Bloomin’ Brands (NASDAQ:BLMN) Director Acquires $56,900.00 in Stock

Bloomin’ Brands, Inc. (NASDAQ:BLMN) Director Rohit Lal purchased 10,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average price of $5.69 per share, with a total value of $56,900.00. Following the transaction, the director 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Bloomin’ Brands Trading Down 4.6%

Shares of BLMN traded down $0.26 on Thursday, reaching $5.44. 3,110,593 shares of the company’s stock were exchanged, compared to its average volume of 3,158,519. The business has a 50 day moving average price of $6.63 and a two-hundred day moving average price of $6.86. Bloomin’ Brands, Inc. has a 12 month low of $5.42 and a 12 month high of $10.70. The stock has a market capitalization of $463.65 million, a P/E ratio of 54.41, a price-to-earnings-growth ratio of 2.56 and a beta of 1.12. The company has a current ratio of 0.31, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34.

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 analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $980.64 million. During the same period last year, the firm earned $0.38 earnings per share. The business’s revenue for the quarter 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. Research analysts anticipate that Bloomin’ Brands, Inc. will post 1.8 earnings per share for the current year.

Institutional Trading of Bloomin’ Brands

Large investors have recently made changes to their positions in the company. Quarry LP acquired a new stake in Bloomin’ Brands during the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. grew its stake in Bloomin’ Brands by 83,825.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 3,353 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of Bloomin’ Brands in the fourth quarter worth about $31,000. PNC Financial Services Group Inc. increased its holdings in shares of Bloomin’ Brands by 44.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after acquiring an additional 1,662 shares in the last quarter. Finally, GAMMA Investing LLC raised its position 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.

Analysts Set New Price Targets

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

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.