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NASDAQ:GLNG

Golar LNG Stock Forecast, Price & News

$9.96
-0.34 (-3.30 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$9.64
Now: $9.96
$10.25
50-Day Range
$7.12
MA: $8.45
$10.30
52-Week Range
$4.54
Now: $9.96
$15.24
Volume871,600 shs
Average Volume1.65 million shs
Market Capitalization$1.01 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.81
Golar LNG Limited provides infrastructure for the liquefaction, transportation, regasification, and downstream distribution 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, FLNG, and floating storage regasification units (FSRUs); and the development of gas to power projects, as well as LNG distribution operations. As of April 16, 2020, it operated twelve LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.60 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
Current SymbolNASDAQ:GLNG
CUSIPG9456A10
Phone441-295-4705
Employees1,647

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$448.75 million
Book Value$17.28 per share

Profitability

Net Income$-211,960,000.00

Miscellaneous

Market Cap$1.01 billion
Next Earnings Date11/30/2020 (Confirmed)
OptionableOptionable
$9.96
-0.34 (-3.30 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Golar LNG (NASDAQ:GLNG) Frequently Asked Questions

How has Golar LNG's stock been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Golar LNG?

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."
View analyst ratings for Golar LNG
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Golar LNG?

Wall Street analysts have given Golar LNG a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Golar LNG wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release its next quarterly earnings announcement on Monday, November 30th 2020.
View our earnings forecast for Golar LNG
.

How were Golar LNG's earnings last quarter?

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
.

What price target have analysts set for GLNG?

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
.

Are investors shorting 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
.

Who are some of Golar LNG's key competitors?

What other stocks do shareholders of Golar LNG own?

Who are Golar LNG's key executives?

Golar LNG's management team includes the following people:
  • Mr. Iain Ross, Chief Exec. Officer (Age 58)
  • Mr. Øistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 59)
  • Mr. Olve Skjeggedal, Chief Technical Officer of Golar Management Ltd
  • Mr. Callum Mitchell-Thomson, Chief Financial Officer
  • Stuart Buchanan, Head of Investor Relations
  • Mr. Eduardo Maranhao, Chief Financial Officer of Golar Power (Age 36)
  • Ms. Georgina E. Sousa, Company Sec. & Director (Age 69)
  • Mr. Douglas J. Arnell, Sr. Advisor (Age 54)

What is Golar LNG's stock symbol?

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

Who are Golar LNG's major shareholders?

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%).

Which major investors are selling Golar LNG stock?

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..

Which major investors are buying Golar LNG stock?

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..

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, Robinhood, Fidelity, and Charles Schwab.

What is Golar LNG's stock price today?

One share of GLNG stock can currently be purchased for approximately $9.96.

How big of a company is Golar LNG?

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.

What is Golar LNG's official website?

The official website for Golar LNG is 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]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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