Omega Flex, Inc. (OFLX)

NASDAQ: OFLX · IEX Real-Time Price · USD
108.85
+0.94 (0.88%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.88%
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]

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

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 Statements

News

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 day 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 month 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...

4 months ago - GlobeNewsWire

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...

Other symbols: GHRSJANXPOLARDVTVIA
4 months ago - InvestorPlace

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.

Other symbols: CEVAFFHZOMHHNOAHNRC
5 months ago - InvestorPlace

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...

5 months ago - GlobeNewsWire

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 ...

6 months ago - InvestorPlace

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...

6 months 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...

8 months 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...

10 months 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...

10 months 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...

1 year 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 ...

1 year 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...

1 year 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....

1 year 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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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....

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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:

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

3 years ago - GlobeNewsWire