Sidoti Csr Has Optimistic Outlook of FLXS Q1 Earnings

Key Points

• Sidoti Csr has raised its Q1 2026 earnings per share (EPS) estimate for Flexsteel Industries to $0.78, up from $0.65, while the full-year earnings estimate stands at $3.53 per share.
• Flexsteel recently declared a quarterly dividend of $0.20 per share, featuring a positive increase from the previous quarterly dividend of $0.17, which represents an annualized yield of 1.8%.
• Flexsteel Industries reported a significant earnings beat in Q2, posting $1.40 EPS against consensus estimates of $0.84, alongside a revenue of $114.61 million, exceeding analyst expectations.

Flexsteel Industries, Inc. (NASDAQ:FLXS - Free Report) - Research analysts at Sidoti Csr raised their Q1 2026 EPS estimates for Flexsteel Industries in a note issued to investors on Wednesday, August 20th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of $0.78 per share for the quarter, up from their prior forecast of $0.65. 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 $3.85 EPS.

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

Flexsteel Industries Price Performance

Shares of FLXS stock opened at $43.97 on Monday. The firm's 50-day simple moving average is $36.91 and its 200-day simple moving average is $36.98. Flexsteel Industries has a 1-year low of $29.38 and a 1-year high of $65.87. The firm has a market cap of $231.72 million, a P/E ratio of 12.42, a PEG ratio of 0.95 and a beta of 0.32.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last announced its 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 analyst estimates of $111.93 million. Flexsteel Industries had a net margin of 4.57% and a return on equity of 14.96%. During the same quarter last year, the business earned $0.75 earnings per share. Flexsteel Industries has set its Q1 2026 guidance at EPS.

Flexsteel Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 7th. Shareholders 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 yield of 1.8%. This is a positive change from Flexsteel Industries's previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, June 25th. Flexsteel Industries's dividend payout ratio is presently 22.60%.

Institutional Investors Weigh In On Flexsteel Industries

Several large investors have recently made changes to their positions in FLXS. Geode Capital Management LLC boosted its position in shares of Flexsteel Industries by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 95,508 shares of the company's stock worth $5,191,000 after buying an additional 253 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Flexsteel Industries by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,739 shares of the company's stock valued at $149,000 after buying an additional 620 shares during the period. Invesco Ltd. lifted its position in Flexsteel Industries by 14.9% during the 4th quarter. Invesco Ltd. now owns 14,814 shares of the company's stock worth $805,000 after acquiring an additional 1,916 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Flexsteel Industries in the 4th quarter worth approximately $414,000. Finally, Barclays PLC boosted its holdings in Flexsteel Industries by 14.2% in the 4th quarter. Barclays PLC now owns 7,018 shares of the company's stock worth $381,000 after acquiring an additional 871 shares during the period. Institutional investors and hedge funds own 36.27% of the company's stock.

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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