NASDAQ:FLXS Flexsteel Industries (FLXS) Stock Forecast, Price & News $18.41 0.00 (0.00%) (As of 12:13 PM ET) Add Compare Share Share Today's Range$18.41▼$18.4250-Day Range$16.39▼$21.0852-Week Range$13.46▼$22.94Volume1,313 shsAverage Volume8,477 shsMarket Capitalization$94.81 millionP/E Ratio22.73Dividend Yield3.26%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Flexsteel Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.29Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth137.50%From $0.80 to $1.90 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.2.68 out of 5 starsConsumer Discretionary Sector55th out of 277 stocksHousehold Furniture Industry3rd 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 Shorted0.48% 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 2.3, 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 27.14%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldFlexsteel Industries pays a meaningful dividend of 3.26%, 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 74.07%. 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 31.58% 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 1.8 News and Social Media Coverage News SentimentFlexsteel Industries has a news sentiment score of 0.29. 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. Previous Next 2.5 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 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 137.50% in the coming year, from $0.80 to $1.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flexsteel Industries is 22.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Flexsteel Industries is 22.91, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.60.Price to Earnings Growth RatioFlexsteel Industries has a PEG Ratio of 1.92. 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 0.72. 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 HeadlinesMay 26, 2023 | fool.comFlexsteel Industries (NASDAQ: FLXS)May 18, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Stock Rating Upgraded by StockNews.comMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 14, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Shares Pass Below 200 Day Moving Average of $17.55May 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 29, 2023 | americanbankingnews.comFlexsteel Industries (FLXS) Scheduled to Post Earnings on MondayMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.April 28, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Coverage Initiated by Analysts at StockNews.comApril 20, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Receives New Coverage from Analysts at StockNews.comApril 17, 2023 | finance.yahoo.comFlexsteel Industries, Inc. to Announce Third Quarter 2023 Results on Monday, May 1April 5, 2023 | americanbankingnews.comFlexsteel Industries (NASDAQ:FLXS) Coverage Initiated at StockNews.comApril 3, 2023 | americanbankingnews.comFlexsteel Industries, Inc. (NASDAQ:FLXS) Sees Significant Decrease in Short InterestMarch 30, 2023 | seekingalpha.comFlexsteel Industries: Temporary Headwinds Pose A Good Opportunity For Long-Term InvestorsMarch 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 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 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 MfgSee 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 Last Earnings4/20/2017Ex-Dividend for 4/3 Dividend3/21/2023Dividend Payable4/03/2023Today5/31/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/28/2023Get 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)$0.81 Trailing P/E Ratio22.91 Forward P/E Ratio23.19 P/E Growth1.92Net Income$1.85 million Net Margins1.05% Pretax Margin2.12% Return on Equity3.57% Return on Assets1.74% Debt Debt-to-Equity Ratio0.13 Current Ratio2.98 Quick Ratio0.88 Sales & Book Value Annual Sales$544.28 million Price / Sales0.18 Cash Flow$1.69 per share Price / Cash Flow10.97 Book Value$23.65 per share Price / Book0.78Miscellaneous Outstanding Shares5,150,000Free Float4,533,000Market Cap$95.56 million OptionableNot Optionable Beta0.61 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:HOFTAmerican Outdoor BrandsNASDAQ:AOUTAmerican Public EducationNASDAQ:APEIGenasysNASDAQ:GNSSInternational Media AcquisitionNASDAQ:IMAQView All CompetitorsInsiders & InstitutionsAncora Advisors LLCBought 21,527 shares on 5/16/2023Ownership: 1.412%Punch & Associates Investment Management Inc.Bought 1,199 shares on 5/15/2023Ownership: 3.815%Dimensional Fund Advisors LPSold 16,834 shares on 5/12/2023Ownership: 8.698%Renaissance Technologies LLCSold 1,000 shares on 5/12/2023Ownership: 2.999%Bank of America Corp DEBought 3,060 shares on 5/12/2023Ownership: 0.126%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 stock has increased by 20.5% and is now trading at $18.5550. 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 May. As of May 15th, there was short interest totaling 17,800 shares, an increase of 27.1% from the April 30th total of 14,000 shares. Based on an average trading volume of 7,800 shares, the short-interest ratio is currently 2.3 days. Approximately 0.5% of the company's stock are sold short. 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, August 28th 2023. View our FLXS earnings forecast. How were Flexsteel Industries' earnings last quarter? Flexsteel Industries, Inc. (NASDAQ:FLXS) released its quarterly earnings results on Thursday, April, 20th. The company reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.11 by $0.15. The business earned $120.75 million during the quarter. Flexsteel Industries had a net margin of 1.05% and a trailing twelve-month return on equity of 3.57%. How often does Flexsteel Industries pay dividends? What is the dividend yield for Flexsteel Industries? Flexsteel Industries declared a quarterly dividend on Tuesday, March 7th. Shareholders of record on Wednesday, March 22nd will be given a dividend of $0.15 per share on Monday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 3.23%. 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 3.26%. The dividend payout ratio is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLXS will have a dividend payout ratio of 31.58% 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 investors include Dimensional Fund Advisors LP (8.70%), Punch & Associates Investment Management Inc. (3.81%), Renaissance Technologies LLC (3.00%), Ancora Advisors LLC (1.41%), Marion Wealth Management (0.47%) and RKL Wealth Management LLC (0.21%). 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 $18.56. How much money does Flexsteel Industries make? Flexsteel Industries (NASDAQ:FLXS) has a market capitalization of $95.56 million and generates $544.28 million in revenue each year. The company earns $1.85 million in net income (profit) each year or $0.81 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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