Flowers Foods - FLO Stock Forecast, Price & News

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.

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.

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.
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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.

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

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.

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.

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.

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.

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.

18 employees have rated Flowers Foods CEO Ryals McMullian on Glassdoor.com. Ryals McMullian has an approval rating of 76% among Flowers Foods' employees.

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).

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

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.

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.
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One share of FLO stock can currently be purchased for approximately $27.68.

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.

Flowers Foods employs 8,900 workers across the globe.

Flowers Foods was founded in 1919.

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.