Equities Analysts Issue Forecasts for FLXS Q3 Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Analysts at Sidoti Csr upped their Q3 2026 earnings per share (EPS) estimates for Flexsteel Industries in a research report issued on Wednesday, February 4th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.80 for the quarter, up from their prior estimate of $0.69. 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 $0.80 EPS, FY2026 earnings at $4.09 EPS, Q1 2027 earnings at $0.94 EPS, Q2 2027 earnings at $1.01 EPS, Q3 2027 earnings at $1.08 EPS and Q4 2027 earnings at $1.15 EPS.

Flexsteel Industries (NASDAQ:FLXS) last released its quarterly earnings results on Monday, February 2nd. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.39. Flexsteel Industries had a return on equity of 16.67% and a net margin of 4.58%.The business had revenue of $118.25 million during the quarter, compared to the consensus estimate of $107.51 million.

A number of other equities analysts have also commented on FLXS. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Flexsteel Industries in a research report on Monday, December 29th. Wall Street Zen lowered shares of Flexsteel Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Finally, Zacks Research upgraded shares of Flexsteel Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, December 15th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Flexsteel Industries Stock Performance

FLXS opened at $57.55 on Thursday. The stock has a fifty day moving average of $41.29 and a 200-day moving average of $40.70. The company has a market capitalization of $307.89 million, a P/E ratio of 15.68, a P/E/G ratio of 0.94 and a beta of 0.51. Flexsteel Industries has a fifty-two week low of $29.38 and a fifty-two week high of $59.95.

Institutional Trading of Flexsteel Industries

A number of institutional investors and hedge funds have recently made changes to their positions in FLXS. Copeland Capital Management LLC acquired a new stake in shares of Flexsteel Industries during the 4th quarter worth approximately $59,000. Marion Wealth Management boosted its holdings in shares of Flexsteel Industries by 1.7% in the 4th quarter. Marion Wealth Management now owns 34,525 shares of the company’s stock valued at $1,421,000 after purchasing an additional 589 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Flexsteel Industries in the 4th quarter valued at $49,000. State of Alaska Department of Revenue bought a new position in shares of Flexsteel Industries in the 4th quarter valued at $38,000. Finally, Ritholtz Wealth Management raised its holdings in shares of Flexsteel Industries by 42.4% during the 4th quarter. Ritholtz Wealth Management now owns 10,699 shares of the company’s stock worth $423,000 after buying an additional 3,188 shares in the last quarter. Institutional investors own 36.27% of the company’s stock.

Flexsteel Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Monday, December 29th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 29th. Flexsteel Industries’s dividend payout ratio (DPR) is currently 21.80%.

Flexsteel Industries News Roundup

Here are the key news stories impacting Flexsteel Industries this week:

• Positive Sentiment: Q2 results and market-share gains — Seeking Alpha highlights that Flexsteel delivered a “double beat” for fiscal Q2, gained share through improved product lines and wider distribution, and appears to be executing well in a difficult furnishings backdrop. Flexsteel: Thriving In A Turbulent Industry Environment
• Positive Sentiment: Analyst upgrades raise forward EPS expectations — Sidoti’s A. Lebiedzinski has nudged multiple quarterly and full‑year EPS forecasts higher (examples include FY2026 and FY2027 lifts), signaling improved analyst conviction in Flexsteel’s earnings trajectory. That revision activity supports the rally. MarketBeat Sidoti Coverage
• Positive Sentiment: Zacks interest — FLXS was added to Zacks Rank #1 (Strong Buy) lists (including “New Strong Buy” and “Best Value” mentions) and appears in Zacks commentary on rising estimates, which can attract momentum and quant-driven flows. New Strong Buy Stocks for February 6th
• Neutral Sentiment: Sector relative performance — A Zacks note compares Flexsteel to the broader consumer discretionary sector year‑to‑date; the company has outperformed peers so far, but broader sector trends (housing, durable goods demand) remain relevant context. Are Consumer Discretionary Stocks Lagging Flexsteel (FLXS) This Year?
• Negative Sentiment: Margin headwinds reiterated — Seeking Alpha (and management/analyst commentary) warns of margin pressure in calendar 2026. Even with stronger top-line execution and share gains, compression in gross or operating margins could limit EPS upside and temper valuation multiples. Flexsteel Reiterates Margin Headwinds In Calendar 2026

Flexsteel Industries Company Profile

Flexsteel Industries, Inc (NASDAQ: FLXS) is a U.S.-based furniture manufacturer specializing in the design, production, and marketing of residential upholstered furniture and wood casegoods. The company operates through two primary segments: Upholstery, which encompasses seating products such as sofas, loveseats, chairs, recliners, and sectionals; and Casegoods, which includes accent and occasional tables, cabinets, bookcases, and other wood-based furnishings. Flexsteel sells its products through a network of independent retailers, furniture stores, and distributors across North America.

Flexsteel’s upholstery segment is distinguished by its patented Blue Steel Spring® technology, which offers enhanced longevity and comfort by replacing conventional webbing and springs with a welded steel seat suspension.