In last trading session, Bloomin Brands Inc (NASDAQ:BLMN) saw 3.01 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $9.23 trading at $0.53 or 6.09% at ring of the bell on the day assigns it a market valuation of $783.91M. That closing price of BLMN’s stock is at a discount of -217.55% from its 52-week high price of $29.31 and is indicating a premium of 13.33% from its 52-week low price of $8.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.78 million shares which gives us an average trading volume of 2.20 million if we extend that period to 3-months.
For Bloomin Brands Inc (BLMN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.08. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Bloomin Brands Inc (NASDAQ:BLMN) trade information
Upright in the green during last session for gaining 6.09%, in the last five days BLMN remained trading in the green while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $9.23 price level, adding 2.94% to its value on the day. Bloomin Brands Inc’s shares saw a change of -24.41% in year-to-date performance and have moved 6.71% in past 5-day. Bloomin Brands Inc (NASDAQ:BLMN) showed a performance of -21.98% in past 30-days. Number of shares sold short was 10.54 million shares which calculate 4.65 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14.5 to the stock, which implies a rise of 36.34% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -19.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.18% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -26.54% while estimates for its earnings growth in next 5 years are of -2.76%.
BLMN Dividends
Bloomin Brands Inc is more likely to be releasing its next quarterly report on 2025-Feb-25 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 9.43%, the share has a forward dividend of 0.87 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.92%.
Bloomin Brands Inc (NASDAQ:BLMN)’s Major holders
Insiders are in possession of 2.46% of company’s total shares while institution are holding 106.91 percent of that, with stock having share float percentage of 109.61%. Investors also watch the number of corporate investors in a company very closely, which is 106.91% institutions for Bloomin Brands Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at BLMN for having 12.71 million shares of worth $244.46 million. And as of 2024-06-30, it was holding 14.6647 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 11.8 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.6072 of outstanding shares, having a total worth of $226.83 million.
