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. FLEX LNG employs 9 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in FLEX LNG
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- 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.
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What's in this guide?
FLEX LNG stock price (NYSE: FLNG)Use our graph to track the performance of FLNG stocks over time.
FLEX LNG shares at a glance
|Latest market close||$15.40|
|52-week range||$4.79 - $15.29|
|50-day moving average||$14.39|
|200-day moving average||$11.21|
|Wall St. target price||N/A|
|Dividend yield||$0.8 (5.86%)|
|Earnings per share (TTM)||$1.29|
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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.
FLEX LNG price performance over time
|1 week (2021-07-16)||N/A|
|1 month (2021-06-25)||2.60%|
|3 months (2021-04-27)||28.76%|
|6 months (2021-01-23)||N/A|
|1 year (2020-07-23)||N/A|
|2 years (2019-07-23)||N/A|
|3 years (2018-07-23)||N/A|
|5 years (2016-07-23)||N/A|
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 11x. In other words, FLEX LNG shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
FLEX LNG's EBITDA
FLEX LNG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $148.4 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||$207.5 million|
|Operating margin TTM||50.15%|
|Gross profit TTM||$123.8 million|
|Return on assets TTM||3.21%|
|Return on equity TTM||8.36%|
|Market capitalisation||$726.9 million|
TTM: trailing 12 months
Shorting FLEX LNG shares
There are currently 125,269 FLEX LNG shares held short by investors – that's known as FLEX LNG's "short interest". This figure is 3.3% down from 129,532 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 47450.378787879). FLEX LNG's SIR currently stands at 2.64. In other words for every 100,000 FLEX LNG shares traded daily on the market, roughly 2640 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
Dividend payout ratio: 34.72% of net profits
Recently FLEX LNG has paid out, on average, around 34.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.92% 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 11.92% return on their shares, in the form of dividend payments. In FLEX LNG's case, that would currently equate to about $0.8 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 15 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 May 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 $4.7851 up to $15.29. 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 0.6006. 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 March 15, 2021, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and three generation X dual fuel LNG carriers. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. .
Stocks similar to FLEX LNG
FLEX LNG in the news
Flex LNG Stock Getting Very Oversold
FLNG – Repurchase of shares
FLNG – Repurchase of shares
Frequently asked questionsWhat percentage of FLEX LNG is owned by insiders or institutions?
Currently 52.215% of FLEX LNG shares are held by insiders and 21.246% by institutions. How many people work for FLEX LNG?
Latest data suggests 9 work at FLEX LNG. When does the fiscal year end for FLEX LNG?
FLEX LNG's fiscal year ends in December. Where is FLEX LNG based?
FLEX LNG's address is: Par-La-Ville Place, Hamilton, Bermuda, HM08 What is FLEX LNG's ISIN number?
FLEX LNG's international securities identification number is: BMG359472021 What is FLEX LNG's CUSIP number?
FLEX LNG's Committee on Uniform Securities Identification Procedures number is: G35947202
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