Press coverage about Flexsteel Industries (NASDAQ:FLXS) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flexsteel Industries earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.0954721775239 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Flexsteel Industries (FLXS) opened at $48.89 on Friday. The firm has a market cap of $383.56, a P/E ratio of 15.37 and a beta of 2.04. Flexsteel Industries has a one year low of $43.25 and a one year high of $57.83.
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.88 annualized dividend and a yield of 1.80%. Flexsteel Industries’s dividend payout ratio (DPR) is currently 27.67%.
In other Flexsteel Industries news, Director Jeffrey T. Bertsch sold 1,510 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $50.00, for a total transaction of $75,500.00. Following the sale, the director now directly owns 195,659 shares in the company, valued at approximately $9,782,950. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.00% of the company’s stock.
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Flexsteel Industries Company Profile
Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.
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