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" 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.

1 equities research analysts have issued twelve-month target prices for Flowers Foods' stock. Their FLO share price forecasts range from $26.00 to $30.00. On average, they expect the company's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price.
View analysts price targets for FLO or view top-rated stocks among Wall Street analysts.

Flowers Foods' stock was trading at $27.47 at the beginning of 2022. Since then, FLO stock has increased by 1.2% and is now trading at $27.80.
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Flowers Foods saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,350,000 shares, a decline of 19.5% from the June 30th total of 7,890,000 shares. Based on an average daily volume of 1,480,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 3.2% of the shares of the company are sold short.
View Flowers Foods' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our FLO earnings forecast.

Flowers Foods, Inc. (NYSE:FLO) issued its quarterly earnings data on Thursday, August, 11th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.12 billion. Flowers Foods had a trailing twelve-month return on equity of 18.62% and a net margin of 4.75%. The business's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 earnings per share.

Flowers Foods declared a quarterly dividend on Thursday, May 26th. Shareholders 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 dividend yield of 3.17%. The ex-dividend date is Wednesday, June 8th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for FLO.

Flowers Foods (NYSE:FLO) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.20%. 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 87.13%. 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 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLO.

Flowers Foods issued an update on its FY 2022 earnings guidance on Friday, August, 12th. The company provided EPS guidance of $1.25-$1.30 for the period, compared to the consensus EPS estimate of $1.24. The company issued revenue guidance of $4.76 billion-$4.85 billion, compared to the consensus revenue estimate of $4.79 billion.

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.

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 investors include Wellington Shields Capital Management LLC (6.70%), Wellington Shields & Co. LLC (3.11%), Renaissance Technologies LLC (2.65%), State Street Corp (2.57%), Boston Trust Walden Corp (1.35%) and Allspring Global Investments Holdings LLC (0.85%). Insiders that own company stock include David V Singer, Debo Mukherjee, Heeth Iv Varnedoe, Melvin T Stith and Ryals Mcmullian.
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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 $27.80.

Flowers Foods (NYSE:FLO) has a market capitalization of $5.89 billion and generates $4.33 billion in revenue each year. The company earns $206.19 million in net income (profit) each year or $1.01 on an earnings per share basis.

The company 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 the company is www.flowersfoods.com. The company can be reached via phone at (229) 226-9110 or via fax at 229-225-3816.