NASDAQ:GLNG - Golar LNG Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$27.07 +0.11 (+0.41 %)
(As of 07/18/2018 03:01 AM ET)
Previous Close$26.96
Today's Range$26.53 - $27.18
52-Week Range$19.32 - $35.54
Volume777,800 shs
Average Volume1.27 million shs
Market Capitalization$2.83 billion
P/E Ratio-18.41
Dividend Yield0.71%
Beta0.64
Golar LNG logoGolar 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 April 6, 2018, Golar LNG Limited, together with Golar LNG Partners LP and Golar Power Limited, owned and operated a fleet of 26 vessels, including 18 LNG carriers, 7 FSRUs, and 1 FLNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

Receive GLNG News and Ratings via Email

Sign-up to receive the latest news and ratings for GLNG and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNASDAQ:GLNG
CUSIPG9456A10
Phone441-295-4705

Debt

Debt-to-Equity Ratio0.62
Current Ratio0.28
Quick Ratio0.28

Price-To-Earnings

Trailing P/E Ratio-18.41
Forward P/E Ratio-180.47
P/E GrowthN/A

Sales & Book Value

Annual Sales$143.54 million
Price / Sales19.07
Cash FlowN/A
Price / CashN/A
Book Value$17.78 per share
Price / Book1.52

Profitability

EPS (Most Recent Fiscal Year)($1.47)
Net Income$-179,700,000.00
Net Margins-73.05%
Return on Equity-7.10%
Return on Assets-2.73%

Miscellaneous

Employees612
Outstanding Shares101,120,000
Market Cap$2,833.35

The Truth About Cryptocurrencies

Golar LNG (NASDAQ:GLNG) Frequently Asked Questions

What is Golar LNG's stock symbol?

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

How often does Golar LNG pay dividends? What is the dividend yield for Golar LNG?

Golar LNG declared a quarterly dividend on Monday, June 4th. Stockholders of record on Thursday, June 14th will be given a dividend of $0.05 per share on Thursday, July 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Wednesday, June 13th. View Golar LNG's Dividend History.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) issued its quarterly earnings data on Thursday, May, 31st. The shipping company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.16) by $0.04. The shipping company earned $66.19 million during the quarter, compared to the consensus estimate of $60.45 million. Golar LNG had a negative net margin of 73.05% and a negative return on equity of 7.10%. View Golar LNG's Earnings History.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release their next quarterly earnings announcement on Wednesday, August, 29th 2018. View Earnings Estimates for Golar LNG.

What price target have analysts set for GLNG?

7 equities research analysts have issued 1-year price targets for Golar LNG's shares. Their forecasts range from $30.00 to $49.00. On average, they anticipate Golar LNG's share price to reach $37.1667 in the next year. This suggests a possible upside of 37.3% from the stock's current price. View Analyst Ratings for Golar LNG.

What is the consensus analysts' recommendation for Golar LNG?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Golar LNG stock?

Here are some recent quotes from research analysts about Golar LNG stock:
  • 1. According to Zacks Investment Research, "GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries. " (5/9/2018)
  • 2. Cowen Inc analysts commented, "We are updating our forward estimates based on management’s recent guidance for 7(a) loan originations in 2018 and that factor’s impact on our expectations for timing/size of a secondary offering, as well as modest adjustments to cost of capital from the recent securitization. We are maintaining our rating of NEWT shares at Outperform and raising our target price to $20/share (previously $19) based on what we expect to be a well-covered dividend in 2017 ($1.64/share) and expectations of dividend growth in 2018 (current projection of $1.76/share, though management guidance is only $1.69/share). Risk/reward: We believe the primary risk is a reduction in the gross premium paid for the SBA 7(a) guaranteed loans – though this premium has been very stable over the last 5 years. We believe the downside risk in NEWT shares is (28)%, with upside price return potential of +35%. See page 2 for our risk/reward analysis." (12/12/2017)

Are investors shorting Golar LNG?

Golar LNG saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 12,041,384 shares, an increase of 25.5% from the May 31st total of 9,598,148 shares. Based on an average daily trading volume, of 1,889,968 shares, the short-interest ratio is currently 6.4 days. Currently, 13.1% of the shares of the stock are short sold. View Golar LNG's Current Options Chain.

Who are some of Golar LNG's key competitors?

Who are Golar LNG's key executives?

Golar LNG's management team includes the folowing people:
  • Mr. Iain Ross, Chief Exec. Officer of Golar Management Ltd (Age 56)
  • Mr. Graham Robjohns, Deputy CEO & CFO of Golar Management Ltd. (Age 53)
  • Mr. Øistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 57)
  • Mr. Michael Ashford, Company Sec. & Director (Age 71)
  • Stuart Buchanan, Head of Investor Relations

Has Golar LNG been receiving favorable news coverage?

News coverage about GLNG stock has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Golar LNG earned a news sentiment score of 0.07 on Accern's scale. They also gave media headlines about the shipping company an impact score of 45.68 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Golar LNG's major shareholders?

Golar LNG's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (0.09%), Bank of Montreal Can (0.08%), DnB Asset Management AS (0.04%) and Fox Run Management L.L.C. (0.01%). View Institutional Ownership Trends for Golar LNG.

Which institutional investors are selling Golar LNG stock?

GLNG stock was sold by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., DnB Asset Management AS and Essex Investment Management Co. LLC. View Insider Buying and Selling for Golar LNG.

Which institutional investors are buying Golar LNG stock?

GLNG stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Golar LNG.

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, Scottrade, Fidelity and Charles Schwab.

What is Golar LNG's stock price today?

One share of GLNG stock can currently be purchased for approximately $27.07.

How big of a company is Golar LNG?

Golar LNG has a market capitalization of $2.83 billion and generates $143.54 million in revenue each year. The shipping company earns $-179,700,000.00 in net income (profit) each year or ($1.47) on an earnings per share basis. Golar LNG employs 612 workers across the globe.

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]


MarketBeat Community Rating for Golar LNG (NASDAQ GLNG)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  655
MarketBeat's community ratings are surveys of what our community members think about Golar LNG and other stocks. Vote "Outperform" if you believe GLNG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLNG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.