Golar LNG Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Golar LNG stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLNG, but not buy additional shares or sell existing shares.
View analyst ratings for Golar LNG or view top-rated stocks.

Wall Street analysts have given Golar LNG a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Golar LNG wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Golar LNG saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,420,000 shares, a decline of 48.1% from the August 15th total of 4,660,000 shares. Based on an average daily trading volume, of 925,100 shares, the short-interest ratio is currently 2.6 days. Approximately 2.6% of the shares of the company are sold short.
View Golar LNG's Short Interest.

Golar LNG is scheduled to release its next quarterly earnings announcement on Monday, November 29th 2021.
View our earnings forecast for Golar LNG.

Golar LNG Limited (NASDAQ:GLNG) released its quarterly earnings data on Monday, August, 9th. The shipping company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.03. The shipping company earned $102.22 million during the quarter, compared to analysts' expectations of $103.57 million. Golar LNG had a negative trailing twelve-month return on equity of 0.77% and a net margin of 109.12%.
View Golar LNG's earnings history.

Golar LNG's stock was trading at $8.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLNG shares have increased by 25.8% and is now trading at $11.12.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued 12-month price targets for Golar LNG's shares. Their forecasts range from $10.00 to $20.50. On average, they anticipate Golar LNG's share price to reach $15.13 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price.
View analysts' price targets for Golar LNG or view top-rated stocks among Wall Street analysts.

2 employees have rated Golar LNG CEO Graham Robjohns on Glassdoor.com. Graham Robjohns has an approval rating of 100% among Golar LNG's employees. This puts Graham Robjohns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Golar LNG include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Golden Ocean Group (GOGL), SFL (SFL), Scorpio Tankers (STNG), Teekay Tankers (TNK), Nordic American Tankers (NAT) and Teekay (TK).
View all of GLNG's competitors.

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).

Golar LNG trades on the NASDAQ under the ticker symbol "GLNG."

Golar LNG's stock is owned by a variety of institutional and retail investors. Top institutional investors include Jefferies Group LLC (0.00%), BlackRock Inc. (4.79%), Bamco Inc. NY (4.40%), FMR LLC (3.65%), Millennium Management LLC (2.24%) and Huber Capital Management LLC (1.57%).

GLNG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Newtyn Management LLC, Goldman Sachs Group Inc., Huber Capital Management LLC, SG Americas Securities LLC, Duff & Phelps Investment Management Co., Bank of America Corp DE, and Tudor Investment Corp Et Al.

GLNG stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Marshall Wace LLP, Marshall Wace LLP, Boothbay Fund Management LLC, Millennium Management LLC, Skandinaviska Enskilda Banken AB publ, Occudo Quantitative Strategies LP, and Charles Schwab Investment Management Inc..

Shares of GLNG 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.

One share of GLNG stock can currently be purchased for approximately $11.12.

Golar LNG has a market capitalization of $1.22 billion and generates $438.64 million in revenue each year. The shipping company earns $-273,560,000.00 in net income (profit) each year or ($2.28) on an earnings per share basis.

Golar LNG employs 1,703 workers across the globe.

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.

Golar LNG was founded in 1946.

The official website for Golar LNG is www.golarlng.com.

Golar LNG is headquartered at 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11.

Golar LNG's mailing address is 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11. The shipping company can be reached via phone at (441) 295-4705 or via email at [email protected].