Bloomin’ Brands (NASDAQ:BLMN) Updates FY 2025 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.200-1.400 for the period, compared to the consensus earnings per share estimate of 1.770. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q1 2025 guidance to 0.550-0.600 EPS.

Bloomin’ Brands Trading Down 3.7 %

Shares of Bloomin’ Brands stock traded down $0.38 during trading on Friday, hitting $9.65. The stock had a trading volume of 316,685 shares, compared to its average volume of 1,955,350. The stock has a 50 day simple moving average of $11.90 and a 200 day simple moving average of $14.28. The company has a market capitalization of $818.31 million, a PE ratio of -87.45 and a beta of 1.97. The company has a quick ratio of 0.22, a current ratio of 0.31 and a debt-to-equity ratio of 4.46. Bloomin’ Brands has a 1 year low of $9.50 and a 1 year high of $30.13.

Bloomin’ Brands Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Tuesday, March 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.22%. The ex-dividend date is Tuesday, March 11th. Bloomin’ Brands’s dividend payout ratio (DPR) is currently -40.27%.

Analyst Ratings Changes

Several research analysts have recently weighed in on BLMN shares. Piper Sandler dropped their target price on shares of Bloomin’ Brands from $20.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, November 11th. StockNews.com upgraded shares of Bloomin’ Brands from a “sell” rating to a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. decreased their price target on shares of Bloomin’ Brands from $19.00 to $14.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. BMO Capital Markets decreased their price target on shares of Bloomin’ Brands from $16.00 to $12.00 and set a “market perform” rating for the company in a report on Thursday. Finally, Bank of America cut shares of Bloomin’ Brands from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $18.00 to $13.00 in a report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $15.00.

About Bloomin’ Brands

Bloomin’ Brands, Inc engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.