How to Buy Bloomin' Brands Stock
Bloomin' Brands Inc
Bloomin' Brands, Inc. , through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.
Bloomin' Brands stock last closed at $25.29, down 2.43% from the previous day, and has increased 20.2% in one year. It has overperformed other stocks in the Restaurants industry by 0.17 percentage points. Bloomin' Brands stock is currently +59.16% from its 52-week low of $15.89, and -11.14% from its 52-week high of $28.46.
As of Mar 23, 2023, there are 87.1M BLMN shares outstanding. The market value of BLMN is $2.20B. In the past 24 hours, 1.55M BLMN shares were traded.
How to Buy Bloomin' Brands Stock
Wondering how to invest in Bloomin' Brands stock? Here's how.
- Choose where to buy Bloomin' Brands stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Bloomin' Brands stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your details.
- Analyze Bloomin' Brands stock: The Bloomin' Brands ticker symbol is BLMN. Is Bloomin' Brands stock a good investment? Should you buy shares of BLMN? How do BLMN's underlying business fundamentals look? Do top analysts think Bloomin' Brands is a good buy? Why has BLMN's stock price moved recently? (Hint: Our stock research website can help you decide if BLMN is a good stock to buy).
- Place your BLMN buy order: Decide if you will purchase BLMN shares at the current market price or use a limit order to buy BLMN stock at a specific price.
- Get key alerts regarding your investment in BLMN: Create a watchlist to important updates regarding your investment in Bloomin' Brands shares.
Step 1: Choose where to buy Bloomin' Brands stock
You will need an online brokerage account to access the NASDAQ market and buy BLMN shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy BLMN today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Enter your personal data to open a new trading account.
- Send your info by clicking the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have finished signing up on the best beginner stock app, you need to deposit funds:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Analyze Bloomin' Brands stock
Once you have selected the best place to buy Bloomin' Brands stock, it's very important to analyze their stock prior to buying, so you actually understand the risk and opportunity.
Overview of key BLMN info
BLMN Zen Score
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on BLMN's stock page.
Is BLMN stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BLMN's true value.
Using relative valuations measures:
- BLMN could be undervalued based on its P/E ratio of 21.99x, relative to Restaurants industry P/E ratio of 31.45x
- BLMN may be undervalued based on its P/B ratio of 8.12x, relative to Restaurants industry P/B ratio of -247.88x
- BLMN may be undervalued based on its PEG ratio of 0.2x
You can do additional valuation analysis on BLMN's stock here.
A quick look at BLMN Financials
Pros:
- Total BLMN debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- BLMN profit margin has gone down from 5.2% to 2.3% in the past year.
- BLMN has a relatively high debt to equity ratio of 11.23.
- BLMN's operating cash flow of $390.92M allows it to safely service it's debt of $1.98B.
- BLMN earnings of $197.79M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the BLMN balance sheet.
- There are more short-term liabilities than short-term assets on the BLMN balance sheet.
Is it a good time to buy Bloomin' Brands stock, according to Wall Street analysts?
Out of 9 Wall Street analysts who give ratings on BLMN, the consensus analyst rating on Bloomin' Brands is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest BLMN Analyst Ratings
John Glass, a top 24% analyst from Morgan Stanley maintains BLMN with a hold rating and raises their BLMN price target from $25.00 to $27.00, on Feb 21, 2023.
Jon Tower, a top 12% analyst from Citigroup maintains BLMN with a hold rating and raises their BLMN price target from $25.00 to $29.00, on Feb 17, 2023.
Jeffrey A. Bernstein, a top 8% analyst from Barclays maintains BLMN with a strong buy rating and raises their BLMN price target from $24.00 to $31.00, on Feb 17, 2023.
Lauren Silberman, a top 4% analyst from Credit Suisse maintains BLMN with a buy rating and raises their BLMN price target from $27.00 to $31.00, on Feb 17, 2023.
Brian Vaccaro, a top 1% analyst from Raymond James maintains BLMN with a strong buy rating and raises their BLMN price target from $30.00 to $33.00, on Feb 17, 2023.
You can dive deeper into what analysts are forecasting on the Bloomin' Brands stock forecast page.
Metrics for Advanced BLMN Traders
BLMN Growth Metrics
Last year, BLMN earnings were $101.91M. During the last five year, BLMN's earnings have increased by 1.84% per year. This was slower than the Restaurants industry average of 5.79%.
Last year, BLMN revenue was $4.42B. Over the last 5 year, BLMN's revenue has increased by 0.9% per year. This was slower than the Restaurants industry average of 8.02%.
Learn more about BLMN's earnings and revenue performance here.
Are BLMN executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at BLMN have sold more shares than they have bought.
Gregg Scarlett, EVP COO of Casual Dining of BLMN, was the latest BLMN insider to sell. They sold $177,945.67 worth of BLMN stock on Mar 2, 2023.
Dig into more about who owns BLMN shares here.
Can I rely on BLMN as an income stream?
Bloomin' Brands pays a dividend of 2.61%, compared to the Restaurants industry's average dividend yield of 2.43%. If you owned $1,000 worth of BLMN stock, you would have received $26.10 in the past year.
Bloomin' Brands dividend payments have consistently grown over the past 8 years but have not remained stable.
Get more analysis about Bloomin' Brands dividend yield and history here.
What others are saying about BLMN
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your BLMN buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in BLMN
Now that you own some BLMN stock, you'll want to keep up with your new shares.
Put BLMN on a watchlist to get the latest updates about your BLMN stock.
BLMN Feed
How to Buy Stock in Bloomin' Brands
To reiterate, here are the 6 steps to buy stock in Bloomin' Brands:
- Choose where to buy Bloomin' Brands stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Bloomin' Brands stock
- Place your BLMN buy order
- Get key alerts regarding your investment in BLMN
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your investment in Bloomin' Brands, click below.
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