Sidoti Csr Issues Pessimistic Outlook for FLXS Earnings

Key Points

• Sidoti Csr has revised its Q1 2026 earnings per share (EPS) estimate for Flexsteel Industries from $0.75 to $0.65.
• Wall Street Zen downgraded Flexsteel Industries from a "strong-buy" rating to a "buy" rating.
• Flexsteel Industries recently increased its quarterly dividend to $0.20 per share, with a current annual dividend yield of 2.3%.

Flexsteel Industries, Inc. (NASDAQ:FLXS - Free Report) - Equities research analysts at Sidoti Csr decreased their Q1 2026 earnings per share (EPS) estimates for Flexsteel Industries in a note issued to investors on Monday, August 11th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.65 for the quarter, down from their previous forecast of $0.75. The consensus estimate for Flexsteel Industries' current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries' FY2026 earnings at $3.65 EPS.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last posted its quarterly earnings results on Monday, August 18th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.56. The firm had revenue of $114.61 million for the quarter, compared to analysts' expectations of $111.93 million. Flexsteel Industries had a return on equity of 12.72% and a net margin of 3.29%.During the same period in the prior year, the business earned $0.75 EPS. Flexsteel Industries has set its Q1 2026 guidance at EPS.

Separately, Wall Street Zen lowered Flexsteel Industries from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th.

Flexsteel Industries Price Performance

Shares of FLXS stock traded up $5.3050 on Thursday, reaching $41.8550. 131,061 shares of the company were exchanged, compared to its average volume of 23,089. The company has a 50-day moving average of $36.04 and a 200-day moving average of $37.40. The company has a market cap of $220.70 million, a price-to-earnings ratio of 16.48, a PEG ratio of 0.80 and a beta of 0.32. Flexsteel Industries has a one year low of $29.38 and a one year high of $65.87.

Flexsteel Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Wednesday, June 25th were issued a $0.20 dividend. This is a boost from Flexsteel Industries's previous quarterly dividend of $0.17. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Wednesday, June 25th. Flexsteel Industries's dividend payout ratio is 31.50%.

Institutional Investors Weigh In On Flexsteel Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC boosted its holdings in Flexsteel Industries by 20.6% during the 2nd quarter. Lazard Asset Management LLC now owns 9,932 shares of the company's stock worth $357,000 after acquiring an additional 1,697 shares during the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Flexsteel Industries by 3.8% during the second quarter. Bridgeway Capital Management LLC now owns 63,106 shares of the company's stock valued at $2,274,000 after purchasing an additional 2,298 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Flexsteel Industries by 8.9% during the second quarter. Ameriprise Financial Inc. now owns 7,972 shares of the company's stock worth $287,000 after purchasing an additional 653 shares during the last quarter. Qube Research & Technologies Ltd grew its position in Flexsteel Industries by 7.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 28,888 shares of the company's stock worth $1,041,000 after purchasing an additional 1,881 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Flexsteel Industries by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 11,745 shares of the company's stock valued at $423,000 after buying an additional 467 shares during the last quarter. 36.27% of the stock is owned by hedge funds and other 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.