Bloomin’ Brands (NASDAQ:BLMN) Issues FY 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.750-0.900 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q2 2026 guidance to 0.270-0.320 EPS.

Bloomin’ Brands Trading Up 2.3%

Bloomin’ Brands stock opened at $5.76 on Wednesday. The firm has a 50-day moving average of $5.95 and a 200-day moving average of $6.54. Bloomin’ Brands has a one year low of $5.19 and a one year high of $10.70. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.31 and a quick ratio of 0.24. The company has a market cap of $490.92 million, a price-to-earnings ratio of 57.61, a P/E/G ratio of 4.76 and a beta of 1.10.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 26.26%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. On average, equities analysts expect that Bloomin’ Brands will post 0.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BLMN has been the subject of a number of recent research reports. Citigroup increased their price objective on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Weiss Ratings restated a “sell (d)” rating on shares of Bloomin’ Brands in a research note on Friday, March 27th. Finally, JPMorgan Chase & Co. downgraded shares of Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price objective for the company. in a research note on Friday, April 24th. Six analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Bloomin’ Brands has an average rating of “Reduce” and an average target price of $7.86.

Insider Transactions at Bloomin’ Brands

In other news, Director Rohit Lal bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was acquired at an average cost of $5.69 per share, for a total transaction of $56,900.00. Following the purchase, the director owned 30,156 shares of the company’s stock, valued at approximately $171,587.64. This trade represents a 49.61% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On Bloomin’ Brands

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Bloomin’ Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares during the last quarter. Quarry LP acquired a new stake in Bloomin’ Brands in the 4th quarter valued at about $25,000. PNC Financial Services Group Inc. lifted its stake in Bloomin’ Brands by 44.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 1,662 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Bloomin’ Brands in the 4th quarter valued at about $62,000. Finally, Lazard Asset Management LLC lifted its stake in Bloomin’ Brands by 178.1% in the 2nd quarter. Lazard Asset Management LLC now owns 10,378 shares of the restaurant operator’s stock valued at $88,000 after purchasing an additional 6,646 shares during the last quarter.

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.