Sidoti Csr Issues Optimistic Outlook for FLXS Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Analysts at Sidoti Csr upped their Q3 2026 EPS estimates for Flexsteel Industries in a research note issued on Wednesday, February 4th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.80 for the quarter, up from their prior forecast of $0.69. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries’ Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $4.09 EPS, Q1 2027 earnings at $0.94 EPS, Q2 2027 earnings at $1.01 EPS, Q3 2027 earnings at $1.08 EPS and Q4 2027 earnings at $1.15 EPS.

Other equities research analysts have also recently issued reports about the company. Zacks Research upgraded Flexsteel Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, December 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Flexsteel Industries in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Flexsteel Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 18th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Flexsteel Industries Price Performance

NASDAQ:FLXS opened at $46.03 on Thursday. The firm has a market capitalization of $245.80 million, a P/E ratio of 12.54, a P/E/G ratio of 0.90 and a beta of 0.51. The business has a 50 day simple moving average of $40.92 and a 200 day simple moving average of $40.56. Flexsteel Industries has a 12-month low of $29.38 and a 12-month high of $60.34.

Flexsteel Industries (NASDAQ:FLXS) last posted its earnings results on Monday, February 2nd. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.79 by $0.39. The company had revenue of $118.25 million during the quarter, compared to analyst estimates of $107.51 million. Flexsteel Industries had a return on equity of 16.99% and a net margin of 4.58%.

Flexsteel Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Monday, December 29th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.80 annualized dividend and a yield of 1.7%. Flexsteel Industries’s dividend payout ratio is presently 21.80%.

Hedge Funds Weigh In On Flexsteel Industries

Several large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. lifted its stake in shares of Flexsteel Industries by 24.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,991 shares of the company’s stock worth $92,000 after acquiring an additional 395 shares during the period. First Trust Advisors LP raised its holdings in Flexsteel Industries by 4.1% during the second quarter. First Trust Advisors LP now owns 11,745 shares of the company’s stock worth $423,000 after purchasing an additional 467 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Flexsteel Industries by 149.6% in the third quarter. BNP Paribas Financial Markets now owns 971 shares of the company’s stock worth $45,000 after purchasing an additional 582 shares during the period. Marion Wealth Management boosted its stake in Flexsteel Industries by 1.7% during the 4th quarter. Marion Wealth Management now owns 34,525 shares of the company’s stock valued at $1,421,000 after purchasing an additional 589 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in Flexsteel Industries by 2,200.0% during the 3rd quarter. IFP Advisors Inc now owns 621 shares of the company’s stock valued at $29,000 after purchasing an additional 594 shares in the last quarter. Institutional investors and hedge funds own 36.27% of the company’s stock.

Key Stories Impacting Flexsteel Industries

Here are the key news stories impacting Flexsteel Industries this week:

• Positive Sentiment: Analysts are lifting earnings forecasts across multiple quarters and the fiscal year after recent beats, supporting a higher earnings trajectory and valuation. This momentum is a primary driver of the stock’s uptick. Earnings Estimates Rising for Flexsteel (FLXS): Will It Gain?
• Positive Sentiment: Sidoti raised several quarter and full-year estimates (including FY2026 to $4.09), reflecting increased analyst confidence in near-term earnings power — a catalyst for further upside if results track these revisions. Sidoti research note / MarketBeat FLXS page
• Positive Sentiment: Industry analysis highlights that Flexsteel delivered a double beat and is gaining share via product and distribution improvements, suggesting its strategy is working even in a weak demand backdrop. That execution story underpins investor optimism. Flexsteel: Thriving In A Turbulent Industry Environment
• Neutral Sentiment: Recent earnings-call transcripts and coverage provide more detail for modeling (pricing, channel performance, timing of tariff impacts) but don’t change the fundamentals immediately — useful for investors building or updating forecasts. Flexsteel (FLXS) Q1 2025 Earnings Call Transcript
• Neutral Sentiment: Sidoti made a very small downward tweak to one quarter (Q2 2027 from $1.02 to $1.01) — immaterial on its own but worth noting when aggregating estimates. Sidoti research note / MarketBeat FLXS page
• Negative Sentiment: Multiple analysts and write-ups warn of renewed margin headwinds in calendar 2026 as tariffs and cost shifts pressure input costs and mix; if margins deteriorate, upside from earnings revisions could be limited. Flexsteel Reiterates Margin Headwinds In Calendar 2026
• Negative Sentiment: Coverage highlights tariff-driven demand and cost uncertainty that could compress margins and slow revenue growth if consumer demand softens further — a key risk to monitor. Flexsteel signals margin pressure ahead as tariffs reshape cost structure and demand

Flexsteel Industries Company Profile

Flexsteel Industries, Inc (NASDAQ: FLXS) is a U.S.-based furniture manufacturer specializing in the design, production, and marketing of residential upholstered furniture and wood casegoods. The company operates through two primary segments: Upholstery, which encompasses seating products such as sofas, loveseats, chairs, recliners, and sectionals; and Casegoods, which includes accent and occasional tables, cabinets, bookcases, and other wood-based furnishings. Flexsteel sells its products through a network of independent retailers, furniture stores, and distributors across North America.

Flexsteel’s upholstery segment is distinguished by its patented Blue Steel Spring® technology, which offers enhanced longevity and comfort by replacing conventional webbing and springs with a welded steel seat suspension.