Flexsteel Industries (NASDAQ:FLXS) Issues Earnings Results

Flexsteel Industries (NASDAQ:FLXS) issued its quarterly earnings results on Monday. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.62 by $0.12, Yahoo Finance reports. Flexsteel Industries had a return on equity of 7.98% and a net margin of 2.55%. The company had revenue of $104.01 million for the quarter, compared to the consensus estimate of $101.60 million. During the same period in the previous year, the business posted $0.14 EPS. Flexsteel Industries updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Flexsteel Industries Trading Down 1.8 %

Shares of FLXS opened at $42.60 on Tuesday. The stock’s 50-day moving average price is $41.43 and its 200 day moving average price is $37.42. The company has a quick ratio of 0.97, a current ratio of 2.57 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $219.65 million, a price-to-earnings ratio of 14.44, a P/E/G ratio of 1.16 and a beta of 0.46. Flexsteel Industries has a 12-month low of $15.67 and a 12-month high of $45.50.

Flexsteel Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Wednesday, September 25th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend was Wednesday, September 25th. This is a boost from Flexsteel Industries’s previous quarterly dividend of $0.15. Flexsteel Industries’s dividend payout ratio (DPR) is presently 23.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Flexsteel Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, August 21st.

Flexsteel Industries Company Profile

Flexsteel 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 rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture.