Flexsteel Industries (FLXS) Projected to Post Earnings on Monday

Flexsteel Industries (NASDAQ:FLXS) is expected to release its Q1 2027 results after the market closes on Monday, October 26th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $112.70 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:00 AM ET.

Flexsteel Industries (NASDAQ:FLXS) last posted its earnings results on Monday, August 17th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.24. The company had revenue of $115.37 million during the quarter, compared to analyst estimates of $109.51 million. Flexsteel Industries had a return on equity of 16.11% and a net margin of 7.21%. 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 Trading Down 0.9%

Shares of Flexsteel Industries stock opened at $84.18 on Friday. Flexsteel Industries has a 12 month low of $34.00 and a 12 month high of $90.64. The company has a market capitalization of $451.20 million, a PE ratio of 16.97, a PEG ratio of 1.33 and a beta of 0.51. The stock’s fifty day simple moving average is $83.28 and its 200 day simple moving average is $69.94.

Flexsteel Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 12th. Stockholders of record on Wednesday, September 30th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. Flexsteel Industries’s dividend payout ratio is currently 16.10%.

Insider Buying and Selling at Flexsteel Industries

In other news, VP Stacy Kammes sold 2,750 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $82.66, for a total value of $227,315.00. Following the completion of the transaction, the vice president owned 33,306 shares of the company’s stock, valued at $2,753,073.96. This represents a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director William S. Creekmuir sold 3,100 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $81.85, for a total value of $253,735.00. Following the transaction, the director owned 29,284 shares of the company’s stock, valued at approximately $2,396,895.40. The trade was a 9.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 28,914 shares of company stock worth $2,350,392. 11.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on FLXS. Freedom Broker lowered Flexsteel Industries from a “buy” rating to a “hold” rating and upped their price target for the company from $72.00 to $80.00 in a research report on Tuesday, August 18th. Zacks Research raised shares of Flexsteel Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 1st. Freedom Capital lowered shares of Flexsteel Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings raised Flexsteel Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.00.

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.