NASDAQ:OFLX - Omega Flex Stock Price, Forecast & News

Omega Flex trades on the NASDAQ under the ticker symbol "OFLX."

Omega Flex declared a dividend on Friday, December 13th. Shareholders of record on Thursday, December 26th will be given a dividend of $3.50 per share on Monday, December 30th. The ex-dividend date of this dividend is Tuesday, December 24th. View Omega Flex's Dividend History.

Omega Flex, Inc. (NASDAQ:OFLX) released its quarterly earnings data on Thursday, February, 13th. The industrial products company reported $0.55 earnings per share (EPS) for the quarter. The industrial products company had revenue of $29.73 million for the quarter. Omega Flex had a return on equity of 24.64% and a net margin of 15.52%. View Omega Flex's Earnings History.

Omega Flex is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Omega Flex.

News headlines about OFLX stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. 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 companies on a scale of -5 to 5, with scores closest to five being the most favorable. Omega Flex earned a coverage optimism score of -4.6 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Omega Flex.

Omega Flex saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 307,200 shares, an increase of 7.2% from the January 15th total of 286,500 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is presently 16.0 days. Currently, 10.7% of the company's shares are sold short. View Omega Flex's Current Options Chain.

Some companies that are related to Omega Flex include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Omega Flex investors own include ONEOK (OKE), Exxon Mobil (XOM), Methanex (MEOH), AbbVie (ABBV), Boeing (BA), Franklin Resources (BEN), Carnival (CCL), CenterPoint Energy (CNP), Enterprise Products Partners (EPD) and General Motors (GM).

Omega Flex's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (11.69%), Conestoga Capital Advisors LLC (3.46%), Hunter Associates Investment Management LLC (0.88%), State Street Corp (0.59%), Russell Investments Group Ltd. (0.52%) and Renaissance Technologies LLC (0.35%). View Institutional Ownership Trends for Omega Flex.

OFLX stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Bank of New York Mellon Corp, California Public Employees Retirement System, New York State Common Retirement Fund, Advisor Group Inc., Hunter Associates Investment Management LLC, Strs Ohio and Alliancebernstein L.P.. View Insider Buying and Selling for Omega Flex.

OFLX stock was acquired by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Russell Investments Group Ltd., Comerica Bank, Daiwa Securities Group Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Jane Street Group LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for Omega Flex.

Shares of OFLX 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 OFLX stock can currently be purchased for approximately $87.43.

Omega Flex has a market capitalization of $882.17 million and generates $111.36 million in revenue each year. Omega Flex employs 151 workers across the globe.View Additional Information About Omega Flex.

The official website for Omega Flex is http://www.omegaflexcorp.com/.

Omega Flex's mailing address is 451 CREAMERY WAY, EXTON PA, 19341. The industrial products company can be reached via phone at 610-524-7272.