NYSE:FLS - Flowserve Stock Price, Forecast & News

Flowserve trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLS."

Flowserve announced a quarterly dividend on Wednesday, August 21st. Stockholders of record on Friday, September 20th will be given a dividend of $0.19 per share on Friday, October 4th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Thursday, September 19th. View Flowserve's Dividend History.

Flowserve Corp (NYSE:FLS) issued its earnings results on Wednesday, October, 30th. The industrial products company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.03. The industrial products company had revenue of $996.54 million for the quarter, compared to analyst estimates of $1.01 billion. Flowserve had a net margin of 6.39% and a return on equity of 16.21%. The business's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 earnings per share. View Flowserve's Earnings History.

Flowserve is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Flowserve.

Flowserve issued an update on its FY19 earnings guidance on Tuesday, December, 3rd. The company provided EPS guidance of $2.15-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.19.

5 brokerages have issued 12 month price targets for Flowserve's shares. Their forecasts range from $43.00 to $58.00. On average, they expect Flowserve's share price to reach $50.00 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Flowserve.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowserve.

News headlines about FLS stock have been trending somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flowserve earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Flowserve.

Flowserve saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 4,140,000 shares, a decline of 17.4% from the September 30th total of 5,010,000 shares. Based on an average daily trading volume, of 964,300 shares, the days-to-cover ratio is presently 4.3 days. Approximately 3.2% of the shares of the company are short sold. View Flowserve's Current Options Chain.

Some companies that are related to Flowserve include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Gardner Denver (GDI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include Boeing (BA), salesforce.com (CRM), General Electric (GE), Mcdonald's (MCD), UnitedHealth Group (UNH), Gilead Sciences (GILD), Intel (INTC), Cummins (CMI), Visa (V) and Exxon Mobil (XOM).

Flowserve's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (13.28%), State Street Corp (4.05%), Gamco Investors INC. ET AL (1.78%), Massachusetts Financial Services Co. MA (1.76%), Beutel Goodman & Co Ltd. (1.32%) and SPF Beheer BV (1.25%). Company insiders that own Flowserve stock include John Lenander and Ruby R Chandy. View Institutional Ownership Trends for Flowserve.

FLS stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Gamco Investors INC. ET AL, Beutel Goodman & Co Ltd., SPF Beheer BV, State Street Corp, State of Tennessee Treasury Department, Gabelli Funds LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Flowserve.

FLS stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, EdgePoint Investment Group Inc., First Trust Advisors LP, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Cerebellum GP LLC, Cerebellum GP LLC and Sciencast Management LP. View Insider Buying and Selling for Flowserve.

Shares of FLS 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, Robinhood, Fidelity and Charles Schwab.

One share of FLS stock can currently be purchased for approximately $47.00.

Flowserve has a market capitalization of $6.15 billion and generates $3.83 billion in revenue each year. The industrial products company earns $119.67 million in net income (profit) each year or $1.75 on an earnings per share basis. Flowserve employs 17,000 workers across the globe.View Additional Information About Flowserve.

The official website for Flowserve is http://www.flowserve.com/.

Flowserve's mailing address is 5215 N. O`CONNOR BLVD. SUITE 2300, IRVING TX, 75039. The industrial products company can be reached via phone at 972-443-6500 or via email at [email protected]