Sidoti Csr Issues Pessimistic Estimate for FLXS Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS - Free Report) - Analysts at Sidoti Csr cut their FY2025 EPS estimates for shares of Flexsteel Industries in a research report issued on Monday, April 14th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $3.40 for the year, down from their previous forecast of $3.53. The consensus estimate for Flexsteel Industries' current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries' Q1 2026 earnings at $0.74 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.94 EPS and FY2026 earnings at $3.58 EPS.

Flexsteel Industries Trading Up 4.0 %

Shares of FLXS traded up $1.25 during mid-day trading on Wednesday, hitting $32.70. The company's stock had a trading volume of 21,701 shares, compared to its average volume of 30,202. The company's 50-day moving average is $40.22 and its 200-day moving average is $49.35. Flexsteel Industries has a 52-week low of $28.81 and a 52-week high of $65.87. The firm has a market capitalization of $172.30 million, a price-to-earnings ratio of 9.13, a PEG ratio of 1.14 and a beta of 0.23.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Wednesday, March 26th were paid a $0.17 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $0.68 annualized dividend and a yield of 2.08%. Flexsteel Industries's dividend payout ratio (DPR) is presently 18.99%.

Institutional Trading of Flexsteel Industries

A number of institutional investors have recently modified their holdings of FLXS. State of Wyoming purchased a new position in Flexsteel Industries in the 4th quarter worth $52,000. GAMMA Investing LLC increased its stake in Flexsteel Industries by 4,864.0% during the 1st quarter. GAMMA Investing LLC now owns 1,241 shares of the company's stock worth $45,000 after buying an additional 1,216 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Flexsteel Industries during the fourth quarter valued at approximately $70,000. SG Americas Securities LLC purchased a new position in shares of Flexsteel Industries in the fourth quarter valued at approximately $106,000. Finally, Wells Fargo & Company MN increased its position in shares of Flexsteel Industries by 29.3% during the fourth quarter. Wells Fargo & Company MN now owns 2,739 shares of the company's stock worth $149,000 after purchasing an additional 620 shares in the last quarter. 36.27% of the stock is currently owned by institutional investors.

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.