Flex LNG (NYSE:FLNG) Stock Rating Upgraded by Pareto Securities

Flex LNG (NYSE:FLNG) was upgraded by equities research analysts at Pareto Securities from a “strong sell” rating to a “hold” rating in a research note issued on Thursday, Zacks reports.

Several other brokerages also recently issued reports 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 research note on Thursday. Finally, Wall Street Zen raised 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $25.00.

Flex LNG Price Performance

FLNG opened at $25.81 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.69 and a debt-to-equity ratio of 2.40. The company’s 50-day moving average price is $29.66 and its 200 day moving average price is $29.94. Flex LNG has a fifty-two week low of $24.14 and a fifty-two week high of $33.40. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 10.84 and a beta of 0.24.

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

Institutional Investors Weigh In On Flex LNG

Large investors have recently made changes to their positions in the company. 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 valued at $34,784,000 after buying an additional 349,191 shares during the last quarter. Trek Financial LLC acquired a new position in shares of Flex LNG during the third quarter worth approximately $5,290,000. Mn Services Vermogensbeheer B.V. bought a new position in Flex LNG in the 3rd quarter worth approximately $3,297,000. Russell Investments Group Ltd. bought a new position in Flex LNG in the 3rd quarter worth approximately $2,671,000. Finally, Bank of America Corp DE grew its holdings in Flex LNG by 88.4% in the 1st quarter. Bank of America Corp DE now owns 152,341 shares of the company’s stock worth $4,526,000 after buying an additional 71,477 shares in the last quarter.

Recent Flex LNG Headlines

Here are a few of the latest headlines about FLNG:

• 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.
• Neutral Sentiment: BTIG Research reaffirmed its “neutral” rating, signaling no change in its stance. BTIG Research ratings
• Negative Sentiment: A Seeking Alpha contributor said the 11.9% yield still was not enough to remove their concerns, reflecting caution about the investment case despite the income appeal. FLEX LNG’s 11.9% Yield Still Leaves Me On The Sidelines

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.