NYSE:FLS - Flowserve Stock Price, Forecast & News

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

Flowserve declared a quarterly dividend on Tuesday, December 17th. Investors of record on Friday, December 27th will be paid a dividend of $0.19 per share on Friday, January 10th. This represents a $0.76 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, December 26th. View Flowserve's Dividend History.

Flowserve Corp (NYSE:FLS) released its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.03. The industrial products company earned $996.54 million during 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 revenue was up 4.6% on a year-over-year basis. During the same period last year, the company posted $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.

7 analysts have issued 1-year price objectives for Flowserve's stock. Their forecasts range from $43.00 to $58.00. On average, they anticipate Flowserve's share price to reach $51.17 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Flowserve.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowserve.

Media headlines about FLS stock have been trending negative on Wednesday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flowserve earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Flowserve.

Flowserve saw a decrease in short interest during the month of December. As of December 13th, there was short interest totalling 3,450,000 shares, a decrease of 15.2% from the November 28th total of 4,070,000 shares. Based on an average daily trading volume, of 757,300 shares, the short-interest ratio is currently 4.6 days. Approximately 2.6% of the company's stock are sold short. 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), Gardner Denver (GDI), Donaldson (DCI) and ITT (ITT).

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

Flowserve's stock is owned by a variety of of institutional and retail investors. Top institutional investors include SPF Beheer BV (1.30%), Nisa Investment Advisors LLC (0.05%), Woodstock Corp (0.03%), DNB Asset Management AS (0.02%), State of Alaska Department of Revenue (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Flowserve stock include John Lenander, Lanesha Minnix 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 Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue and IFM Investors Pty Ltd. Company insiders that have sold Flowserve company stock in the last year include John Lenander and Lanesha Minnix. View Insider Buying and Selling for Flowserve.

FLS stock was purchased by a variety of institutional investors in the last quarter, including SPF Beheer BV, Wealthfront Advisers LLC, Zeke Capital Advisors LLC, Woodstock Corp 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 $49.13.

Flowserve has a market capitalization of $6.43 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]