NYSE:FLO - Flowers Foods Stock Price, News, & Analysis

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$22.80 +0.14 (+0.62 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$22.80
Today's Range$22.71 - $23.18
52-Week Range$17.78 - $23.18
Volume1.82 million shs
Average Volume896,928 shs
Market Capitalization$4.82 billion
P/E Ratio24.26
Dividend Yield3.16%
Beta0.49
Flowers Foods, Inc. produces and markets bakery products in the United States. The company operates through two segments, Direct-Store-Delivery and Warehouse Delivery. The Direct-Store-Delivery segment produces and markets fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products primarily under the Nature's Own, Dave's Killer Bread, Tastykake, Wonder, and Cobblestone Bread Company brand names. It operates 39 bakeries, as well as sells its products primarily through a network of independent distributors to retail and foodservice customers. The Warehouse Delivery segment produces snack cakes, frozen breads, and rolls for national retail, foodservice, vending, and co-pack customers through a network of warehouse channels. This segment markets its products under the Mrs. Freshley's, Alpine Valley Bread, and European Bakers brands. It also sells products under franchised and licensed trademarks and trade names, such as Sunbeam, Bunny, and Sara Lee. 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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Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP34349810
Phone229-226-9110

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.95 billion
Cash Flow$1.6228 per share
Book Value$6.00 per share

Profitability

Net Income$157.16 million

Miscellaneous

Employees9,200
Market Cap$4.82 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Flowers Foods (NYSE:FLO) Frequently Asked Questions

What is Flowers Foods' stock symbol?

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

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

Flowers Foods declared a quarterly dividend on Friday, February 15th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.18 per share on Friday, March 15th. This represents a $0.72 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Thursday, February 28th. View Flowers Foods' Dividend History.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) announced its quarterly earnings data on Wednesday, May, 15th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.02. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Flowers Foods had a return on equity of 15.85% and a net margin of 4.28%. Flowers Foods's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 earnings per share. View Flowers Foods' Earnings History.

When is Flowers Foods' next earnings date?

Flowers Foods is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Flowers Foods.

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

Flowers Foods updated its FY19 earnings guidance on Wednesday, May, 15th. The company provided EPS guidance of $0.94-$1.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.97. The company issued revenue guidance of $4.03-$4.109 billion, compared to the consensus revenue estimate of $4.06 billion.Flowers Foods also updated its FY 2019 guidance to $0.94-1.02 EPS.

What price target have analysts set for FLO?

6 brokerages have issued 12 month price objectives for Flowers Foods' stock. Their predictions range from $16.00 to $19.00. On average, they expect Flowers Foods' share price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 21.1%. View Analyst Price Targets for Flowers Foods.

What is the consensus analysts' recommendation for Flowers Foods?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowers Foods.

What are Wall Street analysts saying about Flowers Foods stock?

Here are some recent quotes from research analysts about Flowers Foods stock:
  • 1. According to Zacks Investment Research, "Flowers Foods has outpaced the industry in the past three months. The company is largely benefitting from its focus on buyouts and expanding market share. Notably, strength in DKB, Nature's Own and Wonder brands drove Flowers Foods’ market share in the fourth quarter of 2018, wherein both top and bottom lines beat estimates. Results also gained from Canyon’s recent buyout and solid price mix that helped counter soft volumes. Markedly, Flowers Foods’ volumes dropped 1.8%, and management is skeptical about the same in 2019. Also, the company has long been battling escalated input costs. In fact, the company expects commodity, transport and labor cost inflation to persist in 2019. Nonetheless, Flowers Foods is set to fight these headwinds through savings and productivity plans like Project Centennial. Markedly, sales are expected to grow 2-4% in 2019, while EPS is expected between 94 cents and $1.02." (4/10/2019)
  • 2. Pivotal Research analysts commented, "We have lost confidence that the company can improve its financial performance meaningfully – this year is just a repeat of so many before – set expectations high and disappoint in the 2H. We see little evidence that the company is not in secular decline." (2/7/2019)
  • 3. Jefferies Financial Group Inc analysts commented, "2Q operating results missed our/Street estimates by 17% & 16%, respectively, owing to execution issues & cost headwinds." (8/10/2018)

Has Flowers Foods been receiving favorable news coverage?

News articles about FLO stock have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flowers Foods earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are some of Flowers Foods' key competitors?

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), Johnson & Johnson (JNJ), The Coca-Cola (KO), Verizon Communications (VZ), AT&T (T), Array Biopharma (ARRY), General Electric (GE), Procter & Gamble (PG), Walmart (WMT) and Target (TGT).

Who are Flowers Foods' key executives?

Flowers Foods' management team includes the folowing people:
  • Mr. Allen L. Shiver, Pres, CEO & Director (Age 63)
  • Mr. R. Steve Kinsey, CFO & Chief Admin. Officer (Age 58)
  • Mr. Stephen R. Avera, Chief Legal Counsel (Age 63)
  • Mr. David Keith Wheeler, Chief Sales Officer (Age 56)
  • Mr. Bradley K. Alexander, Pres of the Fresh Packaged Bread Bus. Unit (Age 60)

Who are Flowers Foods' major shareholders?

Flowers Foods' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.81%), Wellington Shields Capital Management LLC (3.35%), Champlain Investment Partners LLC (2.98%), Diamond Hill Capital Management Inc. (1.46%), Victory Capital Management Inc. (1.36%) and Renaissance Technologies LLC (1.14%). Company insiders that own Flowers Foods stock include Allen L Shiver, Amos R Mcmullian, Brad K Alexander, David M Roach, Debo Mukherjee, Karyl H Lauder, Marta Jones Turner, R Steve Kinsey, Robert L Benton Jr, Stephen R Avera and Tonja W Taylor. View Institutional Ownership Trends for Flowers Foods.

Which major investors are selling Flowers Foods stock?

FLO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Deprince Race & Zollo Inc., AQR Capital Management LLC, JPMorgan Chase & Co., Diamond Hill Capital Management Inc., Hussman Strategic Advisors Inc. and Hamlin Capital Management LLC. View Insider Buying and Selling for Flowers Foods.

Which major investors are buying Flowers Foods stock?

FLO stock was acquired by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Man Group plc, BlackRock Inc., Victory Capital Management Inc., Ontario Teachers Pension Plan Board, Summit Global Investments, Champlain Investment Partners LLC and Geode Capital Management LLC. Company insiders that have bought Flowers Foods stock in the last two years include Amos R Mcmullian and Debo Mukherjee. View Insider Buying and Selling for Flowers Foods.

How do I buy shares of Flowers Foods?

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

What is Flowers Foods' stock price today?

One share of FLO stock can currently be purchased for approximately $22.80.

How big of a company is Flowers Foods?

Flowers Foods has a market capitalization of $4.82 billion and generates $3.95 billion in revenue each year. The company earns $157.16 million in net income (profit) each year or $0.94 on an earnings per share basis. Flowers Foods employs 9,200 workers across the globe.

What is Flowers Foods' official website?

The official website for Flowers Foods is http://www.flowersfoods.com.

How can I contact Flowers Foods?

Flowers Foods' mailing address is 1919 FLOWERS CIRCLE, THOMASVILLE GA, 31757. The company can be reached via phone at 229-226-9110.


MarketBeat Community Rating for Flowers Foods (NYSE FLO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  902
MarketBeat's community ratings are surveys of what our community members think about Flowers Foods and other stocks. Vote "Outperform" if you believe FLO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FLO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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