Golar LNG (GLNG) Expected to Announce Quarterly Earnings on Tuesday

Golar LNG (NASDAQ:GLNG - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 27th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $64.90 million for the quarter.

Golar LNG Price Performance

Shares of NASDAQ GLNG opened at $39.30 on Tuesday. The business's 50-day moving average price is $37.67 and its two-hundred day moving average price is $39.04. Golar LNG has a one year low of $25.33 and a one year high of $44.36. The company has a market capitalization of $4.11 billion, a P/E ratio of 280.73 and a beta of 0.62.

Golar LNG Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 11th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.54%. Golar LNG's dividend payout ratio is presently 208.33%.

Institutional Investors Weigh In On Golar LNG

A hedge fund recently raised its stake in Golar LNG stock. Amundi boosted its position in Golar LNG Limited (NASDAQ:GLNG - Free Report) by 29.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,586 shares of the shipping company's stock after purchasing an additional 4,468 shares during the quarter. Amundi's holdings in Golar LNG were worth $744,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 92.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. DNB Markets upgraded Golar LNG from a "hold" rating to a "buy" rating and set a $48.00 price target on the stock in a research note on Tuesday, April 22nd. Fearnley Fonds upgraded shares of Golar LNG from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 19th. StockNews.com upgraded Golar LNG to a "sell" rating in a report on Thursday, March 20th. Finally, Dnb Nor Markets upgraded Golar LNG from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $49.70.

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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