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NYSE:FLO

Flowers Foods (FLO) Stock Forecast, Price & News

$25.13
-0.07 (-0.28%)
(As of 04:33 PM ET)
Compare
Today's Range
$25.07
$25.35
50-Day Range
$24.88
$28.90
52-Week Range
$24.15
$30.16
Volume
1.26 million shs
Average Volume
2.05 million shs
Market Capitalization
$5.32 billion
P/E Ratio
25.13
Dividend Yield
3.66%
Price Target
$24.00

Flowers Foods MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.6% Downside
$24.00 Price Target
Short Interest
Healthy
2.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
-0.10mentions of Flowers Foods in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.26%
From $1.21 to $1.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Consumer Staples Sector

59th out of 137 stocks

Food & Kindred Products Industry

5th out of 17 stocks


FLO stock logo

About Flowers Foods (NYSE:FLO) Stock

Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates bakeries. Its customers include national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries; wholesale distributors; mass merchandisers, supermarkets and other retailers, vending outlets, and convenience stores; quick-serve chains, food wholesalers, dollar stores, and vending companies; and public health care, military commissaries, and prisons, and other governmental institutions. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

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FLO Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Flowers Foods: Dividend Insights
Flowers Foods (NYSE:FLO) Issues FY 2023 Earnings Guidance
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Flowers Foods Recalls Tastykake Chocolate Kandy Kakes
Q1 2023 Flowers Foods Inc Earnings Call
Why Flowers Foods Stock Was Falling Today
Flowers Foods Drops 8% On Decreased Outlook, Below Consensus View
See More Headlines

FLO Price History

FLO Company Calendar

Ex-Dividend for 3/17 Dividend
3/02/2023
Dividend Payable
3/17/2023
Last Earnings
5/19/2023
Ex-Dividend for 6/22 Dividend
6/07/2023
Today
6/09/2023
Dividend Payable
6/22/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
34349810
Employees
9,200
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$24.00
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
-4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$228.39 million
Pretax Margin
5.68%

Debt

Sales & Book Value

Annual Sales
$4.81 billion
Cash Flow
$1.94 per share
Book Value
$6.84 per share

Miscellaneous

Free Float
187,505,000
Market Cap
$5.32 billion
Optionable
Optionable
Beta
0.41

Social Links


Key Executives

  • Mr. A. Ryals McMullian Jr.Mr. A. Ryals McMullian Jr. (Age 53)
    Pres, CEO & Chairman of Board
    Comp: $1.84M
  • Mr. R. Steve Kinsey (Age 62)
    CFO & Chief Accounting Officer
    Comp: $1.08M
  • Ms. Stephanie B. Tillman (Age 52)
    Chief Legal Counsel & Corp. Sec.
    Comp: $658.77k
  • Mr. David Keith Wheeler (Age 60)
    Chief Sales Officer
    Comp: $819.02k
  • Mr. Heeth Varnedoe IV (Age 56)
    Chief Operating Officer
  • Mr. Mark Chaffin (Age 52)
    Chief Information Officer
  • Mr. J. T. Rieck
    Exec. VP of Fin. & Investor Relations
  • Brenda Smith
    Compliance Mang.
  • Ms. Mary A. Krier
    Sr. VP of Communications & Corp. Responsibility
  • Mr. Mark Gerrish
    VP of Corp. Devel.













FLO Stock - Frequently Asked Questions

Should I buy or sell Flowers Foods stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLO, but not buy additional shares or sell existing shares.
View FLO analyst ratings
or view top-rated stocks.

What is Flowers Foods' stock price forecast for 2023?

1 equities research analysts have issued 12-month price objectives for Flowers Foods' stock. Their FLO share price forecasts range from $24.00 to $24.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
View analysts price targets for FLO
or view top-rated stocks among Wall Street analysts.

How have FLO shares performed in 2023?

Flowers Foods' stock was trading at $28.74 at the beginning of the year. Since then, FLO stock has decreased by 12.6% and is now trading at $25.13.
View the best growth stocks for 2023 here
.

Are investors shorting Flowers Foods?

Flowers Foods saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,210,000 shares, a decrease of 32.5% from the April 30th total of 7,720,000 shares. Based on an average trading volume of 1,820,000 shares, the short-interest ratio is presently 2.9 days. Approximately 2.7% of the shares of the company are sold short.
View Flowers Foods' Short Interest
.

When is Flowers Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our FLO earnings forecast
.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) issued its earnings results on Friday, May, 19th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.02. The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.55 billion. Flowers Foods had a net margin of 4.35% and a trailing twelve-month return on equity of 17.95%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.44 earnings per share.

How often does Flowers Foods pay dividends? What is the dividend yield for Flowers Foods?

Flowers Foods announced a quarterly dividend on Thursday, May 25th. Investors of record on Thursday, June 8th will be given a dividend of $0.23 per share on Thursday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Wednesday, June 7th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for FLO
.

Is Flowers Foods a good dividend stock?

Flowers Foods (NYSE:FLO) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.63%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 92.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FLO will have a dividend payout ratio of 70.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLO.

What guidance has Flowers Foods issued on next quarter's earnings?

Flowers Foods updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $1.15-$1.25 for the period, compared to the consensus EPS estimate of $1.25. The company issued revenue guidance of $5.09 billion-$5.14 billion, compared to the consensus revenue estimate of $5.18 billion.

What is Ryals McMullian's approval rating as Flowers Foods' CEO?

18 employees have rated Flowers Foods Chief Executive Officer Ryals McMullian on Glassdoor.com. Ryals McMullian has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Flowers Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowers Foods investors own include JinkoSolar (JKS), Procter & Gamble (PG), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Coca-Cola (KO), Pfizer (PFE), General Mills (GIS), Altria Group (MO) and Walmart (WMT).

What is Flowers Foods' stock symbol?

Flowers Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLO."

Who are Flowers Foods' major shareholders?

Flowers Foods' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.14%), State Street Corp (8.18%), Wellington Shields Capital Management LLC (6.71%), Price T Rowe Associates Inc. MD (6.64%), Renaissance Technologies LLC (2.59%) and First Trust Advisors LP (1.66%). Insiders that own company stock include Heeth Iv Varnedoe, Melvin T Stith, Ryals Mcmullian and Thomas Caldecot Chubb III.
View institutional ownership trends
.

How do I buy shares of Flowers Foods?

Shares of FLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Flowers Foods' stock price today?

One share of FLO stock can currently be purchased for approximately $25.13.

How much money does Flowers Foods make?

Flowers Foods (NYSE:FLO) has a market capitalization of $5.32 billion and generates $4.81 billion in revenue each year. The company earns $228.39 million in net income (profit) each year or $1.00 on an earnings per share basis.

How many employees does Flowers Foods have?

The company employs 9,200 workers across the globe.

How can I contact Flowers Foods?

Flowers Foods' mailing address is 1919 FLOWERS CIRCLE, THOMASVILLE GA, 31757. The official website for the company is www.flowersfoods.com. The company can be reached via phone at (229) 226-9110 or via fax at 229-225-3816.

This page (NYSE:FLO) was last updated on 6/9/2023 by MarketBeat.com Staff

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