Bloomin’ Brands, Inc. (NASDAQ:BLMN) Given Consensus Recommendation of “Reduce” by Brokerages

Bloomin’ Brands, Inc. (NASDAQ:BLMN) has earned a consensus recommendation of “Reduce” from the nine research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $8.4375.

Several research analysts have commented on the stock. Citigroup boosted their price target on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a research note on Monday, December 29th. Finally, Loop Capital set a $10.00 target price on Bloomin’ Brands in a report on Tuesday, December 16th.

Bloomin’ Brands Price Performance

Shares of NASDAQ BLMN opened at $5.26 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.31 and a quick ratio of 0.24. The company has a market cap of $448.31 million, a price-to-earnings ratio of 52.61, a price-to-earnings-growth ratio of 2.49 and a beta of 1.12. The stock’s 50-day moving average is $6.30 and its two-hundred day moving average is $6.75. Bloomin’ Brands has a 1-year low of $5.21 and a 1-year high of $10.70.

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

Insider Buying and Selling at Bloomin’ Brands

In other Bloomin’ Brands news, Director Rohit Lal bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of $5.69 per share, for a total transaction of $56,900.00. Following the completion of the purchase, the director directly owned 30,156 shares in the company, valued at $171,587.64. This trade represents a 49.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.18% of the company’s stock.

Institutional Trading of Bloomin’ Brands

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its position in shares of Bloomin’ Brands by 44.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 1,662 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of Bloomin’ Brands by 1.1% during the third quarter. WINTON GROUP Ltd now owns 163,932 shares of the restaurant operator’s stock worth $1,175,000 after purchasing an additional 1,752 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Bloomin’ Brands by 9.0% during the third quarter. Harbor Capital Advisors Inc. now owns 23,502 shares of the restaurant operator’s stock worth $169,000 after purchasing an additional 1,950 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Bloomin’ Brands by 72.9% during the second quarter. Steward Partners Investment Advisory LLC now owns 4,743 shares of the restaurant operator’s stock worth $41,000 after purchasing an additional 2,000 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Bloomin’ Brands by 50.9% in the 4th quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 2,099 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.