Bloomin’ Brands, Inc. (NASDAQ:BLMN) Receives $8.44 Consensus Target Price from Analysts

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) have received an average rating of “Reduce” from the nine ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $8.4375.

Several equities research analysts have recently commented on the company. Loop Capital set a $10.00 target price on Bloomin’ Brands in a research note on Tuesday, December 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a report on Monday, December 29th. The Goldman Sachs Group upgraded Bloomin’ Brands from a “sell” rating to a “neutral” rating and set a $7.00 price objective for the company in a research report on Friday, November 7th. Citigroup boosted their price objective on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Finally, Zacks Research raised shares of Bloomin’ Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th.

Bloomin’ Brands Trading Down 2.9%

BLMN opened at $6.38 on Tuesday. Bloomin’ Brands has a 1-year low of $5.60 and a 1-year high of $10.70. The stock has a market capitalization of $543.77 million, a PE ratio of 63.81, a PEG ratio of 2.96 and a beta of 1.12. The company has a current ratio of 0.31, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. The firm has a 50-day moving average price of $6.69 and a two-hundred day moving average price of $6.91.

Bloomin’ Brands (NASDAQ:BLMN) last released its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. The business had revenue of $975.22 million for the quarter, compared to analysts’ expectations of $980.64 million. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 26.26%. Bloomin’ Brands’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.38 earnings per share. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. As a group, equities analysts anticipate that Bloomin’ Brands will post 1.8 earnings per share for the current fiscal year.

Institutional Trading of Bloomin’ Brands

Institutional investors have recently bought and sold shares of the business. State Street Corp lifted its stake in shares of Bloomin’ Brands by 1.8% in the 4th quarter. State Street Corp now owns 3,400,106 shares of the restaurant operator’s stock valued at $20,979,000 after purchasing an additional 58,722 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Bloomin’ Brands by 32.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,732,038 shares of the restaurant operator’s stock worth $23,523,000 after purchasing an additional 664,545 shares during the period. Millennium Management LLC increased its holdings in Bloomin’ Brands by 69.9% in the third quarter. Millennium Management LLC now owns 2,590,098 shares of the restaurant operator’s stock valued at $18,571,000 after purchasing an additional 1,065,842 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Bloomin’ Brands by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,409,123 shares of the restaurant operator’s stock valued at $14,864,000 after buying an additional 269,746 shares during the period. Finally, Federated Hermes Inc. boosted its holdings in Bloomin’ Brands by 115.9% during the fourth quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock worth $12,741,000 after buying an additional 1,108,500 shares during the last quarter.

About Bloomin’ Brands

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.