In last trading session, Flex Lng Ltd (NYSE:FLNG) saw 0.81 million shares changing hands with its beta currently measuring 0.45. Company’s recent per share price level of $22.99 trading at -$0.41 or -1.75% at ring of the bell on the day assigns it a market valuation of $1.22B. That closing price of FLNG’s stock is at a discount of -22.97% from its 52-week high price of $28.27 and is indicating a premium of 15.35% from its 52-week low price of $19.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 380.65K if we extend that period to 3-months.
Flex Lng Ltd (NYSE:FLNG) trade information
Upright in the red during last session for losing -1.75%, in the last five days FLNG remained trading in the red while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $22.99 price level, adding 6.81% to its value on the day. Flex Lng Ltd’s shares saw a change of -17.78% in year-to-date performance and have moved -4.21% in past 5-day. Flex Lng Ltd (NYSE:FLNG) showed a performance of -4.17% in past 30-days. Number of shares sold short was 2.29 million shares which calculate 6.07 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 24 to the stock, which implies a rise of 4.21% to its current value. Analysts have been projecting 24 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would drop -4.39% in reaching the projected high whereas dropping to the targeted low would mean a loss of -4.39% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 47.35% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -23.28% while estimates for its earnings growth in next 5 years are of 0.04%.
FLNG Dividends
Flex Lng Ltd is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 13.05%, the share has a forward dividend of 3.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 8.24%.
Flex Lng Ltd (NYSE:FLNG)’s Major holders
Insiders are in possession of 42.56% of company’s total shares while institution are holding 24.62 percent of that, with stock having share float percentage of 42.86%. Investors also watch the number of corporate investors in a company very closely, which is 24.62% institutions for Flex Lng Ltd that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at FLNG for having 1.55 million shares of worth $41.82 million. And as of 2024-06-30, it was holding 2.872 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.29 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.3894 of outstanding shares, having a total worth of $34.79 million.
