Insider Buying: Bloomin’ Brands (NASDAQ:BLMN) Director Buys 10,000 Shares of Stock

Bloomin’ Brands, Inc. (NASDAQ:BLMN) Director Rohit Lal acquired 10,000 shares of Bloomin’ Brands stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of $5.69 per share, with a total value of $56,900.00. Following the completion of the acquisition, the director directly owned 30,156 shares in the company, valued at $171,587.64. This trade represents a 49.61% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Bloomin’ Brands Price Performance

Shares of Bloomin’ Brands stock traded down $0.26 during trading on Thursday, hitting $5.44. 3,110,593 shares of the company’s stock traded hands, compared to its average volume of 3,158,519. The company has a market cap of $463.65 million, a PE ratio of 54.41, a PEG ratio of 2.56 and a beta of 1.12. The firm’s fifty day moving average price is $6.63 and its 200 day moving average price is $6.86. Bloomin’ Brands, Inc. has a twelve month low of $5.42 and a twelve month high of $10.70. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.31 and a quick ratio of 0.24.

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

Institutional Investors Weigh In On Bloomin’ Brands

Several hedge funds and other institutional investors have recently made changes to their positions in BLMN. Corient Private Wealth LLC acquired a new position in shares of Bloomin’ Brands during the fourth quarter valued at $2,147,000. Alpine Global Management LLC bought a new position in Bloomin’ Brands in the fourth quarter valued at about $89,000. Virtu Financial LLC acquired a new stake in Bloomin’ Brands in the fourth quarter worth about $195,000. Invesco Ltd. raised its holdings in 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 purchasing an additional 123,566 shares during the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in 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.

Analyst Upgrades and Downgrades

BLMN has been the subject of a number of research reports. Loop Capital set a $10.00 target price on Bloomin’ Brands in a research note on Tuesday, December 16th. Citigroup upped their price target on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Bloomin’ Brands in a research report on Monday, December 29th. Eight investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $8.44.

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.