Bloomin’ Brands, Inc. (NASDAQ:BLMN) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) have received an average rating of “Reduce” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and eight have given a hold recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $8.4375.

A number of equities research analysts have recently weighed in on BLMN shares. Citigroup boosted their target price on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Loop Capital set a $10.00 price target on Bloomin’ Brands in a report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a research report on Friday, March 27th.

Insider Activity

In other Bloomin’ Brands news, Director Rohit Lal purchased 10,000 shares of the stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $5.69 per share, for a total transaction of $56,900.00. Following the transaction, the director directly owned 30,156 shares in the company, valued at $171,587.64. This represents a 49.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.18% of the company’s stock.

Hedge Funds Weigh In On Bloomin’ Brands

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP bought a new stake in shares of Bloomin’ Brands during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Bloomin’ Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 3,353 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Bloomin’ Brands in the 4th quarter worth $31,000. PNC Financial Services Group Inc. grew its stake in shares of Bloomin’ Brands by 44.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 1,662 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Bloomin’ Brands by 50.9% during the fourth quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 2,099 shares during the period.

Bloomin’ Brands Price Performance

BLMN opened at $5.49 on Friday. Bloomin’ Brands has a one year low of $5.19 and a one year 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. The company’s 50 day simple moving average is $6.08 and its 200-day simple moving average is $6.70. The stock has a market capitalization of $467.90 million, a P/E ratio of 54.91, a price-to-earnings-growth ratio of 2.47 and a beta of 1.12.

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 firm had revenue of $975.22 million during the quarter, compared to analysts’ expectations of $980.64 million. During the same quarter in the previous year, the company posted $0.38 EPS. Bloomin’ Brands’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. Sell-side analysts anticipate that Bloomin’ Brands will post 1.8 earnings per share 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.