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Omega Flex, Inc. (OFLX)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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147.50+3.84 (+2.67%)
At close: 4:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close143.66
Open147.50
Bid0.00 x 1100
Ask176.24 x 800
Day's Range144.33 - 147.50
52 Week Range72.95 - 193.60
Volume1,917
Avg. Volume12,485
Market Cap1.489B
Beta (5Y Monthly)0.33
PE Ratio (TTM)74.80
EPS (TTM)1.97
Earnings DateJul 14, 2021 - Jul 19, 2021
Forward Dividend & Yield1.12 (0.76%)
Ex-Dividend DateApr 01, 2021
1y Target EstN/A
  • Omega Flex, Inc. Announces First Quarter 2021 Earnings
    GlobeNewswire

    Omega Flex, Inc. Announces First Quarter 2021 Earnings

    EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE) -- OMEGA FLEX, INC. (OFLX) Three Months Ended March 31, 2021 2020 Net Sales $30,863,000 $25,266,000 Net Income attributable to Omega Flex, Inc. $6,267,000 $4,344,000 Earnings Per Share - Basic and Diluted $0.62 $0.43 Weighted Average Shares - Basic and Diluted 10,094,322 10,094,322 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 first quarter of last year, increasing $5,597,000 or 22.2%. Net Income was $6,267,000 for the first three months of 2021 versus $4,344,000 during the same period last year, increasing $1,923,000 or 44.3%. In contrast to the first quarter of last year which was impeded by the pandemic, the first quarter of 2021 reflects the Company’s best first quarter on record. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of Omega Flex to control. Certain statements in this news release constitute forward-looking statements with the meaning of the Private Securities Litigation Reform act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this news release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions or circumstances. Contact:Kevin R. Hoben (610) 524-7272

  • Omega Flex, Inc. (NASDAQ:OFLX) Goes Ex-Dividend Soon
    Simply Wall St.

    Omega Flex, Inc. (NASDAQ:OFLX) Goes Ex-Dividend Soon

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Omega Flex...

  • Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2021
    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 payable on April 14, 2021 to shareholders of record on April 5, 2021. Kevin R. Hoben, the Company’s chairman stated that: “The commitment to maintain the regular quarterly dividend at this challenging time for the country and the economy is the best indication of our belief in the Company’s ability to weather this storm.” In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of our control. Certain statements in this news release constitute forward-looking statements with the meaning of the Private Securities Litigation Reform act of 1995, that are not historical facts but rather reflect our current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company (including its subsidiaries and affiliates) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which reflect management’s view only as of the date of this news release. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions or circumstances. Contact: Kevin R. Hoben(860) 704-6820