Flexsteel Industries (NASDAQ:FLXS) Issues Earnings Results

Flexsteel Industries (NASDAQ:FLXS) announced its quarterly earnings data on Monday. The company reported $0.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $104.01 million for the quarter, compared to analysts’ expectations of $101.60 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. Flexsteel Industries updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Flexsteel Industries Price Performance

Shares of Flexsteel Industries stock opened at $58.88 on Thursday. Flexsteel Industries has a 52 week low of $15.67 and a 52 week high of $59.28. The company has a current ratio of 2.57, a quick ratio of 0.97 and a debt-to-equity ratio of 0.03. The stock has a market cap of $303.59 million, a PE ratio of 19.96, a price-to-earnings-growth ratio of 1.16 and a beta of 0.46. The company’s 50-day moving average price is $42.29 and its two-hundred day moving average price is $37.68.

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 given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Wednesday, September 25th. This is a positive change from Flexsteel Industries’s previous quarterly dividend of $0.15. Flexsteel Industries’s dividend payout ratio is currently 23.05%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Flexsteel Industries from a “hold” rating to a “buy” rating in a report on Wednesday, August 21st.

About Flexsteel Industries

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.