About Golar LNG Limited (NASDAQ:GLNG)
Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs). The Company's segments include Vessel operations, LNG trading and FLNG. Under the Vessel operations segment, the Company operates and charters out LNG carriers and FSRUs on fixed terms to customers. Through the LNG trading segment, the Company provides physical and financial risk management in LNG and gas markets for customers around the world. The FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli, to a FLNG. The Company, along with its affiliate, Golar LNG Partners LP, has a combined fleet of approximately 30 vessels.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: LNG Transportation & Storage
- Sub-Industry: Oil & Gas Storage & Transportation
- Symbol: NASDAQ:GLNG
- CUSIP: G9456A10
- Web: www.golarlng.com
Capitalization:- Market Cap: $2.03 billion
- Outstanding Shares: 98,000,000
Average Prices:- 50 Day Moving Avg: $21.77
- 200 Day Moving Avg: $23.35
- 52 Week Range: $19.94 - $29.18
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 53.18
- P/E Growth: 0.02
Sales & Book Value:- Annual Revenue: $98.85 million
- Price / Sales: 20.56
- Book Value: $17.96 per share
- Price / Book: 1.15
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 0.9%
Profitability:- EBITDA: ($49,980,000.00)
- Net Margins: -179.35%
- Return on Equity: -7.78%
- Return on Assets: -3.28%
Debt:- Debt-to-Equity Ratio: 0.83%
- Current Ratio: 0.51%
- Quick Ratio: 0.51%
Misc:- Average Volume: 939,455 shs.
- Beta: 0.9
- Short Ratio: 18.43
Frequently Asked Questions for Golar LNG Limited (NASDAQ:GLNG)
What is Golar LNG Limited's stock symbol?
Golar LNG Limited trades on the NASDAQ under the ticker symbol "GLNG."
How often does Golar LNG Limited pay dividends? What is the dividend yield for Golar LNG Limited?
Golar LNG Limited announced a quarterly dividend on Wednesday, August 30th. Investors of record on Thursday, September 14th will be given a dividend of $0.05 per share on Wednesday, October 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Wednesday, September 13th. View Golar LNG Limited's Dividend History.
How were Golar LNG Limited's earnings last quarter?
Golar LNG Limited (NASDAQ:GLNG) announced its quarterly earnings data on Wednesday, August, 30th. The company reported ($0.51) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.40) by $0.11. The business earned $28.41 million during the quarter, compared to analysts' expectations of $17.03 million. Golar LNG Limited had a negative return on equity of 7.78% and a negative net margin of 179.35%. View Golar LNG Limited's Earnings History.
When will Golar LNG Limited make its next earnings announcement?
Where is Golar LNG Limited's stock going? Where will Golar LNG Limited's stock price be in 2017?
8 brokerages have issued 1-year price objectives for Golar LNG Limited's shares. Their forecasts range from $26.00 to $45.00. On average, they anticipate Golar LNG Limited's share price to reach $34.67 in the next twelve months. View Analyst Ratings for Golar LNG Limited.
Are investors shorting Golar LNG Limited?
Golar LNG Limited saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 10,745,674 shares, a drop of 23.6% from the September 15th total of 14,063,778 shares. Based on an average trading volume of 1,224,499 shares, the days-to-cover ratio is presently 8.8 days. Currently, 11.3% of the shares of the stock are short sold.
Who are some of Golar LNG Limited's key competitors?
Some companies that are related to Golar LNG Limited include Kirby Corporation (KEX), Swift Transportation Company (KNX), Werner Enterprises (WERN), GATX Corporation (GATX), SkyWest (SKYW), Allegiant Travel Company (ALGT), Hawaiian Holdings (HA), Hertz Global Holdings (HTZ), Heartland Express (HTLD), PostNL NV (PNLYY), Aircastle Limited (AYR), Forward Air Corporation (FWRD), Atlas Air Worldwide Holdings (AAWW), Gol Linhas Aereas Inteligentes S.A. (GOL), Saia (SAIA), Greenbrier Companies, Inc. (The) (GBX), Air Transport Services Group (ATSG) and Teekay LNG Partners L.P. (TGP).
Who are Golar LNG Limited's key executives?
Golar LNG Limited's management team includes the folowing people:
- Daniel W. Rabun, Independent Chairman of the Board
- Oistein Dahl, Chief Operating Officer – Golar Management Norway
- Oscar Spieler, Chief Executive Officer – Golar Management
- Hugo Skar, Chief Technical Officer – Golar Management
- Brian Tienzo, Chief Financial Officer - Golar Management
- Niels G. Stolt-Nielsen, Director
- Tor Olav Troim, Director
- Andrew Whalley, Director
- Fredrik Halvorsen, Independent Director
- Lori Wheeler Naess, Independent Director
Who owns Golar LNG Limited stock?
Golar LNG Limited's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
LUXOR CAPITAL GROUP, LP
(5.50%), Spirit of America Management Corp NY (0.21%) and Nationwide Fund Advisors (0.11%). View Institutional Ownership Trends for Golar LNG Limited.
Who sold Golar LNG Limited stock? Who is selling Golar LNG Limited stock?
Who bought Golar LNG Limited stock? Who is buying Golar LNG Limited stock?
How do I buy Golar LNG Limited stock?
Shares of Golar LNG Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Golar LNG Limited's stock price today?
One share of Golar LNG Limited stock can currently be purchased for approximately $20.74.
MarketBeat Community Rating for Golar LNG Limited (NASDAQ GLNG)MarketBeat's community ratings are surveys of what our community members think about Golar LNG Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Golar LNG Limited (NASDAQ:GLNG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 7 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.88) |
| Consensus Price Target: | $34.67 (67.15% upside) |
Consensus Price Target History for Golar LNG Limited (NASDAQ:GLNG)
Analysts' Ratings History for Golar LNG Limited (NASDAQ:GLNG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/1/2017 | Morgan Stanley | Reiterated Rating | Overweight | $32.00 -> $31.00 | Low |  |
| 8/31/2017 | Cowen and Company | Reiterated Rating | Outperform | $45.00 | Medium | |
| 8/21/2017 | Stifel Nicolaus | Reiterated Rating | Buy | $36.00 | High | |
| 8/17/2017 | Citigroup Inc. | Lower Price Target | Buy | $28.00 -> $26.00 | Low | |
| 3/18/2017 | Credit Suisse Group | Set Price Target | Buy | $35.00 | Medium | |
| 1/27/2017 | Nordea Equity Research | Downgrade | Buy -> Hold | | N/A | |
| 12/1/2016 | Bank of America Corporation | Reiterated Rating | Buy | | N/A | |
| 11/23/2016 | Seaport Global Securities | Reiterated Rating | Buy | $35.00 | N/A | |
| 10/5/2016 | Wells Fargo & Company | Reiterated Rating | Buy | | N/A | |
| 10/3/2016 | ABN Amro | Upgrade | Sell -> Hold | | N/A | |
| 9/12/2016 | Jefferies Group LLC | Reiterated Rating | Buy | | N/A | |
| 7/1/2016 | DNB Markets | Upgrade | Hold -> Buy | | N/A | |
| 6/30/2016 | Sanford C. Bernstein | Downgrade | Buy -> Sell | $38.00 -> $10.00 | N/A | |
| 6/17/2016 | Clarkson Capital | Reiterated Rating | Buy | | N/A | |
| 1/25/2016 | Goldman Sachs Group, Inc. (The) | Downgrade | Buy -> Neutral | | N/A | |
| 1/24/2016 | Evercore ISI | Reiterated Rating | Buy | | N/A | |
| 11/2/2015 | BTIG Research | Reiterated Rating | Buy | $58.00 | N/A | |
(Data available from 10/24/2015 forward)
Earnings History for Golar LNG Limited (NASDAQ:GLNG)Earnings History by Quarter for Golar LNG Limited (NASDAQ GLNG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/28/2017 | | | | | | | N/A | |
| 8/30/2017 | 6/30/2017 | ($0.40) | ($0.51) | $17.03 million | $28.41 million | View | N/A | |
| 5/31/2017 | 3/31/2017 | ($0.38) | ($0.41) | $17.62 million | $25.11 million | View | N/A | |
| 2/28/2017 | 12/31/2016 | ($0.37) | ($0.33) | $19.39 million | $23.06 million | View | Listen | |
| 8/27/2015 | Q215 | ($0.32) | ($0.31) | $20.63 million | $20.14 million | View | Listen | |
| 5/27/2015 | Q115 | ($0.07) | ($0.14) | $35.51 million | $36.53 million | View | Listen | |
| 8/26/2014 | Q2 | ($0.09) | ($0.11) | $21.04 million | $21.08 million | View | Listen | |
| 8/29/2013 | Q2 2013 | $0.23 | $0.74 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Golar LNG Limited (NASDAQ:GLNG)2017 EPS Consensus Estimate: ($1.29)
2018 EPS Consensus Estimate: $0.66
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.45) | ($0.36) | ($0.41) |
| Q2 2017 | 2 | ($0.42) | ($0.41) | ($0.42) |
| Q3 2017 | 2 | ($0.38) | ($0.31) | ($0.35) |
| Q4 2017 | 2 | ($0.29) | $0.04 | ($0.13) |
| Q1 2018 | 1 | $0.05 | $0.05 | $0.05 |
| Q2 2018 | 1 | $0.08 | $0.08 | $0.08 |
| Q3 2018 | 1 | $0.20 | $0.20 | $0.20 |
| Q4 2018 | 1 | $0.33 | $0.33 | $0.33 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Golar LNG Limited (NASDAQ:GLNG)| Most Recent Dividend: | 10/4/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 0.96% |
| Payout Ratio: | -10.42% (Based on This Year's Estimates)
51.28% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Golar LNG Limited (NASDAQ GLNG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/30/2017 | Quarterly | $0.05 | 0.92% | 9/13/2017 | 9/14/2017 | 10/4/2017 |
| 5/31/2017 | Quarterly | $0.05 | 0.85% | 6/14/2017 | 6/16/2017 | 7/5/2017 |
| 2/28/2017 | quarterly | $0.05 | 0.73% | 3/13/2017 | 3/15/2017 | 4/3/2017 |
| 11/30/2016 | Quarterly | $0.05 | 0.85% | 12/12/2016 | 12/14/2016 | 1/6/2017 |
| 9/1/2016 | quarterly | $0.05 | 0.98% | 9/12/2016 | 9/14/2016 | 10/3/2016 |
| 6/1/2016 | quarterly | $0.05 | 1.2% | 6/13/2016 | 6/15/2016 | 7/7/2016 |
| 3/1/2016 | quarterly | $0.05 | 1.06% | 3/14/2016 | 3/16/2016 | 3/30/2016 |
| 12/1/2015 | quarterly | $0.45 | 6.65% | 12/8/2015 | 12/10/2015 | 1/6/2016 |
| 8/28/2015 | quarterly | $0.45 | 4.64% | 9/8/2015 | 9/10/2015 | 9/25/2015 |
| 5/28/2015 | quarterly | $0.45 | 3.61% | 6/10/2015 | 6/12/2015 | 6/26/2015 |
| 2/26/2015 | quarterly | $0.45 | 5.74% | 3/10/2015 | 3/12/2015 | 3/24/2015 |
| 11/26/2014 | quarterly | $0.45 | 4.34% | 12/3/2014 | 12/5/2014 | 12/30/2014 |
| 8/27/2014 | quarterly | $0.45 | 2.81% | 9/8/2014 | 9/10/2014 | 9/26/2014 |
| 5/28/2014 | quarterly | $0.45 | 3.85% | 6/4/2014 | 6/6/2014 | 6/27/2014 |
| 3/3/2014 | quarterly | $0.45 | 4.72% | 3/10/2014 | 3/12/2014 | 3/24/2014 |
| 11/29/2013 | quarterly | $0.45 | 4.95% | 12/4/2013 | 12/6/2013 | 12/20/2013 |
| 11/27/2013 | | $0.45 | | 12/4/2013 | 12/6/2013 | 12/20/2013 |
| 8/30/2013 | quarterly | $0.45 | 4.82% | 9/11/2013 | 9/13/2013 | 9/26/2013 |
| 5/31/2013 | quarterly | $0.45 | 5.29% | 6/11/2013 | 6/13/2013 | 6/27/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Golar LNG Limited (NASDAQ:GLNG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Golar LNG Limited (NASDAQ:GLNG)
Latest Headlines for Golar LNG Limited (NASDAQ:GLNG)
| Source: |
|
Loading headlines, please wait.
Golar LNG Limited (GLNG) Chart for Tuesday, October, 24, 2017
