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 year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" FLO shares.
View FLO analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1-year target prices for Flowers Foods' stock. Their FLO share price forecasts range from $27.00 to $27.00. On average, they predict the company's share price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 7.8%.
View analysts price targets for FLO 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 6.6% and is now trading at $29.28.
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Flowers Foods saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,590,000 shares, an increase of 9.8% from the October 31st total of 5,090,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 2.9% 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, February 9th 2023.
View our FLO earnings forecast.

Flowers Foods, Inc. (NYSE:FLO) issued its quarterly earnings results on Thursday, November, 10th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.02. The company earned $1.16 billion during the quarter, compared to analyst estimates of $1.14 billion. Flowers Foods had a trailing twelve-month return on equity of 18.53% and a net margin of 4.66%.

Flowers Foods declared a quarterly dividend on Friday, November 18th. Investors of record on Friday, December 2nd will be paid a dividend of $0.22 per share on Friday, December 16th. This represents a $0.88 annualized dividend and a yield of 3.01%. The ex-dividend date is Thursday, December 1st.
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 3.01%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 86.28%. 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.

Flowers Foods issued an update on its FY22 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $1.25-1.30 for the period, compared to the consensus EPS estimate of $1.28. The company issued revenue guidance of $4.807-4.850 billion, compared to the consensus revenue estimate of $4.80 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.43%), BlackRock Inc. (8.93%), Price T Rowe Associates Inc. MD (7.80%), State Street Corp (2.60%), Renaissance Technologies LLC (2.54%) and Southeast Asset Advisors Inc. (1.82%). Insiders that own company stock include David V Singer, Heeth Iv Varnedoe, Melvin T Stith, Ryals Mcmullian and Thomas Caldecot Chubb III.
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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 $29.28.

Flowers Foods (NYSE:FLO) has a market capitalization of $6.18 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.

The company employs 8,900 workers across the globe.

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.