NASDAQ:GLNGGolar LNG Stock Price, Forecast & 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 stock has decreased by 24.2% and is now trading at $6.70. 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) posted its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.23. The shipping company earned $117.73 million during the quarter, compared to analyst estimates of $108.58 million. Golar LNG had a negative return on equity of 3.77% and a negative net margin of 60.05%. View Golar LNG's earnings history.

9 Wall Street analysts have issued 12 month target prices 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 twelve months. This suggests a possible upside of 159.5% from the stock's current price. View analysts' price targets for Golar LNG.

News coverage about GLNG stock has been trending negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring 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 media sentiment score of -2.6 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Golar LNG.

Golar LNG saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 6,950,000 shares, a decline of 28.4% from the June 15th total of 9,710,000 shares. Based on an average 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 sold short. 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), Teekay (TK) and GasLog (GLOG). 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 $6.70.

Golar LNG has a market capitalization of $678.71 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]