NASDAQ:GLNG Golar LNG (GLNG) Stock Forecast, Price & News $23.39 -0.06 (-0.26%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$23.12▼$23.6250-Day Range$21.31▼$24.4852-Week Range$19.62▼$28.47Volume1.22 million shsAverage Volume975,667 shsMarket Capitalization$1.88 billionP/E Ratio16.48Dividend Yield4.28%Price Target$30.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Golar LNG MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.5% Upside$30.75 Price TargetShort InterestHealthy2.40% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth67.90%From $1.62 to $2.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsTransportation Sector27th out of 113 stocksWater Transportation Industry4th out of 17 stocks 3.3 Analyst's Opinion Consensus RatingGolar LNG has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.75, Golar LNG has a forecasted upside of 31.5% from its current price of $23.39.Amount of Analyst CoverageGolar LNG has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.40% of the float of Golar LNG has been sold short.Short Interest Ratio / Days to CoverGolar LNG has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Golar LNG has recently increased by 9.55%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipGolar LNG is a leading dividend payer. It pays a dividend yield of 4.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGolar LNG does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Golar LNG will have a dividend payout ratio of 36.76% next year. This indicates that Golar LNG will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GLNG. Previous Next 2.7 News and Social Media Coverage News SentimentGolar LNG has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Golar LNG this week, compared to 2 articles on an average week.MarketBeat Follows7 people have added Golar LNG to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Golar LNG insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.02% of the stock of Golar LNG is held by insiders.Percentage Held by Institutions89.67% of the stock of Golar LNG is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Golar LNG are expected to grow by 67.90% in the coming year, from $1.62 to $2.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golar LNG is 16.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Golar LNG is 16.48, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.55.Price to Book Value per Share RatioGolar LNG has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Golar LNG (NASDAQ:GLNG) StockGolar LNG Limited designs, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It also engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels; operation of the transportation of LNG carriers; and vessel management. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.Read More GLNG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLNG Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comGolar LNG (NASDAQ:GLNG) Now Covered by Analysts at CitigroupSeptember 25, 2023 | finance.yahoo.comCitigroup Resumes Analysis of Golar Lng With Neutral RecommendationSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 23, 2023 | finance.yahoo.comHas Golar LNG Limited's (NASDAQ:GLNG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?August 28, 2023 | msn.comGolar LNG's Rise As A Key Player In The Growing FLNG MarketAugust 23, 2023 | finance.yahoo.comGolar FLNG Gimi Gastech event and FLNG tourAugust 16, 2023 | markets.businessinsider.comGolar LNG (GLNG) was downgraded to a Hold Rating at Wolfe ResearchAugust 16, 2023 | msn.comWolfe Research Downgrades Golar Lng (GLNG)September 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 13, 2023 | finance.yahoo.comGolar LNG (NASDAQ:GLNG) Could Be A Buy For Its Upcoming DividendAugust 10, 2023 | finance.yahoo.comInterim results for the period ended June 30, 2023August 10, 2023 | finance.yahoo.comKey information relating to the cash dividend to be paid by Golar LNG LimitedAugust 8, 2023 | finance.yahoo.comGolar LNG Limited: 2023 AGM Results NotificationAugust 7, 2023 | finance.yahoo.comWhat's in the Cards for Golar LNG (GLNG) in Q2 Earnings?July 31, 2023 | finance.yahoo.comGolar LNG Limited (NASDAQ:GLNG) is largely controlled by institutional shareholders who own 71% of the companyJuly 12, 2023 | seekingalpha.comGolar LNG: A Strong Player In The Lucrative LNG MarketJuly 11, 2023 | finance.yahoo.comThe Market Doesn't Like What It Sees From Golar LNG Limited's (NASDAQ:GLNG) Earnings YetJuly 7, 2023 | finance.yahoo.comGolar LNG Limited – Q2 2023 results presentationJuly 6, 2023 | msn.comStifel Reiterates Golar Lng (GLNG) Buy RecommendationJuly 6, 2023 | finance.yahoo.comGolar LNG (GLNG) Soars 8.3%: Is Further Upside Left in the Stock?July 5, 2023 | msn.comGolar LNG finally at catalyst stage and could double by year-end, Stifel saysJune 29, 2023 | finance.yahoo.comGolar LNG (GLNG) Down 4.1% Since Last Earnings Report: Can It Rebound?June 23, 2023 | finance.yahoo.comHere's Why You Should Retain Golar LNG (GLNG) Stock NowJune 18, 2023 | fool.comGolar Lng (NASDAQ: GLNG)June 16, 2023 | finance.yahoo.comGolar LNG (GLNG) Stock Moves -0.14%: What You Should KnowJune 4, 2023 | finance.yahoo.comIs It Smart To Buy Golar LNG Limited (NASDAQ:GLNG) Before It Goes Ex-Dividend?June 1, 2023 | msn.comGolar Lng (GLNG) Declares $0.25 DividendSee More Headlines Receive GLNG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Golar LNG and its competitors with MarketBeat's FREE daily newsletter. Email Address GLNG Company Calendar Last Earnings8/11/2023Ex-Dividend for 8/29 Dividend8/18/2023Dividend Payable8/29/2023Today9/26/2023Next Earnings (Estimated)11/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNASDAQ:GLNG CUSIPG9456A10 CIK1207179 Webwww.golarlng.com Phone(441) 295-4705Fax441-295-3494Employees490Year Founded1946Price Target and Rating Average Stock Price Forecast$30.75 High Stock Price Forecast$34.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+31.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.34 Current Ratio2.16 Quick Ratio2.16 Sales & Book Value Annual Sales$267.74 million Price / Sales7.04 Cash Flow$2.10 per share Price / Cash Flow11.16 Book Value$27.05 per share Price / Book0.87Miscellaneous Outstanding Shares80,300,000Free Float80,283,000Market Cap$1.88 billion OptionableOptionable Beta0.73 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Karl Fredrik Staubo (Age 36)Chief Exec. Officer of Golar Management AS Mr. Eduardo Maranhao (Age 38)Chief Financial Officer of Golar Management Ltd Mr. Ragnar Nes (Age 54)Chief Operating Officer of Golar Management AS Mr. Erik Svendsen (Age 51)Chief Technical Officer of Golar Management AS Mr. Stuart BuchananHead of Investor RelationsKey CompetitorsGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKNordic American TankersNYSE:NATInternational SeawaysNYSE:INSWMatsonNYSE:MATXView All CompetitorsInstitutional OwnershipBarclays PLCSold 35,557 shares on 9/21/2023Ownership: 0.026%Wolverine Trading LLCSold 14,000 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 3,838 shares on 8/21/2023Ownership: 0.042%Osaic Holdings Inc.Sold 923 shares on 8/21/2023Ownership: 0.019%Coppell Advisory Solutions LLCBought 3,671 shares on 8/17/2023Ownership: 0.005%View All Institutional Transactions GLNG Stock - Frequently Asked Questions Should I buy or sell Golar LNG stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLNG shares. View GLNG analyst ratings or view top-rated stocks. What is Golar LNG's stock price forecast for 2023? 4 brokerages have issued twelve-month price objectives for Golar LNG's shares. Their GLNG share price forecasts range from $27.00 to $34.00. On average, they predict the company's stock price to reach $30.75 in the next year. This suggests a possible upside of 31.0% from the stock's current price. View analysts price targets for GLNG or view top-rated stocks among Wall Street analysts. How have GLNG shares performed in 2023? Golar LNG's stock was trading at $22.79 at the beginning of the year. Since then, GLNG shares have increased by 3.0% and is now trading at $23.47. View the best growth stocks for 2023 here. Are investors shorting Golar LNG? Golar LNG saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,410,000 shares, an increase of 9.5% from the August 15th total of 2,200,000 shares. Based on an average trading volume of 932,500 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.4% of the company's shares are short sold. View Golar LNG's Short Interest. When is Golar LNG's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023. View our GLNG earnings forecast. How were Golar LNG's earnings last quarter? Golar LNG Limited (NASDAQ:GLNG) announced its earnings results on Friday, August, 11th. The shipping company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The shipping company earned $77.31 million during the quarter, compared to analyst estimates of $66.65 million. How often does Golar LNG pay dividends? What is the dividend yield for Golar LNG? Golar LNG announced a quarterly dividend on Thursday, August 10th. Stockholders of record on Monday, August 21st will be paid a dividend of $0.25 per share on Tuesday, August 29th. This represents a $1.00 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Friday, August 18th. Read our dividend analysis for GLNG. What ETFs hold Golar LNG's stock? ETFs with the largest weight of Golar LNG (NASDAQ:GLNG) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ) and Global X Guru Index ETF (GURU).EA Bridgeway Omni Small-Cap Value ETF (BSVO). Is Golar LNG a good dividend stock? Golar LNG (NASDAQ:GLNG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.32%. GLNG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for GLNG. What is Graham Robjohns' approval rating as Golar LNG's CEO? 2 employees have rated Golar LNG Chief Executive Officer Graham Robjohns on Glassdoor.com. Graham Robjohns has an approval rating of 100% among the company's employees. This puts Graham Robjohns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Golar LNG own? Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP), Energy Transfer (ET), Melco Resorts & Entertainment (MLCO), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Gilead Sciences (GILD), International Business Machines (IBM) and AT&T (T). What is Golar LNG's stock symbol? Golar LNG trades on the NASDAQ under the ticker symbol "GLNG." Who are Golar LNG's major shareholders? Golar LNG's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Rubric Capital Management LP (8.04%), BlackRock Inc. (6.19%), State Street Corp (2.16%), Pinnacle Associates Ltd. (1.91%), Goldman Sachs Group Inc. (1.90%) and Steinberg Asset Management LLC (1.79%). How do I buy shares of Golar LNG? Shares of GLNG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Golar LNG's stock price today? One share of GLNG stock can currently be purchased for approximately $23.47. How much money does Golar LNG make? Golar LNG (NASDAQ:GLNG) has a market capitalization of $1.88 billion and generates $267.74 million in revenue each year. How many employees does Golar LNG have? The company employs 490 workers across the globe. Does Golar LNG have any subsidiaries? The following companies are subsidiares of Golar LNG: Egyptian Natural Gas Holding Company, GVS Corporation, Gimi Holding Company Limited (a), Gimi MS Corporation (b), Golar GP LLC – Limited Liability Company, Golar Gandria N.V., Golar Hilli Corp. (c), Golar Hilli LLC (c), Golar Hull M2021 Corporation, Golar Hull M2022 Corporation, Golar Hull M2027 Corporation, Golar Hull M2047 Corporation, Golar Hull M2048 Corporation, Golar LNG 2216 Corporation, Golar LNG Energy Limited, Golar LNG NB10 Corporation, Golar LNG NB11 Corporation, Golar LNG NB12 Corporation, Golar LNG NB13 Corporation, Golar Management (Bermuda) Limited, Golar Management D.O.O, Golar Management Limited, Golar Management Malaysia SDN. BDH., Golar Management Norway AS, and Golar Shoreline LNG Limited.Read More How can I contact Golar LNG? Golar LNG's mailing address is 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11. The official website for the company is www.golarlng.com. The shipping company can be reached via phone at (441) 295-4705, via email at golarlng@golar.com, or via fax at 441-295-3494. This page (NASDAQ:GLNG) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Golar LNG Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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