Flexsteel Industries (NASDAQ:FLXS – Get Free Report) is anticipated to post its Q1 2027 results after the market closes on Monday, October 26th. Analysts expect Flexsteel Industries to post earnings of $1.23 per share and revenue of $112.70 million for the quarter. Parties may review the information on the company’s upcoming Q1 2027 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:00 AM ET.
Flexsteel Industries (NASDAQ:FLXS – Get Free Report) last issued its quarterly earnings data on Monday, August 17th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.24. Flexsteel Industries had a return on equity of 16.11% and a net margin of 7.21%. The company had revenue of $115.37 million for the quarter, compared to the consensus estimate of $109.51 million. On average, analysts expect Flexsteel Industries to post $5.29 EPS for the current fiscal year and $6.05 EPS for the next fiscal year.
Flexsteel Industries Stock Performance
Shares of Flexsteel Industries stock opened at $84.18 on Friday. The stock has a market capitalization of $451.20 million, a price-to-earnings ratio of 17.13, a P/E/G ratio of 1.34 and a beta of 0.51. The company’s 50 day moving average price is $83.28 and its 200-day moving average price is $69.94. Flexsteel Industries has a 52-week low of $34.00 and a 52-week high of $90.64.
Flexsteel Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 12th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. Flexsteel Industries’s payout ratio is presently 16.10%.
Insiders Place Their Bets
In other Flexsteel Industries news, VP Stacy Kammes sold 2,750 shares of Flexsteel Industries stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $82.66, for a total transaction of $227,315.00. Following the completion of the sale, the vice president directly owned 33,306 shares of the company’s stock, valued at $2,753,073.96. The trade was a 7.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William S. Creekmuir sold 1,000 shares of Flexsteel Industries stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $81.03, for a total transaction of $81,030.00. Following the transaction, the director directly owned 19,226 shares in the company, valued at approximately $1,557,882.78. The trade was a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 28,914 shares of company stock valued at $2,350,392 over the last quarter. 11.20% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on FLXS shares. Weiss Ratings upgraded Flexsteel Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Freedom Broker lowered Flexsteel Industries from a “buy” rating to a “hold” rating and boosted their price target for the company from $72.00 to $80.00 in a report on Tuesday, August 18th. Freedom Capital downgraded Flexsteel Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Finally, Zacks Research raised shares of Flexsteel Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Flexsteel Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.00.
View Our Latest Research Report on FLXS
About Flexsteel Industries
Flexsteel Industries, Inc is a furniture company that designs, manufactures, imports and markets residential furniture. Based in Dubuque, Iowa, the company serves the U.S. home furnishings market through retail furniture stores, national and regional chains, interior designers and online channels.
The company’s product offerings include upholstered seating such as sofas, sectionals, chairs and recliners, along with motion furniture, dining and bedroom furniture, occasional tables and home office products.
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