Q3 EPS Estimate for Flexsteel Industries Boosted by Analyst

Flexsteel Industries, Inc. (NASDAQ:FLXS) – Equities research analysts at Sidoti Csr boosted their Q3 2026 earnings estimates for shares of Flexsteel Industries in a report issued on Wednesday, February 4th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.80 per share for the quarter, up from their previous 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 posted its quarterly earnings results on Monday, February 2nd. The company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.39. Flexsteel Industries had a return on equity of 16.99% and a net margin of 4.58%.The business had revenue of $118.25 million for the quarter, compared to analysts’ expectations of $107.51 million.

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

Flexsteel Industries Price Performance

Shares of FLXS opened at $43.99 on Thursday. The firm has a market cap of $234.91 million, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 1.02 and a beta of 0.51. The company has a 50 day simple moving average of $40.78 and a two-hundred day simple moving average of $40.53. Flexsteel Industries has a 1 year low of $29.38 and a 1 year high of $63.05.

Flexsteel Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Monday, December 29th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, December 29th. Flexsteel Industries’s dividend payout ratio (DPR) is 19.46%.

Institutional Trading of Flexsteel Industries

A number of institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. grew its stake in shares of Flexsteel Industries by 24.7% during the third quarter. Russell Investments Group Ltd. now owns 1,991 shares of the company’s stock worth $92,000 after acquiring an additional 395 shares during the last quarter. First Trust Advisors LP boosted its stake in Flexsteel Industries by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 11,745 shares of the company’s stock worth $423,000 after purchasing an additional 467 shares in the last quarter. BNP Paribas Financial Markets grew its position in Flexsteel Industries by 149.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 971 shares of the company’s stock worth $45,000 after purchasing an additional 582 shares during the last quarter. Marion Wealth Management increased its stake in Flexsteel Industries by 1.7% during 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. Finally, IFP Advisors Inc raised its holdings in shares of 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 last quarter. 36.27% of the stock is currently owned by institutional investors.

Key Headlines Impacting Flexsteel Industries

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

• Positive Sentiment: Sidoti raised FY2026 and several quarterly EPS forecasts (e.g., FY2026 to $4.09, Q1 2027 to $0.94, Q3 & Q4 2027 also higher), signaling improved analyst expectations for earnings power. Sidoti estimate revisions via MarketBeat
• Positive Sentiment: Coverage highlighting a fiscal Q2 double‑beat and share gains suggests the company’s product and distribution strategy is working despite a weak industry backdrop — supportive for upside to revenue and market share. Flexsteel: Thriving In A Turbulent Industry Environment
• Neutral Sentiment: Sidoti trimmed one small Q2‑2027 estimate (from $1.02 to $1.01 EPS) — a minor change relative to the broader set of upward revisions. This is unlikely to materially change the company’s longer‑term outlook. Sidoti estimate revisions via MarketBeat
• Neutral Sentiment: Earnings-call transcripts and highlights provide detail on results, distribution expansion and cost dynamics — useful for investors but mix of operational wins and headwinds makes the near‑term impact ambiguous. FLXS Q1 2025 Earnings Call Transcript (Yahoo)
• Negative Sentiment: Multiple articles and the company’s commentary reiterate margin headwinds for calendar‑2026 driven by tariffs and reshaped cost structure — this is the primary downside risk to margins and valuation near term. Flexsteel Reiterates Margin Headwinds In Calendar 2026
• Negative Sentiment: Press coverage warns tariffs are reshaping costs and demand, signaling potential pressure on gross margins and profitability if cost passthrough or mix improvements stall. Flexsteel signals margin pressure ahead

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.