Bloomin Brands Inc (NASDAQ: BLMN) Stock Forecast for 2023 with -54.76% Downside

In the last trading session, 3.03 million Bloomin Brands Inc (NASDAQ:BLMN) shares changed hands as the company’s beta touched 1.34. With the company’s per share price at $8.40 changed hands at -$0.41 or -4.65% during last session, the market valuation stood at $714.51M. BLMN’s last price was a discount, traded about -185.36% off its 52-week high of $23.97. The share price had its 52-week low at $6.09, which suggests the last value was 27.5% up since then.

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 (NASDAQ:BLMN) trade information

Instantly BLMN was in red as seen at the end of in last trading. With action -4.65%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.20%, with the 5-day performance at -4.65% in the red. However, in the 30-day time frame, Bloomin Brands Inc (NASDAQ:BLMN) is 5.66% up.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 30.0% from its current market value. According to analyst projections, BLMN’s forecast low is 11 with 13 as the target high. To hit the forecast high, the stock’s price needs a -54.76% plunge from its current level, while the stock would need to soar -30.95% for it to hit the projected low.

Bloomin Brands Inc (BLMN) estimates and forecasts

The 2025 estimates are for Bloomin Brands Inc earnings to decrease by -32.48%, but the outlook for the next 5-year period is at -7.99% per year.

BLMN Dividends

Bloomin Brands Inc is expected to release its next quarterly earnings report in June. The 10.36% annual yield figure for the share gives it an annual dividend of 0.87. It is important to note, however, that the 10.36% 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.

Bloomin Brands Inc (NASDAQ:BLMN)’s Major holders

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 Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 4.67 shares estimated at $39.22 million under it, the former controlled 5.50% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.63% of the shares, roughly 2.24 shares worth around $18.78 million.

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