Q1 EPS Estimates for Flexsteel Industries Cut by Sidoti Csr

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 researchers at Sidoti Csr decreased their Q1 2026 earnings per share estimates for shares of Flexsteel Industries in a research note issued to investors on Monday, August 11th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of $0.65 per share for the quarter, down from their previous estimate 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.

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

Flexsteel Industries Price Performance

NASDAQ FLXS traded down $1.12 during mid-day trading on Thursday, reaching $35.29. The stock had a trading volume of 1,325 shares, compared to its average volume of 22,001. Flexsteel Industries has a 1 year low of $29.38 and a 1 year high of $65.87. The stock has a market cap of $185.95 million, a PE ratio of 13.86, a price-to-earnings-growth ratio of 0.79 and a beta of 0.32. The company has a fifty day moving average price of $35.71 and a 200 day moving average price of $37.86.

Institutional Investors Weigh In On Flexsteel Industries

A number of hedge funds have recently modified their holdings of FLXS. US Bancorp DE bought a new stake in shares of Flexsteel Industries during the 1st quarter valued at $26,000. GAMMA Investing LLC grew its position in shares of Flexsteel Industries by 4,864.0% during the 1st quarter. GAMMA Investing LLC now owns 1,241 shares of the company's stock valued at $45,000 after acquiring an additional 1,216 shares during the period. State of Wyoming bought a new stake in shares of Flexsteel Industries during the 4th quarter valued at $52,000. Russell Investments Group Ltd. bought a new stake in shares of Flexsteel Industries during the 1st quarter valued at $58,000. Finally, Jones Financial Companies Lllp grew its position in shares of Flexsteel Industries by 5,214.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company's stock valued at $97,000 after acquiring an additional 2,607 shares during the period. Institutional investors 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, July 7th. Stockholders of record on Wednesday, June 25th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, June 25th. This is a positive change from Flexsteel Industries's previous quarterly dividend of $0.17. Flexsteel Industries's payout ratio is presently 31.50%.

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.

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