S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:FLO

Flowers Foods - FLO Stock Forecast, Price & News

$27.68
+0.05 (+0.18%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.17
$27.76
50-Day Range
$24.36
$28.50
52-Week Range
$22.72
$29.73
Volume
1.09 million shs
Average Volume
897,543 shs
Market Capitalization
$5.87 billion
P/E Ratio
27.14
Dividend Yield
3.18%
Price Target
$28.00

Flowers Foods MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.2% Upside
$28.00 Price Target
Short Interest
Healthy
3.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
0.25mentions of Flowers Foods in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.75 M Sold Last Quarter
Proj. Earnings Growth
4.80%
From $1.25 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.

2.34 out of 5 stars

Consumer Staples Sector

54th out of 178 stocks

Food & Kindred Products Industry

6th out of 19 stocks

FLO stock logo

About Flowers Foods (NYSE:FLO) Stock

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers 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 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. 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.

Flowers Foods Price Performance

Flowers Foods stock traded up $0.05 during trading on Friday, reaching $27.68. The company had a trading volume of 1,087,334 shares, compared to its average volume of 897,543. The firm's 50-day simple moving average is $26.53 and its 200 day simple moving average is $26.74. Flowers Foods has a 1-year low of $22.72 and a 1-year high of $29.73. The firm has a market capitalization of $5.87 billion, a PE ratio of 27.14 and a beta of 0.27. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.25 and a current ratio of 1.52.

Flowers Foods (NYSE:FLO - Get Rating) last announced its earnings results on Thursday, May 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.06. Flowers Foods had a net margin of 4.93% and a return on equity of 18.97%. The company had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the previous year, the company posted $0.41 EPS. The firm's quarterly revenue was up 10.3% on a year-over-year basis. As a group, equities research analysts anticipate that Flowers Foods will post 1.25 earnings per share for the current fiscal year.

Flowers Foods Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 23rd. Shareholders of record on Thursday, June 9th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.18%. The ex-dividend date was Wednesday, June 8th. This is a boost from Flowers Foods's previous quarterly dividend of $0.21. Flowers Foods's payout ratio is 86.28%.

Analyst Upgrades and Downgrades

FLO has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Flowers Foods from $27.00 to $26.00 in a research note on Monday, May 23rd. StockNews.com raised shares of Flowers Foods from a "hold" rating to a "buy" rating in a research note on Monday, May 23rd.

Insiders Place Their Bets

In other Flowers Foods news, CEO Ryals Mcmullian sold 66,000 shares of Flowers Foods stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $26.54, for a total transaction of $1,751,640.00. Following the sale, the chief executive officer now owns 1,934,000 shares of the company's stock, valued at approximately $51,328,360. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.79% of the stock is currently owned by corporate insiders.

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FLO Stock News Headlines

J&J Snack Foods (JJSF) Q3 Earnings Miss Estimates
7 of the Safest Stocks to Buy Now
Why Flowers Foods Shares Are Gaining Afterhours
Flowers Foods Q1 2022 Earnings Preview
US Foods (USFD) Q1 Earnings Top Estimates
See More Headlines
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FLO Company Calendar

Last Earnings
5/19/2022
Ex-Dividend for 6/23 Dividend
6/08/2022
Dividend Payable
6/23/2022
Today
8/07/2022
Next Earnings (Confirmed)
8/11/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
34349810
Employees
8,900
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$28.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+1.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$206.19 million
Pretax Margin
6.41%

Debt

Sales & Book Value

Annual Sales
$4.33 billion
Cash Flow
$1.89 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
187,042,000
Market Cap
$5.87 billion
Optionable
Optionable
Beta
0.27

Social Links


Key Executives

  • Mr. A. Ryals McMullian Jr. (Age 52)
    Pres, CEO & Director
    Comp: $2.34M
  • Mr. R. Steve Kinsey (Age 61)
    CFO & Chief Accounting Officer
    Comp: $1.29M
  • Mr. Bradley K. Alexander (Age 63)
    Chief Operating Officer
    Comp: $1.21M
  • Mr. David Keith Wheeler (Age 59)
    Chief Sales Officer
    Comp: $960.6k
  • Mr. H. Mark Courtney (Age 61)
    Chief Brand Officer
    Comp: $821.76k
  • Mr. Mark Chaffin (Age 51)
    Chief Information Officer
  • Mr. J. T. Rieck
    SVP Fin. & Investor Relations
  • Ms. Stephanie B. Tillman (Age 51)
    Chief Legal Counsel
  • Ms. Mary A. Krier
    Sr. VP of Communications & Corp. Responsibility
  • Mr. Debo Mukherjee (Age 54)
    Chief Marketing Officer













FLO Stock - Frequently Asked Questions

Should I buy or sell Flowers Foods stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Flowers Foods stock. 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 analyst ratings for Flowers Foods
or view top-rated stocks.

What is Flowers Foods' stock price forecast for 2022?

1 brokerages have issued 12 month price objectives for Flowers Foods' stock. Their FLO stock forecasts range from $26.00 to $30.00. On average, they predict Flowers Foods' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
View analysts' price targets for Flowers Foods
or view top-rated stocks among Wall Street analysts.

How has Flowers Foods' stock price performed in 2022?

Flowers Foods' stock was trading at $27.47 on January 1st, 2022. Since then, FLO shares have increased by 0.8% and is now trading at $27.68.
View the best growth stocks for 2022 here
.

Are investors shorting Flowers Foods?

Flowers Foods saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 6,350,000 shares, a decrease of 19.5% from the June 30th total of 7,890,000 shares. Based on an average trading volume of 1,480,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the shares of the company are sold short.
View Flowers Foods' Short Interest
.

When is Flowers Foods' next earnings date?

Flowers Foods is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our earnings forecast for Flowers Foods
.

How can I listen to Flowers Foods' earnings call?

Flowers Foods will be holding an earnings conference call on Friday, August 12th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) released its quarterly earnings results on Thursday, May, 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.06. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.40 billion. Flowers Foods had a trailing twelve-month return on equity of 18.97% and a net margin of 4.93%. Flowers Foods's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 EPS.

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

Flowers Foods declared a quarterly dividend on Thursday, May 26th. Investors of record on Thursday, June 9th will be given a dividend of $0.22 per share on Thursday, June 23rd. This represents a $0.88 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Wednesday, June 8th. This is a positive change from Flowers Foods's previous quarterly dividend of $0.21.
View Flowers Foods' dividend history
.

Is Flowers Foods a good dividend stock?

Flowers Foods(NYSE:FLO) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.18%. Flowers Foods 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 of Flowers Foods is 86.28%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Flowers Foods will have a dividend payout ratio of 67.18% next year. This indicates that Flowers Foods will be able to sustain or increase its dividend.
View Flowers Foods' dividend history.

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

Flowers Foods updated its FY 2022 earnings guidance on Thursday, June, 16th. The company provided EPS guidance of $1.20-$1.30 for the period, compared to the consensus EPS estimate of $1.28. The company issued revenue guidance of $4.76 billion-$4.85 billion, compared to the consensus revenue estimate of $4.66 billion.

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

18 employees have rated Flowers Foods CEO Ryals McMullian on Glassdoor.com. Ryals McMullian has an approval rating of 76% among Flowers Foods' 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 retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.35%), Allspring Global Investments Holdings LLC (0.85%), Robeco Institutional Asset Management B.V. (0.70%), Truist Financial Corp (0.60%), Thomasville National Bank (0.45%) and ProShare Advisors LLC (0.41%). Company insiders that own Flowers Foods stock include David V Singer, Debo Mukherjee, Heeth Iv Varnedoe, Melvin T Stith and Ryals Mcmullian.
View institutional ownership trends for Flowers Foods
.

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 $27.68.

How much money does Flowers Foods make?

Flowers Foods (NYSE:FLO) has a market capitalization of $5.87 billion and generates $4.33 billion in revenue each year. The company earns $206.19 million in net income (profit) each year or $1.02 on an earnings per share basis.

How many employees does Flowers Foods have?

Flowers Foods employs 8,900 workers across the globe.

When was Flowers Foods founded?

Flowers Foods was founded in 1919.

How can I contact Flowers Foods?

Flowers Foods' mailing address is 1919 FLOWERS CIRCLE, THOMASVILLE GA, 31757. The official website for Flowers Foods 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 8/7/2022 by MarketBeat.com Staff

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