Flowers Foods (FLO) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLO, but not buy additional shares or sell existing shares.
View FLO analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12 month price objectives for Flowers Foods' stock. Their FLO share price targets range from $23.00 to $25.00. On average, they expect the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for FLO or view top-rated stocks among Wall Street analysts.

Flowers Foods' stock was trading at $22.51 at the start of the year. Since then, FLO shares have increased by 3.7% and is now trading at $23.3450.
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Flowers Foods saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 2,300,000 shares, a drop of 14.2% from the March 15th total of 2,680,000 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.2% of the company's shares are sold short.
View Flowers Foods' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our FLO earnings forecast.

Flowers Foods, Inc. (NYSE:FLO) issued its quarterly earnings data on Friday, February, 9th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.20. The company had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. Flowers Foods had a net margin of 2.42% and a trailing twelve-month return on equity of 18.15%. The company's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 EPS.

Flowers Foods declared a quarterly dividend on Friday, February 16th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.23 per share on Friday, March 15th. This represents a $0.92 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for FLO.

Flowers Foods (NYSE:FLO) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.97%. FLO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 158.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FLO will have a dividend payout ratio of 68.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLO.

ETFs with the largest weight of Flowers Foods (NYSE:FLO) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Victoryshares Dividend Accelerator ETF (VSDA), First Trust Consumer Staples AlphaDEX Fund (FXG), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), First Trust Nasdaq Food & Beverage ETF (FTXG), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Invesco S&P MidCap Low Volatility ETF (XMLV) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Flowers Foods updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 1.200-1.300 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.2 billion.

18 employees have rated Flowers Foods Chief Executive Officer Ryals McMullian on Glassdoor.com. Ryals McMullian has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowers Foods investors own include JinkoSolar (JKS), Procter & Gamble (PG), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Coca-Cola (KO), Pfizer (PFE), General Mills (GIS), Altria Group (MO) and Walmart (WMT).

Flowers Foods' stock is owned by many different retail and institutional investors. Top institutional investors include Thomasville National Bank (0.16%), Salem Investment Counselors Inc. (0.11%), Allen Mooney & Barnes Investment Advisors LLC (0.11%), Coston McIsaac & Partners (0.09%), Alaska Permanent Fund Corp (0.06%) and Murphy Middleton Hinkle & Parker Inc. (0.03%). Insiders that own company stock include Edward J Jr Casey, H Mark Courtney, Heeth Iv Varnedoe, Melvin T Stith, R Steve Kinsey, Ryals Mcmullian, Terry S Thomas and Thomas Caldecot Chubb III.
View institutional ownership trends.

Shares of FLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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