Bloomin' BrandsBLMN
About: Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising. The Company aggregates its operating segments into two reportable segments, U.S. and international. The U.S. segment includes all restaurants operating in the U.S. while restaurants operating outside the U.S. are included in the international segment.
Employees: 81,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 79
1.44% less ownership
Funds ownership: 106.45% [Q3] → 105.01% (-1.44%) [Q4]
7% less funds holding
Funds holding: 245 [Q3] → 229 (-16) [Q4]
23% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 53
27% less capital invested
Capital invested by funds: $1.5B [Q3] → $1.09B (-$407M) [Q4]
90% less call options, than puts
Call options by funds: $5.38M | Put options by funds: $53M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan John Ivankoe 69% 1-year accuracy 20 / 29 met price target | 13%upside $9 | Neutral Maintained | 20 Mar 2025 |
Goldman Sachs Christine Cho 34% 1-year accuracy 19 / 56 met price target | 26%upside $10 | Sell Maintained | 27 Feb 2025 |
BMO Capital Andrew Strelzik 58% 1-year accuracy 15 / 26 met price target | 51%upside $12 | Market Perform Maintained | 27 Feb 2025 |
Barclays Jeffrey Bernstein 45% 1-year accuracy 47 / 104 met price target | 38%upside $11 | Equal-Weight Maintained | 27 Feb 2025 |
B of A Securities Justin Post 20% 1-year accuracy 4 / 20 met price target | 64%upside $13 | Underperform Downgraded | 27 Jan 2025 |
Financial journalist opinion
Based on 4 articles about BLMN published over the past 30 days
