BLMN - Bloomin' Brands, Inc.
| Previous Close | 20.34 |
| Open | 20.39 |
| Bid | 20.00 x 900 |
| Ask | 21.50 x 800 |
| Day's Range | 20.04 - 20.68 |
| 52 Week Range | 16.30 - 25.00 |
| Volume | 1,465,964 |
| Avg. Volume | 1,400,712 |
| Market Cap | 1.863B |
| Beta | -0.24 |
| PE Ratio (TTM) | 17.49 |
| EPS (TTM) | 1.15 |
| Earnings Date | Nov 1, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | 0.36 (1.94%) |
| Ex-Dividend Date | 2018-08-08 |
| 1y Target Est | 23.33 |
- Market Realist•12 hours ago
Key Takeaways from Darden Restaurants’ Fiscal Q1 2019 Results
Darden Restaurants (DRI) posted its earnings for the first quarter of fiscal 2019 before the market opened on September 20. The company posted adjusted EPS of $1.34 on revenues of $2.06 billion. Year-over-year, the company’s EPS has increased by 35.4%, while its revenues grew by 6.5%.
- Market Realist•4 days ago
Analysts Favor ‘Buys’ ahead of Darden’s Fiscal Q1 2019 Results
Of the 26 analysts that follow Darden Restaurants (DRI), 53.8% have recommended “buys” on its stock as of September 14, while the remaining 46.2% have recommended “holds.” No analysts have given the stock “sell” recommendations. On average, analysts have set a target price of $119.15 on the stock as of the same day.
- Market Realist•4 days ago
How Does Darden’s Valuation Multiple Compare to Its Peers’?
For our valuation analysis of Darden Restaurants (DRI), we’ve opted to consider its forward PE multiple due to the high visibility of its future earnings. Darden’s strong fiscal fourth-quarter earnings results and the optimistic outlook set by its management have led to an increase in its stock price and its valuation multiple.
- Market Realist•5 days ago
Why Analysts Expect Darden’s EPS to Rise in Fiscal Q1 2019
Analysts expect Darden Restaurants (DRI) to post EPS of $1.24 in the first quarter of fiscal 2019, a rise of 25.3% from its EPS of $0.99 in the corresponding quarter of fiscal 2018. This EPS growth will likely be driven by revenue growth, the expansion of its net margin, and share repurchases. Analysts expect Darden’s net margin to expand from 6.5% in the fiscal first quarter of 2018 to 7.5% in the fiscal first quarter of 2019.
- Market Realist•5 days ago
What Are Analysts Expecting from Darden’s Fiscal Q1 2019 Revenue?
For the fiscal first quarter of 2019, analysts expect Darden Restaurants (DRI) to post revenue of $2.03 billion, a rise of 5.0% from $1.94 billion in the corresponding quarter of the previous year. This revenue growth will likely be driven by the addition of new restaurants and positive SSSG (same-store sales growth). Compared to its fiscal first quarter of 2018, Darden operated nine more Olive Garden restaurants, 13 more LongHorn Steakhouse restaurants, 15 more Cheddar’s Scratch Kitchen restaurants, four more Yard House restaurants, two more Capital Grille restaurants, one more Bahama Breeze restaurant, and one more Eddie V’s restaurant at the end of the fiscal fourth quarter of 2019.
- Market Realist•5 days ago
Analysts Are Optimistic about Darden’s Fiscal Q1 2019 Earnings
On September 14, Darden was trading at $119.05, a rise of 27.6% since its announcement of its earnings results for the fiscal fourth quarter of 2018 on June 21. In its earnings for the fiscal fourth quarter of 2018, Darden posted adjusted EPS of $1.39, outperforming analysts’ consensus expectation of $1.35. After its earnings release, Darden’s management set an optimistic outlook.
- Market Realist•10 days ago
Darden’s Stock Price Rises on Goldman Sachs’s Upgrade
Goldman Sachs’s upgrade appears to have increased investors’ confidence, leading to a rise in Darden Restaurants’ (DRI) stock price. On September 11, Darden hit a new 52-week high of $120.93 before closing the day at $119.28, which represents a rise of 0.6% from its previous day’s closing price.
- Market Realist•10 days ago
Why Goldman Sachs Upgraded Darden Restaurants
On September 11, Goldman Sachs upgraded Darden Restaurants (DRI) from “neutral” to “buy,” and also raised its price target from $106 to $130, which represents a return potential of 8.9% from its current stock price of $119.38. Karen Holthouse of Goldman Sachs is optimistic about the restaurant sector and expects the increase in consumer spending to drive restaurants’ sales higher in the second half of 2018. Despite the risks of the increase in labor and delivery costs, Holthouse is optimistic about Darden due to the expectation of strong sales from its off presence business such as takeout and delivery.
- Benzinga•10 days ago
Goldman Takes A Bite Of Darden, Spits Out Bloomin' Brands, Wingstop
Goldman Sachs has a good feeling about the dining sector. “We are optimistic on restaurants’ top-line trajectory through 2H18, and see no historical precedent for a rapid reversal from new all-time highs ...
- American City Business Journals•12 days ago
Brunch, burritos & beer: These restaurants are in the works in and around Lake Nona
Several new eateries are either building out or working on deals for spaces in Lake Nona and the surrounding area. Here's a closer look at some.
- Motley Fool•13 days ago
These 2 Restaurant Stocks Are Worth a Look
Improving sales trends and low valuations could make this a great time to consider the parent companies of Outback Steakhouse and Chili's.
- Simply Wall St.•23 days ago
Calculating The Intrinsic Value Of Bloomin’ Brands Inc (NASDAQ:BLMN)
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Bloomin’ Brands Inc (NASDAQ:BLMN) as an investment opportunity by estimating theRead More...
- American City Business Journals•26 days ago
Bowl restaurant concept outlines Central Florida growth plans (PHOTOS)
Bolay Restaurant Partners, a West Palm Beach-based bowl restaurant company, is hungry for more locations in Central Florida. Bolay expects it could open 20 to 25 eateries in the Orlando area, as the restaurant chain looks to expand nationally, Chris Gannon, founder and CEO, told Orlando Business Journal. Gannon spoke Aug. 27 at ICSC’s Florida Conference & Deal Making conference at the Orange County Convention Center. “Orlando has a young, fit crowd that resonates with our food." The company has three signed deals so far in Lake Nona, Winter Park and near the University of Central Florida.
- Zacks•29 days ago
Is Bloomin' Brands (BLMN) a Great Stock for Value Investors?
Let's see if Bloomin' Brands, Inc. (BLMN) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- InvestorPlace•2 months ago
Bloomin’ Brands (BLMN) Stock Dips Slightly Despite Q2 Earnings Beat
Bloomin’ Brands (NASDAQ:BLMN) posted positive earnings results for its latest quarter but the company’s revenue was below expectations, sending shares down slightly. The company added that its comparable restaurant sales were up by 4% at its U.S. Outback Steakhouse locations as traffic was up by roughly 0.6% compared to the year-ago quarter. Combined U.S. comparable restaurant sales increased by 2.4% compared to the year-ago quarter, while comparable restaurant sales declined by 6.1% for Outback Steakhouse in Brazil.
- American City Business Journals•2 months ago
Bloomin' Brands is betting big on Outback Steakhouse, with plans for 50 new locations
Bloomin's plan to open dozens of new restaurants comes at a time when prime restaurant properties are difficult to come by and rents are approaching pre-recession peaks.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of BLMN earnings conference call or presentation 30-Jul-18 1:00pm GMT
Q2 2018 Bloomin' Brands Inc Earnings Call
- Zacks•2 months ago
Bloomin' Brands (BLMN) Tops Q2 Earnings Estimates
Bloomin' Brands (BLMN) delivered earnings and revenue surprises of 26.67% and -1.07%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire•2 months ago
Bloomin' Brands Announces 2018 Q2 Diluted EPS of $0.28 and Adjusted Diluted EPS of $0.38; Q2 Comparable Restaurant Sales Growth of 4.0% at Outback and 2.4% Combined U.S.; Reaffirms Full Year 2018 Guidance For Adjusted Diluted EPS; Increases 2018 Guidance For Combined U.S. Comparable Restaurant Sales
TAMPA, Fla. , July 30, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2018 ("Q2 2018") compared to the second quarter 2017 ("Q2 2017"). ...
- ACCESSWIRE•2 months ago
Bloomin' Brands, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 30, 2018 / Bloomin' Brands, Inc. (NASDAQ: BLMN ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 30, 2018 at 9:00 AM Eastern Time. ...
- Benzinga•2 months ago
Raymond James Upgrades Bloomin' Brands Ahead Of Q2 Print
Bloomin' Brands (NASDAQ: BLMN ) picked up a sell-side bull Tuesday ahead of its July 30 second-quarter earnings report. The Analyst Raymond James analyst Brian Vaccaro upgraded Bloomin' Brands from Market ...
- PR Newswire•2 months ago
Bloomin' Brands, Inc. to Host Fiscal 2018 Second Quarter Earnings Conference Call at 9:00 AM EDT on July 30, 2018
TAMPA, Fla. , July 9, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal second quarter ended July 1, 2018 , on Monday, July 30, 2018 , at approximately 7:00 ...
- ACCESSWIRE•2 months ago
Complimentary Technical Snapshots on Royal Caribbean Cruises and Three More Services Stocks
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- GlobeNewswire•3 months ago
Factors of Influence in 2018, Key Indicators and Opportunity within DXC Technology, Washington Prime Group, The Bank of New York Mellon, The Middleby, TD Ameritrade Holding, and Bloomin' Brands — New Research Emphasizes Economic Growth
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of DXC ...
- Simply Wall St.•3 months ago
When Should You Buy Bloomin’ Brands Inc (NASDAQ:BLMN)?
Bloomin’ Brands Inc (NASDAQ:BLMN), a hospitality company based in United States, received a lot of attention from a substantial price movement on the NasdaqGS over the last few months, increasingRead More...
