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

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$21.64 +0.24 (+1.12 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$21.40
Today's Range$21.39 - $21.9550
52-Week Range$20.10 - $35.54
Volume659,315 shs
Average Volume1.01 million shs
Market Capitalization$2.19 billion
P/E Ratio-56.95
Dividend Yield2.80%
Beta0.75
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction of LNG. It operates through three segments: Vessel operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of April 6, 2018, Golar LNG Limited, together with Golar LNG Partners LP and Golar Power Limited, owned and operated a fleet of 26 vessels, including 18 LNG carriers, 7 FSRUs, and 1 FLNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

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Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
Current SymbolNASDAQ:GLNG
CUSIPG9456A10
Phone441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$430.60 million
Cash Flow$0.6263 per share
Book Value$18.06 per share

Profitability

Net Income$-231,430,000.00

Miscellaneous

EmployeesN/A
Market Cap$2.19 billion
Next Earnings Date5/30/2019 (Estimated)
OptionableOptionable

Golar LNG (NASDAQ:GLNG) Frequently Asked Questions

What is Golar LNG's stock symbol?

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

How often does Golar LNG pay dividends? What is the dividend yield for Golar LNG?

Golar LNG announced a quarterly dividend on Wednesday, February 27th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.15 per share on Wednesday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Wednesday, March 13th. View Golar LNG's Dividend History.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) announced its quarterly earnings data on Thursday, May, 31st. The shipping company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.16) by $0.04. The shipping company had revenue of $66.19 million for the quarter, compared to analyst estimates of $60.45 million. Golar LNG had a negative return on equity of 2.03% and a negative net margin of 53.74%. View Golar LNG's Earnings History.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Golar LNG.

What price target have analysts set for GLNG?

12 Wall Street analysts have issued 1 year target prices for Golar LNG's stock. Their predictions range from $30.00 to $40.00. On average, they expect Golar LNG's stock price to reach $34.20 in the next twelve months. This suggests a possible upside of 58.0% from the stock's current price. View Analyst Price Targets for Golar LNG.

What is the consensus analysts' recommendation for Golar LNG?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Golar LNG.

Has Golar LNG been receiving favorable news coverage?

News coverage about GLNG stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Golar LNG earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Golar LNG's key competitors?

What other stocks do shareholders of Golar LNG own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include General Electric (GE), Energy Transfer LP Unit (ET), Golar LNG Partners (GMLP), Alibaba Group (BABA), Enterprise Products Partners (EPD), Twitter (TWTR), Mattel (MAT), AT&T (T), Blackstone Group (BX) and Micron Technology (MU).

Who are Golar LNG's key executives?

Golar LNG's management team includes the folowing people:
  • Mr. Iain Ross, Chief Exec. Officer of Golar Management Ltd (Age 57)
  • Mr. Graham Robjohns, Deputy CEO & CFO of Golar Management Ltd. (Age 54)
  • Mr. Øistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 58)
  • Mr. Michael Ashford, Company Sec. & Director (Age 72)
  • Mr. Morten Daviknes, Chief Technical Officer of Golar Management Ltd.

Who are Golar LNG's major shareholders?

Golar LNG's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (7.32%), Barrow Hanley Mewhinney & Strauss LLC (5.70%), BlackRock Inc. (4.67%), Victory Capital Management Inc. (1.42%), Pelham Capital Ltd. (1.13%) and Bank of America Corp DE (0.98%).

Which major investors are selling Golar LNG stock?

GLNG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Trafelet Brokaw Capital Management L.P., Pelham Capital Ltd., Barrow Hanley Mewhinney & Strauss LLC, DNB Asset Management AS, Canada Pension Plan Investment Board, Perella Weinberg Partners Capital Management LP and Nomura Holdings Inc..

Which major investors are buying Golar LNG stock?

GLNG stock was purchased by a variety of institutional investors in the last quarter, including Beaconlight Capital LLC, Norges Bank, HITE Hedge Asset Management LLC, Victory Capital Management Inc., BlackRock Inc., GAM Holding AG, Frontier Capital Management Co. LLC and Two Sigma Investments LP.

How do I buy shares of Golar LNG?

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, Scottrade, Fidelity and Charles Schwab.

What is Golar LNG's stock price today?

One share of GLNG stock can currently be purchased for approximately $21.64.

How big of a company is Golar LNG?

Golar LNG has a market capitalization of $2.19 billion and generates $430.60 million in revenue each year. The shipping company earns $-231,430,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

What is Golar LNG's official website?

The official website for Golar LNG is http://www.golarlng.com.

How can I contact Golar LNG?

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]


MarketBeat Community Rating for Golar LNG (NASDAQ GLNG)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  386 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  736
MarketBeat's community ratings are surveys of what our community members think about Golar LNG and other stocks. Vote "Outperform" if you believe GLNG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLNG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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