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 Monday, February 24th. Investors of record on Friday, March 27th will be given a dividend of $0.20 per share on Thursday, April 9th. This represents a $0.80 annualized dividend and a dividend yield of 1.84%. This is an increase from Flowserve's previous quarterly dividend of $0.19. View Flowserve's Dividend History.

Flowserve Corp (NYSE:FLS) posted its quarterly earnings data on Monday, February, 17th. The industrial products company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. The industrial products company earned $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. Flowserve had a return on equity of 16.44% and a net margin of 6.43%. During the same period in the previous year, the business earned $0.58 EPS. View Flowserve's Earnings History.

Flowserve is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Flowserve.

Flowserve issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of $2.30-2.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.46. The company issued revenue guidance of +3-5% yr/yr to $4.06-4.14 billion, compared to the consensus revenue estimate of $4.09 billion.

7 Wall Street analysts have issued 1-year price objectives for Flowserve's shares. Their forecasts range from $43.00 to $58.00. On average, they expect Flowserve's share price to reach $50.67 in the next twelve months. This suggests a possible upside of 16.3% 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 stories about FLS stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press 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 negative five to five, with scores nearest to five being the most favorable. Flowserve earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Flowserve.

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), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), Woodward, Inc.Common Stock (WWD), 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), General Electric (GE), Mcdonald's (MCD), salesforce.com (CRM), IBM (IBM), UnitedHealth Group (UNH), Wells Fargo & Co (WFC) and Intel (INTC).

Flowserve's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (9.26%), State Street Corp (4.11%), FMR LLC (3.74%), Caisse DE Depot ET Placement DU Quebec (2.19%), Massachusetts Financial Services Co. MA (1.90%) and Geode Capital Management LLC (1.59%). Company insiders that own Flowserve stock include John Lenander and Lanesha Minnix. View Institutional Ownership Trends for Flowserve.

FLS stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Janus Henderson Group PLC, Golub Group LLC, AQR Capital Management LLC, FMR LLC, New York State Common Retirement Fund, Fjarde AP Fonden Fourth Swedish National Pension Fund and Bank of New York Mellon Corp. 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 bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Westfield Capital Management Co. LP, Massachusetts Financial Services Co. MA, Credit Suisse AG, Goldman Sachs Group Inc., Man Group plc, Geode Capital Management LLC and State Street Corp. 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 $43.57.

Flowserve has a market capitalization of $5.70 billion and generates $3.94 billion in revenue each year. The industrial products company earns $253.67 million in net income (profit) each year or $2.20 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]