Golar LNG Stock Forecast, Price & News

Golar LNG's stock was trading at $8.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GLNG shares have increased by 12.7% and is now trading at $9.96.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Golar LNG is scheduled to release its next quarterly earnings announcement on Monday, November 30th 2020.
View our earnings forecast for Golar LNG.

Golar LNG Limited (NASDAQ:GLNG) posted its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.23. The shipping company earned $117.73 million during the quarter, compared to the consensus estimate of $108.58 million. Golar LNG had a negative net margin of 68.63% and a negative return on equity of 0.58%.
View Golar LNG's earnings history.

5 brokers have issued twelve-month target prices for Golar LNG's shares. Their forecasts range from $10.00 to $19.00. On average, they expect Golar LNG's share price to reach $13.10 in the next year. This suggests a possible upside of 31.5% from the stock's current price.
View analysts' price targets for Golar LNG.

Golar LNG saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 9,940,000 shares, an increase of 28.8% from the October 15th total of 7,720,000 shares. Based on an average daily volume of 1,880,000 shares, the short-interest ratio is presently 5.3 days. Approximately 12.2% of the shares of the company are sold short.
View Golar LNG's Short Interest.

Some companies that are related to Golar LNG include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), SFL (SFL), Scorpio Tankers (STNG), Golden Ocean Group (GOGL), Nordic American Tankers (NAT), Teekay Tankers (TNK), GasLog (GLOG) and Teekay (TK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP), Energy Transfer (ET), Melco Resorts & Entertainment (MLCO), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Gilead Sciences (GILD), International Business Machines (IBM) and AT&T (T).

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

Golar LNG's stock is owned by many different institutional and retail investors. Top institutional investors include Orbis Allan Gray Ltd (10.71%), BlackRock Inc. (5.03%), Bain Capital Credit LP (3.40%), Huber Capital Management LLC (1.38%), Duff & Phelps Investment Management Co. (1.16%) and Arrowstreet Capital Limited Partnership (0.96%).

GLNG stock was sold by a variety of institutional investors in the last quarter, including Orbis Allan Gray Ltd, Voloridge Investment Management LLC, Boston Family Office LLC, Wells Fargo & Company MN, SG Americas Securities LLC, Cubist Systematic Strategies LLC, Pinnacle Associates Ltd., and Cambridge Investment Research Advisors Inc..

GLNG stock was bought by a variety of institutional investors in the last quarter, including Bain Capital Credit LP, BlackRock Inc., Point72 Asset Management L.P., Huber Capital Management LLC, Arrowstreet Capital Limited Partnership, Levin Capital Strategies L.P., Cobalt Capital Management Inc., and Beech Hill Advisors Inc..

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 $9.96.

Golar LNG has a market capitalization of $1.01 billion 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]