Flexsteel Industries (FLXS) Expected to Announce Earnings on Monday

Flexsteel Industries (NASDAQ:FLXS) is projected to issue its quarterly earnings data before the market opens on Monday, February 3rd. Analysts expect the company to announce earnings of $0.74 per share and revenue of $104,613.00 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Flexsteel Industries Stock Performance

Shares of Flexsteel Industries stock opened at $49.88 on Monday. Flexsteel Industries has a 12 month low of $26.62 and a 12 month high of $65.87. The company has a quick ratio of 1.04, a current ratio of 2.84 and a debt-to-equity ratio of 0.02. The stock has a market cap of $259.87 million, a PE ratio of 19.72, a price-to-earnings-growth ratio of 1.32 and a beta of 0.41. The business has a fifty day simple moving average of $56.29 and a 200-day simple moving average of $47.88.

Flexsteel Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Saturday, December 28th were given a dividend of $0.17 per share. The ex-dividend date was Friday, December 27th. This represents a $0.68 dividend on an annualized basis and a yield of 1.36%. Flexsteel Industries’s payout ratio is presently 26.88%.

About Flexsteel Industries

Flexsteel Industries, Inc, together with its subsidiaries, operates as a manufacturer, importer, and markets of upholstered furniture for residential and contract markets in the United States. It provides upholstered furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture.