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 $26.99, down 0.15% from the previous day, and has increased 16.34% in one year. It has underperformed other stocks in the Restaurants industry by 0.21 percentage points. Bloomin' Brands stock is currently +22.51% from its 52-week low of $22.03, and -10.41% from its 52-week high of $30.13.
As of Apr 25, 2024, there are 87.06M BLMN shares outstanding. The market value of BLMN is $2.35B. In the past 24 hours, 984,828 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.
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
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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 9.5x, relative to Restaurants industry P/E ratio of 46.32x
- BLMN may be undervalued based on its P/B ratio of 5.74x, relative to Restaurants industry P/B ratio of -526.34x
You can do more valuation analysis on BLMN's stock here.
BLMN Financials at a glance
Pros:
- BLMN profit margin has gone up from 2.3% to 5.3% in the past year.
- Total BLMN debt is lower than 5 years ago, relative to shareholder equity.
- BLMN's operating cash flow of $532.42M allows it to safely service it's debt of $2.09B.
- BLMN earnings of $318.12M is not sufficient to cover its interest payments.
Cons:
- 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.
- BLMN has a relatively high debt to equity ratio of 7.36.
Is Bloomin' Brands stock a Buy, Hold, or Sell, according to analysts?
Out of 7 Wall Street analysts who monitor BLMN, the consensus analyst rating on Bloomin' Brands is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest BLMN Analyst Ratings
Brian Mullan, a top 4% analyst from Piper Sandler maintains BLMN with a hold rating and lowers their BLMN price target from $30.00 to $26.00, on Nov 6, 2023.
Dennis Geiger, a top 9% analyst from UBS maintains BLMN with a hold rating and lowers their BLMN price target from $28.00 to $26.00, on Nov 2, 2023.
You can dig deeper into what analysts are forecasting on the Bloomin' Brands stock forecast page.
Metrics for Advanced BLMN Traders
BLMN Revenue
Last year, BLMN earnings were $247.39M. During the last five year, BLMN's earnings have gone up by 19.61% per year. This was faster than the Restaurants industry average of 15.72%.
Last year, BLMN revenue was $4.67B. During the last five year, BLMN's revenue has gone up by 2.51% per year. This was slower than the Restaurants industry average of 8.82%.
You can research BLMN's earnings and revenue performance here.
What are BLMN executives and large shareholders up to?
In the last 12 months, executives and large shareholders at BLMN have sold more shares than they have bought.
David Roy Fitzjohn, Director of BLMN, was the latest BLMN insider to sell. They sold $14,439.06 worth of BLMN shares on Apr 23, 2024.
Learn more about who owns BLMN stock here.
Can I get consistent income from BLMN stock?
Bloomin' Brands pays a dividend of 3.56%, compared to the Restaurants industry's average dividend yield of 2.8%. If you owned $1,000 of BLMN stock, you would have been paid $35.57 in the past year.
Bloomin' Brands dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Bloomin' Brands dividend yield and history here.
What do other traders have to say about BLMN?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your BLMN buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in BLMN
Now that you own some shares in BLMN, you'll want to keep up with your stock purchase.
Put BLMN on a watchlist to get notified of important updates regarding your BLMN stock.
BLMN Feed
How to Buy Stock in Bloomin' Brands
To summarize, here are the 6 steps for buying Bloomin' Brands stock:
- 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 require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Bloomin' Brands, get started below.
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