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How to buy FLEX LNG stock
Learn how to easily invest in FLEX LNG stock.
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 8 staff and has a trailing 12-month revenue of around $355.1 million.
How to buy shares in FLEX LNG
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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||$28.43|
|52-week range||$15.09 - $35.61|
|50-day moving average||$32.59|
|200-day moving average||$26.79|
|Wall St. target price||N/A|
|Dividend yield||$3 (10.55%)|
|Earnings per share (TTM)||$3.45|
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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 (2022-09-20)||-13.40%|
|1 month (2022-08-26)||-18.07%|
|3 months (2022-06-27)||-1.01%|
|6 months (2022-03-25)||-1.18%|
|1 year (2021-09-27)||58.56%|
|2 years (2020-09-25)||425.51%|
|3 years (2019-09-27)||194.61%|
|5 years (2017-09-23)||N/A|
Is FLEX LNG stock undervalued or overvalued?
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 8x. In other words, FLEX LNG shares trade at around 8x 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 $273.3 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||$355.1 million|
|Operating margin TTM||59.28%|
|Gross profit TTM||$278.9 million|
|Return on assets TTM||5.05%|
|Return on equity TTM||22.96%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
FLEX LNG share dividends
Dividend payout ratio: 95.8% of net profits
Recently FLEX LNG has paid out, on average, around 95.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.55% 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 10.55% return on their shares, in the form of dividend payments. In FLEX LNG's case, that would currently equate to about $3 per share.
FLEX LNG's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
FLEX LNG's most recent dividend payout was on 12 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 September 2022 (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 $15.0888 up to $35.6106. 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 0.2978. 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 February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. .
FLEX LNG in the news
Flex LNG - Presentation at the Pareto Securities' 29th Energy Conference
Flex LNG - Mandatory notification pf trade by primary insiders
Flex LNG - Ex Date Q2 2022
Frequently asked questionsWhat percentage of FLEX LNG is owned by insiders or institutions?
Currently 47.19% of FLEX LNG shares are held by insiders and 25.838% by institutions. How many people work for FLEX LNG?
Latest data suggests 8 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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