Sidoti Csr Has Positive Forecast for FLXS Q3 Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS - Free Report) - Stock analysts at Sidoti Csr lifted their Q3 2025 earnings per share estimates for shares of Flexsteel Industries in a research note issued on Tuesday, February 4th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of $0.88 per share for the quarter, up from their previous estimate of $0.81. The consensus estimate for Flexsteel Industries' current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries' FY2025 earnings at $3.53 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.02 EPS and FY2026 earnings at $4.04 EPS.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.21. Flexsteel Industries had a return on equity of 11.25% and a net margin of 4.63%.

Flexsteel Industries Stock Performance

Shares of NASDAQ:FLXS traded down $4.01 during trading on Wednesday, reaching $52.46. The stock had a trading volume of 38,996 shares, compared to its average volume of 29,792. Flexsteel Industries has a 52 week low of $28.81 and a 52 week high of $65.87. The firm's fifty day moving average is $55.11 and its 200 day moving average is $49.00. The stock has a market cap of $276.46 million, a price-to-earnings ratio of 14.65, a P/E/G ratio of 1.33 and a beta of 0.39.

Flexsteel Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Saturday, December 28th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.68 annualized dividend and a dividend yield of 1.30%. Flexsteel Industries's dividend payout ratio is currently 18.99%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FLXS. Marshall Wace LLP bought a new stake in Flexsteel Industries during the 2nd quarter worth approximately $217,000. Squarepoint Ops LLC boosted its holdings in Flexsteel Industries by 48.1% during the 2nd quarter. Squarepoint Ops LLC now owns 12,474 shares of the company's stock worth $387,000 after acquiring an additional 4,049 shares during the last quarter. Marion Wealth Management raised its holdings in shares of Flexsteel Industries by 3.6% in the third quarter. Marion Wealth Management now owns 31,660 shares of the company's stock valued at $1,402,000 after purchasing an additional 1,101 shares during the last quarter. Ritholtz Wealth Management raised its holdings in shares of Flexsteel Industries by 47.9% in the third quarter. Ritholtz Wealth Management now owns 10,416 shares of the company's stock valued at $461,000 after purchasing an additional 3,375 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Flexsteel Industries by 5.1% in the 3rd quarter. Empowered Funds LLC now owns 22,048 shares of the company's stock worth $977,000 after purchasing an additional 1,072 shares in the last quarter. 36.27% of the stock is owned by institutional investors and hedge funds.

Flexsteel Industries Company Profile

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.