NASDAQ:FLXS

Flexsteel Industries (FLXS) Stock Price, News & Analysis

$37.32
+1.47 (+4.10%)
(As of 05/2/2024 ET)
Today's Range
$35.43
$37.70
50-Day Range
$32.60
$41.31
52-Week Range
$15.67
$41.64
Volume
31,135 shs
Average Volume
29,220 shs
Market Capitalization
$192.20 million
P/E Ratio
12.65
Dividend Yield
1.61%
Price Target
N/A

Flexsteel Industries MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of Flexsteel Industries in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.93%
From $2.09 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.

3.26 out of 5 stars

Consumer Discretionary Sector

131st out of 267 stocks

Household Furniture Industry

5th out of 9 stocks

FLXS stock logo

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

FLXS Stock News Headlines

New Trump Bombshell
I believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think…
Q3 2024 Flexsteel Industries Inc Earnings Call
Flexsteel: Fiscal Q3 Earnings Snapshot
New Trump Bombshell
I believe Donald J. Trump will go down as America’s last Republican president. But NOT for the reasons you may think…
Flexsteel Industries, Inc.
Flexsteel Industries (FLXS) to Release Earnings on Monday
FLXS Flexsteel Industries, Inc.
Flexsteel Industries Inc (FLXS)
3 Home Improvement Stocks for Explosive Returns
Q2 2024 Flexsteel Industries Inc Earnings Call
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
5/02/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/19/2024

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:FLXS
CUSIP
33938210
Employees
1,700
Year Founded
N/A

Profitability

Net Income
$14.78 million
Pretax Margin
2.78%

Debt

Sales & Book Value

Annual Sales
$393.69 million
Cash Flow
$2.01 per share
Book Value
$27.49 per share

Miscellaneous

Free Float
4,331,000
Market Cap
$189.98 million
Optionable
Not Optionable
Beta
0.58
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FLXS Stock Analysis - Frequently Asked Questions

How have FLXS shares performed in 2024?

Flexsteel Industries' stock was trading at $18.85 on January 1st, 2024. Since then, FLXS shares have increased by 98.0% and is now trading at $37.32.
View the best growth stocks for 2024 here
.

Are investors shorting Flexsteel Industries?

Flexsteel Industries saw a increase in short interest in April. As of April 15th, there was short interest totaling 34,700 shares, an increase of 50.2% from the March 31st total of 23,100 shares. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.0% 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, August 19th 2024.
View our FLXS earnings forecast
.

How were Flexsteel Industries' earnings last quarter?

Flexsteel Industries, Inc. (NASDAQ:FLXS) announced its quarterly earnings data on Monday, February, 5th. The company reported $0.57 earnings per share for the quarter, meeting analysts' consensus estimates of $0.57. The firm earned $100.11 million during the quarter, compared to the consensus estimate of $100.09 million. Flexsteel Industries had a trailing twelve-month return on equity of 6.57% and a net margin of 3.87%.

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

Flexsteel Industries announced a quarterly dividend on Tuesday, March 5th. Investors 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 annualized dividend and a dividend yield of 1.61%. 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 1.82%. The dividend payout ratio is 20.34%. 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 guidance has Flexsteel Industries issued on next quarter's earnings?

Flexsteel Industries updated its FY 2025 earnings guidance on Monday, April, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $416.0 million-$432.0 million, compared to the consensus revenue estimate of $427.0 million.

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 variety of retail and institutional investors. Top institutional investors 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 5/2/2024 by MarketBeat.com Staff

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