NYSE:FLS Flowserve (FLS) Stock Forecast, Price & News $35.63 +2.55 (+7.71%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$33.67▼$35.6550-Day Range$31.81▼$36.1052-Week Range$23.89▼$38.86Volume1.46 million shsAverage Volume873,034 shsMarket Capitalization$4.67 billionP/E Ratio20.36Dividend Yield2.25%Price Target$36.78 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Flowserve MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.2% Upside$36.78 Price TargetShort InterestHealthy2.33% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.58Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth22.65%From $1.81 to $2.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsIndustrial Products Sector10th out of 178 stocksPumps & Pumping Equipment Industry1st out of 7 stocks 1.2 Analyst's Opinion Consensus RatingFlowserve has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.78, Flowserve has a forecasted upside of 3.2% from its current price of $35.63.Amount of Analyst CoverageFlowserve has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.33% of the outstanding shares of Flowserve have been sold short.Short Interest Ratio / Days to CoverFlowserve has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flowserve has recently decreased by 6.71%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldFlowserve pays a meaningful dividend of 2.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFlowserve does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Flowserve is 45.71%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Flowserve will have a dividend payout ratio of 36.04% next year. This indicates that Flowserve will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FLS. Previous Next 2.5 News and Social Media Coverage News SentimentFlowserve has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Flowserve this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for FLS on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows2 people have added Flowserve to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flowserve insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.66% of the stock of Flowserve is held by insiders.Percentage Held by Institutions99.88% of the stock of Flowserve is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Flowserve are expected to grow by 22.65% in the coming year, from $1.81 to $2.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flowserve is 20.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Flowserve is 20.36, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.90.Price to Earnings Growth RatioFlowserve has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioFlowserve has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Flowserve (NYSE:FLS) StockFlowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through Flowserve Pumps Division and Flow Control Division segments. The Flowserve Pumps Division provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts, and related services. The Flow Control Division is involved in engineered and industrial valves, control valves, actuators and controls and related services. The company was founded in 1790 and is headquartered in Irving, TX.Read More Receive FLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flowserve and its competitors with MarketBeat's FREE daily newsletter. Email Address FLS Stock News HeadlinesJune 2, 2023 | msn.comFlowserve (FLS) Declares $0.20 DividendJune 2, 2023 | americanbankingnews.comFlowserve Co. (NYSE:FLS) Declares Quarterly Dividend of $0.20June 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.June 1, 2023 | finance.yahoo.comFlowserve to Participate in June Investor ConferencesMay 31, 2023 | finance.yahoo.comWhy Is Flowserve (FLS) Down 3.3% Since Last Earnings Report?May 30, 2023 | finance.yahoo.comFlowserve Holds 2023 Annual Meeting of ShareholdersMay 30, 2023 | seekingalpha.comFlowserve: Business Is Moving In The Right DirectionMay 29, 2023 | msn.comFlowserve Needs Margin StabilityJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 28, 2023 | fool.comFlowserve (NYSE: FLS)May 23, 2023 | forbes.comPumping Up Premium With Flowserve Buy WriteMay 21, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) Research Coverage Started at StockNews.comMay 21, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) Earns Buy Rating from Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comFlowserve Co. (NYSE:FLS) Short Interest UpdateMay 15, 2023 | marketwatch.comLearn to Evaluate Flowserve ($FLS) using the ChartsMay 10, 2023 | marketwatch.comFlowserve Corp. stock rises Tuesday, outperforms marketMay 10, 2023 | markets.businessinsider.comFlowserve (FLS) Receives a Hold from OppenheimerMay 10, 2023 | marketwatch.comFlowserve Corp. stock falls Wednesday, underperforms marketMay 8, 2023 | americanbankingnews.comAnalysts Set Flowserve Co. (NYSE:FLS) Price Target at $36.78May 5, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) PT Raised to $38.00May 5, 2023 | marketwatch.comFlowserve Corp. stock underperforms Thursday when compared to competitorsMay 4, 2023 | finance.yahoo.comFlowserve to Present at Goldman Sachs Industrials & Materials Conference and Participate Virtually in the Oppenheimer 18th Annual Industrial Growth ConferenceMay 4, 2023 | finance.yahoo.comWhat Makes Flowserve (FLS) a Strong Momentum Stock: Buy Now?May 4, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) Price Target Increased to $40.00 by Analysts at MizuhoMay 2, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) Posts Earnings Results, Beats Expectations By $0.14 EPSMay 1, 2023 | finance.yahoo.comFlowserve (FLS) Q1 Earnings and Revenues Surpass EstimatesMay 1, 2023 | finance.yahoo.comFlowserve Corporation Reports First Quarter 2023 Results; Raises 2023 Financial GuidanceSee More Headlines FLS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLS Company Calendar Ex-Dividend for 4/7 Dividend3/23/2023Dividend Payable4/07/2023Last Earnings5/01/2023Today6/03/2023Ex-Dividend for 7/7 Dividend6/22/2023Dividend Payable7/07/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pumps & pumping equipment Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:FLS CUSIP34354P10 CIK30625 Webwww.flowserve.com Phone(972) 443-6500Fax972-443-6800Employees16,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.78 High Stock Price Forecast$42.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+3.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.75 Trailing P/E Ratio20.36 Forward P/E Ratio19.69 P/E Growth0.82Net Income$188.69 million Net Margins6.13% Pretax Margin5.28% Return on Equity10.44% Return on Assets4.00% Debt Debt-to-Equity Ratio0.64 Current Ratio1.92 Quick Ratio1.26 Sales & Book Value Annual Sales$3.62 billion Price / Sales1.29 Cash Flow$1.97 per share Price / Cash Flow18.07 Book Value$14.33 per share Price / Book2.49Miscellaneous Outstanding Shares131,150,000Free Float130,283,000Market Cap$4.67 billion OptionableOptionable Beta1.62 Key ExecutivesRobert Scott RowePresident, Chief Executive Officer & DirectorAmy B. SchwetzChief Financial Officer & Senior Vice PresidentKarthik SivaramanVice President-Technology & InnovationElizabeth L. BurgerChief Human Resources Officer & Senior VPSusan Claire HudsonSecretary, Chief Legal Officer & Senior VPKey CompetitorsGracoNYSE:GGGIDEXNYSE:IEXXylemNYSE:XYLMueller IndustriesNYSE:MLIFranklin ElectricNASDAQ:FELEView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 69,423 shares on 6/1/2023Ownership: 0.053%ProShare Advisors LLCSold 736 shares on 5/26/2023Ownership: 0.006%Ameriprise Financial Inc.Sold 699 shares on 5/22/2023Ownership: 0.181%JPMorgan Chase & Co.Bought 9,859 shares on 5/18/2023Ownership: 0.205%Thrivent Financial for LutheransSold 320 shares on 5/17/2023Ownership: 0.026%View All Institutional Transactions FLS Stock - Frequently Asked Questions Should I buy or sell Flowserve stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLS, but not buy additional shares or sell existing shares. View FLS analyst ratings or view top-rated stocks. What is Flowserve's stock price forecast for 2023? 9 Wall Street research analysts have issued 12 month target prices for Flowserve's shares. Their FLS share price forecasts range from $30.00 to $42.00. On average, they anticipate the company's stock price to reach $36.78 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts price targets for FLS or view top-rated stocks among Wall Street analysts. How have FLS shares performed in 2023? Flowserve's stock was trading at $30.68 at the beginning of 2023. Since then, FLS shares have increased by 16.1% and is now trading at $35.63. View the best growth stocks for 2023 here. Are investors shorting Flowserve? Flowserve saw a decrease in short interest in May. As of May 15th, there was short interest totaling 3,060,000 shares, a decrease of 6.7% from the April 30th total of 3,280,000 shares. Based on an average trading volume of 889,600 shares, the days-to-cover ratio is presently 3.4 days. View Flowserve's Short Interest. When is Flowserve's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our FLS earnings forecast. How were Flowserve's earnings last quarter? Flowserve Co. (NYSE:FLS) posted its earnings results on Monday, May, 1st. The industrial products company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.14. The industrial products company had revenue of $980.31 million for the quarter, compared to analysts' expectations of $898.83 million. Flowserve had a trailing twelve-month return on equity of 10.44% and a net margin of 6.13%. Flowserve's revenue for the quarter was up 19.4% on a year-over-year basis. During the same period last year, the company posted $0.07 earnings per share. How often does Flowserve pay dividends? What is the dividend yield for Flowserve? Flowserve declared a quarterly dividend on Wednesday, May 31st. Investors of record on Friday, June 23rd will be paid a dividend of $0.20 per share on Friday, July 7th. This represents a $0.80 annualized dividend and a yield of 2.25%. The ex-dividend date is Thursday, June 22nd. Read our dividend analysis for FLS. What ETFs hold Flowserve's stock? ETFs with the largest weight of Flowserve (NYSE:FLS) stock in their portfolio include First Trust Water ETF (FIW), Horizon Kinetics Energy and Remediation ETF (NVIR), Qraft AI-Enhanced Next Value ETF (NVQ), Nuveen Global Net Zero Transition ETF (NTZG), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), iShares S&P Mid-Cap 400 Value ETF (IJJ) and SPDR S&P 400 Mid Cap Value ETF (MDYV). Is Flowserve a good dividend stock? Flowserve (NYSE:FLS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.46%. The dividend payout ratio is 45.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLS will have a dividend payout ratio of 36.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FLS. What guidance has Flowserve issued on next quarter's earnings? Flowserve updated its FY 2023 earnings guidance on Monday, May, 1st. The company provided EPS guidance of $1.65-$1.85 for the period, compared to the consensus EPS estimate of $1.69. The company issued revenue guidance of $3.98 billion-$4.05 billion, compared to the consensus revenue estimate of $3.99 billion. What is Scott Rowe's approval rating as Flowserve's CEO? 147 employees have rated Flowserve Chief Executive Officer Scott Rowe on Glassdoor.com. Scott Rowe has an approval rating of 83% among the company's employees. What other stocks do shareholders of Flowserve own? Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Boeing (BA), QUALCOMM (QCOM), Broadcom (AVGO), Salesforce (CRM), CVS Health (CVS), Wells Fargo & Company (WFC) and Chevron (CVX). What is Flowserve's stock symbol? Flowserve trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLS." Who are Flowserve's major shareholders? Flowserve's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.56%), FMR LLC (8.28%), Wellington Management Group LLP (7.92%), Nordea Investment Management AB (4.18%), State Street Corp (2.87%) and Bank of New York Mellon Corp (2.20%). View institutional ownership trends. How do I buy shares of Flowserve? Shares of FLS 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 Flowserve's stock price today? One share of FLS stock can currently be purchased for approximately $35.63. How much money does Flowserve make? Flowserve (NYSE:FLS) has a market capitalization of $4.67 billion and generates $3.62 billion in revenue each year. The industrial products company earns $188.69 million in net income (profit) each year or $1.75 on an earnings per share basis. How many employees does Flowserve have? The company employs 16,000 workers across the globe. How can I contact Flowserve? Flowserve's mailing address is 5215 N. O`CONNOR BLVD. SUITE 2300, IRVING TX, 75039. The official website for the company is www.flowserve.com. The industrial products company can be reached via phone at (972) 443-6500, via email at mmullin@flowserve.com, or via fax at 972-443-6800. This page (NYSE:FLS) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Flowserve Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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