B. Riley Issues Pessimistic Forecast for Golar LNG Earnings

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) - B. Riley decreased their FY2026 earnings per share estimates for shares of Golar LNG in a report released on Thursday, August 14th. B. Riley analyst L. Burke now expects that the shipping company will post earnings per share of $0.91 for the year, down from their previous estimate of $1.03. The consensus estimate for Golar LNG's current full-year earnings is $1.39 per share.

Golar LNG (NASDAQ:GLNG - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The shipping company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.03). Golar LNG had a positive return on equity of 6.36% and a negative net margin of 2.83%.The business had revenue of $75.67 million during the quarter, compared to the consensus estimate of $79.37 million.

Several other brokerages have also recently issued reports on GLNG. BTIG Research reissued a "buy" rating on shares of Golar LNG in a research report on Wednesday, May 28th. Dnb Nor Markets raised Golar LNG from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. DNB Markets raised Golar LNG from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a report on Tuesday, April 22nd. Zacks Research downgraded Golar LNG from a "hold" rating to a "strong sell" rating in a research report on Thursday, August 14th. Finally, Wall Street Zen raised Golar LNG from a "sell" rating to a "hold" rating in a research report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $51.50.

Golar LNG Stock Performance

NASDAQ:GLNG traded up $0.43 on Friday, hitting $41.67. The stock had a trading volume of 749,958 shares, compared to its average volume of 1,538,628. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of -595.20 and a beta of 0.56. The company has a quick ratio of 0.85, a current ratio of 1.47 and a debt-to-equity ratio of 0.63. The business's 50-day simple moving average is $41.12 and its two-hundred day simple moving average is $39.36. Golar LNG has a 52-week low of $29.56 and a 52-week high of $44.36.

Golar LNG Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Tuesday, August 26th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, August 26th. Golar LNG's dividend payout ratio is currently -1,428.57%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Hexagon Capital Partners LLC increased its holdings in shares of Golar LNG by 358.9% in the first quarter. Hexagon Capital Partners LLC now owns 647 shares of the shipping company's stock valued at $25,000 after purchasing an additional 506 shares during the period. Quarry LP purchased a new stake in shares of Golar LNG in the first quarter worth about $26,000. SVB Wealth LLC purchased a new position in Golar LNG during the first quarter worth approximately $31,000. Signaturefd LLC boosted its position in Golar LNG by 64.6% during the second quarter. Signaturefd LLC now owns 856 shares of the shipping company's stock worth $35,000 after purchasing an additional 336 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Golar LNG by 43.5% during the second quarter. Allworth Financial LP now owns 990 shares of the shipping company's stock worth $41,000 after purchasing an additional 300 shares in the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

About Golar LNG

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.