Key Points
- Director Rohit Lal purchased 10,000 shares of Bloomin' Brands on March 11 at $5.69 per share for $56,900, increasing his direct holding to 30,156 shares—a 49.61% rise—according to an SEC filing.
- BLMN traded at $5.48 (up 0.6%) with a market cap of about $466.6M; the company reported Q4 EPS of $0.26 (beat by $0.01), issued Q1 2026 guidance of $0.570–0.620 and FY2026 guidance of $0.750–0.900, while analysts on average rate the stock as a Reduce with a $8.44 consensus target.
Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) Director Rohit Lal purchased 10,000 shares of the business's stock in a transaction that occurred on 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 purchase, the director directly owned 30,156 shares in the company, valued at $171,587.64. The trade was a 49.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Bloomin' Brands Stock Up 0.6%
BLMN stock traded up $0.04 during trading on Friday, hitting $5.48. 1,578,185 shares of the stock traded hands, compared to its average volume of 2,649,629. The stock has a market cap of $466.63 million, a price-to-earnings ratio of 54.91, a price-to-earnings-growth ratio of 2.56 and a beta of 1.12. 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, Inc. has a 1 year low of $5.42 and a 1 year high of $10.70. The firm's 50 day moving average is $6.63 and its two-hundred day moving average is $6.86.
Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share (EPS) 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 business had revenue of $975.22 million during the quarter, compared to analysts' expectations of $980.64 million. During the same period in the previous year, the company earned $0.38 earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts anticipate that Bloomin' Brands, Inc. will post 1.8 EPS for the current year.
Hedge Funds Weigh In On Bloomin' Brands
Several institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new stake in shares of Bloomin' Brands in the 4th quarter worth $2,147,000. Alpine Global Management LLC bought a new stake in Bloomin' Brands during the fourth quarter valued at about $89,000. Virtu Financial LLC bought a new stake in Bloomin' Brands during the fourth quarter valued at about $195,000. Invesco Ltd. increased its position in Bloomin' Brands by 9.9% in the fourth 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. Finally, State of Tennessee Department of Treasury increased its position in Bloomin' Brands by 116.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 40,570 shares of the restaurant operator's stock worth $243,000 after buying an additional 21,843 shares in the last quarter.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on BLMN shares. Citigroup lifted their price objective on Bloomin' Brands from $6.75 to $7.00 and gave the stock a "neutral" rating in a report on Thursday, February 26th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Bloomin' Brands in a report on Monday, December 29th. Finally, Loop Capital set a $10.00 price target on shares of Bloomin' Brands in a research note on Tuesday, December 16th. Eight investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Bloomin' Brands currently has an average rating of "Reduce" and a consensus target price of $8.44.
Check Out Our Latest Stock Report on BLMN
About Bloomin' Brands
(
Get Free Report)
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.
Further Reading
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