Flowserve Stock Price, News & Analysis (NYSE:FLS)

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

Flowserve declared a quarterly dividend on Wednesday, August 21st. Stockholders of record on Friday, September 20th will be paid a dividend of $0.19 per share on Friday, October 4th. This represents a $0.76 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, September 19th. View Flowserve's Dividend History.

Flowserve Corp (NYSE:FLS) posted its earnings results on Wednesday, July, 31st. The industrial products company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. The industrial products company had revenue of $990.08 million for the quarter, compared to analysts' expectations of $1 billion. Flowserve had a return on equity of 15.75% and a net margin of 5.41%. Flowserve's quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 earnings per share. View Flowserve's Earnings History.

Flowserve is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Flowserve.

Flowserve will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Flowserve updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $2.05-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.20. The company issued revenue guidance of $3.99-4.02 billion, compared to the consensus revenue estimate of $3.98 billion.

10 analysts have issued 12-month price targets for Flowserve's stock. Their predictions range from $43.00 to $58.00. On average, they expect Flowserve's share price to reach $49.75 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Flowserve.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowserve.

Media stories about FLS stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flowserve earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Flowserve.

Flowserve saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 5,300,000 shares, an increase of 10.6% from the August 30th total of 4,790,000 shares. Based on an average trading volume of 1,090,000 shares, the short-interest ratio is presently 4.9 days. Currently, 4.1% of the shares of the stock are short sold. View Flowserve's Current Options Chain.

Some companies that are related to Flowserve include Xylem (XYL), IDEX (IEX), Graco (GGG), ITT (ITT), Colfax (CFX), Gorman-Rupp (GRC) and Ampco-Pittsburgh (AP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include General Electric (GE), Boeing (BA), salesforce.com (CRM), Mcdonald's (MCD), Gilead Sciences (GILD), Visa (V), Intel (INTC), QUALCOMM (QCOM), Cummins (CMI) and Fluor Co. (NEW) (FLR).

Flowserve's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.19%), Cerebellum GP LLC (0.06%), Cerebellum GP LLC (0.06%), McCollum Christoferson Group LLC (0.06%), DNB Asset Management AS (0.02%) and Neville Rodie & Shaw Inc. (0.02%). 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 State of Alaska Department of Revenue, Envestnet Asset Management Inc., Meeder Asset Management Inc., Zeke Capital Advisors LLC, Neville Rodie & Shaw Inc. and McCollum Christoferson Group LLC. View Insider Buying and Selling for Flowserve.

FLS stock was bought by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Cerebellum GP LLC, Ferguson Wellman Capital Management Inc., Robeco Institutional Asset Management B.V., Fox Run Management L.L.C., Oakbrook Investments LLC, Vista Private Wealth Partners. LLC and DNB Asset Management AS. 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 $46.38.

Flowserve has a market capitalization of $6.08 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]