Flexsteel Industries - FLXS Stock Forecast, Price & News

Flexsteel Industries' stock was trading at $15.40 on January 1st, 2023. Since then, FLXS shares have increased by 25.5% and is now trading at $19.32.
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Flexsteel Industries saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 24,000 shares, an increase of 9.1% from the December 31st total of 22,000 shares. Based on an average daily volume of 12,500 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.6% of the company's shares are sold short.
View Flexsteel Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our FLXS earnings forecast.

Flexsteel Industries will be holding an earnings conference call on Tuesday, February 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1489243".

Flexsteel Industries, Inc. (NASDAQ:FLXS) announced its quarterly earnings results on Thursday, April, 20th. The company reported $0.96 EPS for the quarter, missing the consensus estimate of $1.11 by $0.15. The business earned $120.75 million during the quarter. Flexsteel Industries had a negative net margin of 0.44% and a positive trailing twelve-month return on equity of 0.75%.

Flexsteel Industries declared a quarterly dividend on Tuesday, December 13th. Shareholders of record on Wednesday, December 28th will be given a dividend of $0.15 per share on Monday, January 9th. This represents a $0.60 annualized dividend and a yield of 3.11%. The ex-dividend date is Tuesday, December 27th.
Read our dividend analysis for FLXS.

Flexsteel Industries (NASDAQ:FLXS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.20%.
Read our dividend analysis for FLXS.

12 employees have rated Flexsteel Industries Chief Executive Officer Jerald Dittmer on Glassdoor.com. Jerald Dittmer has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Flexsteel Industries investors own include Main Street Capital (MAIN), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), Boeing (BA), Enterprise Products Partners (EPD), Energy Transfer (ET), General Motors (GM), Southwest Airlines (LUV) and Mastercard (MA).

Flexsteel Industries trades on the NASDAQ under the ticker symbol "FLXS."

Flexsteel Industries' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Marion Wealth Management (0.44%). Insiders that own company stock include Carl Anthony Jr Hayden, Derek P Schmidt, Derek P Schmidt, Jerald K Dittmer, Kathryn P Dickson, Matthew Kaness, Michael Joseph Mcclaflin, Terrence Heath Willis, Thomas M Levine and William S Creekmuir.
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Shares of FLXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FLXS stock can currently be purchased for approximately $19.32.

Flexsteel Industries (NASDAQ:FLXS) has a market capitalization of $101.82 million and generates $544.28 million in revenue each year. The company earns $1.85 million in net income (profit) each year or ($0.31) on an earnings per share basis.

The company employs 1,800 workers across the globe.

Flexsteel Industries' mailing address is 385 Bell Street, Dubuque IA, 52001. The official website for the company is www.flexsteel.com. The company can be reached via phone at (563) 556-7730, via email at flxs@finprofiles.com, or via fax at 563-556-8345.