Q2 EPS Estimate for Flexsteel Industries Boosted by Analyst

Key Points

• Sidoti Csr increased their Q2 2026 earnings per share (EPS) estimate for Flexsteel Industries to $0.89, slightly above the previous forecast of $0.88, with a full-year earnings consensus now projecting $3.53 per share.
• Flexsteel reported $1.40 EPS for the latest quarter, surpassing the consensus estimate of $0.84 by $0.56, accompanied by revenue of $114.61 million, exceeding expectations.
• The company recently boosted its quarterly dividend from $0.17 to $0.20 per share, reflecting confidence in its financial performance and providing a dividend yield of 1.9%.

Flexsteel Industries, Inc. (NASDAQ:FLXS - Free Report) - Equities research analysts at Sidoti Csr raised their Q2 2026 earnings estimates for shares of Flexsteel Industries in a report issued on Wednesday, August 20th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.89 for the quarter, up from their prior estimate of $0.88. The consensus estimate for Flexsteel Industries' current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries' Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.11 EPS, Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $1.17 EPS, Q4 2027 earnings at $1.22 EPS and FY2027 earnings at $4.29 EPS.

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

Flexsteel Industries Stock Down 1.2%

Shares of FLXS stock traded down $0.56 during trading hours on Friday, reaching $45.02. The company's stock had a trading volume of 13,679 shares, compared to its average volume of 24,141. The company has a market capitalization of $237.26 million, a price-to-earnings ratio of 12.72, a PEG ratio of 1.00 and a beta of 0.32. Flexsteel Industries has a fifty-two week low of $29.38 and a fifty-two week high of $65.87. The firm's 50 day simple moving average is $37.36 and its 200-day simple moving average is $37.00.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last announced its quarterly earnings results on Monday, August 18th. The company reported $1.40 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.56. Flexsteel Industries had a return on equity of 14.74% and a net margin of 4.57%.The company had revenue of $114.61 million during the quarter, compared to analysts' expectations of $111.93 million. During the same period in the prior year, the business posted $0.75 EPS. Flexsteel Industries has set its Q1 2026 guidance at EPS.

Institutional Investors Weigh In On Flexsteel Industries

Several hedge funds have recently modified their holdings of FLXS. American Century Companies Inc. raised its position in shares of Flexsteel Industries by 1.5% during the 2nd quarter. American Century Companies Inc. now owns 118,084 shares of the company's stock worth $4,255,000 after purchasing an additional 1,716 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Flexsteel Industries by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 95,508 shares of the company's stock valued at $5,191,000 after purchasing an additional 253 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in Flexsteel Industries by 3.8% in the 2nd 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 during the last quarter. Acadian Asset Management LLC boosted its holdings in Flexsteel Industries by 16.2% in the 2nd quarter. Acadian Asset Management LLC now owns 59,971 shares of the company's stock valued at $2,159,000 after purchasing an additional 8,366 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Flexsteel Industries by 7.2% during the 4th quarter. Northern Trust Corp now owns 54,064 shares of the company's stock worth $2,938,000 after purchasing an additional 3,629 shares during the period. 36.27% of the stock is owned by hedge funds and other institutional investors.

Flexsteel Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 7th. Investors of record on Wednesday, June 25th were paid a $0.20 dividend. This is a positive change from Flexsteel Industries's previous quarterly dividend of $0.17. The ex-dividend date was Wednesday, June 25th. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. Flexsteel Industries's dividend payout ratio (DPR) is 22.60%.

Flexsteel Industries Company Profile

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.