Sidoti Csr Lifts Earnings Estimates for Flexsteel Industries

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Investment analysts at Sidoti Csr increased their Q1 2026 earnings estimates for Flexsteel Industries in a research note issued to investors on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of $0.89 per share for the quarter, up from their prior forecast of $0.84. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.25 per share. Sidoti Csr also issued estimates for Flexsteel Industries’ Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.97 EPS, Q4 2026 earnings at $1.12 EPS and FY2026 earnings at $3.84 EPS.

Separately, StockNews.com raised Flexsteel Industries from a “hold” rating to a “buy” rating in a report on Wednesday, August 21st.

Flexsteel Industries Trading Up 1.8 %

Shares of FLXS stock opened at $58.02 on Tuesday. Flexsteel Industries has a 12-month low of $15.67 and a 12-month high of $59.68. The firm has a 50 day moving average price of $43.51 and a two-hundred day moving average price of $38.06. The company has a quick ratio of 0.97, a current ratio of 2.57 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $299.15 million, a PE ratio of 19.67, a price-to-earnings-growth ratio of 1.41 and a beta of 0.46.

Flexsteel Industries (NASDAQ:FLXS) last announced its earnings results on Monday, October 21st. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.62 by $0.12. Flexsteel Industries had a net margin of 3.30% and a return on equity of 10.23%. The business had revenue of $104.01 million during the quarter, compared to the consensus estimate of $101.60 million. During the same quarter in the previous year, the firm posted $0.14 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Denali Advisors LLC acquired a new stake in shares of Flexsteel Industries in the first quarter valued at approximately $127,000. Rhumbline Advisers raised its holdings in Flexsteel Industries by 1,647.7% in the 2nd quarter. Rhumbline Advisers now owns 5,313 shares of the company’s stock valued at $165,000 after acquiring an additional 5,009 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of Flexsteel Industries during the 1st quarter valued at $195,000. Marshall Wace LLP bought a new stake in shares of Flexsteel Industries during the 2nd quarter valued at $217,000. Finally, Ritholtz Wealth Management acquired a new stake in shares of Flexsteel Industries during the 2nd quarter worth $219,000. Institutional investors and hedge funds own 36.27% of the company’s stock.

Flexsteel Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 7th. Shareholders of record on Wednesday, September 25th were paid a $0.17 dividend. This is a boost from Flexsteel Industries’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $0.68 annualized dividend and a yield of 1.17%. Flexsteel Industries’s payout ratio is 23.05%.

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.