Flexsteel Industries, Inc. (NASDAQ:FLXS – Free Report) – Investment analysts at Sidoti Csr raised their Q1 2026 earnings per share estimates for shares of Flexsteel Industries in a research report issued to clients and investors on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.89 for the quarter, up from their previous forecast of $0.84. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.25 per share. Sidoti Csr also issued estimates for Flexsteel Industries’ Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.97 EPS, Q4 2026 earnings at $1.12 EPS and FY2026 earnings at $3.84 EPS.
Flexsteel Industries (NASDAQ:FLXS – Get Free Report) last issued its earnings results on Monday, October 21st. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.12. The firm had revenue of $104.01 million for the quarter, compared to analysts’ expectations of $101.60 million. Flexsteel Industries had a return on equity of 10.23% and a net margin of 3.30%. During the same quarter last year, the business earned $0.14 earnings per share.
Read Our Latest Stock Analysis on Flexsteel Industries
Flexsteel Industries Stock Up 2.1 %
Flexsteel Industries stock opened at $59.25 on Tuesday. The firm has a market capitalization of $305.49 million, a price-to-earnings ratio of 20.08, a PEG ratio of 1.41 and a beta of 0.46. The company’s 50 day simple moving average is $43.94 and its 200 day simple moving average is $38.21. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.57 and a quick ratio of 0.97. Flexsteel Industries has a fifty-two week low of $15.67 and a fifty-two week high of $59.68.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Denali Advisors LLC acquired a new stake in shares of Flexsteel Industries in the first quarter valued at approximately $127,000. Hillsdale Investment Management Inc. bought a new position in Flexsteel Industries in the first quarter valued at $195,000. Rhumbline Advisers increased its stake in Flexsteel Industries by 1,647.7% in the 2nd quarter. Rhumbline Advisers now owns 5,313 shares of the company’s stock valued at $165,000 after buying an additional 5,009 shares during the last quarter. Marshall Wace LLP bought a new stake in Flexsteel Industries during the 2nd quarter worth about $217,000. Finally, Ritholtz Wealth Management acquired a new position in shares of Flexsteel Industries during the 2nd quarter worth about $219,000. Institutional investors own 36.27% of the company’s stock.
Flexsteel Industries Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, October 7th. Shareholders of record on Wednesday, September 25th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.15%. This is a boost from Flexsteel Industries’s previous quarterly dividend of $0.15. The ex-dividend date was Wednesday, September 25th. Flexsteel Industries’s payout ratio is presently 23.05%.
Flexsteel Industries Company Profile
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.
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