Omega Flex, Inc. (OFLX) News

Omega Flex, Inc. (OFLX): $42.69

1.70 (+4.15%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

A

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Industry: Industrial - Equipment

Industry

C

Ranked

#24 of 87

in industry

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OFLX News Results

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OFLX News Highlights

  • For OFLX, its 30 day story count is now at 4.
  • Over the past 21 days, the trend for OFLX's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
  • FLEX and DEC are the most mentioned tickers in articles about OFLX.

Latest OFLX News From Around the Web

Below are the latest news stories about OMEGA FLEX INC that investors may wish to consider to help them evaluate OFLX as an investment opportunity.

Omega Flex, Inc. Board and Organizational Changes

EXTON, Pa., Dec. 27, 2023 (GLOBE NEWSWIRE) -- We are pleased to announce that on December 7, 2023, on the recommendation of our Nominating/Governance Committee, effective January 1, 2024, our Board of Directors unanimously elected Edwin B. Moran as a Class 2 Director of Omega Flex, Inc., with a term expiring at the 2025 annual meeting of shareholders, and Dean W. Rivest as a Class 3 Director, with a term expiring at the 2026 annual meeting of shareholders. In addition, on the recommendation of t

Yahoo | December 27, 2023

Omega Flex Inc's Dividend Analysis

Omega Flex Inc (NASDAQ:OFLX) recently announced a dividend of $0.33 per share, payable on 2024-01-04, with the ex-dividend date set for 2023-12-18. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Omega Flex Inc's dividend performance and assess its sustainability.

Yahoo | December 18, 2023

Omega Flex, Inc. (NASDAQ:OFLX) Is About To Go Ex-Dividend, And It Pays A 1.7% Yield

It looks like Omega Flex, Inc. ( NASDAQ:OFLX ) is about to go ex-dividend in the next four days. The ex-dividend date...

Yahoo | December 13, 2023

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023

EXTON, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on January 4, 2024, to shareholders of record on December 19, 2023. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possib

Yahoo | December 6, 2023

Omega Flex Inc (OFLX) Reports Decrease in Q3 2023 Earnings

Net Sales and Net Income for Q3 2023 Fall Compared to 2022

Yahoo | October 18, 2023

Omega Flex, Inc. Announces Third Quarter 2023 Earnings

OMEGA FLEX, INC. (OFLX) Nine Months Ended September 30, Three Months Ended September 30, 2023 2022 2023 2022 Net Sales $83,318,000 $94,670,000 $27,496,000 $31,629,000 Net Income attributable to Omega Flex, Inc. $15,874,000 $17,441,000 $5,576,000 $6,540,000 Earnings Per Share – Basic and Diluted $1.57 $1.73 $0.55 $0.65 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 EXTON, Pa., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced th

Yahoo | October 18, 2023

Omega Flex Inc (OFLX): A Comprehensive Analysis of Its Dividend Performance

Omega Flex Inc (NASDAQ:OFLX) recently announced a dividend of $0.33 per share, payable on 2023-10-06, with the ex-dividend date set for 2023-09-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's deep dive into Omega Flex Inc's dividend performance and assess its sustainability.

Yahoo | September 22, 2023

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2023

EXTON, Pa., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of poss

Yahoo | September 11, 2023

Could The Market Be Wrong About Omega Flex, Inc. (NASDAQ:OFLX) Given Its Attractive Financial Prospects?

With its stock down 20% over the past three months, it is easy to disregard Omega Flex (NASDAQ:OFLX). However, stock...

Yahoo | August 17, 2023

Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Yahoo | July 28, 2023


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