S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:FLNG

FLEX LNG Stock Forecast, Price & News

$23.58
+0.24 (+1.03%)
(As of 11/26/2021 04:00 PM ET)
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Compare
Today's Range
$22.83
$23.74
50-Day Range
$15.24
$23.58
52-Week Range
$7.50
$23.87
Volume
152,612 shs
Average Volume
75,722 shs
Market Capitalization
$1.25 billion
P/E Ratio
10.62
Dividend Yield
6.86%
Beta
1.33
30 days | 90 days | 365 days | Advanced Chart
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FLEX LNG logo

About FLEX LNG

FLEX LNG Ltd. engages in the operation of carrier vessels. It focuses on the engineering and construction of liquefied natural gas producer units. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in August 2006 and is headquartered in Hamilton, Bermuda.

Headlines

FLEX LNG (NYSE:FLNG) Sees Unusually-High Trading Volume
November 24, 2021 |  americanbankingnews.com
FLEX LNG (NYSE:FLNG) Shares Gap Down to $23.33
November 23, 2021 |  americanbankingnews.com
FLEX LNG (NYSE:FLNG) Sets New 52-Week High at $23.15
November 22, 2021 |  americanbankingnews.com
FLEX LNG Ltd. (NYSE:FLNG) to Issue Quarterly Dividend of $0.75
November 18, 2021 |  americanbankingnews.com
FLEX LNG (NYSE:FLNG) Announces Quarterly Earnings Results
November 17, 2021 |  americanbankingnews.com
FLEX LNG (NYSE:FLNG) Announces Quarterly Earnings Results
November 17, 2021 |  americanbankingnews.com
FLEX LNG (NYSE:FLNG) Sees Strong Trading Volume After Earnings Beat
November 17, 2021 |  americanbankingnews.com
Flex LNG - Third Quarter 2021 Earnings Release
November 16, 2021 |  finance.yahoo.com
Flex LNG - Third Quarter 2021 Presentation
November 16, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Employees
9
Year Founded
N/A

Sales & Book Value

Annual Sales
$164.46 million
Cash Flow
$1.46 per share
Book Value
$16.19 per share

Profitability

Net Income
$8.10 million
Pretax Margin
40.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.25 billion
Optionable
Not Optionable

Company Calendar

Ex-Dividend
9/01/2021
Dividend Payable
9/16/2021
Last Earnings
11/16/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

MarketRank

Overall MarketRank

1.71 out of 5 stars

Transportation Sector

120th out of 172 stocks

Water Transportation Industry

20th out of 25 stocks

Analyst Opinion: 0.0Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












FLEX LNG (NYSE:FLNG) Frequently Asked Questions

Is FLEX LNG a buy right now?

3 Wall Street equities research 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 equities research analysts is that investors should "buy" FLEX LNG stock.
View analyst ratings for FLEX LNG
or view top-rated stocks.

How has FLEX LNG's stock price been impacted by COVID-19 (Coronavirus)?

FLEX LNG's stock was trading at $5.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FLNG stock has increased by 368.8% and is now trading at $23.58.
View which stocks have been most impacted by COVID-19
.

Are investors shorting FLEX LNG?

FLEX LNG saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 63,800 shares, a decrease of 39.1% from the October 31st total of 104,800 shares. Based on an average trading volume of 115,800 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.
View FLEX LNG's Short Interest
.

When is FLEX LNG's next earnings date?

FLEX LNG is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for FLEX LNG
.

How were FLEX LNG's earnings last quarter?

FLEX LNG Ltd. (NYSE:FLNG) posted its quarterly earnings data on Tuesday, November, 16th. The company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.58 by $0.02. FLEX LNG had a net margin of 40.03% and a trailing twelve-month return on equity of 12.44%.
View FLEX LNG's earnings history
.

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

FLEX LNG announced a quarterly dividend on Wednesday, November 17th. Stockholders of record on Thursday, December 2nd will be paid a dividend of $0.75 per share on Friday, December 17th. This represents a $3.00 annualized dividend and a dividend yield of 12.72%. The ex-dividend date is Wednesday, December 1st.
View FLEX LNG's dividend history
.

Is FLEX LNG a good dividend stock?

FLEX LNG pays an annual dividend of $1.60 per share and currently has a dividend yield of 6.86%. FLNG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. FLEX LNG has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of FLEX LNG is 72.07%. This payout ratio is at a healthy, sustainable level, below 75%.
View FLEX LNG's dividend history.

Who are FLEX LNG's key executives?

FLEX LNG's management team includes the following people:
  • Øystein Moksheim Kalleklev, Chief Executive Officer
  • Knut Traaholt, Chief Financial Officer
  • Jannicke Eilertsen, Compliance Officer
  • Ben Martin, Chief Commercial Officer
  • James G. Ayers, Secretary

What is FLEX LNG's stock symbol?

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

Who are FLEX LNG's major shareholders?

FLEX LNG's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (5.17%), Donald Smith & CO. Inc. (4.37%), Folketrygdfondet (1.24%), Skandinaviska Enskilda Banken AB publ (0.67%), Credit Suisse AG (0.54%) and Segall Bryant & Hamill LLC (0.38%).

Which major investors are selling FLEX LNG stock?

FLNG stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Goldman Sachs Group Inc., Janus Henderson Group PLC, Deutsche Bank AG, Two Sigma Investments LP, Skandinaviska Enskilda Banken AB publ , Credit Suisse AG, and Barclays PLC.

Which major investors are buying FLEX LNG stock?

FLNG stock was purchased by a variety of institutional investors in the last quarter, including Folketrygdfondet, Renaissance Technologies LLC, Citigroup Inc., UBS Group AG, 180 Wealth Advisors LLC, Advisor Group Holdings Inc., Hsbc Holdings PLC, and Arkadios Wealth Advisors.

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.
Compare Top Brokerages Here.

What is FLEX LNG's stock price today?

One share of FLNG stock can currently be purchased for approximately $23.58.

How much money does FLEX LNG make?

FLEX LNG has a market capitalization of $1.25 billion and generates $164.46 million in revenue each year. The company earns $8.10 million in net income (profit) each year or $2.22 on an earnings per share basis.

How many employees does FLEX LNG have?

FLEX LNG employs 9 workers across the globe.

What is FLEX LNG's official website?

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

Where are FLEX LNG's headquarters?

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 or via fax at 1-441-295-3494.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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