S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
BREAKING: The truth about war with China (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
BREAKING: The truth about war with China (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
BREAKING: The truth about war with China (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
BREAKING: The truth about war with China (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NYSE:FLS

Flowserve (FLS) Stock Forecast, Price & News

$35.63
+2.55 (+7.71%)
(As of 06/2/2023 ET)
Compare
Today's Range
$33.67
$35.65
50-Day Range
$31.81
$36.10
52-Week Range
$23.89
$38.86
Volume
1.46 million shs
Average Volume
873,034 shs
Market Capitalization
$4.67 billion
P/E Ratio
20.36
Dividend Yield
2.25%
Price Target
$36.78

Flowserve MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.2% Upside
$36.78 Price Target
Short Interest
Healthy
2.33% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of Flowserve in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.65%
From $1.81 to $2.22 Per Share

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 stars

Industrial Products Sector

10th out of 178 stocks

Pumps & Pumping Equipment Industry

1st out of 7 stocks


FLS stock logo

About Flowserve (NYSE:FLS) Stock

Flowserve 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.

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.

FLS Stock News Headlines

15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Flowserve Holds 2023 Annual Meeting of Shareholders
Flowserve Needs Margin Stability
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Flowserve (NYSE: FLS)
Flowserve Co. (NYSE:FLS) Short Interest Update
Flowserve (FLS) Receives a Hold from Oppenheimer
Flowserve (NYSE:FLS) PT Raised to $38.00
See More Headlines

FLS Price History

FLS Company Calendar

Ex-Dividend for 4/7 Dividend
3/23/2023
Dividend Payable
4/07/2023
Last Earnings
5/01/2023
Today
6/03/2023
Ex-Dividend for 7/7 Dividend
6/22/2023
Dividend Payable
7/07/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
34354P10
Employees
16,000
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$188.69 million
Pretax Margin
5.28%

Debt

Sales & Book Value

Annual Sales
$3.62 billion
Cash Flow
$1.97 per share
Book Value
$14.33 per share

Miscellaneous

Free Float
130,283,000
Market Cap
$4.67 billion
Optionable
Optionable
Beta
1.62

Key Executives

  • Robert Scott Rowe
    President, Chief Executive Officer & Director
  • Amy B. Schwetz
    Chief Financial Officer & Senior Vice President
  • Karthik Sivaraman
    Vice President-Technology & Innovation
  • Elizabeth L. Burger
    Chief Human Resources Officer & Senior VP
  • Susan Claire Hudson
    Secretary, Chief Legal Officer & Senior VP













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
.

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

My Account -