NASDAQ:FLXS Flexsteel Industries (FLXS) Stock Forecast, Price & News $20.76 +0.55 (+2.72%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$20.00▼$20.7650-Day Range$18.70▼$23.5952-Week Range$13.46▼$24.96Volume7,001 shsAverage Volume16,322 shsMarket Capitalization$107.12 millionP/E Ratio7.49Dividend Yield2.89%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Flexsteel Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.60% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth48.59%From $1.77 to $2.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.93 out of 5 starsConsumer Discretionary Sector25th out of 273 stocksHousehold Furniture Industry1st out of 9 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Flexsteel Industries. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.60% of the float of Flexsteel Industries has been sold short.Short Interest Ratio / Days to CoverFlexsteel Industries has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flexsteel Industries has recently increased by 22.16%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldFlexsteel Industries pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFlexsteel Industries does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Flexsteel Industries is 21.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Flexsteel Industries will have a dividend payout ratio of 22.81% next year. This indicates that Flexsteel Industries will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FLXS. Previous Next 2.5 News and Social Media Coverage News SentimentFlexsteel Industries has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Flexsteel Industries this week, compared to 1 article on an average week.Search Interest3 people have searched for FLXS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Flexsteel Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flexsteel Industries insiders have not sold or bought any company stock.Percentage Held by Insiders12.00% of the stock of Flexsteel Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.45% of the stock of Flexsteel Industries is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Flexsteel Industries are expected to grow by 48.59% in the coming year, from $1.77 to $2.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flexsteel Industries is 7.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Flexsteel Industries is 7.49, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.74.Price to Earnings Growth RatioFlexsteel Industries has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioFlexsteel Industries has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Flexsteel Industries (NASDAQ:FLXS) StockFlexsteel 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 and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The company distributes its products through e-commerce channels and dealer network. It also engages in export related activities. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.Read More FLXS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLXS Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comUnraveling Flexsteel Industries Inc's Dividend Performance: A Deep DiveSeptember 24, 2023 | americanbankingnews.comStockNews.com Upgrades Flexsteel Industries (NASDAQ:FLXS) to "Strong-Buy"October 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 1, 2023 | stocknews.comTop 3 Home Improvement Stocks Flashing Buy SignalsAugust 23, 2023 | finance.yahoo.comFlexsteel Industries, Inc. (NASDAQ:FLXS) Q4 2023 Earnings Call TranscriptAugust 23, 2023 | finance.yahoo.comQ4 2023 Flexsteel Industries Inc Earnings CallAugust 21, 2023 | finance.yahoo.comFlexsteel Industries, Inc. Reports Fiscal Fourth Quarter and Full Year 2023 ResultsAugust 20, 2023 | markets.businessinsider.comHere's what Wall Street expects from Flexsteel Industries's earnings reportOctober 1, 2023 | Oxford Club (Ad)Better Than Oil StocksThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. August 7, 2023 | finance.yahoo.comFlexsteel Industries, Inc. to Announce Fourth Quarter 2023 Results on August 21August 3, 2023 | msn.comWillScot (WSC) Q2 Earnings and Revenues Top EstimatesJune 28, 2023 | msn.comFlexsteel Industries: A Good Opportunity For Long-Term Dividend InvestorsJune 28, 2023 | uk.finance.yahoo.comFLXS - Flexsteel Industries, Inc.June 12, 2023 | finance.yahoo.com4 Furniture Stocks Worth Watching in a Challenging IndustryMay 26, 2023 | fool.comFlexsteel Industries (NASDAQ: FLXS)May 3, 2023 | finance.yahoo.comQ3 2023 Flexsteel Industries Inc Earnings CallMay 1, 2023 | finance.yahoo.comFlexsteel Industries (FLXS) Q3 Earnings and Revenues Top EstimatesMay 1, 2023 | finance.yahoo.comFlexsteel Industries, Inc. Reports Fiscal Third Quarter 2023 ResultsApril 17, 2023 | finance.yahoo.comFlexsteel Industries, Inc. to Announce Third Quarter 2023 Results on Monday, May 1March 30, 2023 | seekingalpha.comFlexsteel Industries: Temporary Headwinds Pose A Good Opportunity For Long-Term InvestorsMarch 26, 2023 | seekingalpha.comFlexsteel Industries Is Too Expensive For A Manufacturer In This ContextMarch 21, 2023 | finance.yahoo.com3 Furniture Stocks Worth Watching in a Challenging IndustryMarch 10, 2023 | msn.comFlexsteel Industries (FLXS) Declares $0.15 DividendFebruary 9, 2023 | insidermonkey.comFlexsteel Industries, Inc. (NASDAQ:FLXS) Q2 2023 Earnings Call TranscriptFebruary 6, 2023 | finance.yahoo.comFlexsteel Industries, Inc. Reports Fiscal Second Quarter 2023 ResultsFebruary 6, 2023 | finance.yahoo.comFlexsteel Industries (FLXS) Surpasses Q2 Earnings and Revenue EstimatesFebruary 3, 2023 | msn.comEarnings Preview For Flexsteel IndustriesSee More Headlines Receive FLXS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flexsteel Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address FLXS Company Calendar Ex-Dividend for 7/10 Dividend6/27/2023Dividend Payable7/10/2023Last Earnings8/22/2023Ex-Dividend for 10/9 Dividend9/26/2023Today10/01/2023Dividend Payable10/09/2023Next Earnings (Estimated)10/23/2023Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Household furniture Sub-IndustryHome Furnishings SectorConsumer Discretionary Current SymbolNASDAQ:FLXS CUSIP33938210 CIK37472 Webwww.flexsteel.com Phone(563) 556-7730Fax563-556-8345Employees1,700Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio7.49 Forward P/E Ratio11.73 P/E Growth0.98Net Income$14.78 million Net Margins3.75% Pretax Margin2.34% Return on Equity3.24% Return on Assets1.58% Debt Debt-to-Equity Ratio0.20 Current Ratio3.10 Quick Ratio0.88 Sales & Book Value Annual Sales$393.69 million Price / Sales0.27 Cash Flow$1.80 per share Price / Cash Flow11.55 Book Value$27.49 per share Price / Book0.76Miscellaneous Outstanding Shares5,160,000Free Float4,545,000Market Cap$107.12 million OptionableNot Optionable Beta0.61 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Jerald K. Dittmer (Age 65)Pres, CEO & Director Comp: $1.07MMr. Derek Paul Schmidt (Age 50)Chief Operating Officer Comp: $571.63kMr. David Edward Crimmins (Age 41)VP of Sales & Product Management Comp: $352.23kMr. Michael J. McClaflin (Age 60)Chief Information & Technology Officer Ms. Stacy Marie Kammes (Age 43)VP of HR & Assistant Sec. Key CompetitorsHooker FurnishingsNASDAQ:HOFTNatuzziNYSE:NTZRocky BrandsNASDAQ:RCKYYanGuFang International GroupNASDAQ:YGFGolden Matrix GroupNASDAQ:GMGIView All CompetitorsInsiders & InstitutionsRoyal Bank of CanadaBought 2,416 shares on 8/15/2023Ownership: 0.234%Renaissance Technologies LLCSold 3,600 shares on 8/11/2023Ownership: 2.930%BlackRock Inc.Sold 11,206 shares on 8/11/2023Ownership: 2.577%Dimensional Fund Advisors LPSold 15,739 shares on 8/9/2023Ownership: 8.394%North Star Investment Management Corp.Sold 610 shares on 8/2/2023Ownership: 1.280%View All Insider TransactionsView All Institutional Transactions FLXS Stock - Frequently Asked Questions How have FLXS shares performed in 2023? Flexsteel Industries' stock was trading at $15.40 on January 1st, 2023. Since then, FLXS stock has increased by 34.8% and is now trading at $20.76. View the best growth stocks for 2023 here. Are investors shorting Flexsteel Industries? Flexsteel Industries saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 21,500 shares, an increase of 22.2% from the August 31st total of 17,600 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 2.0 days. Approximately 0.6% of the company's stock are short sold. View Flexsteel Industries' Short Interest. When is Flexsteel Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our FLXS earnings forecast. How were Flexsteel Industries' earnings last quarter? Flexsteel Industries, Inc. (NASDAQ:FLXS) announced its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm earned $105.82 million during the quarter, compared to analyst estimates of $103.01 million. Flexsteel Industries had a net margin of 3.75% and a trailing twelve-month return on equity of 3.24%. During the same quarter last year, the firm earned $0.41 earnings per share. How often does Flexsteel Industries pay dividends? What is the dividend yield for Flexsteel Industries? Flexsteel Industries announced a quarterly dividend on Tuesday, September 12th. Shareholders of record on Wednesday, September 27th will be given a dividend of $0.15 per share on Monday, October 9th. This represents a $0.60 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Tuesday, September 26th. Read our dividend analysis for FLXS. Is Flexsteel Industries a good dividend stock? Flexsteel Industries (NASDAQ:FLXS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.89%. The dividend payout ratio is 21.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLXS will have a dividend payout ratio of 22.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FLXS. What is Jerald Dittmer's approval rating as Flexsteel Industries' CEO? 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. What other stocks do shareholders of Flexsteel Industries own? 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). What is Flexsteel Industries' stock symbol? Flexsteel Industries trades on the NASDAQ under the ticker symbol "FLXS." How do I buy shares of Flexsteel Industries? 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. Compare Top Brokerages Here. What is Flexsteel Industries' stock price today? One share of FLXS stock can currently be purchased for approximately $20.76. How much money does Flexsteel Industries make? Flexsteel Industries (NASDAQ:FLXS) has a market capitalization of $107.12 million and generates $393.69 million in revenue each year. The company earns $14.78 million in net income (profit) each year or $2.77 on an earnings per share basis. How many employees does Flexsteel Industries have? The company employs 1,700 workers across the globe. How can I contact Flexsteel Industries? 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. This page (NASDAQ:FLXS) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Flexsteel Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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