Omega Flex, Inc. (OFLX)

NASDAQ: OFLX · IEX Real-Time Price · USD
107.01
-0.30 (-0.28%)
Jun 24, 2022 4:00 PM EDT - Market closed
-0.28%
Market Cap 1.08B
Revenue (ttm) 130.44M
Net Income (ttm) 25.38M
Shares Out 10.09M
EPS (ttm) 2.52
PE Ratio 42.46
Forward PE n/a
Dividend $1.22 (1.14%)
Ex-Dividend Date Jun 23, 2022
Volume 21,480
Open 106.52
Previous Close 107.31
Day's Range 105.61 - 111.22
52-Week Range 97.16 - 163.27
Beta 0.41
Analysts n/a
Price Target n/a
Earnings Date Jul 15, 2022

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, as well as its fittings; 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 serve... [Read more...]

Industry Machinery
IPO Date Aug 1, 2005
Employees 170
Stock Exchange NASDAQ
Ticker Symbol OFLX
Full Company Profile

Financial Performance

In 2021, Omega Flex's revenue was $130.01 million, an increase of 22.89% compared to the previous year's $105.80 million. Earnings were $26.20 million, an increase of 31.57%.

Financial Statements

News

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 payable...

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 t...

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 the ...

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 bo...

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 payabl...

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 22.9%.

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 payable...

Omega Flex, Inc. Announces Third Quarter Earnings

EXTON, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first nine months of 2021 and 2020 were $94,554,000 and $74,171,000, respec...

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

EXTON, Pa., Sept. 15, 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 payabl...

Omega Flex, Inc. Announces Second Quarter Earnings

EXTON, Pa., July 16, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first six months of 2021 and 2020 were $62,829,000 and $47,084,000, respect...

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

EXTON, Pa., June 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 payable...

Omega Flex, Inc. Announces First Quarter 2021 Earnings

EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the ...

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

EXTON, Pa., March 24, 2021 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ:OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable...

Omega Flex, Inc. Announces Fourth Quarter 2020 Earnings

EXTON, Pa., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's net sales for 2020 and 2019 were $105,796,000 and $111,360,000, respectively, decreasing 5.0%.

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending December 31, 2020

EXTON, Pa., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable...

Omega Flex, Inc. Announces Third Quarter 2020 Earnings

EXTON, Pa., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Omega Flex today reported its results of operations for the Third Quarter, 2020:

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending September 30, 2020

EXTON, Pa., Sept. 23, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share paya...

Omega Flex, Inc. Announces Regular Quarterly Dividend

EXTON, Pa., June 24, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payab...

An Annual Review on the CORA portfolio

“The greatest companies in lousy industries share certain characteristics. They are low-cost operators and penny-pinchers in the executive suite.

Other symbols: ATRICHEROL

Omega Flex, Inc. Innovations at Work During COVID-19 Crisis

MediTrac® Flexible Medical Gas Piping Speeds Up Deployment of Medical Gases MediTrac® Flexible Medical Gas Piping Speeds Up Deployment of Medical Gases

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending March 31, 2020

EXTON, Pa., April 01, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share paya...

Omega Flex, Inc. Announces Special Dividend to Shareholders

EXTON, Pa., Dec. 16, 2019 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a special dividend of $3.50 per share payable on Dece...

Omega Flex, Inc. Announces Quarterly Dividend to Shareholders

EXTON, Pa., Dec. 12, 2019 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payab...

Omega Flex, Inc. Announces 3rd Quarter 2019 Earnings

EXTON, Pa., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Omega Flex today reported its results of operations for the Third Quarter, 2019: