FLEX LNG (FLNG) to Release Earnings on Thursday

FLEX LNG (NYSE:FLNG) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 22nd. Analysts expect FLEX LNG to post earnings of $0.50 per share and revenue of $87.70 million for the quarter.

FLEX LNG Trading Up 0.4%

FLEX LNG stock opened at $24.86 on Tuesday. The stock has a market capitalization of $1.34 billion, a PE ratio of 11.40 and a beta of 0.45. The company has a debt-to-equity ratio of 2.11, a current ratio of 2.99 and a quick ratio of 2.96. The business’s fifty day moving average is $22.92 and its 200 day moving average is $23.57. FLEX LNG has a one year low of $19.46 and a one year high of $30.48.

Institutional Investors Weigh In On FLEX LNG

A hedge fund recently raised its stake in FLEX LNG stock. Royal Bank of Canada lifted its position in FLEX LNG Ltd. (NYSE:FLNG) by 15.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,436 shares of the company’s stock after purchasing an additional 7,331 shares during the quarter. Royal Bank of Canada owned about 0.10% of FLEX LNG worth $1,275,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

FLNG has been the topic of a number of analyst reports. Fearnley Fonds raised FLEX LNG to a “hold” rating in a research report on Monday, February 17th. Jefferies Financial Group reaffirmed a “hold” rating and set a $23.00 price objective on shares of FLEX LNG in a report on Tuesday, February 4th.

FLEX LNG Company Profile

FLEX LNG Ltd. engages in the seaborne transportation of liquefied natural gas (LPG) through the ownership and operation of LNG carriers. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in September 2006 and is headquartered in Hamilton, Bermuda.