NASDAQ:FLXS - Flexsteel Industries Stock Price, Forecast & News

Flexsteel Industries' stock was trading at $12.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FLXS stock has decreased by 18.2% and is now trading at $9.92. View which stocks have been mosted impacted by Coronavirus.

Flexsteel Industries is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Flexsteel Industries.

Flexsteel Industries, Inc. (NASDAQ:FLXS) released its quarterly earnings results on Monday, January, 27th. The company reported ($0.19) earnings per share (EPS) for the quarter. The company earned $102.95 million during the quarter. Flexsteel Industries had a negative return on equity of 1.28% and a negative net margin of 7.54%. View Flexsteel Industries' earnings history.

Flexsteel Industries declared a quarterly dividend on Wednesday, March 11th. Investors of record on Friday, March 20th will be paid a dividend of $0.22 per share on Monday, April 6th. This represents a $0.88 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend is Thursday, March 19th. View Flexsteel Industries' dividend history.

News stories about FLXS stock have trended extremely negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flexsteel Industries earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutFlexsteel Industries.

Flexsteel Industries saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 132,100 shares, a drop of 22.4% from the February 27th total of 170,200 shares. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 3.8 days. Approximately 1.8% of the company's stock are sold short. View Flexsteel Industries' Current Options Chain.

Some companies that are related to Flexsteel Industries include Mohawk Industries (MHK), Leggett & Platt (LEG), Tempur Sealy International (TPX), La-Z-Boy (LZB), Ethan Allen Interiors (ETH), Hooker Furniture (HOFT) and Bassett Furniture Industries (BSET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Flexsteel Industries investors own include AT&T (T), IBM (IBM), Kohl's (KSS), Altria Group (MO), Marathon Petroleum (MPC), Verizon Communications (VZ), Comcast (CMCSA), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA) and AbbVie (ABBV).

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

Shares of FLXS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FLXS stock can currently be purchased for approximately $9.92.

Flexsteel Industries has a market capitalization of $79.26 million and generates $443.59 million in revenue each year. Flexsteel Industries employs 1,295 workers across the globe. View additional information about Flexsteel Industries.

The official website for Flexsteel Industries is http://www.flexsteel.com/.

Flexsteel Industries' mailing address is 385 BELL STREET, DUBUQUE IA, 52001. The company can be reached via phone at 563-556-7730 or via email at [email protected]