BLMN · NASDAQ · Restaurants

Bloomin' Brands (BLMN)

Runs an Outback-led restaurant portfolio spanning steak, Italian, seafood, and fine dining.

$8.63
vs last close+0.20 (+2.31%)
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Bloomin' Brands, Inc.BLMN
Consumer Discretionary

Operates Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s across casual to fine dining, earning mainly from company-owned U.S. restaurant sales. Franchise fees and royalties extend Outback and Carrabba’s Abbraccio internationally, while Brazil remains a minority equity investment and franchise market.

Runs Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar across casual, polished-casual, and fine dining. Menus span steak, Italian dishes, seafood, and contemporary American steakhouse fare, with full-service dining supplemented by takeout and digital ordering.

Earns most revenue from company-operated U.S. restaurants, while domestic and international franchisees pay initial fees and sales-based royalties. Supports execution through restaurant-level managing partners, standardized franchise requirements, custom distribution programs, digital ordering, and Dine Rewards. International franchises use the Outback and Carrabba’s Abbraccio concepts; Brazil is now a minority equity investment and franchise market. Operations depend on restaurant traffic, labor availability, food safety, beef supply, and local health and alcohol licensing.

Company facts

CEOMichael L. Spanos
ListedAug 8, 2012
ExchangeNASDAQ
HeadquartersTampa, FL
CountryUnited States
Employees64,000
CIK0001546417
ISINUS0942351083

Market cap$721.7M
EPS (ttm)$0.3100
P/E (ttm)27.19
ROE7.7%
P/B1.67
P/S0.1814
Dividend yieldDiv yield3.56%
Beta1.40vs XLY 1.37

Price target$11.00+30.5%Average of 29 analysts
ConsensusHold14 of 29 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026Piper SandlerReiterate
Rating: Target: $16
Rating: NeutralTarget: $12
Aug 6, 2026Morgan StanleyReiterate
Rating: Target: $10
Rating: Equal WeightTarget: $12
Aug 6, 2026BMO CapitalReiterate
Rating: Target: $16
Rating: Market PerformTarget: $12
Aug 6, 2026Deutsche BankReiterate
Rating: Target: $28
Rating: HoldTarget: $11
May 7, 2026Goldman SachsReiterate
Rating: Target: $7
Rating: NeutralTarget: $8.50

Next report
Nov 5, 26
in 44 days
EPS estimate
−$0.20
Revenue estimate
$925.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.38$0.59$0.33−$0.03$0.26$0.67$0.39Pending
Estimate$0.38$0.57$0.28−$0.12$0.25$0.57$0.29−$0.20
Surprise0.0%+3.5%+17.9%+75.0%+4.0%+17.5%+35.2%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$972.0M$1.05B$1.00B$928.8M$975.2M$1.06B$1.02BPending
Estimate$1.09B$980.5M$904.6M$980.6M$980.5M$1.04B$1.00B$925.0M
Surprise−10.5%+7.0%+10.8%−5.3%−0.5%+1.7%+1.4%
Estimate−$0.20
ReportedDue Nov 5, 2026
Estimate$925.0M
ReportedDue Nov 5, 2026
View details

Debt to equity442.90%
Current ratio25.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.04B$597.5M$1.05B$1.00B$928.8M$975.2M$1.06B$1.02B
Net income$6.9M−$79.5M$42.2M$25.4M−$45.9M−$13.5M$55.7M$31.3M
Net margin0.7%0.0%4.0%2.5%0.0%0.0%5.3%3.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$17.2M−$626.0K$57.2M$29.7M−$36.4M−$13.3M$62.5M$38.3M
YoY growth−70.4%Turned loss−19.3%−35.7%Turned lossLoss widened+9.2%+29.0%

Balance sheet, Jun 28, 2026Cash & short-term investments $66.6M · Total debt $1.91B · Total assets $3.12B · Shareholders' equity $431.8M

Revenue
$1.02B
Operating income
$38.3M
Net income
$31.3M
View details

Dividend yield
3.56%
Next ex-date
Annual dividend
$0.30
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Nov '23Mar '24May '24Aug '24Nov '24Mar '25May '25Aug '25
Dividend$0.24$0.24$0.24$0.24$0.24$0.15$0.15$0.15
Annual yield4.24%3.33%4.09%5.48%6.78%10.00%9.74%9.34%
Ex-dateNov 13Mar 5May 17Aug 20Nov 25Mar 11May 20Aug 19
Payment dateNov 29Mar 20May 31Sep 4Dec 11Mar 26Jun 4Sep 3
View details

Institutions104.50%89.47M shares
250 holders · as of Jun 30, 2026
Insiders1.55%1.33M shares
20 holders · as of Sep 11, 2026
Adds to106.05%

85.62M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 106.05%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.99%6.84Mas of Jun 30, 2026
Starboard Value LPInstitution
4.88%4.18Mas of Jun 30, 2026
Arrowstreet Capital, Limited PartnershipInstitution
4.50%3.85Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
4.08%3.50Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.98%3.41Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 11, 2026Rohit Laldirector+10,000$5.69
Mar 5, 2026Julie T. Kunkeldirector+1,000$6.46
Nov 11, 2025Patrick M. Hafnerofficer: EVP, Pres Outback Steakhouse−4,256$6.41
Nov 11, 2025Julie T. Kunkeldirector+1,500$6.37
Nov 10, 2025Eric C. Christelofficer: EVP, Chief Financial Officer+150,000$6.38
View details

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