How to buy Flex LNG stock - 21 April

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How to buy Flex LNG stock

Own Flex LNG stock in just a few minutes.

Flex LNG Ltd is an oil & gas midstream business based in the US. Flex LNG shares (FLNG) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Flex LNG

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FLNG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Flex LNG share price

Use our graph to track the performance of FLNG stocks over time.

Flex LNG shares at a glance

Information last updated 2021-03-18.
52-week range$3.42 - $10.29
50-day moving average $8.61
200-day moving average $7.69
Wall St. target priceN/A
PE ratio 58.3333
Dividend yield $0.1 (1.15%)
Earnings per share (TTM) $0.15

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Flex LNG stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Flex LNG under- or over-valued?

Valuing Flex LNG stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Flex LNG's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Flex LNG's P/E ratio

Flex LNG's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 58x. In other words, Flex LNG shares trade at around 58x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Flex LNG's EBITDA

Flex LNG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $113.8 million.

The EBITDA is a measure of a Flex LNG's overall financial performance and is widely used to measure a its profitability.

Flex LNG financials

Revenue TTM $164.5 million
Operating margin TTM 45.98%
Gross profit TTM $123.8 million
Return on assets TTM 2.4%
Return on equity TTM 0.97%
Profit margin 4.93%
Book value $15.17
Market capitalisation $459.5 million

TTM: trailing 12 months

Shorting Flex LNG shares

There are currently 125,295 Flex LNG shares held short by investors – that's known as Flex LNG's "short interest". This figure is 19.1% down from 154,895 last month.

There are a few different ways that this level of interest in shorting Flex LNG shares can be evaluated.

Flex LNG's "short interest ratio" (SIR)

Flex LNG's "short interest ratio" (SIR) is the quantity of Flex LNG shares currently shorted divided by the average quantity of Flex LNG shares traded daily (recently around 64253.846153846). Flex LNG's SIR currently stands at 1.95. In other words for every 100,000 Flex LNG shares traded daily on the market, roughly 1950 shares are currently held short.

However Flex LNG's short interest can also be evaluated against the total number of Flex LNG shares, or, against the total number of tradable Flex LNG shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Flex LNG's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Flex LNG shares in existence, roughly 0 shares are currently held short) or 0.0044% of the tradable shares (for every 100,000 tradable Flex LNG shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Flex LNG.

Find out more about how you can short Flex LNG stock.

Flex LNG share dividends

44%

Dividend payout ratio: 44.42% of net profits

Recently Flex LNG has paid out, on average, around 44.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Flex LNG shareholders could enjoy a 5.73% return on their shares, in the form of dividend payments. In Flex LNG's case, that would currently equate to about $0.1 per share.

While Flex LNG's payout ratio might seem fairly standard, it's worth remembering that Flex LNG may be investing much of the rest of its net profits in future growth.

Flex LNG's most recent dividend payout was on 16 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 March 2021 (the "ex-dividend date").

Have Flex LNG's shares ever split?

Flex LNG's shares were split on a 1:10 basis on 10 March 2019. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Flex LNG shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Flex LNG shares which in turn could have impacted Flex LNG's share price.

Flex LNG share price volatility

Over the last 12 months, Flex LNG's shares have ranged in value from as little as $3.4151 up to $10.2926. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Flex LNG's is 0.473. This would suggest that Flex LNG's shares are less volatile than average (for this exchange).

Flex LNG overview

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. .

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