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

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$20.98 +0.05 (+0.24 %)
(As of 02/21/2019 08:34 AM ET)
Previous Close$20.93
Today's Range$20.80 - $21.09
52-Week Range$17.78 - $22.82
Volume881,284 shs
Average Volume1.18 million shs
Market Capitalization$4.42 billion
P/E Ratio22.32
Dividend Yield3.44%
Beta0.46
Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products primarily under the Nature's Own, Wonder, Cobblestone Bread Company, Tastykake, and Dave's Killer Bread brand names. It operates 39 bakeries, as well as sells its products 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 brand names. 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$1.6264 per share
Book Value$5.97 per share

Profitability

Net Income$157.16 million

Miscellaneous

Employees9,800
Market Cap$4.42 billion
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. Shareholders of record on Friday, March 1st will be given a dividend of $0.18 per share on Friday, March 15th. This represents a $0.72 dividend on an annualized basis and a yield of 3.43%. 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, February, 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.01. The business had revenue of $880.67 million for the quarter, compared to analysts' expectations of $869.41 million. Flowers Foods had a return on equity of 15.46% and a net margin of 3.98%. The company's revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.17 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, May 15th 2019. View Earnings Estimates for Flowers Foods.

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

Flowers Foods issued an update on its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of ~$0.94-1.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.95. The company issued revenue guidance of ~$4.03-4.109 billion, compared to the consensus revenue estimate of $4.03 billion.Flowers Foods also updated its FY 2019 guidance to $0.94-1.02 EPS.

What price target have analysts set for FLO?

8 equities research analysts have issued twelve-month price targets for Flowers Foods' stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Flowers Foods' share price to reach $20.1667 in the next year. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for Flowers Foods.

What is the consensus analysts' recommendation for Flowers Foods?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy 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. 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)
  • 2. According to Zacks Investment Research, "Flowers Foods has outpaced the industry in a year. The company the company is on track with Project Centennial, which is likely to result in gross savings in the upper end of $38-$48 million in 2018. Focus on buyouts is another key catalyst. Evidently, strength in DKB boosted Flowers’ Foods’ market share in the third quarter. Moreover, the company recently acquired Canyon Bakehouse. However, Flowers Foods has been witnessing soft margins due to higher materials, supplies, labor and other production costs. These factors lingered in third-quarter 2018 as well, and led to a cut in earnings view. Soft sales, and inflated transportation and commodity costs impacted the bottom-line performance in the quarter. Results were also hit by operational hurdles related to inferior yeast received from a supplier. Nonetheless, management remains focused on offsetting its cost hurdles through its supply-chain optimization plan." (1/14/2019)
  • 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?

Headlines about FLO stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flowers Foods earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Flowers Foods' key competitors?

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. Steven 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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.70%), Wellington Shields Capital Management LLC (3.38%), APG Asset Management N.V. (1.74%), Bank of New York Mellon Corp (1.61%), Diamond Hill Capital Management Inc. (1.51%) and Dimensional Fund Advisors LP (1.36%). Company insiders that own Flowers Foods stock include Allen L Shiver, Amos R Mcmullian, Brad K Alexander, David M Roach, 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 Hamlin Capital Management LLC, Deprince Race & Zollo Inc., Diamond Hill Capital Management Inc., Advisors Asset Management Inc., Comerica Bank, California Public Employees Retirement System, Raymond James & Associates and Wellington Shields & Co. 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 Victory Capital Management Inc., Oregon Public Employees Retirement Fund, APG Asset Management N.V., Bank of New York Mellon Corp, Martingale Asset Management L P, Dimensional Fund Advisors LP, BlackRock Inc. and Segall Bryant & Hamill LLC. 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 $20.98.

How big of a company is Flowers Foods?

Flowers Foods has a market capitalization of $4.42 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 9,800 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:  398 (Vote Outperform)
Underperform Votes:  479 (Vote Underperform)
Total Votes:  877
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 2/21/2019 by MarketBeat.com Staff

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