
FLNG Stock Forecast & Price Target
FLNG Analyst Ratings
Bulls say
Flex LNG Ltd boasts a robust revenue backlog of approximately $1.6 billion, providing significant support for its ongoing dividends and extending up to 85 years, which underscores the company's long-term financial stability. The company maintains a strong cash position, ending the second quarter with a cash balance of $413 million, reflecting a slight increase from the previous quarter. Additionally, with a healthy net loan-to-value (LTV) ratio of 54.1%, Flex LNG demonstrates prudent financial management and risk mitigation, enhancing its outlook in the LNG shipping market.
Bears say
Flex LNG Ltd's recent earnings report showed an adjusted EPS of $0.46, marginally surpassing both analyst estimates and consensus expectations. Despite this positive performance, the outlook may remain negative due to broader market pressures and potential challenges in securing long-term charter contracts in a fluctuating LNG market. Additionally, the company's reliance on a modern fleet could incur higher maintenance costs and operational risks, further impacting financial stability.
This aggregate rating is based on analysts' research of Flex Lng Ltd and is not a guaranteed prediction by Public.com or investment advice.
FLNG Analyst Forecast & Price Prediction
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