Omega Flex, Inc. (OFLX)

NASDAQ: OFLX · IEX Real-Time Price · USD
68.55
-0.63 (-0.91%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-0.91%
Market Cap 691.96M
Revenue (ttm) 111.47M
Net Income (ttm) 20.76M
Shares Out 10.09M
EPS (ttm) 2.06
PE Ratio 33.28
Forward PE n/a
Dividend $1.32 (1.93%)
Ex-Dividend Date Apr 9, 2024
Volume 4,443
Open 69.19
Previous Close 69.18
Day's Range 68.40 - 70.00
52-Week Range 63.43 - 117.63
Beta 0.35
Analysts n/a
Price Target n/a
Earnings Date Apr 26, 2024

About OFLX

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It ... [Read more]

Sector Industrials
IPO Date Aug 1, 2005
Employees 168
Stock Exchange NASDAQ
Ticker Symbol OFLX
Full Company Profile

Financial Performance

In 2023, Omega Flex's revenue was $111.47 million, a decrease of -11.17% compared to the previous year's $125.49 million. Earnings were $20.76 million, a decrease of -12.10%.

Financial Statements

News

Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea

EXTON, Pa., April 09, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announces that that our board of directors elected Stephen M. Shea as a director. Mr. Shea has been...

4 days ago - GlobeNewsWire

Omega Flex, Inc. Announces Departure of a Director: Derek W. Glanvill

EXTON, Pa., April 05, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announces that Derek W. Glanvill, a Class 2 director, has resigned from the board of directors of t...

8 days ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2024

EXTON, Pa., March 28, 2024 (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 paya...

16 days ago - GlobeNewsWire

Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings

EXTON, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) for 2023 and 2022 were $111,465,000 and $125,487,000, r...

5 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 payab...

4 months ago - GlobeNewsWire

Omega Flex, Inc. Announces Third Quarter 2023 Earnings

EXTON, Pa., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first nine months of 2023 and 2022 were $83,318,000 and $94,670,000, resp...

6 months ago - GlobeNewsWire

Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino

EXTON, Pa., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) today announces that Mark F. Albino has resigned from the board of directors of the Company, effective September 30, 202...

7 months ago - GlobeNewsWire

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 paya...

7 months ago - GlobeNewsWire

Omega Flex, Inc. Announces Second Quarter 2023 Earnings

EXTON, Pa., July 19, 2023 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first six months of 2023 and 2022 were $55,822,000 and $63,041,000, respe...

9 months ago - GlobeNewsWire

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

EXTON, Pa., June 13, 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 payab...

10 months ago - GlobeNewsWire

Omega Flex, Inc. Announces First Quarter 2023 Earnings

EXTON. Pa., April 19, 2023 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that Net Income of Omega Flex, Inc. (the “Company” or “Omega Flex”) was $5,742,000 for the first quarter of 2...

1 year ago - GlobeNewsWire

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

EXTON, Pa., March 28, 2023 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share paya...

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Fourth Quarter 2022 Earnings

EXTON, Pa., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's net sales for 2022 and 2021 were $125,487,000 and $130,011,000, respectively, decreasing 3....

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2022

EXTON, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share payab...

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Third Quarter Earnings

EXTON, Pa., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first nine months of 2022 and 2021 were $94,670,000 and $94,554,000, resp...

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2022

EXTON, Pa., Sept. 30, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share paya...

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Second Quarter Earnings

EXTON, Pa., July 21, 2022 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first six months of 2022 and 2021 were $63,041,000 and $62,829,000, respe...

1 year ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2022

EXTON, Pa., June 10, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share payab...

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces Organizational Changes

EXTON, Pa., June 01, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that Mark F. Albino, its chief operating officer, is retiring after 26 years of service to...

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces First Quarter 2022 Earnings

EXTON, Pa., April 21, 2022 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first quarter of 2022 were $31,293,000 compared to $30,863,000 during th...

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces Departure of a Director: Bruce C. Klink

EXTON, Pa., April 06, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that Bruce C. Klink, a Class 2 director, has decided not to stand for re-election to the ...

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2022

EXTON, Pa., March 29, 2022 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.30 per share paya...

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces Fourth Quarter 2021 Earnings

EXTON, Pa, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's net sales for 2021 and 2020 were $130,011,000 and $105,796,000, respectively, increasing 22....

2 years ago - GlobeNewsWire

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2021

EXTON, Pa., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.30 per share payab...

2 years ago - GlobeNewsWire