NYSE:FLO

Flowers Foods (FLO) Stock Price, News & Analysis

$25.03
+0.34 (+1.38%)
(As of 04/24/2024 ET)
Today's Range
$24.36
$25.03
50-Day Range
$22.24
$25.03
52-Week Range
$19.64
$29.10
Volume
1.36 million shs
Average Volume
1.18 million shs
Market Capitalization
$5.28 billion
P/E Ratio
43.16
Dividend Yield
3.68%
Price Target
$24.00

Flowers Foods MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.1% Downside
$24.00 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
0.34mentions of Flowers Foods in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$845,294 Sold Last Quarter
Proj. Earnings Growth
7.20%
From $1.25 to $1.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.53 out of 5 stars

Consumer Staples Sector

24th out of 131 stocks

Food & Kindred Products Industry

3rd out of 13 stocks

FLO stock logo

About Flowers Foods Stock (NYSE:FLO)

Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, 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, vending outlets, and convenience stores; quick-serve chains, food wholesalers, institutions, 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.

FLO Stock Price History

FLO Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
15 Foods to Avoid on the Keto Diet
Flowers Foods (NYSE: FLO)
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/24/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
34349810
Employees
9,300
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$25.00
Low Stock Price Target
$23.00
Potential Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$123.42 million
Pretax Margin
3.09%

Debt

Sales & Book Value

Annual Sales
$5.09 billion
Cash Flow
$1.96 per share
Book Value
$6.40 per share

Miscellaneous

Free Float
186,870,000
Market Cap
$5.28 billion
Optionable
Optionable
Beta
0.39

Social Links

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Key Executives


FLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Flowers Foods stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last twelve months. There are currently 3 hold ratings 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 target for 2024?

3 brokerages have issued 12 month price targets for Flowers Foods' shares. Their FLO share price targets range from $23.00 to $25.00. On average, they predict the company's stock price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for FLO
or view top-rated stocks among Wall Street analysts.

How have FLO shares performed in 2024?

Flowers Foods' stock was trading at $22.51 at the beginning of the year. Since then, FLO stock has increased by 11.2% and is now trading at $25.03.
View the best growth stocks for 2024 here
.

Are investors shorting Flowers Foods?

Flowers Foods saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,300,000 shares, a decline of 14.2% from the March 15th total of 2,680,000 shares. Based on an average trading volume of 1,190,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.2% of the shares of the stock 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, May 16th 2024.
View our FLO earnings forecast
.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) released its quarterly earnings results on Friday, February, 9th. The company reported $0.20 EPS for the quarter, meeting analysts' consensus estimates of $0.20. The firm earned $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. Flowers Foods had a net margin of 2.42% and a trailing twelve-month return on equity of 18.15%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 earnings per share.

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

Flowers Foods declared a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.23 per share on Friday, March 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Thursday, February 29th.
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 3.73%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 158.62%. 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 68.66% 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 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 1.200-1.300 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.2 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).

Who are Flowers Foods' major shareholders?

Flowers Foods' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.53%), Thomasville National Bank (0.16%), Salem Investment Counselors Inc. (0.11%), Allen Mooney & Barnes Investment Advisors LLC (0.11%), Coston McIsaac & Partners (0.09%) and Signature Wealth Management Group (0.07%). Insiders that own company stock include Edward J Jr Casey, H Mark Courtney, Heeth Iv Varnedoe, Melvin T Stith, R Steve Kinsey, Ryals Mcmullian, Terry S Thomas 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FLO) was last updated on 4/25/2024 by MarketBeat.com Staff

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