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

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

Golar LNG Stock Performance

Golar LNG stock traded up $0.27 during mid-day trading on Friday, reaching $37.73. The company's stock had a trading volume of 1,944,410 shares, compared to its average volume of 1,450,136. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 269.52 and a beta of 0.62. Golar LNG has a 12 month low of $25.33 and a 12 month high of $44.36. The business's 50 day simple moving average is $38.00 and its 200 day simple moving average is $39.07.

Golar LNG Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 11th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, March 11th. This represents a $1.00 annualized dividend and a yield of 2.65%. Golar LNG's payout ratio is presently 208.33%.

Analyst Upgrades and Downgrades

GLNG has been the topic of several analyst reports. Dnb Nor Markets upgraded Golar LNG from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Fearnley Fonds raised shares of Golar LNG from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 19th. Wall Street Zen raised shares of Golar LNG to a "sell" rating in a research note on Thursday, March 20th. Finally, DNB Markets raised shares of Golar LNG from a "hold" rating to a "buy" rating and set a $48.00 target price for the company in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, five have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $49.70.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Golar LNG stock. Amundi grew its stake in Golar LNG Limited (NASDAQ:GLNG - Free Report) by 29.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing. 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.