NASDAQ:GLNG Golar LNG (GLNG) Stock Forecast, Price & News $21.74 +0.60 (+2.84%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$21.50▼$22.0950-Day Range$20.52▼$22.7052-Week Range$19.80▼$30.66Volume1.33 million shsAverage Volume1.02 million shsMarket Capitalization$2.34 billionP/E Ratio3.24Dividend YieldN/APrice Target$32.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Golar LNG MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.2% Upside$32.88 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 21 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.55%From $3.04 to $2.78 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.2.40 out of 5 starsTransportation Sector38th out of 120 stocksWater Transportation Industry5th out of 17 stocks 3.5 Analyst's Opinion Consensus RatingGolar LNG has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.88, Golar LNG has a forecasted upside of 51.2% from its current price of $21.74.Amount of Analyst CoverageGolar LNG has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.86% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Golar LNG has recently decreased by 4.64%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGolar LNG does not currently pay a dividend.Dividend GrowthGolar LNG does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GLNG. Previous Next 1.7 News and Social Media Coverage News SentimentGolar LNG has a news sentiment score of 0.00. 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 is a lower news sentiment than the 0.57 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Golar LNG this week, compared to 3 articles on an average week.Search Interest9 people have searched for GLNG on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Golar LNG to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 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 Institutions72.45% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Golar LNG are expected to decrease by -8.55% in the coming year, from $3.04 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golar LNG is 3.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Golar LNG is 3.24, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 25.87.Price to Book Value per Share RatioGolar LNG has a P/B Ratio of 0.90. 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 Ltd. owns and operates liquefied natural gas carriers, floating storage, and regasification unit. It operates through the following segments: Vessel Operations, FLNG, and Power. The Vessel Operations segment operates and charter out vessels on fixed terms to customers. The FLNG segment provides integrated upstream and midstream solution for the development of gas reserves to LNG. The Power segment integrated LNG based downstream solutions, through the ownership and operation of FSRUs and associated terminal and power generation infrastructure. The company was founded on May 10, 2001 and is headquartered in Hamilton, Bermuda.Read More 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 Stock News HeadlinesJune 2, 2023 | americanbankingnews.comGolar LNG (NASDAQ:GLNG) Stock Rating Lowered by StockNews.comJune 1, 2023 | msn.comGolar Lng (GLNG) Declares $0.25 DividendJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>June 1, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Golar LNG Limited Cut by B. Riley (NASDAQ:GLNG)May 31, 2023 | uk.finance.yahoo.comGLNG - Golar LNG LimitedMay 31, 2023 | finance.yahoo.comAre Investors Undervaluing Golar LNG Limited (NASDAQ:GLNG) By 36%?May 30, 2023 | msn.comGolar LNG Q1: Revenue Misses Consensus, Reinstates Dividend Payment, Discloses $150M Share BuybackMay 30, 2023 | fxstreet.comWill GLNG, post its quarterly earnings announcement today, rise towards $24, or approach the level of $20?June 3, 2023 | Behind the Markets (Ad)Our #1 Laser Stock for MayThe Pentagon calls laser weapons "the future." This small cap just won a $1.65 billion contract to make them. See why this stock could soar 2,476% >>>May 30, 2023 | finance.yahoo.comGolar LNG Limited Interim results for the period ended March 31, 2023May 30, 2023 | finance.yahoo.comGolar releases its 2022 Environmental, Social and Governance reportMay 29, 2023 | americanbankingnews.comGolar LNG (GLNG) Scheduled to Post Quarterly Earnings on TuesdayMay 29, 2023 | americanbankingnews.comGolar LNG (GLNG) Scheduled to Post Earnings on TuesdayMay 25, 2023 | finanznachrichten.deGolar LNG: Result of Summons to Written Resolution - Approved amendment to Golar's unsecured bondsMay 25, 2023 | finance.yahoo.comResult of Summons to Written Resolution - Approved amendment to Golar’s unsecured bondsMay 9, 2023 | finance.yahoo.comSummons to written resolution – Proposed amendment to the unsecured bonds, supported by the majority of bonds outstandingApril 29, 2023 | americanbankingnews.comGolar LNG (NASDAQ:GLNG) Sees Unusually-High Trading VolumeApril 29, 2023 | americanbankingnews.comGolar LNG Sees Unusually Large Options Volume (NASDAQ:GLNG)April 27, 2023 | msn.comGolar LNG reportedly signs deal with Nigeria's NNPC for floating LNG plantApril 27, 2023 | finance.yahoo.comNigeria's NNPC, Norway's Golar sign agreement on floating LNG plantApril 26, 2023 | americanbankingnews.comGolar LNG (NASDAQ:GLNG) PT Lowered to $34.00 at Stifel NicolausApril 24, 2023 | seekingalpha.comGolar And The FLNG Market: Risky, But Cheap, And Without Much CompetitionApril 21, 2023 | finance.yahoo.comDoes Golar LNG (GLNG) Have the Potential to Rally 44.53% as Wall Street Analysts Expect?April 19, 2023 | seekingalpha.comGolar LNG: Opportunities Of The FLNG BusinessApril 18, 2023 | finance.yahoo.comGolar LNG (GLNG) Crossed Above the 50-Day Moving Average: What That Means for InvestorsApril 15, 2023 | americanbankingnews.comGolar LNG Limited (NASDAQ:GLNG) Receives $32.50 Consensus Target Price from AnalystsApril 13, 2023 | americanbankingnews.comBrokerages Set Golar LNG Limited (NASDAQ:GLNG) PT at $32.50See More Headlines GLNG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLNG Company Calendar Last Earnings5/19/2021Today6/02/2023Ex-Dividend for 6/16 Dividend6/09/2023Dividend Payable6/16/2023Next Earnings (Estimated)8/10/2023Fiscal 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) 295-4705Fax441-295-3494Employees1,703Year Founded1946Price Target and Rating Average Stock Price Forecast$32.88 High Stock Price Forecast$35.50 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+51.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$6.70 Trailing P/E Ratio3.24 Forward P/E Ratio7.15 P/E GrowthN/ANet Income$787.77 million Net Margins218.75% Pretax Margin372.01% Return on Equity5.91% Return on Assets3.28% Debt Debt-to-Equity Ratio0.32 Current Ratio2.16 Quick Ratio3.04 Sales & Book Value Annual Sales$267.74 million Price / Sales8.72 Cash Flow$2.19 per share Price / Cash Flow9.92 Book Value$24.08 per share Price / Book0.90Miscellaneous Outstanding Shares107,430,000Free Float107,409,000Market Cap$2.34 billion OptionableOptionable Beta0.69 Social Links Key ExecutivesKarl Fredrik-StauboChief Executive OfficerRagnar NesChief Operating OfficerEduardo da Cunha Andrade MaranhãoChief Financial OfficerErik SvendsenChief Technology OfficerChristopher BergslandShipping DirectorKey CompetitorsGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKNordic American TankersNYSE:NATMatsonNYSE:MATXInternational SeawaysNYSE:INSWView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 168,785 shares on 6/1/2023Ownership: 0.172%ProShare Advisors LLCSold 1,108 shares on 5/26/2023Ownership: 0.011%Ameriprise Financial Inc.Bought 59,328 shares on 5/22/2023Ownership: 1.025%Putnam Investments LLCSold 3,330 shares on 5/22/2023Ownership: 0.073%New York State Common Retirement FundSold 20,796 shares on 5/18/2023Ownership: 0.049%View All Institutional Transactions GLNG Stock - Frequently Asked Questions Should I buy or sell Golar LNG stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "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 12 month target prices for Golar LNG's shares. Their GLNG share price forecasts range from $29.00 to $35.50. On average, they predict the company's stock price to reach $32.88 in the next year. This suggests a possible upside of 51.2% 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 2023. Since then, GLNG stock has decreased by 4.6% and is now trading at $21.74. View the best growth stocks for 2023 here. When is Golar LNG's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our GLNG earnings forecast. How were Golar LNG's earnings last quarter? Golar LNG Limited (NASDAQ:GLNG) announced its quarterly earnings data on Wednesday, May, 19th. The shipping company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.11. The shipping company earned $118.34 million during the quarter, compared to the consensus estimate of $109.40 million. Golar LNG had a trailing twelve-month return on equity of 5.91% and a net margin of 218.75%. How often does Golar LNG pay dividends? What is the dividend yield for Golar LNG? Golar LNG announced a quarterly dividend on Tuesday, May 30th. Investors of record on Monday, June 12th will be given a dividend of $0.25 per share on Friday, June 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Friday, June 9th. This is a positive change from the stock's previous quarterly dividend of $0.15. 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 Global X Guru Index ETF (GURU), iShares Russell 2000 Value ETF (IWN), Vanguard Russell 2000 Value ETF (VTWV), Invesco S&P International Developed Momentum ETF (IDMO), 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 institutional and retail investors. Top institutional investors include Orbis Allan Gray Ltd (8.87%), Rubric Capital Management LP (6.02%), BlackRock Inc. (4.64%), FMR LLC (3.28%), State Street Corp (1.60%) and Pinnacle Associates Ltd. (1.46%). 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 $21.74. How much money does Golar LNG make? Golar LNG (NASDAQ:GLNG) has a market capitalization of $2.34 billion and generates $267.74 million in revenue each year. The shipping company earns $787.77 million in net income (profit) each year or $6.70 on an earnings per share basis. How many employees does Golar LNG have? The company employs 1,703 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. 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