Flowers Foods (FLO) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities 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.
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3 brokerages have issued twelve-month target prices for Flowers Foods' stock. Their FLO share price targets range from $23.00 to $25.00. On average, they anticipate the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 8.2% 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 on January 1st, 2024. Since then, FLO stock has decreased by 1.4% and is now trading at $22.19.
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Flowers Foods saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,270,000 shares, a decline of 15.0% from the December 31st total of 2,670,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.2% of the company's shares are short sold.
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) announced its quarterly earnings results on Friday, February, 9th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 trailing twelve-month return on equity of 17.89% and a net margin of 2.42%. The company's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS.

Flowers Foods announced a quarterly dividend on Thursday, November 16th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.23 per share on Friday, December 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, November 30th.
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 4.15%. 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 67.65% 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), Trajan Wealth Income Opportunities ETF (TWIO), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), First Trust Nasdaq Food & Beverage ETF (FTXG) 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 a variety of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (2.17%), Dimensional Fund Advisors LP (1.71%), Charles Schwab Investment Management Inc. (0.89%), Cooke & Bieler LP (0.71%), Truist Financial Corp (0.58%) and California Public Employees Retirement System (0.55%). Insiders that own company stock include H Mark Courtney, Heeth Iv Varnedoe, Melvin T Stith, R Steve Kinsey, Ryals Mcmullian 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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