NYSE:FLS Flowserve - FLS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $31.41 +0.11 (+0.35%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$31.18▼$32.1750-Day Range$30.20▼$36.7552-Week Range$23.89▼$37.59Volume733,893 shsAverage Volume897,346 shsMarket Capitalization$4.12 billionP/E Ratio21.97Dividend Yield2.55%Price Target$35.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Flowserve MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside11.4% Upside$35.00 Price TargetShort InterestBearish3.12% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth25.90%From $1.66 to $2.09 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.2.98 out of 5 starsIndustrial Products Sector10th out of 177 stocksPumps & Pumping Equipment Industry1st out of 7 stocks 3.2 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 $35.00, Flowserve has a forecasted upside of 11.4% from its current price of $31.41.Amount of Analyst CoverageFlowserve has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.12% 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 5.Change versus previous monthShort interest in Flowserve has recently increased by 0.99%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldFlowserve pays a meaningful dividend of 2.54%, 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 55.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Flowserve will have a dividend payout ratio of 38.28% 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 3.7 News and Social Media Coverage News SentimentFlowserve has a news sentiment score of 0.60. 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 is a higher news sentiment than the 0.47 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Flowserve this week, compared to 4 articles on an average week.Search Interest13 people have searched for FLS on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat Follows3 people have added Flowserve to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 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 0.64% 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 25.90% in the coming year, from $1.66 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flowserve is 21.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Flowserve is 21.97, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.03.Price to Earnings Growth RatioFlowserve has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioFlowserve has a P/B Ratio of 2.21. 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 the following segments: Flowserve Pumps Division and Flow Control Division. The Flowserve Pumps Division segment provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services. The Flow Control Division segment involves 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 HeadlinesMarch 23, 2023 | finance.yahoo.comFlowserve (FLS) Down 7.8% Since Last Earnings Report: Can It Rebound?March 21, 2023 | finance.yahoo.comFlowserve to Present at Bank of America’s Global Industrials Conference and Attend the UBS 17th Annual Infrastructure ConferenceMarch 23, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 21, 2023 | americanbankingnews.comFlowserve Co. (NYSE:FLS) Declares $0.20 Quarterly DividendMarch 20, 2023 | finance.yahoo.comFlowserve (NYSE:FLS) Has More To Do To Multiply In Value Going ForwardMarch 19, 2023 | americanbankingnews.comBrokerages Set Flowserve Co. (NYSE:FLS) PT at $35.00March 15, 2023 | marketwatch.comFlowserve Corp. stock underperforms Monday when compared to competitorsMarch 15, 2023 | marketwatch.comFlowserve Corp. stock outperforms competitors on strong trading dayMarch 23, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 5, 2023 | finance.yahoo.comFlowserve's (NYSE:FLS) Dividend Will Be $0.20February 28, 2023 | finance.yahoo.comFlowserve and Clariter Announce Collaboration Agreement to Reduce Plastic Waste Through Commercial-Scale Chemical Recycling PlantsFebruary 23, 2023 | finance.yahoo.comFlowserve (FLS) Q4 Earnings & Sales Beat, Increase Y/YFebruary 23, 2023 | finance.yahoo.comFlowserve Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 21, 2023 | finance.yahoo.comFlowserve (FLS) Tops Q4 Earnings and Revenue EstimatesFebruary 21, 2023 | finance.yahoo.comFlowserve Corporation Reports Fourth Quarter and Full Year 2022 ResultsFebruary 16, 2023 | finance.yahoo.comShould You Buy Flowserve (FLS) Ahead of Earnings?February 16, 2023 | finance.yahoo.comShareholders 14% loss in Flowserve (NYSE:FLS) partly attributable to the company's decline in earnings over past three yearsFebruary 13, 2023 | finance.yahoo.comFlowserve (FLS) to Acquire Montreal-Based Velan for $245MFebruary 13, 2023 | finance.yahoo.comStrength Seen in Flowserve (FLS): Can Its 8.5% Jump Turn into More Strength?February 13, 2023 | markets.businessinsider.comOppenheimer Reaffirms Their Hold Rating on Flowserve (FLS)February 10, 2023 | finance.yahoo.comFlowserve to Acquire Velan in an All-cash Transaction Valued at Approximately $245 million (C$329 million)February 10, 2023 | finance.yahoo.comFlowserve Announces Preliminary Fourth Quarter 2022 Results and Initiates 2023 GuidanceFebruary 2, 2023 | marketwatch.comFlowserve Corp. stock rises Tuesday, still underperforms marketFebruary 2, 2023 | msn.comFlowserve upgraded to Buy at BofA on valuation, clean-energy incentivesJanuary 21, 2023 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Flowserve (FLS)January 20, 2023 | finance.yahoo.comHere's Why You Should Hold On to Flowserve (FLS) Stock NowJanuary 10, 2023 | finance.yahoo.comFlowserve to Support the Development of Aramco’s Landmark Jafurah ProjectSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Last Earnings2/22/2023Today3/23/2023Ex-Dividend for 4/7 Dividend3/23/2023Dividend Payable4/07/2023Next Earnings (Estimated)5/01/2023Fiscal 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$35.00 High Stock Price Forecast$42.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+11.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio21.97 Forward P/E Ratio18.92 P/E Growth0.86Net Income$188.69 million Net Margins5.22% Pretax Margin4.27% Return on Equity8.14% Return on Assets3.11% Debt Debt-to-Equity Ratio0.66 Current Ratio1.97 Quick Ratio1.33 Sales & Book Value Annual Sales$3.62 billion Price / Sales1.14 Cash Flow$1.84 per share Price / Cash Flow17.06 Book Value$14.22 per share Price / Book2.21Miscellaneous Outstanding Shares131,118,000Free Float130,279,000Market Cap$4.12 billion OptionableOptionable Beta1.61 Key ExecutivesRobert Scott RowePresident, Chief Executive Officer & DirectorAmy B. SchwetzChief Financial Officer & Senior Vice PresidentTauseef SalmaVice President-Marketing & TechnologyKeith E. GillespieChief Sales Officer & Senior Vice PresidentElizabeth L. BurgerChief Human Resources Officer & Senior VPKey CompetitorsGracoNYSE:GGGMueller IndustriesNYSE:MLIFranklin ElectricNASDAQ:FELECasella Waste SystemsNASDAQ:CWSTAltra Industrial MotionNASDAQ:AIMCView All CompetitorsInstitutional OwnershipMetLife Investment Management LLCSold 1,646 shares on 3/23/2023Ownership: 0.063%Rockefeller Capital Management L.P.Bought 8,941 shares on 3/6/2023Ownership: 0.008%Voya Investment Management LLCSold 23,057 shares on 2/28/2023Ownership: 0.389%Northwestern Mutual Investment Management Company LLCSold 6,780 shares on 2/21/2023Ownership: 0.009%Macquarie Group Ltd.Bought 417 shares on 2/21/2023Ownership: 0.002%View All Institutional Transactions FLS Stock - Frequently Asked Questions Should I buy or sell Flowserve stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1-year price objectives for Flowserve's stock. Their FLS share price forecasts range from $25.00 to $42.00. On average, they expect the company's stock price to reach $35.00 in the next year. This suggests a possible upside of 11.4% 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 start of the year. Since then, FLS stock has increased by 2.4% and is now trading at $31.41. View the best growth stocks for 2023 here. When is Flowserve's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our FLS earnings forecast. How were Flowserve's earnings last quarter? Flowserve Co. (NYSE:FLS) issued its quarterly earnings results on Wednesday, February, 22nd. The industrial products company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.20. The industrial products company had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.01 billion. Flowserve had a net margin of 5.22% and a trailing twelve-month return on equity of 8.14%. The firm's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period last year, the company posted $0.45 earnings per share. How often does Flowserve pay dividends? What is the dividend yield for Flowserve? Flowserve declared a quarterly dividend on Wednesday, March 1st. Stockholders of record on Friday, March 24th will be given a dividend of $0.20 per share on Friday, April 7th. This represents a $0.80 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, March 23rd. 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), 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), SPDR S&P 400 Mid Cap Value ETF (MDYV), iShares S&P Mid-Cap 400 Value ETF (IJJ), Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and John Hancock Multifactor Small Cap ETF (JHSC). 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 2.54%. The dividend payout ratio is 55.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLS will have a dividend payout ratio of 38.28% 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 FY23 earnings guidance on Tuesday, February, 21st. The company provided earnings per share guidance of $1.50-$1.75 for the period, compared to the consensus earnings per share estimate of $1.67. The company issued revenue guidance of $3.94-$4.01 billion, compared to the consensus revenue estimate of $3.94 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 a variety of institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (8.42%), Nordea Investment Management AB (4.22%), Earnest Partners LLC (2.68%), Geode Capital Management LLC (1.36%), Dimensional Fund Advisors LP (1.34%) and ANTIPODES PARTNERS Ltd (1.25%). 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 $31.41. How much money does Flowserve make? Flowserve (NYSE:FLS) has a market capitalization of $4.12 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 $1.43 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 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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