In the last trading session, 2.37 million Bloomin Brands Inc (NASDAQ:BLMN) shares changed hands as the company’s beta touched 1.69. With the company’s per share price at $8.55 changed hands at $0.35 or 4.27% during last session, the market valuation stood at $726.16M. BLMN’s last price was a discount, traded about -240.35% off its 52-week high of $29.10. The share price had its 52-week low at $8.00, which suggests the last value was 6.43% up since then. When we look at Bloomin Brands Inc’s average trading volume, we note the 10-day average is 3.48 million shares, with the 3-month average coming to 2.26 million.
Analysts gave the Bloomin Brands Inc (BLMN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.08. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended BLMN as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Bloomin Brands Inc’s EPS for the current quarter is expected to be 0.57.
Bloomin Brands Inc (NASDAQ:BLMN) trade information
Instantly BLMN was in green as seen at the end of in last trading. With action -2.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -29.98%, with the 5-day performance at -2.73% in the red. However, in the 30-day time frame, Bloomin Brands Inc (NASDAQ:BLMN) is -26.04% down. Looking at the short shares, we see there were 10.54 million shares sold at short interest cover period of 4.65 days.
The consensus price target for the stock as assigned by Wall Street analysts is 14.5, meaning bulls need an upside of 41.03% from its current market value. According to analyst projections, BLMN’s forecast low is 11 with 16 as the target high. To hit the forecast high, the stock’s price needs a -87.13% plunge from its current level, while the stock would need to soar -28.65% for it to hit the projected low.
Bloomin Brands Inc (BLMN) estimates and forecasts
Year-over-year growth is forecast to reach -12.06% down from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 1.04B. 10 analysts are of the opinion that Bloomin Brands Inc’s revenue for the current quarter will be 986.51M. The company’s revenue for the corresponding quarters a year ago was 1.2B and 1.12B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.21%. The estimates for the next quarter sales put growth at -11.83%.
The 2025 estimates are for Bloomin Brands Inc earnings to decrease by -26.54%, but the outlook for the next 5-year period is at -2.76% per year.
BLMN Dividends
Bloomin Brands Inc is expected to release its next quarterly earnings report on 2025-Feb-25. The 10.18% annual yield figure for the share gives it an annual dividend of 0.87. It is important to note, however, that the 10.18% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.92 per year.
Bloomin Brands Inc (NASDAQ:BLMN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.46% of Bloomin Brands Inc shares while 106.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 109.61%. There are 106.91% institutions holding the Bloomin Brands Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 14.6647% of the shares, roughly 12.71 million BLMN shares worth $244.46 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 13.6072% or 11.8 million shares worth $226.83 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . With 4.87 shares estimated at $41.63 million under it, the former controlled 5.73% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.63% of the shares, roughly 2.24 shares worth around $19.11 million.
