NYSE:FLOFlowers Foods Stock Price, Forecast & News

$23.30

-0.24 (-1.02 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$23.19

Now: $23.30▼

$23.60

50-Day Range

$21.39

MA: $22.70▼

$23.59

52-Week Range

$17.42

Now: $23.30▼

$25.08

Volume1.25 million shs

Average Volume1.45 million shs

Market Capitalization$4.93 billion

P/E Ratio54.19

Dividend Yield3.23%

Beta0.38

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.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Flowers Foods has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.25, Flowers Foods has a potential downside of 0.2% from its current price of $23.30.
Amount of Analyst Coverage
Flowers Foods has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Flowers Foods has received 469 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Flowers Foods has received 560 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Flowers Foods has received 54.42% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Flowers Foods is a leading dividend payer. It pays a dividend yield of 3.23%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Flowers Foods has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Flowers Foods is 79.17 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Flowers Foods will have a dividend payout ratio of 68.47 % next year. This indicates that Flowers Foods will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Flowers Foods insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,659,915.00 in company stock.
Percentage Held by Insiders
Only 8.21% of the stock of Flowers Foods is held by insiders.
Percentage Held by Institutions
66.86% of the stock of Flowers Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Flowers Foods are expected to grow by 1.83% in the coming year, from $1.09 to $1.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Flowers Foods is 54.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Flowers Foods is 54.19, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 31.61.
Price to Book Value per Share Ratio
Flowers Foods has a P/B Ratio of 3.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.82 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Food & kindred products

Sub-IndustryPackaged Foods & Meats

SectorConsumer Staples

Current SymbolNYSE:FLO

Previous Symbol

CUSIP34349810

CIK1128928

Webwww.flowersfoods.com

Phone229-226-9110

Debt

Debt-to-Equity Ratio1.06

Current Ratio1.65

Quick Ratio1.38

Price-To-Earnings

Trailing P/E Ratio54.19

Forward P/E Ratio21.38

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.12 billion

Price / Sales1.20

Cash Flow$1.63 per share

Price / Cash Flow14.28

Book Value$5.97 per share

Price / Book3.90

Profitability

EPS (Most Recent Fiscal Year)$0.96

Net Income$164.54 million

Net Margins2.21%

Return on Equity17.35%

Return on Assets6.89%

Miscellaneous

Employees9,700

Outstanding Shares211,570,000

Market Cap$4.93 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Flowers Foods (NYSE:FLO) Frequently Asked Questions

How has Flowers Foods' stock been impacted by COVID-19 (Coronavirus)?

Flowers Foods' stock was trading at $21.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FLO stock has increased by 6.5% and is now trading at $23.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Flowers Foods?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Flowers Foods.

When is Flowers Foods' next earnings date?

Flowers Foods is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Flowers Foods.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) released its earnings results on Wednesday, May, 13th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.33 billion. Flowers Foods had a net margin of 2.21% and a return on equity of 17.35%. View Flowers Foods' earnings history.

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

Flowers Foods declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Friday, June 5th will be paid a dividend of $0.20 per share on Friday, June 19th. This represents a $0.80 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from Flowers Foods's previous quarterly dividend of $0.19. View Flowers Foods' dividend history.

What price target have analysts set for FLO?

4 brokers have issued 1-year price objectives for Flowers Foods' shares. Their forecasts range from $21.00 to $25.00. On average, they anticipate Flowers Foods' stock price to reach $23.25 in the next year. This suggests that the stock has a possible downside of 0.2%. View analysts' price targets for Flowers Foods.

Has Flowers Foods been receiving favorable news coverage?

News stories about FLO stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flowers Foods earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutFlowers Foods.

Are investors shorting Flowers Foods?

Flowers Foods saw a drop in short interest in May. As of May 15th, there was short interest totaling 6,670,000 shares, a drop of 8.8% from the April 30th total of 7,310,000 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 3.5% of the shares of the stock are sold short. View Flowers Foods' Current Options Chain.

Who are some of Flowers Foods' key competitors?

Some companies that are related to Flowers Foods include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Tyson Foods (TSN), Kellogg (K), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Lancaster Colony (LANC), Seaboard (SEB) and Hain Celestial Group (HAIN). View all 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), Verizon Communications (VZ), Coca-Cola (KO), AT&T (T), Johnson & Johnson (JNJ), Walmart (WMT), Target (TGT), Procter & Gamble (PG), Enterprise Products Partners (EPD) and Altria Group (MO).

Who are Flowers Foods' key executives?

Flowers Foods' management team includes the following 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)

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.32%), Wellington Shields Capital Management LLC (3.12%), State Street Corp (2.29%), Bank of New York Mellon Corp (1.61%), Invesco Ltd. (1.60%) and Wells Fargo & Company MN (1.29%). Company insiders that own Flowers Foods stock include David V Singer and Debo Mukherjee. View institutional ownership trends for Flowers Foods.

Which institutional investors are selling Flowers Foods stock?

FLO stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., BlackRock Inc., APG Asset Management N.V., Diamond Hill Capital Management Inc., Morgan Stanley, Morgan Stanley, and Principal Financial Group Inc.. View insider buying and selling activity for Flowers Foods.

Which institutional investors are buying Flowers Foods stock?

FLO stock was bought by a variety of institutional investors in the last quarter, including AJO LP, Eaton Vance Management, Wells Fargo & Company MN, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Aperio Group LLC, Boston Trust Walden Corp, and Maverick Capital Ltd.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Flowers Foods' stock price today?

One share of FLO stock can currently be purchased for approximately $23.30.

How big of a company is Flowers Foods?

Flowers Foods has a market capitalization of $4.93 billion and generates $4.12 billion in revenue each year. The company earns $164.54 million in net income (profit) each year or $0.96 on an earnings per share basis. Flowers Foods employs 9,700 workers across the globe.

What is Flowers Foods' official website?

The official website for Flowers Foods is 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.

This page was last updated on 6/3/2020 by MarketBeat.com Staff