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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
NYSE:FLO

Flowers Foods - FLO Stock Forecast, Price & News

$27.80
+0.27 (+0.98%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.60
$27.89
50-Day Range
$24.36
$28.50
52-Week Range
$22.78
$29.73
Volume
1.66 million shs
Average Volume
1.03 million shs
Market Capitalization
$5.89 billion
P/E Ratio
27.53
Dividend Yield
3.20%
Price Target
$28.00

Flowers Foods MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.7% Upside
$28.00 Price Target
Short Interest
Bearish
3.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
0.24mentions of Flowers Foods in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.75 M Sold Last Quarter
Proj. Earnings Growth
3.94%
From $1.27 to $1.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Consumer Staples Sector

85th out of 150 stocks

Food & Kindred Products Industry

8th out of 16 stocks

FLO stock logo

About Flowers Foods (NYSE:FLO) Stock

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. 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.

Analysts Set New Price Targets

FLO has been the topic of a number of recent research reports. StockNews.com raised shares of Flowers Foods from a "buy" rating to a "strong-buy" rating in a report on Wednesday, August 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Flowers Foods from $27.00 to $26.00 in a research note on Monday, May 23rd.

Flowers Foods Stock Performance

Flowers Foods stock traded up $0.27 during mid-day trading on Monday, reaching $27.80. 1,660,068 shares of the company were exchanged, compared to its average volume of 1,552,702. The firm's 50-day simple moving average is $26.65 and its two-hundred day simple moving average is $26.70. Flowers Foods has a twelve month low of $22.78 and a twelve month high of $29.73. The firm has a market cap of $5.89 billion, a PE ratio of 27.53 and a beta of 0.27. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.16 and a current ratio of 1.45.

Flowers Foods (NYSE:FLO - Get Rating) last issued its quarterly earnings results on Thursday, August 11th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.12 billion. Flowers Foods had a return on equity of 18.62% and a net margin of 4.75%. The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the company earned $0.32 earnings per share. Equities analysts predict that Flowers Foods will post 1.27 earnings per share for the current fiscal year.

Flowers Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 23rd. Investors of record on Thursday, June 9th were given a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 3.17%. This is an increase from Flowers Foods's previous quarterly dividend of $0.21. Flowers Foods's dividend payout ratio (DPR) is presently 87.13%.

Insider Buying and Selling at Flowers Foods

In other news, CEO Ryals Mcmullian sold 66,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 1st. The stock was sold at an average price of $26.54, for a total value of $1,751,640.00. Following the completion of the sale, the chief executive officer now directly owns 1,934,000 shares of the company's stock, valued at approximately $51,328,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 11.79% of the stock is owned by corporate insiders.

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FLO Stock News Headlines

Flowers Foods (NYSE:FLO) Raised to Strong-Buy at StockNews.com
FLOWERS FOODS, INC. REPORTS SECOND QUARTER 2022 RESULTS
Here's what Wall Street expects from Flowers Foods's earnings
J&J Snack Foods (JJSF) Q3 Earnings Miss Estimates
7 of the Safest Stocks to Buy Now
See More Headlines
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FLO Company Calendar

Ex-Dividend for 6/23 Dividend
6/08/2022
Dividend Payable
6/23/2022
Last Earnings
8/11/2022
Today
8/16/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
34349810
Employees
8,900
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$28.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+0.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$206.19 million
Pretax Margin
6.19%

Debt

Sales & Book Value

Annual Sales
$4.33 billion
Cash Flow
$1.91 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
186,857,000
Market Cap
$5.89 billion
Optionable
Optionable
Beta
0.27

Social Links


Key Executives

  • Mr. A. Ryals McMullian Jr. (Age 52)
    Pres, CEO & Director
    Comp: $2.34M
  • Mr. R. Steve Kinsey (Age 61)
    CFO & Chief Accounting Officer
    Comp: $1.29M
  • Mr. Bradley K. Alexander (Age 63)
    Chief Operating Officer
    Comp: $1.21M
  • Mr. David Keith Wheeler (Age 59)
    Chief Sales Officer
    Comp: $960.6k
  • Mr. H. Mark Courtney (Age 61)
    Chief Brand Officer
    Comp: $821.76k
  • Mr. Mark Chaffin (Age 51)
    Chief Information Officer
  • Mr. J. T. Rieck
    SVP Fin. & Investor Relations
  • Ms. Stephanie B. Tillman (Age 51)
    Chief Legal Counsel
  • Ms. Mary A. Krier
    Sr. VP of Communications & Corp. Responsibility
  • Mr. Debo Mukherjee (Age 54)
    Chief Marketing Officer













FLO Stock - Frequently Asked Questions

Should I buy or sell Flowers Foods stock right now?

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.

What is Flowers Foods' stock price forecast for 2022?

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.

How have FLO shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Flowers Foods?

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
.

When is Flowers Foods' next earnings date?

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

How were Flowers Foods' earnings last quarter?

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.

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

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
.

Is Flowers Foods a good dividend stock?

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.

What guidance has Flowers Foods issued on next quarter's earnings?

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.

What is Ryals McMullian's approval rating as Flowers Foods' CEO?

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.

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), 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).

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 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.
View institutional ownership trends
.

How do I buy shares of 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.
Compare Top Brokerages Here.

What is Flowers Foods' stock price today?

One share of FLO stock can currently be purchased for approximately $27.80.

How much money does Flowers Foods make?

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.

How many employees does Flowers Foods have?

The company employs 8,900 workers across the globe.

When was Flowers Foods founded?

Flowers Foods was founded in 1919.

How can I contact Flowers Foods?

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.

This page (NYSE:FLO) was last updated on 8/16/2022 by MarketBeat.com Staff

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