Bloomin Brands Inc (NASDAQ:BLMN) shares, rose in value on Thursday, March 27, with the stock price up by 1.51% to the previous day’s close as strong demand from buyers drove the stock to $8.05.
Actively observing the price movement in the last trading, the stock closed the session at $7.93, falling within a range of $7.84 and $8.35. The value of beta (5-year monthly) was 2.039. Referring to stock’s 52-week performance, its high was $29.10, and the low was $7.72. On the whole, BLMN has fluctuated by -18.69% over the past month.
With the market capitalization of Bloomin Brands Inc currently standing at about $683.69 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 0.87, with its dividend yield at 10.81%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.91B, with a low estimate of 1.01B and a high estimate of 1.08B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.04B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLMN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BLMN currently trading nearly -4.47% and -23.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.03, while the 7-day volatility ratio is showing 6.12% which for the 30-day chart, stands at 6.81%. Furthermore, Bloomin Brands Inc (BLMN)’s beta value is 1.73, and its average true range (ATR) is 0.58.
A comparison of Bloomin Brands Inc (BLMN) with its peers suggests the former has fared considerably weaker in the market. BLMN showed an intraday change of 1.51% in last session, and over the past year, it shrunk by -70.31%%.
Data on historical trading for Bloomin Brands Inc (NASDAQ:BLMN) indicates that the trading volumes over the past 10 days have averaged 2.67 and over the past 3 months, they’ve averaged 2.37 million. According to company’s latest data on outstanding shares, there are 84.85 million shares outstanding.
Nearly 2.26% of Bloomin Brands Inc’s shares belong to company insiders and institutional investors own 107.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.36 million shares as on 2025-03-14, resulting in a short ratio of 2.16. According to the data, the short interest in Bloomin Brands Inc (BLMN) stood at 1182.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 11.12 million. The stock has fallen by -34.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLMN stock heading into the next quarter.
