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NASDAQ:GLNG

Golar LNG Stock Forecast, Price & News

$13.90
+1.01 (+7.83 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$12.58
Now: $13.91
$13.98
50-Day Range
$7.50
MA: $9.87
$12.89
52-Week Range
$4.54
Now: $13.91
$15.86
Volume4.49 million shs
Average Volume1.52 million shs
Market Capitalization$1.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.81
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction of LNG. It operates through three segments: Vessel operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of December 31, 2018, Golar LNG Limited, together with Golar LNG Partners LP and Golar Power Limited, owned and operated a fleet of 18 LNG carriers, 8 FSRUs, and 1 FLNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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Golar LNG logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.42 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
Current SymbolNASDAQ:GLNG
CUSIPG9456A10
Phone441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$448.75 million
Book Value$17.28 per share

Profitability

Net Income$-211,960,000.00

Miscellaneous

Employees1,647
Market Cap$1.41 billion
Next Earnings Date11/24/2020 (Estimated)
OptionableOptionable
$13.90
+1.01 (+7.83 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Golar LNG (NASDAQ:GLNG) Frequently Asked Questions

How has Golar LNG's stock price been impacted by Coronavirus (COVID-19)?

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 57.3% and is now trading at $13.9050.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Golar LNG?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Golar LNG
.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for Golar LNG
.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) posted its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.23. The shipping company earned $117.73 million during the quarter, compared to analyst estimates of $108.58 million. Golar LNG had a negative net margin of 68.63% and a negative return on equity of 0.58%.
View Golar LNG's earnings history
.

What price target have analysts set for GLNG?

7 Wall Street analysts have issued 12 month price targets for Golar LNG's shares. Their forecasts range from $11.00 to $23.00. On average, they anticipate Golar LNG's share price to reach $15.92 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price.
View analysts' price targets for Golar LNG
.

Are investors shorting Golar LNG?

Golar LNG saw a decrease in short interest in August. As of August 31st, there was short interest totaling 5,910,000 shares, a decrease of 25.2% from the August 15th total of 7,900,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 5.6 days. Approximately 7.1% of the shares of the stock are sold short.
View Golar LNG's Short Interest
.

Who are some of Golar LNG's key competitors?

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 LP Unit (ET), Melco Resorts & Entertainment (MLCO), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Gilead Sciences (GILD), IBM (IBM) and AT&T (T).

Who are Golar LNG's key executives?

Golar LNG's management team includes the following people:
  • Mr. Iain Ross, Chief Exec. Officer of Golar Management Ltd (Age 57)
  • Mr. Graham Robjohns, Deputy CEO & CFO of Golar Management Ltd. (Age 54)
  • Mr. Øistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 58)
  • Mr. Morten Daviknes, Chief Technical Officer of Golar Management Ltd. (Age 53)
  • Mr. Michael Ashford, Company Sec. & Director (Age 72)

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 many different institutional and retail investors. Top institutional investors include FMR LLC (6.63%), Bamco Inc. NY (3.22%), Electron Capital Partners LLC (2.82%), Huber Capital Management LLC (1.17%), Duff & Phelps Investment Management Co. (1.16%) and Nuveen Asset Management LLC (0.42%).

Which institutional investors are selling Golar LNG stock?

GLNG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Duff & Phelps Investment Management Co., ICM Asset Management Inc. WA, Trexquant Investment LP, Pinnacle Associates Ltd., Frontier Capital Management Co. LLC, California Public Employees Retirement System, and Hosking Partners LLP.

Which institutional investors are buying Golar LNG stock?

GLNG stock was acquired by a variety of institutional investors in the last quarter, including Electron Capital Partners LLC, Bamco Inc. NY, Boston Family Office LLC, Huber Capital Management LLC, Nuveen Asset Management LLC, Engineers Gate Manager LP, Fernwood Investment Management LLC, and Tudor Investment Corp Et Al.

How do I buy shares of Golar LNG?

Shares of GLNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Golar LNG's stock price today?

One share of GLNG stock can currently be purchased for approximately $13.91.

How big of a company is Golar LNG?

Golar LNG has a market capitalization of $1.41 billion and generates $448.75 million in revenue each year. Golar LNG employs 1,647 workers across the globe.

What is Golar LNG's official website?

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

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 shipping company can be reached via phone at 441-295-4705 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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