NASDAQ:GLNGGolar LNG Stock Price, Forecast & News

Golar LNG's stock was trading at $8.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GLNG stock has decreased by 26.2% and is now trading at $6.52. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Golar LNG.

Golar LNG is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Golar LNG.

Golar LNG Limited (NASDAQ:GLNG) issued its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.23. The shipping company had revenue of $117.73 million for the quarter, compared to the consensus estimate of $108.58 million. Golar LNG had a negative net margin of 60.05% and a negative return on equity of 3.77%. View Golar LNG's earnings history.

9 brokers have issued 12-month price targets for Golar LNG's stock. Their forecasts range from $11.00 to $27.00. On average, they anticipate Golar LNG's stock price to reach $17.39 in the next year. This suggests a possible upside of 166.7% from the stock's current price. View analysts' price targets for Golar LNG.

News stories about GLNG stock have trended negative on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Golar LNG earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Golar LNG.

Golar LNG saw a drop in short interest in June. As of June 30th, there was short interest totaling 6,950,000 shares, a drop of 28.4% from the June 15th total of 9,710,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the short-interest ratio is presently 4.5 days. Approximately 8.4% of the shares of the company are short sold. View Golar LNG's Current Options Chain.

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

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), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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

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 $6.52.

Golar LNG has a market capitalization of $660.49 million and generates $448.75 million in revenue each year. Golar LNG employs 1,647 workers across the globe.

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

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]