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Flex LNG Ltd. (FLNG)

Stock Price: $6.25 USD -0.56 (-8.22%)
Updated Oct 28, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 338.19M
Revenue (ttm) 119.97M
Net Income (ttm) 16.97M
Shares Out 54.11M
EPS (ttm) 0.15
PE Ratio 41.67
Forward PE 8.27
Dividend $0.40
Dividend Yield 6.40%

Stock Quote

Trading Day Oct 28, 2020
Last Price $6.25
Previous Close $6.81
Change ($) -0.56
Change (%) -8.22%
Day's Open 6.50
Day's Range 6.20 - 6.61
Day's Volume 13,023
52-Week Range 4.28 - 7.35

More Stats

Market Cap 338.19M
Enterprise Value 990.31M
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 54.11M
Float 29.22M
EPS (basic) 0.31
EPS (diluted) 0.15
FCF / Share -4.44
Dividend $0.40
Dividend Yield 6.40%
Earnings Yield 2.40%
FCF Yield n/a
Payout Ratio 32.30%
Shares Short 255,259
Short Ratio 13.53
Short % of Float 0.87%
Beta 0.29
PE Ratio 41.67
Forward PE 8.27
P/FCF Ratio n/a
PS Ratio 2.82
PB Ratio 0.48
Revenue 119.97M
Operating Income 55.01M
Net Income 16.97M
Free Cash Flow -240.02M
Net Cash -652.12M
Net Cash / Share -12.05
Gross Margin 62.61%
Operating Margin 45.85%
Profit Margin 14.10%
FCF Margin -200.07%
ROA 3.11%
ROE 0.34%
ROIC 2.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (8)

Buy 7
Overweight 0
Hold 0
Underweight 0
Sell 1

Analyst Consensus: Buy

Price Target

$11.95*
(91.20% upside)
Low
4.41
Current: $6.25
High
23.52
Target: 11.95
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017
Revenue12077.2127.33
Revenue Growth55.38%182.52%-
Gross Profit91.2651.05-9.20
Operating Income55.0129.00-12.61
Net Income16.9711.78-10.41
Shares Outstanding54.1054.10-
Earnings Per Share0.310.29-0.34
EPS Growth6.9%--
Dividend Per Share0.10--
Operating Cash Flow51.5335.71-17.75
Capital Expenditures-292-581-75.79
Free Cash Flow-240-546-93.54
Cash & Equivalents12955.109.96
Total Debt781455160
Net Cash / Debt-652-400-150
Assets1,6411,294685
Liabilities802467164
Book Value839827520
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Flex LNG Ltd.
Country Bermuda
Employees 8
CEO Øystein Moksheim Kalleklev

Stock Information

Ticker Symbol FLNG
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Midstream
Unique Identifier NYSE: FLNG

Description

Flex LNG, 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.