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How to buy FLEX LNG (FLNG) stocks

Learn how to easily invest in FLEX LNG stocks.

FLEX LNG

NYSE: FLNG-USD

About 8 hours ago

$25.52

+$0.21 (+0.83%)

Buy FLEX LNG Stock

FLEX LNG is an oil & gas midstream business based in the US. FLEX LNG shares (FLNG.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $25.51 – an increase of 0.79% over the previous day. FLEX LNG employs 10 staff and has a trailing 12-month revenue of around $371 million.

How to buy shares in FLEX LNG

Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
Open your account. Provide your personal information and sign up.
Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
Search the platform for stock code: FLNG in this case.
Research stocks. The platform should provide the latest information available.
Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

Is it a good time to buy FLEX LNG stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

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

Share price volatility

Over the last 12 months, FLEX LNG's shares have ranged in value from as little as $24.16 up to $32.2555. 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 1.021. This would suggest that FLEX LNG's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $25.51

1 week (2024-04-10)	-0.62%
1 month (2024-03-17)	0.99%
3 months (2024-01-17)	-13.99%
6 months (2023-10-17)	-18.18%
1 year (2023-04-17)	-28.08%
2 years (2022-04-17)	-19.78%
3 years (2021-04-15)	118.03%
5 years (2019-04-14)	74.73%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is FLEX LNG under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the FLEX LNG P/E ratio, PEG ratio and EBITDA

P/E ratio
FLEX LNG EBITDA

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

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). 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 (earnings before interest, taxes, depreciation and amortisation) is $282.9 million ($0.0 million CAD).

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

Frequently asked questions

- Dividend yield
- Forward yield
Dividend yield: 11.9% of stock value
Forward annual dividend yield: 11.9% of stock value

FLEX LNG has recently paid out dividends equivalent to 11.90% of its share value annually.

FLEX LNG has paid out, on average, around 122.91% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 11.9% 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 4 March 2024. The latest dividend was paid out to all shareholders who bought their shares by 21 February 2024 (the "ex-dividend date").
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.
It's as easy to sell FLEX LNG as it is to buy! Here's how to sell FLEX LNG stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your FLEX LNG shares. Your investment platform will let you know when your shares are sold

FLEX LNG financials

Revenue TTM	$371 million
Operating margin TTM	59.37%
Gross profit TTM	$282 million
Return on assets TTM	5.04%
Return on equity TTM	13.68%
Profit margin	32.35%
Book value	$15.77
Market capitalisation	$1.4 billion

TTM: trailing 12 months

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

How to buy FLEX LNG (FLNG) stocks