B. Riley Predicts Golar LNG's FY2026 Earnings (NASDAQ:GLNG)

Key Points

• B. Riley has reduced their FY2026 earnings per share (EPS) estimate for Golar LNG from $1.03 to $0.91, reflecting a significant downward revision.
• The stock has a consensus rating of "Buy" among research analysts, with an average price target of $53.00.
• Golar LNG announced a quarterly dividend of $0.25, representing an annualized yield of 2.5% and a notably high payout ratio of 3,333.33%.

Golar LNG Limited (NASDAQ:GLNG - Free Report) - Research analysts at B. Riley dropped their FY2026 earnings per share (EPS) estimates for Golar LNG in a research report issued on Thursday, August 14th. B. Riley analyst L. Burke now forecasts that the shipping company will earn $0.91 per share for the year, down from their previous forecast of $1.03. The consensus estimate for Golar LNG's current full-year earnings is $1.39 per share.

Several other research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Golar LNG from a "hold" rating to a "sell" rating in a research report on Saturday, July 12th. BTIG Research restated a "buy" rating on shares of Golar LNG in a research report on Wednesday, May 28th. DNB Markets upgraded shares of Golar LNG from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a research report on Tuesday, April 22nd. Finally, Dnb Nor Markets upgraded shares of Golar LNG from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $53.00.

Golar LNG Price Performance

Shares of GLNG stock traded up $0.07 during trading on Friday, hitting $40.45. The company had a trading volume of 279,568 shares, compared to its average volume of 1,543,418. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.38. The stock's 50-day moving average is $41.18 and its two-hundred day moving average is $39.33. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 1,346.95 and a beta of 0.56. Golar LNG has a 52 week low of $29.56 and a 52 week high of $44.36.

Golar LNG (NASDAQ:GLNG - Get Free Report) last announced its quarterly earnings results on Tuesday, May 27th. The shipping company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.09. Golar LNG had a return on equity of 6.82% and a net margin of 1.04%. The firm had revenue of $63.00 million for the quarter, compared to analysts' expectations of $64.90 million.

Golar LNG Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Saturday, January 1st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a $1.00 annualized dividend and a yield of 2.5%. Golar LNG's dividend payout ratio is currently 3,333.33%.

Institutional Trading of Golar LNG

Several hedge funds and other institutional investors have recently bought and sold shares of GLNG. Hexagon Capital Partners LLC lifted its stake in Golar LNG by 358.9% in the first quarter. Hexagon Capital Partners LLC now owns 647 shares of the shipping company's stock worth $25,000 after acquiring an additional 506 shares during the period. Quarry LP purchased a new position in Golar LNG during the 1st quarter valued at $26,000. SVB Wealth LLC purchased a new position in Golar LNG during the 1st quarter valued at $31,000. Signaturefd LLC increased its position in Golar LNG by 64.6% during the 2nd quarter. Signaturefd LLC now owns 856 shares of the shipping company's stock valued at $35,000 after purchasing an additional 336 shares during the period. Finally, Allworth Financial LP increased its position in Golar LNG by 43.5% during the 2nd quarter. Allworth Financial LP now owns 990 shares of the shipping company's stock valued at $41,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 92.21% of the company's stock.

Golar LNG Company Profile

Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.

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