Flexsteel Industries (FLXS) Expected to Announce Earnings on Monday

Key Points

• Flexsteel Industries is expected to report Q1 2027 results after the market closes on October 19. Analysts forecast earnings of $1.23 per share on revenue of $112.70 million; the conference call is scheduled for October 20 at 9:00 a.m. ET.
• The company exceeded expectations in its previous quarter, posting EPS of $1.33 versus the $1.09 consensus and revenue of $115.37 million versus estimates of $109.51 million.
• Flexsteel recently declared a quarterly dividend of $0.25 per share, equal to a $1.00 annualized payout and a 1.2% yield. Analysts maintain a “Moderate Buy” consensus, although insiders have sold approximately $2.35 million of stock over the past 90 days.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) is expected to be releasing its Q1 2027 results after the market closes on Monday, October 19th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $112.70 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 9:00 AM ET.

Flexsteel Industries (NASDAQ:FLXS - Get Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.24. The business had revenue of $115.37 million for the quarter, compared to analyst estimates of $109.51 million. Flexsteel Industries had a return on equity of 16.11% and a net margin of 7.21%. On average, analysts expect Flexsteel Industries to post $5.29 EPS for the current fiscal year and $6.05 EPS for the next fiscal year.

Flexsteel Industries Stock Performance

NASDAQ FLXS opened at $85.17 on Monday. The stock has a 50-day simple moving average of $81.41 and a 200 day simple moving average of $67.33. The company has a market capitalization of $456.51 million, a PE ratio of 13.71, a P/E/G ratio of 1.34 and a beta of 0.51. Flexsteel Industries has a 12 month low of $34.00 and a 12 month high of $90.64.

Flexsteel Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 12th. Shareholders of record on Wednesday, September 30th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.00 annualized dividend and a yield of 1.2%. Flexsteel Industries's dividend payout ratio is presently 16.10%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Zacks Research upgraded Flexsteel Industries from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 1st. Freedom Capital cut Flexsteel Industries from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. Weiss Ratings upgraded shares of Flexsteel Industries from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday. Finally, Freedom Broker lowered shares of Flexsteel Industries from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $72.00 to $80.00 in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $80.00.

Insiders Place Their Bets

In other news, Director William Creekmuir sold 1,000 shares of the firm's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $81.03, for a total transaction of $81,030.00. Following the sale, the director owned 19,226 shares of the company's stock, valued at $1,557,882.78. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael McClaflin sold 2,500 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $79.57, for a total value of $198,925.00. Following the sale, the insider directly owned 36,026 shares in the company, valued at approximately $2,866,588.82. This represents a 6.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,914 shares of company stock valued at $2,350,392 over the last ninety days. 11.20% of the stock is owned by insiders.

About Flexsteel Industries

Flexsteel Industries, Inc is a furniture manufacturer, importer and marketer based in Dubuque, Iowa. The company serves the residential and contract furniture markets, offering products designed for living rooms, dining rooms, bedrooms and other areas of the home.

Its product portfolio includes upholstered furniture such as sofas, sectionals, chairs and reclining seating, along with wood furniture, dining collections, bedroom furniture, occasional tables and mattresses. Flexsteel is also known for its Blue Steel Spring seating technology, which is incorporated into selected upholstered products.

Flexsteel sells its products through independent furniture retailers, national and regional retail chains, e-commerce channels and interior design professionals.

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