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. Shareholders of record on Friday, September 20th will be given a dividend of $0.19 per share on Friday, October 4th. This represents a $0.76 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Thursday, September 19th. View Flowserve's Dividend History.

Flowserve Corp (NYSE:FLS) released its earnings results on Wednesday, July, 31st. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.03. The industrial products company had revenue of $990.08 million for the quarter, compared to the consensus estimate of $1 billion. Flowserve had a net margin of 5.41% and a return on equity of 15.75%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 EPS. 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 issued an update on 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 earnings per share 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 brokers have issued 12 month target prices for Flowserve's stock. Their forecasts range from $43.00 to $58.00. On average, they anticipate Flowserve's share price to reach $49.75 in the next twelve months. This suggests a possible upside of 2.8% 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.

News articles about FLS stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Flowserve earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Flowserve.

Flowserve saw a increase in short interest during 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 daily trading volume, of 1,090,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 4.1% of the company's stock are short sold. 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), Middleby (MIDD), Donaldson (DCI), Woodward, Inc.Common Stock (WWD), Pentair (PNR) and Gardner Denver (GDI).

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 many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.19%), John G Ullman & Associates Inc. (0.18%), Rhumbline Advisers (0.18%), State of New Jersey Common Pension Fund D (0.09%), Moody National Bank Trust Division (0.08%) and Cerebellum GP LLC (0.06%). 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, Ridgewood Investments LLC, Neville Rodie & Shaw Inc., Moody National Bank Trust Division and Strs Ohio. View Insider Buying and Selling for Flowserve.

FLS stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, 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 and Vista Private Wealth Partners. LLC. 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 $48.40.

Flowserve has a market capitalization of $6.35 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]