Flex LNG (NYSE:FLNG) Stock Lifted to “Hold” by Pareto Securities

Pareto Securities upgraded shares of Flex LNG (NYSE:FLNG) from a strong sell rating to a hold rating in a report published on Thursday,Zacks reports.

A number of other brokerages also recently weighed in on FLNG. Weiss Ratings downgraded Flex LNG from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. BTIG Research restated a “neutral” rating on shares of Flex LNG in a report on Thursday. Finally, Wall Street Zen raised shares of Flex LNG from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $25.00.

Flex LNG Stock Up 2.0%

Shares of Flex LNG stock opened at $25.81 on Thursday. The stock has a 50-day moving average price of $29.66 and a 200 day moving average price of $29.94. The company has a market cap of $1.40 billion, a P/E ratio of 10.84 and a beta of 0.24. The company has a current ratio of 2.69, a quick ratio of 2.64 and a debt-to-equity ratio of 2.40. Flex LNG has a 1 year low of $24.14 and a 1 year high of $33.40.

Flex LNG (NYSE:FLNG) last announced its quarterly earnings data on Wednesday, November 11th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. Flex LNG had a return on equity of 16.67% and a net margin of 34.59%. The firm had revenue of $97.38 million during the quarter, compared to analyst estimates of $95.34 million.

Flex LNG Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 27th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Friday, November 27th. Flex LNG’s payout ratio is currently 157.89%.

Hedge Funds Weigh In On Flex LNG

A number of hedge funds have recently modified their holdings of FLNG. Renaissance Technologies LLC raised its holdings in shares of Flex LNG by 42.5% during the first quarter. Renaissance Technologies LLC now owns 1,170,795 shares of the company’s stock worth $34,784,000 after acquiring an additional 349,191 shares in the last quarter. Trek Financial LLC acquired a new stake in Flex LNG during the third quarter valued at $5,290,000. Mn Services Vermogensbeheer B.V. acquired a new stake in Flex LNG during the third quarter valued at $3,297,000. Russell Investments Group Ltd. acquired a new stake in Flex LNG during the third quarter valued at $2,671,000. Finally, Bank of America Corp DE grew its stake in Flex LNG by 88.4% in the first quarter. Bank of America Corp DE now owns 152,341 shares of the company’s stock valued at $4,526,000 after purchasing an additional 71,477 shares in the last quarter.

Latest Flex LNG News

Here’s some of the latest news about FLNG:

• Positive Sentiment: Q3 EPS of $0.65 topped the $0.64 consensus, and revenue of $97.38 million exceeded the $95.34 million estimate—an earnings beat that could help sentiment. Flex LNG Q3 earnings
• Neutral Sentiment: FY 2026 revenue guidance of $345 million–$370 million has a midpoint of $357.5 million, nearly matching the $357.6 million consensus; the range offers little clear change to expectations.
• Negative Sentiment: Coverage highlighted pressure on shipping rates despite the earnings beat, and another report described quarterly revenue as falling to $97.4 million. That operating backdrop may temper the positive results. Flex LNG Q3 2026: Record Revenues, but Rate Pressure Clouds the Beat

Flex LNG Company Profile

Flex LNG Ltd. is an international shipping company focused on the transportation of liquefied natural gas (LNG). The company owns and operates LNG carriers that move natural gas by sea between producers and customers around the world. Flex LNG charters its vessels to energy companies and other participants in the LNG market. Its fleet includes ships equipped with modern propulsion technologies designed for efficient LNG transportation. Founded in 2006, Flex LNG is incorporated in Bermuda and has operations managed from Oslo, Norway.