Q2 EPS Estimate for Flexsteel Industries Raised by Analyst

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Analysts at Sidoti Csr increased their Q2 2026 earnings estimates for Flexsteel Industries in a research note issued on Wednesday, October 22nd. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.79 for the quarter, up from their prior forecast of $0.56. The consensus estimate for Flexsteel Industries’ current full-year earnings is $3.53 per share. Sidoti Csr also issued estimates for Flexsteel Industries’ Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $3.54 EPS, Q1 2027 earnings at $0.87 EPS and Q2 2027 earnings at $1.02 EPS.

A number of other analysts have also recently issued reports on FLXS. Wall Street Zen cut Flexsteel Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Zacks Research cut Flexsteel Industries from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings cut shares of Flexsteel Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

Flexsteel Industries Stock Performance

Flexsteel Industries stock opened at $36.00 on Monday. The stock has a 50-day simple moving average of $44.56 and a 200 day simple moving average of $37.84. The stock has a market capitalization of $192.24 million, a P/E ratio of 8.76, a PEG ratio of 0.85 and a beta of 0.51. Flexsteel Industries has a 52 week low of $29.38 and a 52 week high of $65.87.

Flexsteel Industries (NASDAQ:FLXS) last issued its earnings results on Monday, October 20th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.53. Flexsteel Industries had a net margin of 5.22% and a return on equity of 16.28%. The company had revenue of $110.44 million for the quarter, compared to analysts’ expectations of $105.38 million. During the same period in the prior year, the firm earned $0.74 EPS.

Institutional Investors Weigh In On Flexsteel Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the company. American Century Companies Inc. grew its stake in shares of Flexsteel Industries by 1.5% in the second quarter. American Century Companies Inc. now owns 118,084 shares of the company’s stock valued at $4,255,000 after acquiring an additional 1,716 shares in the last quarter. Bridgeway Capital Management LLC raised its stake in Flexsteel Industries by 3.8% in the 2nd quarter. Bridgeway Capital Management LLC now owns 63,106 shares of the company’s stock worth $2,274,000 after purchasing an additional 2,298 shares in the last quarter. Acadian Asset Management LLC raised its stake in Flexsteel Industries by 16.2% in the 2nd quarter. Acadian Asset Management LLC now owns 59,971 shares of the company’s stock worth $2,159,000 after purchasing an additional 8,366 shares in the last quarter. Los Angeles Capital Management LLC boosted its holdings in Flexsteel Industries by 12.7% in the 2nd quarter. Los Angeles Capital Management LLC now owns 42,939 shares of the company’s stock valued at $1,547,000 after purchasing an additional 4,840 shares during the period. Finally, Marion Wealth Management grew its position in shares of Flexsteel Industries by 4.0% during the 3rd quarter. Marion Wealth Management now owns 33,936 shares of the company’s stock worth $1,573,000 after purchasing an additional 1,295 shares in the last quarter. Institutional investors and hedge funds own 36.27% of the company’s stock.

Insider Transactions at Flexsteel Industries

In other Flexsteel Industries news, insider Michael Joseph Mcclaflin sold 2,600 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $46.75, for a total value of $121,550.00. Following the transaction, the insider directly owned 33,576 shares of the company’s stock, valued at $1,569,678. This represents a 7.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 15.60% of the stock is owned by company insiders.

Flexsteel Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, September 24th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, September 24th. Flexsteel Industries’s dividend payout ratio (DPR) is presently 19.46%.

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.