Omega Flex, Inc. (OFLX)
Market Cap | 1.10B |
Revenue (ttm) | 125.49M |
Net Income (ttm) | 23.62M |
Shares Out | 10.09M |
EPS (ttm) | 2.34 |
PE Ratio | 46.51 |
Forward PE | n/a |
Dividend | $1.26 (1.16%) |
Ex-Dividend Date | Dec 16, 2022 |
Volume | 10,851 |
Open | 107.93 |
Previous Close | 107.90 |
Day's Range | 107.48 - 109.20 |
52-Week Range | 77.28 - 140.59 |
Beta | 0.52 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Apr 20, 2023 |
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]
Financial Performance
In 2022, Omega Flex's revenue was $125.49 million, a decrease of -3.48% compared to the previous year's $130.01 million. Earnings were $23.62 million, a decrease of -9.82%.
Financial StatementsNews

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...

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....

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...

7 Short-Squeeze Stocks for Bold Contrarians to Consider
Throughout much of the new normal, the concept of short-squeeze stocks took off like wildfire. Essentially, this tactic centers on taking a contrarian bet against bearish traders in Wall Street's vers...

7 Small-Cap Stocks to Buy Before the Market Starts to Soar in 2023
Investors may want to target small-cap stocks to buy. Understandably, smaller and therefore less-proven enterprises present higher risks, which is why some folks avoid the sector.

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...

7 Short-Squeeze Stocks to Buy for Contrarian Investors
Short-squeeze stocks offer tremendous upside potential for people who laugh in the face of danger. Fundamentally, the concept involves betting against the pessimistic crowd with the aim of sparking a ...

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...

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...

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...

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...

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...

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 ...

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...

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....

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...

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 paya...

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 payab...

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 th...

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 payab...

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....

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 payab...

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 pa...

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 pay...