FLNG, BMG359472021

Flex LNG stock trades at USD 31.07 after strong Q2 results

Published on 09/25/2026 at 14:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Flex LNG stock delivered adjusted EPS of USD 0.79 in Q2 2026, above the USD 0.62 consensus estimate. The board maintained a USD 0.75 quarterly dividend.

FLNG, BMG359472021, Illustration mit AI erstellt.

Flex LNG (ISIN BMG359472021) stood at USD 31.07 on the NYSE on September 24, 2026, up USD 0.11 or 0.36 percent from the prior session. The company paired that market value with second-quarter revenue of USD 106.8 million and net income of USD 44.9 million.

Q2 earnings beat estimates

Flex LNG's adjusted earnings per share reached USD 0.79 in Q2 2026, compared with a USD 0.62 consensus estimate. Revenue also exceeded the USD 93.53 million expectation, according to MarketBeat in a September 18, 2026 report.

The operating improvement was visible in the fleet's time charter equivalent rate, which rose to USD 86,119 per day in Q2 from USD 65,729 per day in Q1. The result was the company's highest quarterly vessel operating revenue since 2021, according to The Motley Fool on August 26, 2026.

Dividend stays at USD 0.75

The board declared a quarterly dividend of USD 0.75, extending the same payment for a twentieth consecutive quarter. The distribution followed higher spot earnings from Flex Volunteer and Flex Artemis and a full-quarter contribution from new charters for Flex Aurora and Flex Constellation, as reported by ScanX on September 21, 2026.

Flex LNG kept its full-year revenue guidance at USD 345 million to USD 370 million, excluding EU Allowances, and maintained adjusted EBITDA guidance of USD 255 million to USD 280 million. Those ranges make contracted fleet coverage the key earnings stabilizer while spot-market exposure remains an additional upside factor.

Analyst target trails the stock

The valuation signal is less supportive than the earnings comparison. MarketBeat cited a consensus Reduce rating and an average price target of USD 25.00 on September 18, 2026, below the September 24 price of USD 31.07.

According to GetSignal, the next reported quarter is scheduled for November 27, 2026. That date gives investors the next formal checkpoint for whether the Q2 improvement carries into the second half.

Stock remains near yearly high

At USD 31.07 on September 24, 2026, Flex LNG was 6.98 percent below its 52-week high of USD 33.40 and 29.46 percent above its 52-week low of USD 24.00. The stock's market capitalization was USD 1,680,650,122, with 298,414 shares traded in the session.