Flowers Foods - FLO Stock Forecast, Price & News

1 Wall Street 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 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 price objectives for Flowers Foods' shares. 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 1.5% 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 start of the year. Since then, FLO shares have increased by 0.4% and is now trading at $27.58.
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Flowers Foods saw a decline in short interest in 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 trading volume, of 1,480,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the company's stock are sold short.
View Flowers Foods' Short Interest.

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 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 earned $1.44 billion during the quarter, compared to analyst estimates of $1.40 billion. Flowers Foods had a net margin of 4.93% and a trailing twelve-month return on equity of 18.97%. Flowers Foods's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 earnings per share.

Flowers Foods announced a quarterly dividend on Thursday, May 26th. Stockholders of record on Thursday, June 9th will be paid a dividend of $0.22 per share on Thursday, June 23rd. This represents a $0.88 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Wednesday, June 8th. This is a boost 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 3.19%. 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 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 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 FY22 earnings guidance on Thursday, August, 11th. 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 $4.764 billion to $4.850 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 a number of institutional and retail investors. Top institutional investors 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 JPMorgan Chase & Co. (0.42%). 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 $27.58.

Flowers Foods (NYSE:FLO) has a market capitalization of $5.85 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 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.