S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
Log in
NYSE:FLNG

Flex LNG Stock Forecast, Price & News

$8.98
-0.26 (-2.81 %)
(As of 01/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$8.81
Now: $8.98
$9.44
50-Day Range
$8.40
MA: $9.14
$10.46
52-Week Range
$3.40
Now: $8.98
$10.65
Volume87,424 shs
Average Volume58,816 shs
Market Capitalization$485.84 million
P/E Ratio74.83
Dividend YieldN/A
Beta1.43
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of December 31, 2019, it owned and operated six LNG carriers. It also provides chartering and management services. Flex LNG Ltd. was founded in 2006 and is based in Hamilton, Bermuda.

MarketRank

Overall MarketRank

0.63 out of 5 stars

Transportation Sector

182nd out of 237 stocks

Water Transportation Industry

23rd out of 29 stocks

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone441 295 6935
Employees8

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$119.97 million
Cash Flow$0.77 per share
Book Value$15.51 per share

Profitability

Net Income$16.97 million

Miscellaneous

Market Cap$485.84 million
Next Earnings Date2/24/2021 (Estimated)
OptionableNot Optionable
$8.98
-0.26 (-2.81 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive FLNG News and Ratings via Email

Sign-up to receive the latest news and ratings for FLNG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Flex LNG (NYSE:FLNG) Frequently Asked Questions

How has Flex LNG's stock been impacted by Coronavirus?

Flex LNG's stock was trading at $5.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FLNG shares have increased by 78.5% and is now trading at $8.98.
View which stocks have been most impacted by COVID-19
.

Is Flex LNG a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flex LNG in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Flex LNG stock.
View analyst ratings for Flex LNG
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Flex LNG?

Wall Street analysts have given Flex LNG a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Flex LNG wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Flex LNG's CEO?

6,978 employees have rated Flex LNG CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Flex LNG's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Flex LNG's next earnings date?

Flex LNG is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Flex LNG
.

How were Flex LNG's earnings last quarter?

Flex LNG Ltd. (NYSE:FLNG) issued its quarterly earnings data on Tuesday, November, 17th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.06. The firm earned $33.15 million during the quarter. Flex LNG had a return on equity of 4.10% and a net margin of 4.12%.
View Flex LNG's earnings history
.

How often does Flex LNG pay dividends? What is the dividend yield for Flex LNG?

Flex LNG declared a semi-annual dividend on Thursday, November 19th. Stockholders of record on Thursday, December 3rd will be given a dividend of $0.10 per share on Thursday, December 17th. This represents a yield of 5.4%. The ex-dividend date is Wednesday, December 2nd.
View Flex LNG's dividend history
.

Are investors shorting Flex LNG?

Flex LNG saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 91,700 shares, an increase of 16.8% from the December 15th total of 78,500 shares. Based on an average daily trading volume, of 25,900 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.3% of the shares of the stock are short sold.
View Flex LNG's Short Interest
.

Who are some of Flex LNG's key competitors?

Who are Flex LNG's key executives?

Flex LNG's management team includes the following people:
  • Mr. Øystein M. Kalleklev, Principal Exec. Officer (Age 41)
  • Mr. Harald Gurvin, Principal Financial Officer (Age 46)
  • Ms. Jannicke Eilertsen, Compliance Officer
  • Mr. Thomas Thorkildsen, Sr. VP of Bus. Devel.
  • Mr. H. Marius Foss, Head of Commercial & Operation Flex LNG Management AS
  • Mr. Thorolf Aurstad, Sr. VP of Fin.
  • Mr. Ben Martin, Chief Commercial Officer
  • Mr. Lars Pedersen, Chief Technical Officer of Frontline Management & MD of Flex Fleet Management
  • Mr. James Ayers, Company Sec.

What is Flex LNG's stock symbol?

Flex LNG trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLNG."

How do I buy shares of Flex LNG?

Shares of FLNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Flex LNG's stock price today?

One share of FLNG stock can currently be purchased for approximately $8.98.

How big of a company is Flex LNG?

Flex LNG has a market capitalization of $485.84 million and generates $119.97 million in revenue each year. Flex LNG employs 8 workers across the globe.

What is Flex LNG's official website?

The official website for Flex LNG is www.flexlng.com.

How can I contact Flex LNG?

Flex LNG's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, . The company can be reached via phone at 441 295 6935.

This page was last updated on 1/24/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.