it changed around $0.25 or 3.01% from the last close, which brings the market valuation of the company to $720.92M. BLMN at last check was trading at a discount to its 52-week high of $30.12, offering almost -254.77% off that amount. The share price’s 52-week low was $8.00, which indicates that the recent value has risen by an impressive 5.77% since then.
Bloomin Brands Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.08. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 10 recommended BLMN as a Hold, whereas 1 deemed it a Buy, and 2 rated it as Underweight. Bloomin Brands Inc is expected to report earnings per share of 0.58 for the current quarter.
Bloomin Brands Inc (NASDAQ:BLMN) trade information
Instantly BLMN has been showing a green trend so far today with a performance of 3.01% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.15 on recent trading dayincreased the stock’s daily price by 16.35%. The company’s shares are currently down -30.48% year-to-date, but still down -14.26% over the last five days. On the other hand, Bloomin Brands Inc (NASDAQ:BLMN) is -32.42% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $14.5, which translates to bulls needing to increase their stock price by 41.45% from its current value. Analyst projections state that BLMN is forecast to be at a low of $11 and a high of $16.
Bloomin Brands Inc (BLMN) estimates and forecasts
The year-over-year growth rate is expected to be -12.07%, down from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 1.04B in revenue for the current quarter. 9 analysts expect Bloomin Brands Inc to make 987.47M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.2B and 1.12B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -13.11%. Forecasts for the next quarter put sales growth at -11.74%.
Bloomin Brands Inc earnings are expected to increase by -25.30% in 2025, but the outlook is negative -4.00% per year for the next five years.
BLMN Dividends
Bloomin Brands Inc’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 11.31 percent and its annual dividend per share was 0.96. It is important to note, however, that the 11.31% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Bloomin Brands Inc (NASDAQ:BLMN)’s Major holders
VANGUARD GROUP INC, with 13.6072% or 11.8 million shares worth $226.83 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 4.87 shares worth $41.77 million, making up 5.74% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.77 shares worth around $23.77 million, which represents about 3.27% of the total shares outstanding.