About Fluor Corporation (NYSE:FLR)
Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis. The Company is an integrated solutions provider for various industries, including oil and gas, chemicals and petrochemicals, mining and metals, transportation, power, life sciences and advanced manufacturing. It is also a service provider to the United States federal Government and governments abroad. It offers services in various categories, including engineering and design, procurement, construction, fabrication, maintenance, modification and asset integrity and project management.
Industry, Sector and Symbol
Industry Construction & Engineering
Sub-IndustryConstruction & Engineering
Trailing P/E Ratio17.11
Forward P/E Ratio30.29
Sales & Book Value
Annual Sales$19.04 billion
Price / Sales0.35
Cash Flow$4.22 per share
Price / Cash11.19
Book Value$24.55 per share
Price / Book1.93
Net Income$281.40 million
Return on Equity11.69%
Return on Assets4.24%
Frequently Asked Questions for Fluor Corporation (NYSE:FLR)
What is Fluor Corporation's stock symbol?
Fluor Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLR."
How often does Fluor Corporation pay dividends? What is the dividend yield for Fluor Corporation?
Fluor Corporation announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Tuesday, December 5th will be paid a dividend of $0.21 per share on Wednesday, January 3rd. This represents a $0.84 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Monday, December 4th. View Fluor Corporation's Dividend History.
How were Fluor Corporation's earnings last quarter?
Fluor Corporation (NYSE:FLR) issued its earnings results on Thursday, November, 2nd. The construction company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.09. The construction company earned $4.94 billion during the quarter, compared to analyst estimates of $4.73 billion. Fluor Corporation had a return on equity of 11.69% and a net margin of 1.03%. The firm's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.03 earnings per share. View Fluor Corporation's Earnings History.
When will Fluor Corporation make its next earnings announcement?
What guidance has Fluor Corporation issued on next quarter's earnings?
Fluor Corporation updated its FY17 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.48.
Where is Fluor Corporation's stock going? Where will Fluor Corporation's stock price be in 2017?
10 equities research analysts have issued 1 year price objectives for Fluor Corporation's shares. Their forecasts range from $40.00 to $54.00. On average, they anticipate Fluor Corporation's stock price to reach $47.60 in the next twelve months. View Analyst Ratings for Fluor Corporation.
What are Wall Street analysts saying about Fluor Corporation stock?
Here are some recent quotes from research analysts about Fluor Corporation stock:
- 1. According to Zacks Investment Research, "Fluor’s third-quarter adjusted earnings from continuing operations came in at 67 cents, topping the Zacks Consensus Estimate by 15.5%. The company’s leading position in nuclear remediation at government facilities is a positive. Its market diversity as well as strong focus on streamlining business structure to boost profitability is expected to boost growth, going forward. Also, stabilizing commodity prices and gradual improvement in energy and mining sectors are anticipated to unlock further opportunities of growth. However, over the past six months, Fluor’s shares have underperformed the industry average. The company is facing a dearth of new awards which may impact growth prospects significantly. Fluor has also been witnessing continuous backlog erosion over the past few quarters, adding to its concerns." (11/7/2017)
- 2. Citigroup Inc. analysts commented, "To be clear, after traveling with management, we still think it's early to get overly excited about FLR's near-term prospects, but FLR arguably is the only E&C in our universe that offers exposure to large infrastructure work (which does seem to be a 2017 story even excluding Trump-related potential work), large mining work (which seems ahead of O&G and should percolate a little more in 2017), and large energy projects ' where the believability of a backlog inflection within the next several quarters is rising. Questions remain such as closing out CPChem, whether management changes are worrisome and whether we need to worry about FLR not getting paid for nuclear work, but FLR remains our top contrarian idea in the E&C space" (3/13/2017)
Who are some of Fluor Corporation's key competitors?
Some companies that are related to Fluor Corporation include AECOM (ACM), Quanta Services (PWR), EMCOR Group (EME), Babcock International Group plc (BAB), Stantec (STN), KBR (KBR), Granite Construction Incorporated (GVA), Balfour Beatty plc (BBY), Chicago Bridge & Iron Company N.V. (CBI), Primoris Services Corporation (PRIM), Tutor Perini Corporation (TPC), NCI Building Systems (NCS), Kentz Co. Limited (KENZ), John Laing Group PLC (JLG), Kier Group plc (KIE), Galliford Try plc (GFRD), Argan (AGX) and Aegion Corp (AEGN).
Who are Fluor Corporation's key executives?
Fluor Corporation's management team includes the folowing people:
- David Thomas Seaton, Chairman of the Board, Chief Executive Officer (Age 55)
- Bruce A. Stanski, Chief Financial Officer, Executive Vice President (Age 56)
- Thomas D'Agostino, Group President - Government
- Carlos M. Hernandez, Executive Vice President, Chief Legal Officer and Secretary (Age 62)
- Ray F. Barnard, Executive Vice President - Systems & Supply Chain (Age 58)
- Jose-Luis Bustamante, Executive Vice President - Business Development and Strategy (Age 53)
- Garry William Flowers, Executive Vice President - Project Support Services (Age 65)
- Robin K. Chopra, Senior Vice President, Principal Accounting Officer, Controller (Age 52)
- Mark A. Landry, Senior Vice President - Human Resources (Age 52)
- Peter J. Fluor, Lead Independent Director (Age 69)
Who owns Fluor Corporation stock?
Fluor Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (2.86%), CI Global Investments Inc. (2.47%), Dimensional Fund Advisors LP (1.71%), Boston Partners (1.33%), Hotchkis & Wiley Capital Management LLC (0.97%) and Bank of New York Mellon Corp (0.90%). Company insiders that own Fluor Corporation stock include David Thomas Seaton, Ray F Barnard and Robin K Chopra. View Institutional Ownership Trends for Fluor Corporation.
Who sold Fluor Corporation stock? Who is selling Fluor Corporation stock?
Fluor Corporation's stock was sold by a variety of institutional investors in the last quarter, including CI Global Investments Inc., Janus Henderson Group PLC, APG Asset Management N.V., Beck Mack & Oliver LLC, Brown Advisory Inc., DekaBank Deutsche Girozentrale, Private Asset Management Inc. and Candriam Luxembourg S.C.A.. Company insiders that have sold Fluor Corporation company stock in the last year include David Thomas Seaton, Ray F Barnard and Robin K Chopra. View Insider Buying and Selling for Fluor Corporation.
Who bought Fluor Corporation stock? Who is buying Fluor Corporation stock?
Fluor Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Hotchkis & Wiley Capital Management LLC, Becker Capital Management Inc., CI Investments Inc., South Dakota Investment Council, Schroder Investment Management Group, Tocqueville Asset Management L.P. and Prudential Financial Inc.. View Insider Buying and Selling for Fluor Corporation.
How do I buy Fluor Corporation stock?
Shares of Fluor Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fluor Corporation's stock price today?
One share of Fluor Corporation stock can currently be purchased for approximately $47.26.
How big of a company is Fluor Corporation?
Fluor Corporation has a market capitalization of $6.57 billion and generates $19.04 billion in revenue each year. The construction company earns $281.40 million in net income (profit) each year or $1.43 on an earnings per share basis. Fluor Corporation employs 61,551 workers across the globe.
How can I contact Fluor Corporation?
Fluor Corporation's mailing address is 6700 Las Colinas Blvd, IRVING, TX 75039, United States. The construction company can be reached via phone at +1-469-3987000 or via email at [email protected]
MarketBeat Community Rating for Fluor Corporation (FLR)MarketBeat's community ratings are surveys of what our community members think about Fluor Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Fluor Corporation (NYSE:FLR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 6 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$47.60 (0.72% upside)|
Consensus Price Target History for Fluor Corporation (NYSE:FLR)
Analysts' Ratings History for Fluor Corporation (NYSE:FLR)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/6/2017||Canaccord Genuity||Reiterated Rating||Outperform -> Buy||$54.00||N/A|
|11/3/2017||Robert W. Baird||Boost Price Target||Neutral||$40.00 -> $48.00||N/A|
|11/3/2017||Credit Suisse Group||Lower Price Target||Neutral||$43.00 -> $41.00||N/A|
|10/27/2017||Citigroup Inc.||Set Price Target||Buy||$50.00 -> $53.00||N/A|
|10/14/2017||Stephens||Reiterated Rating||Overweight||$44.00 -> $50.00||N/A|
|10/11/2017||Seaport Global Securities||Reiterated Rating||Neutral||$50.00 -> $44.00||N/A|
|8/7/2017||Johnson Rice||Downgrade||Buy -> Accumulate||$62.00 -> $48.00||Medium|
|8/4/2017||DA Davidson||Downgrade||Buy -> Neutral||$55.00 -> $48.00||High|
|8/4/2017||Deutsche Bank AG||Downgrade||Buy -> Hold||$55.00 -> $40.00||High|
|11/6/2016||MKM Partners||Set Price Target||Hold||$45.00||N/A|
|11/4/2016||William Blair||Downgrade||Outperform -> Market Perform||$58.00 -> $48.00||N/A|
|11/4/2016||Macquarie||Downgrade||Outperform -> Neutral||N/A|
|8/16/2016||Janney Montgomery Scott||Reiterated Rating||Buy||N/A|
|8/5/2016||Bank of America Corporation||Reiterated Rating||Sell||$50.00||N/A|
|3/28/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||$48.00 -> $55.00||N/A|
|2/19/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$46.00 -> $44.00||N/A|
|2/19/2016||FBR & Co||Downgrade||Outperform -> Market Perform||$57.00 -> $46.00||N/A|
Earnings History and Estimates Chart for Fluor Corporation (NYSE:FLR)
Earnings History by Quarter for Fluor Corporation (NYSE FLR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||$0.58||$0.67||$4.73 billion||$4.94 billion||View||N/A|
|8/3/2017||Q2 2017||$0.59||$0.72||$4.94 billion||$4.72 billion||View||Listen|
|5/4/2017||Q1 17||$0.67||$0.57||$4.83 billion||$4.84 billion||View||Listen|
|2/17/2017||Q416||$0.79||$0.82||$4.88 billion||$4.99 billion||View||Listen|
|11/3/2016||Q316||$0.87||$1.13||$3.64 billion||$4.77 billion||View||Listen|
|8/4/2016||Q216||$0.88||$0.72||$4.73 billion||$4.86 billion||View||Listen|
|5/5/2016||Q116||$0.85||$0.85||$4.44 billion||$4.42 billion||View||Listen|
|2/18/2016||Q415||$0.93||$0.68||$4.56 billion||$4.37 billion||View||Listen|
|10/29/2015||Q315||$1.12||$1.21||$5.13 billion||$4.38 billion||View||Listen|
|7/30/2015||Q215||$1.05||$1.00||$5.03 billion||$4.81 billion||View||Listen|
|4/30/2015||Q115||$0.98||$0.96||$5.35 billion||$4.59 billion||View||Listen|
|2/18/2015||Q414||$1.10||$1.41||$5.83 billion||$5.46 billion||View||Listen|
|10/30/2014||Q314||$1.10||$1.15||$6.04 billion||$5.44 billion||View||Listen|
|7/31/2014||Q214||$0.99||$1.02||$5.98 billion||$5.25 billion||View||Listen|
|5/1/2014||Q114||$0.97||$0.92||$6.42 billion||$5.38 billion||View||Listen|
|2/18/2014||Q413||$0.97||$1.01||$6.79 billion||$6.29 billion||View||Listen|
|10/31/2013||Q313||$1.03||$1.05||$7.23 billion||$6.68 billion||View||Listen|
|8/1/2013||Q2 2013||$1.01||$0.98||$7.26 billion||$7.19 billion||View||Listen|
|5/2/2013||Q1 2013||$0.96||$1.02||$6.89 billion||$7.19 billion||View||Listen|
|2/20/2013||Q4 2012||$0.98||$1.58||$7.20 billion||$7.02 billion||View||Listen|
|11/1/2012||Q312||$0.96||$0.86||$7.13 billion||$7.14 billion||View||N/A|
Earnings Estimates for Fluor Corporation (NYSE:FLR)
2017 EPS Consensus Estimate: $2.65
2018 EPS Consensus Estimate: $2.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fluor Corporation (NYSE:FLR)
|Dividend Growth:||20.50% (3 Year Average)|
|Payout Ratio:||58.74% (Trailing 12 Months of Earnings) |
53.85% (Based on This Year's Estimates)
36.68% (Based on Next Year's Estimates)
Dividend History by Quarter for Fluor Corporation (NYSE FLR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fluor Corporation (NYSE FLR)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 82.30%
Insider Trades by Quarter for Fluor Corporation (NYSE FLR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/21/2017||David Thomas Seaton||Chairman||Sell||40,000||$47.57||$1,902,800.00|| |
|3/14/2017||Robin K Chopra||Insider||Sell||1,800||$53.85||$96,930.00|| |
|3/1/2017||Ray F Barnard||Insider||Sell||7,490||$57.18||$428,278.20|| |
|8/26/2015||Deborah D Mcwhinney||Director||Buy||2,352||$42.50||$99,960.00|| |
|3/10/2015||Gary G Smalley||Insider||Sell||3,883||$57.27||$222,379.41|| |
|8/21/2014||David Thomas Seaton||CEO||Sell||92,384||$74.14||$6,849,349.76|| |
|5/6/2014||Gary Smalley||Insider||Sell||1,261||$74.29||$93,679.69|| |
|1/21/2014||David Dunning||Insider||Sell||3,418||$83.00||$283,694.00|| |
|1/17/2014||Garry William Flowers||Insider||Sell||18,315||$82.00||$1,501,830.00|| |
|11/21/2013||Kirk Grimes||Insider||Sell||49,282||$77.82||$3,835,125.24|| |
|11/8/2013||David Thomas Seaton||CEO||Sell||141,326||$76.07||$10,750,668.82|| |
|11/7/2013||David Dunning||Insider||Sell||32,597||$76.05||$2,479,001.85|| |
|11/5/2013||Bruce Stanski||Insider||Sell||35,247||$75.69||$2,667,845.43|| |
Latest Headlines for Fluor Corporation (NYSE FLR)
Fluor Corporation (NYSE FLR) Chart for Thursday, November, 23, 2017