How have FLXS shares performed in 2024?

Flexsteel Industries' stock was trading at $18.85 at the beginning of 2024. Since then, FLXS stock has increased by 98.9% and is now trading at $37.49. View the best growth stocks for 2024 here .

Are investors shorting Flexsteel Industries?

Flexsteel Industries saw a decline in short interest in March. As of March 31st, there was short interest totaling 23,100 shares, a decline of 7.6% from the March 15th total of 25,000 shares. Based on an average trading volume of 32,400 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.7% of the shares of the stock are sold short. View Flexsteel Industries' Short Interest .

When is Flexsteel Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our FLXS earnings forecast .

How can I listen to Flexsteel Industries' earnings call?

Flexsteel Industries will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9414420".

How were Flexsteel Industries' earnings last quarter?

Flexsteel Industries, Inc. (NASDAQ:FLXS) released its quarterly earnings results on Monday, February, 5th. The company reported $0.57 EPS for the quarter, meeting analysts' consensus estimates of $0.57. The company earned $100.11 million during the quarter, compared to analysts' expectations of $100.09 million. Flexsteel Industries had a trailing twelve-month return on equity of 5.13% and a net margin of 3.86%.

How often does Flexsteel Industries pay dividends? What is the dividend yield for Flexsteel Industries?

Flexsteel Industries declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Tuesday, March 26th will be paid a dividend of $0.15 per share on Thursday, April 4th. This represents a $0.60 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Monday, March 25th. Read our dividend analysis for FLXS .

Is Flexsteel Industries a good dividend stock?

Flexsteel Industries (NASDAQ:FLXS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.60%. The dividend payout ratio is 20.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLXS will have a dividend payout ratio of 19.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FLXS .

What is Jerald Dittmer's approval rating as Flexsteel Industries' CEO?

12 employees have rated Flexsteel Industries Chief Executive Officer Jerald Dittmer on Glassdoor.com . Jerald Dittmer has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Flexsteel Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flexsteel Industries investors own include Main Street Capital (MAIN) , NVIDIA (NVDA) , QUALCOMM (QCOM) , AT&T (T) , Boeing (BA) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , General Motors (GM) , Southwest Airlines (LUV) and Mastercard (MA) .

Who are Flexsteel Industries' major shareholders?

Flexsteel Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Marion Wealth Management (0.58%), Weitzel Financial Services Inc. (0.14%) and Denali Advisors LLC (0.07%). Insiders that own company stock include Derek P Schmidt , Jerald K Dittmer , Kathryn P Dickson , Matthew Kaness , Thomas M Levine , Timothy Patrick Newlin and William S Creekmuir . View institutional ownership trends .

How do I buy shares of Flexsteel Industries?

Shares of FLXS 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. Compare Top Brokerages Here .

NASDAQ:FLXS

Flexsteel Industries (FLXS) Stock Price, News & Analysis

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Free FLXS Stock Alerts

$37.49

+0.07 (+0.19%)

(As of 04/19/2024 ET)

Compare

Today's Range: $36.97
▼
$37.76
50-Day Range: $32.60
▼
$41.31
52-Week Range: $15.67
▼
$41.64

Volume: 12,300 shs
Average Volume: 25,579 shs
Market Capitalization: $193.07 million

P/E Ratio: 12.93
Dividend Yield: 1.60%
Price Target: N/A

Get Flexsteel Industries alerts:

Flexsteel Industries MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.65% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.68
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 56.41%
From $1.95 to $3.05 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Consumer Discretionary Sector

96th out of 265 stocks

Household Furniture Industry

3rd out of 8 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Flexsteel Industries.

5.0

Short Interest

Percentage of Shares Shorted
0.65% of the float of Flexsteel Industries has been sold short.
Short Interest Ratio / Days to Cover
Flexsteel Industries has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Flexsteel Industries has recently decreased by 7.60%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Flexsteel Industries pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Flexsteel Industries does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Flexsteel Industries is 20.69%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Flexsteel Industries will have a dividend payout ratio of 19.67% next year. This indicates that Flexsteel Industries will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FLXS.

2.6

News and Social Media Coverage

News Sentiment
Flexsteel Industries has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Flexsteel Industries this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for FLXS on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Flexsteel Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.90% of the stock of Flexsteel Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 36.27% of the stock of Flexsteel Industries is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Flexsteel Industries are expected to grow by 56.41% in the coming year, from $1.95 to $3.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Flexsteel Industries is 12.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Flexsteel Industries is 12.93, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.43.
Price to Earnings Growth Ratio
Flexsteel Industries has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Flexsteel Industries has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Flexsteel Industries Stock (NASDAQ:FLXS)

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. The company distributes its products through e-commerce channels and dealer sales force. It also engages in export related activities. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.

FLXS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FLXS Stock News Headlines

April 17, 2024 | americanbankingnews.com

Flexsteel Industries (NASDAQ:FLXS) Downgraded to Hold at StockNews.com

April 15, 2024 | businesswire.com

Flexsteel Industries, Inc. to Announce Third Quarter 2024 Results on April 29

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 13, 2024 | americanbankingnews.com

Flexsteel Industries (NASDAQ:FLXS) Shares Cross Above 200-Day Moving Average of $25.40

March 26, 2024 | seekingalpha.com

Flexsteel Industries: Navigating A Recovering Furniture Market

March 20, 2024 | seekingalpha.com

FLXS Flexsteel Industries, Inc.

March 12, 2024 | msn.com

Lifetime Brands Non-GAAP EPS of $0.29 misses by $0.04, revenue of $203.1M beats by $5.24M

March 6, 2024 | investing.com

Flexsteel Industries Inc (FLXS)

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 5, 2024 | businesswire.com

Flexsteel Industries, Inc. Announces Quarterly Dividend

February 25, 2024 | seekingalpha.com

Flexsteel Is Going In The Right Direction But Is Too Expensive

February 24, 2024 | benzinga.com

Flexsteel Industries Stock (NASDAQ:FLXS), Quotes and News Summary

February 22, 2024 | finance.yahoo.com

The Zacks Analyst Blog Highlights Carrols Restaurant Group, EZCORP, Flexsteel Industries, American Public Education and Universal Technical Institute

February 21, 2024 | stocknews.com

3 Home Improvement Stocks for Explosive Returns

February 9, 2024 | msn.com

Are Consumer Discretionary Stocks Lagging Flexsteel Industries (FLXS) This Year?

February 9, 2024 | finance.yahoo.com

Are Consumer Discretionary Stocks Lagging Flexsteel Industries (FLXS) This Year?

February 7, 2024 | finance.yahoo.com

Q2 2024 Flexsteel Industries Inc Earnings Call

February 7, 2024 | finance.yahoo.com

Flexsteel Industries, Inc. (NASDAQ:FLXS) Q2 2024 Earnings Call Transcript

February 6, 2024 | msn.com

Flexsteel Announces Georgia Plant Closure for Streamlined Operations

February 5, 2024 | marketwatch.com

Flexsteel Industries to Book Up to $3.2M in Expenses on Georgia Plant Closure

February 5, 2024 | benzinga.com

Flexsteel Industries: Q2 Earnings Insights

February 5, 2024 | finance.yahoo.com

Flexsteel Industries Inc (FLXS) Reports Notable Q2 Fiscal 2024 Results and Manufacturing ...

February 5, 2024 | finance.yahoo.com

Flexsteel Industries, Inc. Reports Strong Fiscal Second Quarter 2024 Results and Announces Manufacturing Network Optimization Actions

February 5, 2024 | finance.yahoo.com

Flexsteel Industries (FLXS) Matches Q2 Earnings Estimates

February 4, 2024 | markets.businessinsider.com

What Wall Street expects from Flexsteel Industries's earnings

February 2, 2024 | benzinga.com

Flexsteel Industries's Earnings Outlook

February 1, 2024 | finance.yahoo.com

Earnings Preview: Legget & Platt (LEG) Q4 Earnings Expected to Decline

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Ex-Dividend for 4/4 Dividend: 3/25/2024
Dividend Payable: 4/04/2024
Today: 4/20/2024
Next Earnings (Confirmed): 4/29/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Household furniture
Sub-Industry: Home Furnishings
Current Symbol: NASDAQ:FLXS
CUSIP: 33938210
CIK: 37472
Web: www.flexsteel.com
Phone: (563) 556-7730
Fax: 563-556-8345
Employees: 1,700
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.90
Trailing P/E Ratio: 12.93
Forward P/E Ratio: 19.23
P/E Growth: 1.6
Net Income: $14.78 million
Net Margins: 3.86%
Pretax Margin: 2.78%
Return on Equity: 5.13%
Return on Assets: 2.57%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 3.07
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $393.69 million
Price / Sales: 0.49
Cash Flow: $1.80 per share
Price / Cash Flow: 20.81
Book Value: $27.49 per share
Price / Book: 1.36

Miscellaneous

Outstanding Shares: 5,150,000
Free Float: 4,331,000
Market Cap: $193.07 million
Optionable: Not Optionable
Beta: 0.53

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Key Executives

Mr. Jerald K. Dittmer (Age 66)
CEO & Director
Comp: $1.67M
Mr. Derek Paul Schmidt (Age 51)
President & Director
Comp: $829.93k
Mr. Michael Ressler
CFO, Treasurer & Secretary
Mr. Michael J. McClaflin (Age 61)
Chief Information & Technology Officer
Comp: $110.55k
Mr. David Edward Crimmins (Age 42)
Vice President of Sales & Product Management
Comp: $352.23k
Ms. Stacy Marie Kammes (Age 44)
VP of Human Resources & Assistant Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FLXS Stock Analysis - Frequently Asked Questions

How have FLXS shares performed in 2024?: Flexsteel Industries' stock was trading at $18.85 at the beginning of 2024. Since then, FLXS stock has increased by 98.9% and is now trading at $37.49.
View the best growth stocks for 2024 here.
Are investors shorting Flexsteel Industries?: Flexsteel Industries saw a decline in short interest in March. As of March 31st, there was short interest totaling 23,100 shares, a decline of 7.6% from the March 15th total of 25,000 shares. Based on an average trading volume of 32,400 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.7% of the shares of the stock are sold short.
View Flexsteel Industries' Short Interest.
When is Flexsteel Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our FLXS earnings forecast.
How can I listen to Flexsteel Industries' earnings call?: Flexsteel Industries will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9414420".
How were Flexsteel Industries' earnings last quarter?: Flexsteel Industries, Inc. (NASDAQ:FLXS) released its quarterly earnings results on Monday, February, 5th. The company reported $0.57 EPS for the quarter, meeting analysts' consensus estimates of $0.57. The company earned $100.11 million during the quarter, compared to analysts' expectations of $100.09 million. Flexsteel Industries had a trailing twelve-month return on equity of 5.13% and a net margin of 3.86%.
How often does Flexsteel Industries pay dividends? What is the dividend yield for Flexsteel Industries?: Flexsteel Industries declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Tuesday, March 26th will be paid a dividend of $0.15 per share on Thursday, April 4th. This represents a $0.60 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Monday, March 25th.
Read our dividend analysis for FLXS.

Is Flexsteel Industries a good dividend stock?: Flexsteel Industries (NASDAQ:FLXS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.60%. The dividend payout ratio is 20.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLXS will have a dividend payout ratio of 19.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLXS.
What is Jerald Dittmer's approval rating as Flexsteel Industries' CEO?: 12 employees have rated Flexsteel Industries Chief Executive Officer Jerald Dittmer on Glassdoor.com. Jerald Dittmer has an approval rating of 76% among the company's employees.
What other stocks do shareholders of Flexsteel Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Flexsteel Industries investors own include Main Street Capital (MAIN), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), Boeing (BA), Enterprise Products Partners (EPD), Energy Transfer (ET), General Motors (GM), Southwest Airlines (LUV) and Mastercard (MA).
Who are Flexsteel Industries' major shareholders?: Flexsteel Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Marion Wealth Management (0.58%), Weitzel Financial Services Inc. (0.14%) and Denali Advisors LLC (0.07%). Insiders that own company stock include Derek P Schmidt, Jerald K Dittmer, Kathryn P Dickson, Matthew Kaness, Thomas M Levine, Timothy Patrick Newlin and William S Creekmuir.
View institutional ownership trends.
How do I buy shares of Flexsteel Industries?: Shares of FLXS 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.
Compare Top Brokerages Here.

This page (NASDAQ:FLXS) was last updated on 4/20/2024 by MarketBeat.com Staff

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Flexsteel Industries (FLXS) Stock Price, News & Analysis

Flexsteel Industries MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Flexsteel Industries Stock (NASDAQ:FLXS)

FLXS Stock Price History

FLXS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

FLXS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™