6.15 +0.02 (0.33%)
After hours: 7:43PM EDT
|Bid||6.04 x 2900|
|Ask||6.99 x 4000|
|Day's Range||6.04 - 6.82|
|52 Week Range||4.54 - 24.29|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||4.23|
|Earnings Date||Apr 23, 2020 - Apr 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 26, 2020|
|1y Target Est||20.86|
Yahoo Finance's Zack Guzman and Kristin Myers discuss why the coronavirus is impacting low income workers the most with business consultant, Jason Tartick, on YFi PM.
Investors need to pay close attention to Bloomin' Brands (BLMN) stock based on the movements in the options market lately.
Moody's Investors Service ("Moody's") today downgraded Bloomin' Brands, Inc.'s ("Bloomin' Brands") Corporate Family Rating (CFR) to Ba3 from Ba2, Probability of Default Rating (PDR) to B1-PD from Ba3-PD, $1.0 billion senior secured revolver to Ba2 from Ba1 and $500 million senior secured term loan to Ba2 from Ba1. In addition, Bloomin' Brands Speculative Grade Liquidity Rating was downgraded to SGL-3 from SGL-2.
Bloomin' Brands Inc. said Friday that it was suspending its dividend, in light of the "unprecendented global market and economic conditions" resulting from the COVID-19 pandemic. Based on Thursday's stock closing price of $5.90, the annual dividend rate of 80 cents implied a dividend yield of 13.56%, compared with the implied yield for the S&P 500 of 2.53%. The parent of Outback Steakhouse and Bonefish Grill restaurant chains said it was also withdrawing its full-year financial guidance. The company said it has drawn down "substantially all" of its credit facility, given it a cash position of over $400 million. "The increased borrowings were taken as a precautionary measure to provide additional financial flexibility," the company said in a statement. Bloomin' Brands also said it was expanding its carry-out and delivery business, and is providing limited in-restaurant dining in certain areas where available. The stock, which surged 14% in premarket trading, has plummeted 74.3% over the past months through Thursday, while the S&P 500 has lost 28.6%.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) today provided the following update in response to the COVID-19 outbreak:
Bloomin' Brands, Inc. (NASDAQ:BLMN) shareholders (or potential shareholders) will be happy to see that insider John...
Unfortunately for some shareholders, the Bloomin' Brands (NASDAQ:BLMN) share price has dived 34% in the last thirty...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Bloomin' Brands (BLMN) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Fear over the Coronavirus is causing a massive drop in the stock market and Tampa companies are feeling the effects.
Bloomin' Brands, Inc. (NASDAQ:BLMN) stock is about to trade ex-dividend in 4 days time. This means that investors who...
Bloomin' Brands (BLMN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Investors in Bloomin' Brands, Inc. (NASDAQ:BLMN) had a good week, as its shares rose 8.6% to close at US$23.05...
Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2019 ("Q4 2019") and fiscal year ended December 29, 2019 ("Fiscal Year 2019") compared to the fourth quarter 2018 ("Q4 2018") and fiscal year ended December 30, 2018 ("Fiscal Year 2018").
NEW YORK, NY / ACCESSWIRE / February 18, 2020 / Bloomin' Brands, Inc. (NASDAQ:BLMN) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 18, 2020 ...
Bloomin' Brands (BLMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Subsequent changes in holdings or intentions must be reported in amended filings. Jana Partners reported that it holds 6,404,324 common shares of the casual-dining chain, a 7.4% interest in the stock. Jana revealed that it plans to nominate two directors for election at the upcoming 2020 annual shareholder meeting.
Bloomin' Brands Inc. disclosed Monday that activist investment manager Jana Partners LLC plans to nominate two people to the restaurant chain's board of directors, and possibly three. Jana also disclosed that it owns 6.4 million Bloomin' shares, or 7.4% of the shares outstanding, enough to make Jana the third largest shareholder. Jana said the two nominees will be Scott Ostfeld and John Paul Gainor, Jr.; Jana disclosed that Gainor owns 12,000 Bloomin' shares, or less than 0.1% of the shares outstanding. Bloomin's restaurant chains include Outback Steakhouse, Carrabba's Italian Grill and Bonefish Grill. Bloomin's stock, which was still inactive in premarket trading, has gained 3.3% over the past three months, while the S&P 500 has advanced 5.2%.