NASDAQ:GLNG - Golar LNG Stock Price, Forecast & News

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

Golar LNG declared a quarterly dividend on Tuesday, May 21st. Stockholders of record on Thursday, June 13th will be given a dividend of $0.15 per share on Wednesday, July 3rd. This represents a $0.60 annualized dividend and a dividend yield of 5.56%. The ex-dividend date of this dividend is Wednesday, June 12th. View Golar LNG's Dividend History.

Golar LNG Limited (NASDAQ:GLNG) posted its earnings results on Tuesday, November, 26th. The shipping company reported ($0.38) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.25) by $0.13. The shipping company had revenue of $93.07 million for the quarter, compared to analyst estimates of $100.53 million. View Golar LNG's Earnings History.

Golar LNG is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Golar LNG.

8 analysts have issued 12-month price objectives for Golar LNG's stock. Their forecasts range from $12.50 to $27.00. On average, they expect Golar LNG's stock price to reach $19.56 in the next year. This suggests a possible upside of 81.1% from the stock's current price. View Analyst Price Targets for Golar LNG.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Golar LNG.

News coverage about GLNG stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Golar LNG earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Golar LNG.

Golar LNG saw a drop in short interest in January. As of January 31st, there was short interest totalling 8,550,000 shares, a drop of 16.2% from the January 15th total of 10,200,000 shares. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is currently 6.8 days. Approximately 9.3% of the shares of the stock are short sold. View Golar LNG's Current Options Chain.

Some companies that are related to Golar LNG include Cheniere Energy (LNG), SemGroup (SEMG), Frontline (FRO), GasLog (GLOG), Golden Ocean Group (GOGL), Kinder Morgan (KMI), Nordic American Tanker (NAT), Scorpio Tankers (STNG), Ship Finance International (SFL), Targa Resources (TRGP), Teekay (TK), Teekay Tankers (TNK) and Williams Companies (WMB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP), Melco Resorts & Entertainment (MLCO), Energy Transfer LP Unit (ET), Teekay (TK), Enterprise Products Partners (EPD), Synacor (SYNC), GasLog (GLOG), Intel (INTC), Gilead Sciences (GILD) and IBM (IBM).

Golar LNG's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (8.36%), Duff & Phelps Investment Management Co. (1.44%), Bank of America Corp DE (0.58%), Pinnacle Associates Ltd. (0.35%), Maverick Capital Ltd. (0.31%) and Bank of New York Mellon Corp (0.30%).

GLNG stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Bank of New York Mellon Corp, Pinnacle Associates Ltd., KBC Group NV, Cohen & Steers Inc., ICM Asset Management Inc. WA, Stifel Financial Corp and Cipher Capital LP.

GLNG stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Maverick Capital Ltd., Duality Advisers LP, Banco Bilbao Vizcaya Argentaria S.A., Duff & Phelps Investment Management Co., Williams Jones Wealth Management LLC., Spark Investment Management LLC and Jane Street Group LLC.

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.

One share of GLNG stock can currently be purchased for approximately $10.80.