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Relatively High Earnings Yield Detected in Shares of Flexsteel Inds in the Home Furnishings Industry (FLXS, BSET, HOFT, MHK, ETH)

By Nick Russo

Below are the three companies in the Home Furnishings industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.

Flexsteel Inds ranks highest with a an earnings yield of 17.1%. Following is Bassett Furn with a an earnings yield of 12.3%. Hooker Furniture ranks third highest with a an earnings yield of 11.6%.

Mohawk Inds follows with a an earnings yield of 10.3%, and Ethan Allen rounds out the top five with a an earnings yield of 8.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 24th, 2020 by issuing a Downtrend alert when the shares were trading at $14.64. Since that call, shares of Bassett Furn have fallen 28.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest earnings yield flexsteel inds bassett furn hooker furniture mohawk inds ethan allen