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

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) have been assigned a consensus rating of “Reduce” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and eight have given a hold rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $8.4375.

A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a report on Monday, December 29th. Loop Capital set a $10.00 target price on Bloomin’ Brands in a report on Tuesday, December 16th. Finally, Citigroup raised their target price on Bloomin’ Brands from $6.75 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th.

Institutional Investors Weigh In On Bloomin’ Brands

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alpine Global Management LLC bought a new position in shares of Bloomin’ Brands in the fourth quarter worth about $89,000. Virtu Financial LLC bought a new stake in shares of Bloomin’ Brands during the fourth quarter valued at approximately $195,000. Invesco Ltd. increased its holdings in shares of Bloomin’ Brands by 9.9% in the fourth quarter. Invesco Ltd. now owns 1,368,340 shares of the restaurant operator’s stock valued at $8,443,000 after purchasing an additional 123,566 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Bloomin’ Brands in the fourth quarter valued at approximately $2,147,000. Finally, State of Tennessee Department of Treasury raised its position in Bloomin’ Brands by 116.6% in 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 Price Performance

NASDAQ:BLMN opened at $6.01 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 2.34. The firm has a market cap of $512.22 million, a PE ratio of 60.11, a price-to-earnings-growth ratio of 2.71 and a beta of 1.12. Bloomin’ Brands has a 12 month low of $5.60 and a 12 month high of $10.70. The company’s 50-day moving average price is $6.67 and its two-hundred day moving average price is $6.90.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 26.26%. The company had revenue of $975.22 million during the quarter, compared to analyst estimates of $980.64 million. During the same quarter last year, the business posted $0.38 earnings per share. The company’s revenue was up .3% on a year-over-year basis. 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. On average, equities analysts anticipate that Bloomin’ Brands will post 1.8 EPS for the current fiscal year.

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.