Sidoti Csr Predicts Higher Earnings for Flexsteel Industries

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Stock analysts at Sidoti Csr boosted their Q2 2026 earnings per share (EPS) estimates for Flexsteel Industries in a research note issued to investors on Wednesday, August 20th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.89 for the quarter, up from their prior estimate of $0.88. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries’ Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.11 EPS, Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $1.17 EPS, Q4 2027 earnings at $1.22 EPS and FY2027 earnings at $4.29 EPS.

Flexsteel Industries (NASDAQ:FLXS) last issued its quarterly earnings results on Monday, August 18th. The company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.56. The business had revenue of $114.61 million for the quarter, compared to analyst estimates of $111.93 million. Flexsteel Industries had a return on equity of 14.96% and a net margin of 4.57%.During the same period last year, the company posted $0.75 earnings per share. Flexsteel Industries has set its Q1 2026 guidance at EPS.

Separately, Wall Street Zen lowered Flexsteel Industries from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th.

Flexsteel Industries Trading Up 4.2%

Shares of Flexsteel Industries stock opened at $43.97 on Friday. The business’s fifty day simple moving average is $36.91 and its 200 day simple moving average is $37.27. The firm has a market capitalization of $231.72 million, a P/E ratio of 12.42, a price-to-earnings-growth ratio of 0.96 and a beta of 0.32. Flexsteel Industries has a 12 month low of $29.38 and a 12 month high of $65.87.

Institutional Trading of Flexsteel Industries

Large investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position in shares of Flexsteel Industries by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,219 shares of the company’s stock valued at $556,000 after purchasing an additional 226 shares in the last quarter. Geode Capital Management LLC lifted its stake in Flexsteel Industries by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 95,508 shares of the company’s stock worth $5,191,000 after purchasing an additional 253 shares during the last quarter. Marion Wealth Management lifted its stake in Flexsteel Industries by 1.2% during the first quarter. Marion Wealth Management now owns 32,048 shares of the company’s stock worth $1,170,000 after purchasing an additional 388 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Flexsteel Industries by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 11,745 shares of the company’s stock valued at $423,000 after acquiring an additional 467 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of Flexsteel Industries by 7.8% in the 1st quarter. Rhumbline Advisers now owns 7,788 shares of the company’s stock valued at $284,000 after acquiring an additional 565 shares during the last quarter. 36.27% of the stock is owned by hedge funds and other institutional investors.

Flexsteel Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 7th. Shareholders of record on Wednesday, June 25th were given a $0.20 dividend. This is an increase from Flexsteel Industries’s previous quarterly dividend of $0.17. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 25th. Flexsteel Industries’s dividend payout ratio (DPR) is 22.60%.

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.