Omega Flex, Inc. (OFLX)
Market Cap | 676.32M |
Revenue (ttm) | 111.47M |
Net Income (ttm) | 20.76M |
Shares Out | 10.09M |
EPS (ttm) | 2.06 |
PE Ratio | 32.52 |
Forward PE | n/a |
Dividend | $1.32 (1.97%) |
Ex-Dividend Date | Apr 9, 2024 |
Volume | 15,203 |
Open | 66.07 |
Previous Close | 66.85 |
Day's Range | 66.07 - 67.85 |
52-Week Range | 63.43 - 117.63 |
Beta | 0.35 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Apr 30, 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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...