Equities Analysts Offer Predictions for FLXS FY2026 Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Equities research analysts at Sidoti upped their FY2026 earnings per share (EPS) estimates for shares of Flexsteel Industries in a report issued on Friday, May 22nd. Sidoti analyst A. Lebiedzinski now forecasts that the company will earn $4.78 per share for the year, up from their prior forecast of $4.65. The consensus estimate for Flexsteel Industries’ current full-year earnings is $4.78 per share. Sidoti also issued estimates for Flexsteel Industries’ Q4 2026 earnings at $1.15 EPS, Q2 2027 earnings at $1.20 EPS and Q3 2027 earnings at $1.34 EPS.

Flexsteel Industries (NASDAQ:FLXS) last released its quarterly earnings results on Monday, April 20th. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.39. The firm had revenue of $115.13 million during the quarter, compared to analysts’ expectations of $118.32 million. Flexsteel Industries had a return on equity of 16.10% and a net margin of 6.79%.

A number of other equities analysts have also issued reports on FLXS. Wall Street Zen lowered Flexsteel Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 25th. Zacks Research lowered Flexsteel Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings raised Flexsteel Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 20th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Flexsteel Industries Price Performance

Shares of FLXS opened at $56.21 on Monday. The business’s 50 day moving average is $49.59 and its two-hundred day moving average is $45.36. Flexsteel Industries has a 52-week low of $29.38 and a 52-week high of $59.95. The firm has a market cap of $301.29 million, a price-to-earnings ratio of 10.18, a PEG ratio of 1.01 and a beta of 0.57.

Institutional Investors Weigh In On Flexsteel Industries

Several large investors have recently added to or reduced their stakes in FLXS. IFP Advisors Inc increased its position in Flexsteel Industries by 2,200.0% in the third quarter. IFP Advisors Inc now owns 621 shares of the company’s stock worth $29,000 after buying an additional 594 shares during the period. State of Alaska Department of Revenue acquired a new stake in Flexsteel Industries in the fourth quarter worth $38,000. BNP Paribas Financial Markets increased its position in Flexsteel Industries by 149.6% in the third quarter. BNP Paribas Financial Markets now owns 971 shares of the company’s stock worth $45,000 after buying an additional 582 shares during the period. Farther Finance Advisors LLC acquired a new position in shares of Flexsteel Industries during the fourth quarter valued at $49,000. Finally, Copeland Capital Management LLC acquired a new position in shares of Flexsteel Industries during the fourth quarter valued at $59,000. 36.27% of the stock is owned by institutional investors and hedge funds.

Flexsteel Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Monday, March 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, March 30th. Flexsteel Industries’s dividend payout ratio is currently 14.49%.

About Flexsteel Industries

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.