Bloomin’ Brands (NASDAQ:BLMN) Issues FY 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.900-1.000 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q3 2026 guidance to -0.270–0.220 EPS.

Bloomin’ Brands Stock Performance

NASDAQ BLMN traded up $0.20 on Friday, hitting $11.09. 806,966 shares of the stock traded hands, compared to its average volume of 2,577,147. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. The business’s fifty day moving average is $8.38 and its two-hundred day moving average is $7.19. Bloomin’ Brands has a 12 month low of $5.19 and a 12 month high of $12.63. The firm has a market capitalization of $949.03 million, a price-to-earnings ratio of 35.66, a PEG ratio of 9.08 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN) last issued its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a return on equity of 30.43% and a net margin of 0.70%.The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the firm earned $0.32 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. As a group, equities analysts anticipate that Bloomin’ Brands will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

BLMN has been the subject of a number of analyst reports. Sanford C. Bernstein set a $9.00 price objective on shares of Bloomin’ Brands in a research report on Thursday, May 7th. Citigroup reduced their price target on Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price objective on shares of Bloomin’ Brands in a report on Thursday. Wall Street Zen lowered shares of Bloomin’ Brands from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings raised shares of Bloomin’ Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Bloomin’ Brands presently has a consensus rating of “Reduce” and a consensus price target of $9.53.

Institutional Investors Weigh In On Bloomin’ Brands

Several large investors have recently made changes to their positions in the company. Hsbc Holdings PLC purchased a new stake in Bloomin’ Brands during the fourth quarter valued at $72,000. Virtu Financial LLC purchased a new position in shares of Bloomin’ Brands during the fourth quarter worth approximately $195,000. Invesco Ltd. grew its position in shares of Bloomin’ Brands by 9.9% during the 4th quarter. Invesco Ltd. now owns 1,368,340 shares of the restaurant operator’s stock worth $8,443,000 after buying an additional 123,566 shares in the last quarter. Corient Private Wealth LLC bought a new position in shares of Bloomin’ Brands during the fourth quarter valued at approximately $2,147,000. Finally, State of Tennessee Department of Treasury lifted its stake in shares of Bloomin’ Brands by 116.6% during the 4th quarter. State of Tennessee Department of Treasury now owns 40,570 shares of the restaurant operator’s stock worth $243,000 after purchasing an additional 21,843 shares during the last quarter.

Bloomin’ Brands Company Profile

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.