
Flexsteel Industries, Inc. (NASDAQ:FLXS – Free Report) – Equities research analysts at Sidoti Csr upped their FY2027 earnings estimates for shares of Flexsteel Industries in a note issued to investors on Wednesday, February 4th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $4.18 per share for the year, up from their previous forecast of $3.75. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.53 per share.
Flexsteel Industries (NASDAQ:FLXS – Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.39. Flexsteel Industries had a net margin of 4.58% and a return on equity of 16.67%. The company had revenue of $118.25 million for the quarter, compared to analyst estimates of $107.51 million.
View Our Latest Analysis on FLXS
Flexsteel Industries Stock Performance
NASDAQ:FLXS opened at $57.55 on Friday. Flexsteel Industries has a 52 week low of $29.38 and a 52 week high of $59.95. The firm has a 50-day moving average price of $41.29 and a two-hundred day moving average price of $40.70. The firm has a market cap of $307.89 million, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 0.94 and a beta of 0.51.
Institutional Trading of Flexsteel Industries
A number of large investors have recently bought and sold shares of the company. Copeland Capital Management LLC purchased a new stake in Flexsteel Industries in the fourth quarter worth $59,000. Marion Wealth Management grew its stake in shares of Flexsteel Industries by 1.7% during the 4th quarter. Marion Wealth Management now owns 34,525 shares of the company’s stock worth $1,421,000 after acquiring an additional 589 shares during the period. Farther Finance Advisors LLC bought a new position in shares of Flexsteel Industries during the 4th quarter worth $49,000. State of Alaska Department of Revenue purchased a new stake in Flexsteel Industries in the 4th quarter worth about $38,000. Finally, Ritholtz Wealth Management raised its stake in Flexsteel Industries by 42.4% in the 4th quarter. Ritholtz Wealth Management now owns 10,699 shares of the company’s stock valued at $423,000 after acquiring an additional 3,188 shares during the period. 36.27% of the stock is owned by hedge funds and other institutional investors.
Flexsteel Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Monday, December 29th were paid a $0.20 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.80 annualized dividend and a yield of 1.4%. Flexsteel Industries’s dividend payout ratio is presently 21.80%.
Key Flexsteel Industries News
Here are the key news stories impacting Flexsteel Industries this week:
- Positive Sentiment: Q2 results and market-share gains — Seeking Alpha highlights that Flexsteel delivered a “double beat” for fiscal Q2, gained share through improved product lines and wider distribution, and appears to be executing well in a difficult furnishings backdrop. Flexsteel: Thriving In A Turbulent Industry Environment
- Positive Sentiment: Analyst upgrades raise forward EPS expectations — Sidoti’s A. Lebiedzinski has nudged multiple quarterly and full‑year EPS forecasts higher (examples include FY2026 and FY2027 lifts), signaling improved analyst conviction in Flexsteel’s earnings trajectory. That revision activity supports the rally. MarketBeat Sidoti Coverage
- Positive Sentiment: Zacks interest — FLXS was added to Zacks Rank #1 (Strong Buy) lists (including “New Strong Buy” and “Best Value” mentions) and appears in Zacks commentary on rising estimates, which can attract momentum and quant-driven flows. New Strong Buy Stocks for February 6th
- Neutral Sentiment: Sector relative performance — A Zacks note compares Flexsteel to the broader consumer discretionary sector year‑to‑date; the company has outperformed peers so far, but broader sector trends (housing, durable goods demand) remain relevant context. Are Consumer Discretionary Stocks Lagging Flexsteel (FLXS) This Year?
- Negative Sentiment: Margin headwinds reiterated — Seeking Alpha (and management/analyst commentary) warns of margin pressure in calendar 2026. Even with stronger top-line execution and share gains, compression in gross or operating margins could limit EPS upside and temper valuation multiples. Flexsteel Reiterates Margin Headwinds In Calendar 2026
About Flexsteel Industries
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.
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