Bloomin Brands Inc (NASDAQ:BLMN) has a beta value of 1.76 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $637.40M, closed the recent trade at $7.51 per share which meant it gained $0.34 on the day or 4.67% during that session. The BLMN stock price is -287.48% off its 52-week high price of $29.10 and 4.66% above the 52-week low of $7.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.77 million shares traded. The 3-month trading volume is 2.43 million shares.
The consensus among analysts is that Bloomin Brands Inc (BLMN) is Buy stock at the moment, with a recommendation rating of 3.08. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 9 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.57.
Bloomin Brands Inc (NASDAQ:BLMN) trade information
Sporting 4.67% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BLMN stock price touched $7.51 or saw a rise of 10.06%. Year-to-date, Bloomin Brands Inc shares have moved -38.53%, while the 5-day performance has seen it change -8.14%. Over the past 30 days, the shares of Bloomin Brands Inc (NASDAQ:BLMN) have changed -11.03%. Short interest in the company has seen 7.36 million shares shorted with days to cover at 2.16.
Wall Street analysts have a consensus price target for the stock at $14.5, which means that the shares’ value could jump 48.21% from the levels at last check today. The projected low price target is $11.0 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is -113.05% off the targeted high while a plunge would see the stock gain -46.47% from the levels at last check today.
Bloomin Brands Inc (BLMN) estimates and forecasts
The company’s shares have lost -55.33% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -12.04%.
9 analysts offering their estimates for the company have set an average revenue estimate of 1.04B for the current quarter. 9 have an estimated revenue figure of 987.24M for the next ending quarter. Year-ago sales stood 1.2B and 1.12B respectively for this quarter and the next, and analysts expect sales will shrink by -13.13% for the current quarter and -12.04% for the next.
Earnings growth for 2025 is a modest -26.52% while over the next 5 years, the company’s earnings are expected to decrease by -4.03%.
BLMN Dividends
Bloomin Brands Inc is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.87 at a share yield of 11.59%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.92%.
Bloomin Brands Inc (NASDAQ:BLMN)’s Major holders
Insiders own 2.07% of the company shares, while shares held by institutions stand at 106.97% with a share float percentage of 109.23%. Investors are also buoyed by the number of investors in a company, with Bloomin Brands Inc having a total of 324.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 12.71 million shares worth more than $244.46 million. As of 2024-06-30, BLACKROCK INC. held 14.6647% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 11.8 million shares as of 2024-06-30. The firm’s total holdings are worth over $226.83 million and represent 13.6072% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Feb 28, 2025, the former fund manager holds about 5.69% shares in the company for having 4.84 shares of worth $36.27 million while later fund manager owns 2.24 shares of worth $16.76 million as of Dec 31, 2024, which makes it owner of about 2.63% of company’s outstanding stock.
