Flexsteel Industries (FLXS) to Release Quarterly Earnings on Monday

Flexsteel Industries (NASDAQ:FLXS) is anticipated to announce its Q3 2026 results after the market closes on Monday, April 20th. Analysts expect the company to announce earnings of $0.8850 per share and revenue of $118.3160 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Tuesday, April 21, 2026 at 9:00 AM ET.

Flexsteel Industries (NASDAQ:FLXS) last issued its quarterly earnings data on Monday, February 2nd. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.39. The business had revenue of $118.25 million for the quarter, compared to the consensus estimate of $107.51 million. Flexsteel Industries had a net margin of 4.58% and a return on equity of 16.67%. On average, analysts expect Flexsteel Industries to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Flexsteel Industries Stock Performance

Shares of Flexsteel Industries stock opened at $48.49 on Monday. The company’s fifty day simple moving average is $49.02 and its two-hundred day simple moving average is $43.01. The company has a market cap of $259.42 million, a P/E ratio of 13.21, a PEG ratio of 0.99 and a beta of 0.52. Flexsteel Industries has a 12-month low of $29.38 and a 12-month high of $59.95.

Flexsteel Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Monday, March 30th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.6%. Flexsteel Industries’s dividend payout ratio is currently 21.80%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FLXS. Zacks Research downgraded shares of Flexsteel Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen raised shares of Flexsteel Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Flexsteel Industries in a research report on Friday, March 27th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Flexsteel Industries has a consensus rating of “Hold”.

Hedge Funds Weigh In On Flexsteel Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd lifted its stake in Flexsteel Industries by 88.2% during the 4th quarter. Quadrature Capital Ltd now owns 8,701 shares of the company’s stock valued at $344,000 after acquiring an additional 4,077 shares during the period. Lazard Asset Management LLC lifted its stake in Flexsteel Industries by 140.9% during the 4th quarter. Lazard Asset Management LLC now owns 20,628 shares of the company’s stock valued at $815,000 after acquiring an additional 12,064 shares during the period. Panagora Asset Management Inc. lifted its stake in Flexsteel Industries by 7.5% during the 4th quarter. Panagora Asset Management Inc. now owns 24,006 shares of the company’s stock valued at $948,000 after acquiring an additional 1,667 shares during the period. Mariner LLC bought a new position in Flexsteel Industries during the 4th quarter valued at about $46,099,000. Finally, Barclays PLC lifted its stake in Flexsteel Industries by 6.4% during the 4th quarter. Barclays PLC now owns 5,527 shares of the company’s stock valued at $218,000 after acquiring an additional 333 shares during the period. Institutional investors own 36.27% of the company’s stock.

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.