Bloomin’ Brands (NASDAQ:BLMN) Trading 9.7% Higher – Here’s What Happened

Posted by Brenda Bartman on Apr 14th, 2026

Bloomin’ Brands, Inc. (NASDAQ:BLMN – Get Free Report) shot up 9.7% during mid-day trading on Tuesday . The stock traded as high as $6.39 and last traded at $6.3950. 1,189,061 shares changed hands during trading, a decline of 57% from the average session volume of 2,743,976 shares. The stock had previously closed at $5.83.

Analysts Set New Price Targets

Several research firms recently issued reports on BLMN. Loop Capital set a $10.00 price objective on shares of Bloomin’ Brands in a report on Tuesday, December 16th. Citigroup upped their target price on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a research note on Friday, March 27th. Eight equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $8.44.

Check Out Our Latest Stock Analysis on BLMN

Bloomin’ Brands Trading Up 9.2%

The company has a market cap of $542.49 million, a price-to-earnings ratio of 63.66, a PEG ratio of 2.67 and a beta of 1.12. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.31. The business’s 50 day moving average price is $6.04 and its 200-day moving average price is $6.65.

Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 26.26%. The company had revenue of $975.22 million during the quarter, compared to analysts’ expectations of $980.64 million. During the same quarter in the prior year, the company posted $0.38 EPS. The business’s revenue was up .3% on a year-over-year basis. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. On average, research analysts forecast that Bloomin’ Brands, Inc. will post 1.8 EPS for the current year.

Insiders Place Their Bets

In related news, Director Rohit Lal acquired 10,000 shares of the stock in a transaction on Wednesday, March 11th. The stock was purchased at an average price of $5.69 per share, for a total transaction of $56,900.00. Following the transaction, the director owned 30,156 shares of the company’s stock, valued at $171,587.64. The trade was a 49.61% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.18% of the company’s stock.

Hedge Funds Weigh In On Bloomin’ Brands

Several institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP bought a new position in Bloomin’ Brands during the fourth quarter worth about $25,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Bloomin’ Brands by 83,825.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 3,353 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in Bloomin’ Brands in the 4th quarter valued at approximately $31,000. PNC Financial Services Group Inc. raised its holdings 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 buying an additional 1,662 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Bloomin’ Brands by 50.9% in the 4th quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 2,099 shares during the last quarter.

About Bloomin’ Brands

(Get Free Report)

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.