Bloomin’ Brands (NASDAQ:BLMN) Updates FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemBloomin’ Brands (NASDAQ:BLMN – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.750-0.900 for the period, compared to the consensus earnings per share 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 Stock Up 0.2%
Shares of NASDAQ:BLMN traded up $0.02 during trading on Thursday, hitting $8.14. The stock had a trading volume of 2,169,947 shares, compared to its average volume of 2,731,929. Bloomin’ Brands has a 12 month low of $5.19 and a 12 month high of $10.70. The company has a market capitalization of $693.33 million, a PE ratio of 81.36, a PEG ratio of 4.87 and a beta of 1.10. The firm’s fifty day moving average is $5.99 and its 200 day moving average is $6.55. The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 2.34.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last announced its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.10. Bloomin’ Brands had a return on equity of 26.26% and a net margin of 0.21%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the company earned $0.59 EPS. The business’s revenue was up 1.0% compared to the same quarter last year. 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. Analysts anticipate that Bloomin’ Brands will post 0.82 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have commented on BLMN shares. Citigroup boosted their target price on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target for the company. in a report on Friday, April 24th. Sanford C. Bernstein set a $9.00 price target on Bloomin’ Brands in a report on Thursday. UBS Group restated a “neutral” rating and set a $9.00 price target on shares of Bloomin’ Brands in a report on Thursday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Bloomin’ Brands in a report on Friday, March 27th. Seven research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $8.28.
View Our Latest Analysis on Bloomin’ Brands
Insider Buying and Selling
In other Bloomin’ Brands news, Director Rohit Lal acquired 10,000 shares of Bloomin’ Brands stock in a transaction that occurred on Wednesday, March 11th. The stock was bought at an average cost of $5.69 per share, for a total transaction of $56,900.00. Following the acquisition, the director owned 30,156 shares of the company’s stock, valued at $171,587.64. This represents a 49.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.18% of the company’s stock.
Key Bloomin’ Brands News
Here are the key news stories impacting Bloomin’ Brands this week:
- Positive Sentiment: Q1 beat — Bloomin’ reported Q1 EPS of $0.67 vs. consensus $0.57 and revenue of $1.06B (vs. ~$1.04B est.), with revenue +1% year-over-year, signaling operational stabilization and margin improvement. Read More.
- Positive Sentiment: Raised near-term outlook — management updated Q2 2026 EPS guidance to $0.27–$0.32 (above the prior consensus ~$0.22) and set FY2026 EPS guidance of $0.75–$0.90, giving near-term upside visibility that likely underpins the rally. Read More.
- Positive Sentiment: Brand-level recovery driving results — Outback Steakhouse sales/margins improved and higher guest spend helped overall company performance, supporting management’s turnaround narrative. Read More.
- Neutral Sentiment: Earnings call transparency — the Q1 2026 earnings call transcript provides color on initiatives, cost management and brand execution; useful for evaluating sustainability of trends. Read More.
- Neutral Sentiment: Analyst notes and metric review — coverage from Zacks and others confirms the beat and highlights key metrics to watch (same-store sales, margins, labor/commodity trends). Read More.
- Negative Sentiment: Market caution on longer-term performance — commentary notes a sharp near-term pop but that BLMN’s longer-term stock performance still lags peers and benchmarks, raising questions about durability of the rally. Read More.
- Negative Sentiment: Financial/valuation red flags — the company carries high leverage and thin liquidity (elevated debt-to-equity, low current/quick ratios), a slim net margin and a high trailing P/E, which increase sensitivity to any slowdown in sales or cost pressures (investors should weigh operational gains against balance-sheet and valuation risks).
Institutional Investors Weigh In On Bloomin’ Brands
Several large investors have recently bought and sold shares of BLMN. Royal Bank of Canada increased its holdings in Bloomin’ Brands by 50.4% in the 1st quarter. Royal Bank of Canada now owns 333,693 shares of the restaurant operator’s stock worth $2,393,000 after buying an additional 111,801 shares in the last quarter. AQR Capital Management LLC increased its holdings in Bloomin’ Brands by 156.1% in the 1st quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator’s stock worth $4,240,000 after buying an additional 360,450 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Bloomin’ Brands by 6.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator’s stock valued at $333,000 after purchasing an additional 2,622 shares during the period. Millennium Management LLC grew its stake in shares of Bloomin’ Brands by 123.1% during the 1st quarter. Millennium Management LLC now owns 2,299,778 shares of the restaurant operator’s stock valued at $16,489,000 after purchasing an additional 1,268,988 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Bloomin’ Brands by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,048,497 shares of the restaurant operator’s stock valued at $7,518,000 after purchasing an additional 43,329 shares during the period.
About Bloomin’ Brands
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.