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NASDAQ:FLXS

Flexsteel Industries (FLXS) Stock Price, News & Analysis

Flexsteel Industries logo
$57.35 -0.95 (-1.63%)
(As of 05:26 PM ET)

About Flexsteel Industries Stock (NASDAQ:FLXS)

Key Stats

Today's Range
$57.06
$58.30
50-Day Range
$42.57
$64.48
52-Week Range
$17.55
$65.87
Volume
19,555 shs
Average Volume
32,001 shs
Market Capitalization
$298.68 million
P/E Ratio
22.67
Dividend Yield
1.19%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company distributes its products through e-commerce channels and dealer sales force. It also engages in export related activities. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.

Flexsteel Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

FLXS MarketRank™: 

Flexsteel Industries scored higher than 78% of companies evaluated by MarketBeat, and ranked 72nd out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Flexsteel Industries.

  • Earnings Growth

    Earnings for Flexsteel Industries are expected to grow by 18.15% in the coming year, from $3.25 to $3.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Flexsteel Industries is 22.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Flexsteel Industries is 22.67, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.22.

  • Price to Earnings Growth Ratio

    Flexsteel Industries has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Flexsteel Industries has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.58% of the float of Flexsteel Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Flexsteel Industries has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Flexsteel Industries has recently decreased by 23.65%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Flexsteel Industries pays a meaningful dividend of 1.17%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Flexsteel Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Flexsteel Industries is 26.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Flexsteel Industries will have a dividend payout ratio of 17.71% next year. This indicates that Flexsteel Industries will be able to sustain or increase its dividend.

  • Read more about Flexsteel Industries' dividend.
  • Percentage of Shares Shorted

    1.58% of the float of Flexsteel Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Flexsteel Industries has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Flexsteel Industries has recently decreased by 23.65%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Flexsteel Industries has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Flexsteel Industries this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for FLXS on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Flexsteel Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,340.00 in company stock.

  • Percentage Held by Insiders

    15.60% of the stock of Flexsteel Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 36.27% of the stock of Flexsteel Industries is held by institutions.

  • Read more about Flexsteel Industries' insider trading history.
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FLXS Stock News Headlines

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Flexsteel Reports Strong Q1 2025 Results and Growth Outlook
See More Headlines

FLXS Stock Analysis - Frequently Asked Questions

Flexsteel Industries' stock was trading at $18.85 at the start of the year. Since then, FLXS stock has increased by 204.2% and is now trading at $57.35.
View the best growth stocks for 2024 here
.

Flexsteel Industries, Inc. (NASDAQ:FLXS) posted its quarterly earnings results on Monday, October, 21st. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.12. The business earned $104.01 million during the quarter, compared to the consensus estimate of $101.60 million. Flexsteel Industries had a trailing twelve-month return on equity of 10.09% and a net margin of 3.30%.

Top institutional shareholders of Flexsteel Industries include Geode Capital Management LLC (1.83%), State Street Corp (1.13%), FMR LLC (0.72%) and Marion Wealth Management (0.61%). Insiders that own company stock include Derek P Schmidt, Michael Joseph Mcclaflin, Timothy Patrick Newlin, Jerald K Dittmer, Thomas M Levine and Kathryn P Dickson.
View institutional ownership trends
.

Shares of FLXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Flexsteel Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Ex-Dividend for 10/7 Dividend
9/25/2024
Dividend Payable
10/07/2024
Last Earnings
10/21/2024
Today
12/23/2024
Ex-Dividend for 1/8 Dividend
12/27/2024
Dividend Payable
1/08/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:FLXS
CUSIP
33938210
Employees
1,500
Year Founded
N/A

Profitability

Net Income
$10.53 million
Pretax Margin
4.78%

Debt

Sales & Book Value

Annual Sales
$422.16 million
Cash Flow
$2.88 per share
Book Value
$29.16 per share

Miscellaneous

Free Float
4,396,000
Market Cap
$301.49 million
Optionable
Not Optionable
Beta
0.40

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This page (NASDAQ:FLXS) was last updated on 12/23/2024 by MarketBeat.com Staff
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