NASDAQ:FLXS Flexsteel Industries - FLXS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $19.39 -0.06 (-0.31%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.19▼$19.5650-Day Range$17.65▼$22.4952-Week Range$13.46▼$23.81Volume5,644 shsAverage Volume10,875 shsMarket Capitalization$100.44 millionP/E Ratio14.36Dividend Yield3.09%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Flexsteel Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.37% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingSelling Shares$40,000 Sold Last QuarterProj. Earnings Growth251.35%From $0.74 to $2.60 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.3.38 out of 5 starsConsumer Discretionary Sector1st out of 264 stocksHousehold Furniture Industry1st out of 8 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Flexsteel Industries. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.37% of the outstanding shares of Flexsteel Industries have been sold short.Short Interest Ratio / Days to CoverFlexsteel Industries has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flexsteel Industries has recently decreased by 6.76%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldFlexsteel Industries pays a meaningful dividend of 3.01%, 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 44.44%. 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 23.08% 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 3.2 News and Social Media Coverage News SentimentFlexsteel Industries has a news sentiment score of 0.72. 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 higher news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Flexsteel Industries this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for FLXS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows5 people have added Flexsteel Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flexsteel Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,000.00 in 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 Institutions60.24% of the stock of Flexsteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Flexsteel Industries are expected to grow by 251.35% in the coming year, from $0.74 to $2.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flexsteel Industries is 14.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Flexsteel Industries is 14.36, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.35.Price to Earnings Growth RatioFlexsteel Industries has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFlexsteel Industries has a P/B Ratio of 0.82. 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. engages in the manufacture, import, and marketing of residential and commercial upholstered, and wood furniture products. Its products include sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture. The company was founded in 1893 and is headquartered in Dubuque, IA.Read More 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 Stock News HeadlinesMarch 27, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Now Covered by Analysts at StockNews.comMarch 26, 2023 | seekingalpha.comFlexsteel Industries Is Too Expensive For A Manufacturer In This ContextMarch 29, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 21, 2023 | finance.yahoo.com3 Furniture Stocks Worth Watching in a Challenging IndustryMarch 20, 2023 | americanbankingnews.comFlexsteel Industries, Inc. to Issue Quarterly Dividend of $0.15 (NASDAQ:FLXS)March 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Flexsteel Industries (NASDAQ:FLXS)March 10, 2023 | msn.comFlexsteel Industries (FLXS) Declares $0.15 DividendFebruary 6, 2023 | finance.yahoo.comFlexsteel Industries, Inc. Reports Fiscal Second Quarter 2023 ResultsMarch 29, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsFebruary 6, 2023 | finance.yahoo.comFlexsteel Industries (FLXS) Surpasses Q2 Earnings and Revenue EstimatesFebruary 3, 2023 | msn.comEarnings Preview For Flexsteel IndustriesJanuary 23, 2023 | finance.yahoo.comFlexsteel Industries, Inc. to Announce Second Quarter 2023 Results on Monday, February 6January 16, 2023 | finance.yahoo.comAre Investors Undervaluing Flexsteel Industries (FLXS) Right Now?December 22, 2022 | msn.comFlexsteel Industries: Dividend InsightsDecember 22, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Flexsteel Industries and Virco MfgDecember 19, 2022 | finance.yahoo.comBest Value Stocks to Buy for December 19thDecember 2, 2022 | seekingalpha.comShould You Consider Flexsteel Industries?November 24, 2022 | fool.comFLEXSTEEL INDUSTRIES, INC. (NASDAQ: FLXS)October 28, 2022 | finance.yahoo.comFLXS vs. WSC: Which Stock Should Value Investors Buy Now?October 26, 2022 | msn.comFlexsteel Industries agrees to pay for cleanup of EPA Superfund Site in ElkhartOctober 25, 2022 | seekingalpha.comFlexsteel Industries, Inc. (FLXS) Q1 2023 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comFlexsteel Industries, Inc. Reports Fiscal First Quarter 2023 ResultsOctober 25, 2022 | finance.yahoo.comFlexsteel Industries (FLXS) Surpasses Q1 Earnings and Revenue EstimatesOctober 21, 2022 | msn.comEarnings Preview: Flexsteel IndustriesOctober 10, 2022 | finance.yahoo.comFlexsteel Industries, Inc. to Announce First Quarter 2023 Results on Monday, October 24October 4, 2022 | finance.yahoo.comFlexsteel Announces Changes to Board of DirectorsSeptember 9, 2022 | msn.comJudge approves settlement for laid off Flexsteel employees in Dubuque, MississippiSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/9 Dividend12/27/2022Dividend Payable1/09/2023Last Earnings2/06/2023Ex-Dividend for 4/3 Dividend3/21/2023Today3/29/2023Dividend Payable4/03/2023Next Earnings (Estimated)4/24/2023Fiscal Year End6/30/2023Get 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) 556-7730Fax563-556-8345Employees1,800Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.35 Trailing P/E Ratio14.36 Forward P/E Ratio26.20 P/E Growth2.25Net Income$1.85 million Net Margins1.80% Pretax Margin2.76% Return on Equity6.34% Return on Assets3.07% Debt Debt-to-Equity Ratio0.15 Current Ratio3.34 Quick Ratio0.92 Sales & Book Value Annual Sales$453.75 million Price / Sales0.22 Cash Flow$1.63 per share Price / Cash Flow11.89 Book Value$23.65 per share Price / Book0.82Miscellaneous Outstanding Shares5,177,000Free Float4,556,000Market Cap$100.38 million OptionableNot Optionable Beta0.62 Key ExecutivesJerald K. DittmerPresident, Chief Executive Officer & DirectorDerek P. SchmidtChief Operating OfficerG. Alejandro HuertaChief Financial Officer, Secretary & TreasurerMichael J. McclaflinChief Information & Technology OfficerCarl Anthony HaydenVice President-OperationsKey CompetitorsHooker FurnishingsNASDAQ:HOFTF45 TrainingNYSE:FXLVRealRealNASDAQ:REALAlto IngredientsNASDAQ:ALTOCasa SystemsNASDAQ:CASAView All CompetitorsInsiders & InstitutionsAncora Advisors LLCBought 8,769 shares on 2/15/2023Ownership: 0.989%Millennium Management LLCSold 30,039 shares on 2/15/2023Ownership: 0.540%Morgan StanleyBought 8,296 shares on 2/15/2023Ownership: 0.380%Renaissance Technologies LLCSold 15,200 shares on 2/13/2023Ownership: 3.002%Bank of America Corp DESold 2,541 shares on 2/10/2023Ownership: 0.065%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 at the start of the year. Since then, FLXS shares have increased by 25.9% and is now trading at $19.39. View the best growth stocks for 2023 here. Are investors shorting Flexsteel Industries? Flexsteel Industries saw a drop in short interest in March. As of March 15th, there was short interest totaling 19,300 shares, a drop of 6.8% from the February 28th total of 20,700 shares. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is currently 1.8 days. 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, April 24th 2023. View our FLXS earnings forecast. How were Flexsteel Industries' earnings last quarter? Flexsteel Industries, Inc. (NASDAQ:FLXS) posted its quarterly earnings results on Monday, February, 6th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.07. The firm earned $93.14 million during the quarter, compared to analysts' expectations of $90.10 million. Flexsteel Industries had a trailing twelve-month return on equity of 6.34% and a net margin of 1.80%. How often does Flexsteel Industries pay dividends? What is the dividend yield for Flexsteel Industries? Flexsteel Industries announced a quarterly dividend on Tuesday, March 7th. Shareholders of record on Wednesday, March 22nd will be paid a dividend of $0.15 per share on Monday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date is Tuesday, March 21st. 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 3.01%. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLXS will have a dividend payout ratio of 23.08% 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." Who are Flexsteel Industries' major shareholders? Flexsteel Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.82%), Renaissance Technologies LLC (3.00%), Ancora Advisors LLC (0.99%), Millennium Management LLC (0.54%), Marion Wealth Management (0.44%) and Morgan Stanley (0.38%). 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, Timothy Patrick Newlin and William S Creekmuir. View institutional ownership trends. 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 $19.39. How much money does Flexsteel Industries make? Flexsteel Industries (NASDAQ:FLXS) has a market capitalization of $100.38 million and generates $453.75 million in revenue each year. The company earns $1.85 million in net income (profit) each year or $1.35 on an earnings per share basis. How many employees does Flexsteel Industries have? The company employs 1,800 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 3/29/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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