NYSE:FLO Flowers Foods (FLO) Stock Forecast, Price & News $24.94 -0.24 (-0.95%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$24.64▼$25.2450-Day Range$24.88▼$28.9052-Week Range$24.15▼$30.16Volume2.63 million shsAverage Volume2.06 million shsMarket Capitalization$5.28 billionP/E Ratio24.94Dividend Yield3.53%Price Target$24.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Flowers Foods MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.8% Downside$24.00 Price TargetShort InterestHealthy2.66% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.18Upright™ Environmental ScoreNews Sentiment0.13Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth8.26%From $1.21 to $1.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.28 out of 5 starsConsumer Staples Sector62nd out of 140 stocksFood & Kindred Products Industry7th out of 17 stocks 1.0 Analyst's Opinion Consensus RatingFlowers Foods has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Flowers Foods has a forecasted downside of 3.8% from its current price of $24.94.Amount of Analyst CoverageFlowers Foods has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.66% of the float of Flowers Foods has been sold short.Short Interest Ratio / Days to CoverFlowers Foods has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flowers Foods has recently decreased by 32.51%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldFlowers Foods pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFlowers Foods has been increasing its dividend for 21 years.Dividend CoverageThe dividend payout ratio of Flowers Foods is 88.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFlowers Foods has received a 42.11% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Wheat bread", "Hot dog buns", and "Hamburger buns" products. See details.Environmental SustainabilityThe Environmental Impact score for Flowers Foods is -1.18. Previous Next 1.7 News and Social Media Coverage News SentimentFlowers Foods has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Flowers Foods this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for FLO on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Flowers Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flowers Foods insiders have not sold or bought any company stock.Percentage Held by Insiders11.49% of the stock of Flowers Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions66.81% of the stock of Flowers Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Flowers Foods are expected to grow by 8.26% in the coming year, from $1.21 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flowers Foods is 24.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Flowers Foods is 24.94, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.72.Price to Book Value per Share RatioFlowers Foods has a P/B Ratio of 3.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Flowers Foods (NYSE:FLO) StockFlowers Foods, Inc. engages in the manufacture and sale of bakery products. The firm offers bakery foods for retail and food service customers in the United States. Its brands include Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake and Mrs. Freshley's. The company was founded by William Howard Flowers, Sr. and Joseph Hampton Flowers, Jr. in 1919 and is headquartered in Thomasville, GA.Read More Receive FLO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flowers Foods and its competitors with MarketBeat's FREE daily newsletter. Email Address FLO Stock News HeadlinesJune 6, 2023 | msn.comFlowers Foods: Margins Under PressureJune 2, 2023 | msn.comFlowers Foods: Dividend InsightsJune 6, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 2, 2023 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Flowers Foods, Inc. (NYSE:FLO) For Its Next DividendJune 2, 2023 | americanbankingnews.comZacks Research Analysts Cut Earnings Estimates for Flowers Foods, Inc. (NYSE:FLO)May 29, 2023 | americanbankingnews.comFlowers Foods (NYSE:FLO) Issues FY 2023 Earnings GuidanceMay 28, 2023 | finance.yahoo.comFlowers Foods (NYSE:FLO) Will Pay A Larger Dividend Than Last Year At $0.23May 28, 2023 | msn.comFlowers Foods (FLO) Declares $0.23 DividendJune 6, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 26, 2023 | americanbankingnews.comFlowers Foods, Inc. (NYSE:FLO) to Issue Quarterly Dividend of $0.23May 25, 2023 | finance.yahoo.comImplied Volatility Surging for Flowers Foods (FLO) Stock OptionsMay 25, 2023 | msn.comLooking Into Flowers Foods's Return On Invested CapitalMay 25, 2023 | markets.businessinsider.comFlowers Foods Recalls Tastykake Chocolate Kandy KakesMay 24, 2023 | finance.yahoo.comFLOWERS FOODS ISSUES VOLUNTARY RECALL ON TASTYKAKE CHOCOLATE KANDY KAKES DUE TO UNDECLARED PEANUTSMay 24, 2023 | americanbankingnews.comFlowers Foods (NYSE:FLO) Price Target Cut to $24.00 by Analysts at Deutsche Bank AktiengesellschaftMay 22, 2023 | msn.comDeutsche Bank Maintains Flowers Foods (FLO) Hold RecommendationMay 20, 2023 | americanbankingnews.comFlowers Foods (NYSE:FLO) Posts Earnings Results, Beats Estimates By $0.02 EPSMay 20, 2023 | msn.comStephens & Co. Reiterates Flowers Foods (FLO) Equal-Weight RecommendationMay 20, 2023 | finance.yahoo.comQ1 2023 Flowers Foods Inc Earnings CallMay 19, 2023 | finance.yahoo.comWhy Flowers Foods Stock Was Falling TodayMay 19, 2023 | msn.comFlowers Foods (FLO) Lowers Guidance Despite Q1 Earnings BeatMay 19, 2023 | markets.businessinsider.comFlowers Foods Drops 8% On Decreased Outlook, Below Consensus ViewMay 19, 2023 | msn.comFlowers Foods declines after warning on slow start to the yearMay 19, 2023 | seekingalpha.comFlowers Foods, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 19, 2023 | marketwatch.comStocks to Watch: Flowers Foods, DXC Technology, Presto AutomationMay 19, 2023 | msn.comWonder Bread maker Flowers Foods shares fall after hours as forecast disappoints, more people dine outMay 18, 2023 | finance.yahoo.comFLOWERS FOODS, INC. REPORTS FIRST QUARTER 2023 RESULTSSee More Headlines FLO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLO Company Calendar Ex-Dividend for 3/17 Dividend3/02/2023Dividend Payable3/17/2023Last Earnings5/19/2023Today6/06/2023Ex-Dividend for 6/22 Dividend6/07/2023Dividend Payable6/22/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Food & kindred products Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNYSE:FLO CUSIP34349810 CIK1128928 Webwww.flowersfoods.com Phone(229) 226-9110Fax229-225-3816Employees9,200Year Founded1919Price Target and Rating Average Stock Price Forecast$24.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside-3.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio24.90 Forward P/E Ratio20.58 P/E GrowthN/ANet Income$228.39 million Net Margins4.35% Pretax Margin5.68% Return on Equity17.95% Return on Assets7.71% Debt Debt-to-Equity Ratio0.73 Current Ratio1.32 Quick Ratio0.98 Sales & Book Value Annual Sales$4.81 billion Price / Sales1.10 Cash Flow$1.92 per share Price / Cash Flow12.99 Book Value$6.84 per share Price / Book3.64Miscellaneous Outstanding Shares211,850,000Free Float187,505,000Market Cap$5.28 billion OptionableOptionable Beta0.41 Social Links Key ExecutivesAmos Ryals McMullianPresident, Chief Executive Officer & DirectorHeeth VarnedoeChief Operating OfficerR. Steve KinseyChief Financial & Accounting OfficerMark ChaffinChief Information OfficerRobert L. BentonExecutive Vice President-Network OptimizationKey CompetitorsCampbell SoupNYSE:CPBConagra BrandsNYSE:CAGSimply Good FoodsNASDAQ:SMPLNomad FoodsNYSE:NOMDPostNYSE:POSTView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 6,633 shares on 6/1/2023Ownership: 0.970%ProShare Advisors LLCBought 89,493 shares on 5/26/2023Ownership: 0.612%Ameriprise Financial Inc.Sold 29,610 shares on 5/22/2023Ownership: 0.124%JPMorgan Chase & Co.Sold 20,296 shares on 5/18/2023Ownership: 0.353%New York State Common Retirement FundSold 7,730 shares on 5/18/2023Ownership: 0.168%View All Insider TransactionsView All Institutional Transactions 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 year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities 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 Wall Street research analysts have issued 1-year target prices for Flowers Foods' stock. Their FLO share price forecasts range from $24.00 to $24.00. On average, they predict the company's share price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 3.6%. 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 on January 1st, 2023. Since then, FLO shares have decreased by 13.4% and is now trading at $24.90. View the best growth stocks for 2023 here. Are investors shorting Flowers Foods? Flowers Foods saw a decline in short interest in May. As of May 15th, there was short interest totaling 5,210,000 shares, a decline 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 days-to-cover ratio is presently 2.9 days. Currently, 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) announced its quarterly earnings results on Friday, May, 19th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.36 by $0.02. The firm earned $1.53 billion during the quarter, compared to the consensus estimate 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 in the prior year, the company posted $0.44 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 Thursday, May 25th. Shareholders 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 dividend on an annualized basis and a yield of 3.69%. 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. What ETFs hold Flowers Foods' stock? ETFs with the largest weight of Flowers Foods (NYSE:FLO) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), Trajan Wealth Income Opportunities ETF (TWIO), First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM). 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 3.46%. 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 88.00%. 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 67.18% 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 issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $1.15-$1.25 for the period, compared to the consensus earnings per share 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 a number of retail and institutional investors. Top institutional shareholders 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 $24.90. How much money does Flowers Foods make? Flowers Foods (NYSE:FLO) has a market capitalization of $5.28 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 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Flowers Foods, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.