FLEX LNG/FLNG

$25.44

-0.89%
-
1D1W1MYTD1YMAX

About FLEX LNG

FLEX LNG Ltd. is an owner and commercial operator of fuel efficient, fifth generation liquefied natural gas (LNG) carriers. The Company’s business is focused on the operation of its long-term charters for its fleet. It owns and operates about nine M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers, of which four have partial re-liquefaction systems installed and three have full re-liquefaction systems installed, and four Generation X Dual Fuel (X-DF) LNG carriers. The Company’s operating vessels include Flex Endeavour, Flex Enterprise, Flex Ranger, Flex Rainbow, Flex Constellation, Flex Courageous, Flex Aurora, Flex Amber, Flex Artemis, Flex Resolute, Flex Freedom, Flex Volunteer, and Flex Vigilant. Its subsidiaries include Flex LNG Chartering Limited, Flex LNG Management AS, Flex LNG Bermuda Management Limited, Flex LNG Management Limited, Flex LNG Fleet Limited, Flex LNG Endeavour Limited, Flex LNG Enterprise Limited, Flex Vigilant Limited, and others.

Ticker

FLNG

Sector

Energy

Trading on

NYSE

Industry

Water Transportation

CEO

Oystein Kalleklev

Employees

10

Headquarters

Hamilton, Bermuda

FLEX LNG Metrics

BasicAdvanced
$1.42B
Market cap
11.73
P/E ratio
$2.22
EPS
0.66
Beta
$3.25
Dividend rate
12.07%
Dividend yield
$1.42B
0.66288
$34.29
$22.98
23.75K
$3.25
2.891
2.858
201.53
213.784
145.42%
231.986
2.54%
4.46%
13.68%
4.72%
11.731
3.835
1.654
1.678
9.34%
12.45%
12.07%
0.61%
-3.38%
31.15%
146.03%
101.04%

What the Analysts think about FLEX LNG

Analyst Ratings

Majority rating from 9 analysts.
Hold

Price Targets

Average projection from 6 analysts.
14.47% upside
High $31.43
Low $23.00
$25.44
Current price
$29.12
Average price target

FLEX LNG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
19.85% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$97.2M
2.86%
Net income
$19.3M
-57.21%
Profit margin
19.85%
-58.4%

FLEX LNG Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 0.47%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.65
$0.52
$0.54
$0.70
-
Expected
$0.70
$0.59
$0.66
$0.70
$0.58
Surprise
-6.7%
-12.46%
-17.78%
-0.47%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for FLEX LNG stock?

FLEX LNG (FLNG) has a market cap of $1.42B as of April 15, 2024.

What is the P/E ratio for FLEX LNG stock?

The price to earnings (P/E) ratio for FLEX LNG (FLNG) stock is 11.73 as of April 15, 2024.

Does FLEX LNG stock pay dividends?

Yes, the FLEX LNG (FLNG) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $3.25 and the yield is 12.07%. FLEX LNG has a payout ratio of 145.42% on a trailing twelve-month basis.

When is the next FLEX LNG dividend payment date?

The next FLEX LNG (FLNG) dividend payment date is unconfirmed.

What is the beta indicator for FLEX LNG?

FLEX LNG (FLNG) has a beta rating of 0.66. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the FLEX LNG stock price target?

The target price for FLEX LNG (FLNG) stock is $29.12, which is 14.47% above the current price of $25.44. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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