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Bloomin' Brands, Inc.

BLMN · NASDAQ

Market closed$8.54$-0.030000 (-0.35%)After hours $8.32 · -2.58%

Key statistics

Previous close$8.57
Open$8.53
Day high$8.75
Day low$8.43
52-week high$10.70
52-week low$5.19
Market cap731.15M
Volume1.34M
Average volume2.43M
P/E ratio6.94
Forward P/E2.83
EPS1.23
Dividend yield+1.76%

Market context

Why it moved

BLMN (Bloomin' Brands) edged slightly lower amid broader market uncertainty and a lack of meaningful company-specific catalysts, resulting in modest profit-taking and low conviction trading on thin volume.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Bloomin' Brands closed little changed on the regular session but slipped further in after-hours trade, significantly underperforming the broader consumer discretionary sector (XLY essentially flat in extended hours). Investor attention is focused on the company's upcoming Q2 2026 earnings report, scheduled for August 5, with an analyst price target raise to $8.67 offering only marginal upside from current levels. A recent bearish note citing three reasons to sell BLMN adds to cautious sentiment, while the broader casual dining backdrop remains challenged by value-conscious consumers — a trend underscored by peers like Red Robin accelerating restaurant closures and industry-wide value promotion revivals.

-0.3501

July 16, 2026Bloomin' Brands closed higher as investors look ahead to its Q2 2026 earnings release scheduled for August 5, with the company having previously beaten Q1 estimates and raised full-year guidance to $0.75–$0.90 EPS. Analyst sentiment remains cautious — the consensus rating is 'Reduce' with an average price target of $8.78 — though several firms lifted targets following Q1 results, including Citigroup to $9.50 and Goldman Sachs to $8.50. The broader restaurant sector is navigating a value-focused consumer environment, with chains like Olive Garden reviving promotions to drive traffic amid persistent spending selectivity.

1.7815

July 16, 2026Bloomin' Brands closed modestly higher as investors look ahead to its Q2 2026 earnings release scheduled for August 5, with the company confirming the date today. Sentiment remains cautious — the stock carries a consensus 'Reduce' rating with an average analyst target of $8.78 — as some research flagged concerns over flat sales projections, a 6x net-debt-to-EBITDA ratio, and lagging same-store sales, even as the company's Q1 beat and raised FY2026 EPS guidance of $0.75–$0.90 offer some support. The broader restaurant industry faces headwinds from elevated costs and cautious consumer spending, though casual dining peers like Brinker International have outperformed significantly year-to-date.

1.3237

July 15, 2026Bloomin' Brands closed down roughly 1.5% on the session but edged higher in after-hours trading, as investors weigh a cautious analyst backdrop against a mixed macro environment. A fresh analysis flagged the Outback Steakhouse parent as a stock to avoid, citing lagging same-store sales, flat revenue projections, and a concerning 6x net-debt-to-EBITDA ratio. The stock's consensus rating remains "Reduce" with an average price target of $8.78, though some analysts lifted targets following a Q1 earnings beat where BLMN posted $0.67 EPS on $1.06B in revenue and raised FY2026 guidance. Broader restaurant industry headwinds — elevated menu prices, cautious consumer spending, and rising input costs — continue to pressure the sector, which ranks in the bottom 27% of Zacks industries.

-1.5403

July 14, 2026Bloomin' Brands closed modestly higher as notable investors continued to take notice of the casual dining operator's improving fundamentals. Bill Miller Value recently disclosed a new stake in the company, adding credibility to the bullish case after BLMN's Q1 beat — $0.67 EPS vs. $0.57 expected — and raised FY2026 guidance of $0.75–$0.90 EPS. Analyst price targets have been revised upward, with Citigroup lifting its target to $9.50 and Goldman Sachs to $8.50, though the consensus remains 'Reduce' with a $8.78 average target, leaving the stock near fair value even as the broader market faced pressure from rising oil prices tied to renewed U.S.-Iran tensions.

1.199

July 10, 2026Bloomin' Brands closed up nearly 4%, outperforming the broader consumer cyclical sector (XLY), despite a challenging macro backdrop marked by renewed US-Iran military exchanges that rattled risk assets and sent oil prices surging above $78/barrel. The casual dining operator's gain stands in contrast to Wednesday's broad market selloff, when consumer discretionary names like McDonald's and DoorDash fell on inflation and spending concerns. The restaurant sector remains bifurcated, with Chili's parent Brinker International drawing praise for a standout turnaround—50% same-store sales growth over three years—while peers like Kura Sushi dropped sharply after missing revenue estimates, underscoring the uneven landscape Bloomin' must navigate ahead of its own earnings.

3.7323

July 8, 2026Bloomin' Brands closed lower as a broad risk-off session weighed on consumer discretionary stocks, with the XLY sector ETF also retreating amid surging oil prices after President Trump declared the U.S.-Iran peace agreement 'over,' renewing geopolitical tensions and inflation concerns. The macro headwinds — rising crude, climbing Treasury yields, and uncertainty around Fed minutes — hit demand-sensitive restaurant stocks particularly hard, as higher input costs and potential consumer spending pressure compound already cautious investor sentiment around casual dining names like Bloomin'.

-2.6316

July 7, 2026Bloomin' Brands closed modestly lower as the broader restaurant sector faces headwinds from a soft June jobs report that showed leisure and hospitality losing 61,000 jobs — a notable signal of consumer pullback at casual dining chains. The macro backdrop weighed on consumer cyclical names, with the S&P 500 also retreating on the day, while peer data from Darden highlighted mixed trends in full-service dining with Olive Garden underperforming even as LongHorn Steakhouse posted strong 9.5% same-store sales growth.

-0.7463

The Business Journals · May 13, 2026Activist investor steps back from Outback Steakhouse parent amid turnaround progressTampa Bay Business & Wealth · February 25, 2026Bloomin’ posts Q4 loss as Outback traffic improvesNation’s Restaurant News · February 25, 2026Bloomin’ Brands CEO Mike Spanos shares progress in Outback Steakhouse turnaroundWSJ · November 6, 2025Bloomin’ Brands Going Back to Basics at Outback Steakhouse
Benzinga · May 7, 2026UBS Maintains Neutral on Bloomin Brands, Raises Price Target to $9
Benzinga · May 7, 2026Citigroup Maintains Neutral on Bloomin Brands, Raises Price Target to $9.5
Benzinga · May 7, 2026Goldman Sachs Maintains Neutral on Bloomin Brands, Raises Price Target to $8.5
Benzinga · May 7, 2026Barclays Maintains Equal-Weight on Bloomin Brands, Raises Price Target to $9
Mt Newswire · May 7, 2026UBS Adjusts Price Target on Bloomin' Brands to $9 From $6, Maintains Neutral Rating
Mt Newswire · May 7, 2026Deutsche Bank Adjusts Bloomin' Brands PT to $8 From $7, Maintains Hold Rating
Mt Newswire · May 6, 2026Bloomin' Brands Shares Rise After Q1 Adjusted Earnings, Revenue Climb
Benzinga · May 6, 2026What's Going On With Bloomin' Brands Stock On Wednesday?

Peers

S&P 500SPX · $7,457.69-1.01%Darden Restaurants, Inc.DRI · $198.42-1.39%Brinker International, Inc.EAT · $189.35+2.09%Texas Roadhouse, Inc.TXRH · $197.03-0.26%The Cheesecake Factory IncorporatedCAKE · $85.77+2.95%Cracker Barrel Old Country StoreCBRL · $53.61+5.01%Dine Brands Global, Inc.DIN · $35.91-1.24%BJ's Restaurants, Inc.BJRI · $67.49+8.04%First Watch Restaurant Group, Inc.FWRG · $12.45+2.22%Portillo's Inc.PTLO · $4.67-0.85%Jack in the Box Inc.JACK · $14.98-7.76%Wingstop Inc.WING · $142.33+0.99%