Citi Sticks to Its Hold Rating for Bloomin’ Brands (BLMN)

Citi analyst Jon Tower maintained a Hold rating on Bloomin’ Brands on May 15. The company’s shares closed last Friday at $8.04.

Claim 55% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Tower is a 5-star analyst with an average return of 11.3% and a 56.68% success rate. Tower covers the Consumer Cyclical sector, focusing on stocks such as Jack In The Box, Starbucks, and Wendy’s.

In addition to Citi, Bloomin’ Brands also received a Hold from Barclays’s Jeff Bernstein in a report issued on May 7. However, on the same day, Bank of America Securities assigned a Sell rating to Bloomin’ Brands (NASDAQ: BLMN).

Based on Bloomin’ Brands’ latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $1.06 billion and a net profit of $55.65 million. In comparison, last year the company earned a revenue of $1.05 billion and had a net profit of $42.15 million

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLMN in relation to earlier this year. Most recently, in March 2026, Rohit Lal, a Director at BLMN bought 10,000.00 shares for a total of $56,900.00.