S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
NASDAQ:GLNG

Golar LNG - GLNG Stock Forecast, Price & News

$24.12
+0.78 (+3.34%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.56
$24.25
50-Day Range
$20.65
$26.66
52-Week Range
$10.01
$27.52
Volume
1.18 million shs
Average Volume
1.47 million shs
Market Capitalization
$2.61 billion
P/E Ratio
3.60
Dividend Yield
N/A
Price Target
$26.25

Golar LNG MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
8.8% Upside
$26.25 Price Target
Short Interest
Healthy
2.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Golar LNG in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
31.31%
From $0.99 to $1.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars

Transportation Sector

64th out of 125 stocks

Water Transportation Industry

10th out of 19 stocks

GLNG stock logo

About Golar LNG (NASDAQ:GLNG) Stock

Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates through Shipping and FLNG segments. The company engages in the operation and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of December 31, 2021, it operated nine LNG carriers, one FSRU, and three FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

Analyst Upgrades and Downgrades

GLNG has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Golar LNG from a "sell" rating to a "hold" rating in a research report on Tuesday, June 7th. Jefferies Financial Group initiated coverage on shares of Golar LNG in a research report on Wednesday, April 27th. They set a "buy" rating for the company. Clarkson Capital reiterated a "buy" rating on shares of Golar LNG in a research report on Tuesday, June 14th. Finally, B. Riley upped their price objective on shares of Golar LNG from $28.00 to $33.50 and gave the stock a "buy" rating in a research report on Tuesday, May 31st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Golar LNG currently has an average rating of "Moderate Buy" and an average target price of $26.25.

Golar LNG Trading Up 3.3 %

GLNG traded up $0.78 during trading on Tuesday, reaching $24.12. 1,176,062 shares of the company's stock were exchanged, compared to its average volume of 1,466,073. Golar LNG has a one year low of $10.01 and a one year high of $27.52. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $2.61 billion, a PE ratio of 3.48 and a beta of 0.70. The firm has a fifty day moving average price of $22.91 and a two-hundred day moving average price of $21.29.

Golar LNG (NASDAQ:GLNG - Get Rating) last posted its earnings results on Thursday, May 26th. The shipping company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.09. Golar LNG had a net margin of 180.59% and a return on equity of 2.21%. The firm had revenue of $77.27 million for the quarter, compared to analyst estimates of $92.30 million. As a group, equities research analysts forecast that Golar LNG will post 0.99 earnings per share for the current fiscal year.

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.

GLNG Stock News Headlines

Golar LNG Limited – Q2 2022 results presentation
Cool Company Ltd. – Formation Completed
Is it a Good Choice to Invest in Golar LNG (GLNG)?
Best Momentum Stocks to Buy for June 23rd
Gas traders rush to secure LNG tankers
4 Analysts Have This to Say About Golar LNG
Interim results for the period ended March 31, 2022
See 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.

GLNG Company Calendar

Last Earnings
5/26/2022
Today
8/10/2022
Next Earnings (Confirmed)
8/11/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NASDAQ:GLNG
CUSIP
G9456A10
Employees
1,703
Year Founded
1946

Price Target and Rating

Average Stock Price Forecast
$26.25
High Stock Price Forecast
$33.50
Low Stock Price Forecast
$19.50
Forecasted Upside/Downside
+8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$413.85 million
Pretax Margin
138.79%

Debt

Sales & Book Value

Annual Sales
$451.77 million
Cash Flow
$2.81 per share
Book Value
$20.12 per share

Miscellaneous

Free Float
108,201,000
Market Cap
$2.61 billion
Optionable
Optionable
Beta
0.70

Social Links


Key Executives

  • Mr. Karl Fredrik Staubo (Age 35)
    Chief Exec. Officer
  • Mr. Eduardo Maranhao (Age 37)
    Chief Financial Officer
  • Mr. Olve Skjeggedal (Age 47)
    Chief Technical Officer of Golar Management Norway
  • Mr. Ragnar Nes (Age 54)
    Chief Operating Officer of Golar Management Norway
  • Mr. Stuart Buchanan
    Head of Investor Relations
  • Mr. Douglas J. Arnell (Age 56)
    Sr. Advisor













GLNG Stock - Frequently Asked Questions

Should I buy or sell Golar LNG stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 1 hold rating and 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 2022?

5 brokers have issued 1-year price targets for Golar LNG's stock. Their GLNG share price forecasts range from $19.50 to $33.50. On average, they expect the company's stock price to reach $26.25 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for GLNG
or view top-rated stocks among Wall Street analysts.

How has Golar LNG's stock price performed in 2022?

Golar LNG's stock was trading at $12.39 at the beginning of the year. Since then, GLNG stock has increased by 94.7% and is now trading at $24.12.
View the best growth stocks for 2022 here
.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our GLNG earnings forecast
.

How can I listen to Golar LNG's earnings call?

Golar LNG will be holding an earnings conference call on Thursday, August 11th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) released its earnings results on Thursday, May, 26th. The shipping company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The shipping company earned $77.27 million during the quarter, compared to analyst estimates of $92.30 million. Golar LNG had a trailing twelve-month return on equity of 2.21% and a net margin of 180.59%.

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?

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 number of retail and institutional investors. Top institutional shareholders include Pinnacle Associates Ltd. (1.55%), DnB Asset Management AS (0.52%), Thompson Siegel & Walmsley LLC (0.44%), Hosking Partners LLP (0.35%), Brightline Capital Management LLC (0.31%) and Private Advisor Group LLC (0.08%).

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 $24.12.

How much money does Golar LNG make?

Golar LNG (NASDAQ:GLNG) has a market capitalization of $2.61 billion and generates $451.77 million in revenue each year. The shipping company earns $413.85 million in net income (profit) each year or $6.70 on an earnings per share basis.

How many employees does Golar LNG have?

Golar LNG 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

When was Golar LNG founded?

Golar LNG was founded in 1946.

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 8/10/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.