NASDAQ:GLNGGolar LNG Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Golar LNG Limited Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.86 -0.07 (-0.88 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$7.62Now: $7.86▼$8.1850-Day Range$5.21MA: $6.38▼$7.9352-Week Range$4.54Now: $7.86▼$19.05Volume1.89 million shsAverage Volume1.76 million shsMarket Capitalization$796.23 millionP/E RatioN/ADividend YieldN/ABeta0.62 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 December 31, 2018, Golar LNG Limited, together with Golar LNG Partners LP and Golar Power Limited, owned and operated a fleet of 18 LNG carriers, 8 FSRUs, and 1 FLNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingGolar LNG has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.39, Golar LNG has a potential upside of 121.2% from its current price of $7.86.Amount of Analyst CoverageGolar LNG has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesGolar LNG has received 453 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGolar LNG has received 442 “underperform” votes. (Add your “underperform” vote.)Community SentimentGolar LNG has received 50.61% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldGolar LNG does not currently pay a dividend.Dividend GrowthGolar LNG has only been increasing its dividend for 1 years. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Golar LNG insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.02% of the stock of Golar LNG is held by insiders.Percentage Held by Institutions61.43% of the stock of Golar LNG is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Golar LNG are expected to grow by 207.69% in the coming year, from $0.26 to $0.80 per share.Price to Book Value per Share RatioGolar LNG has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.87 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNASDAQ:GLNG Previous Symbol CUSIPG9456A10 CIK1207179 Webwww.golarlng.com Phone441-295-4705Debt Debt-to-Equity Ratio0.82 Current Ratio0.18 Quick Ratio0.18Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$448.75 million Price / Sales1.77 Cash FlowN/A Price / Cash FlowN/A Book Value$17.28 per share Price / Book0.45Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-211,960,000.00 Net Margins-60.05% Return on Equity-3.77% Return on Assets-1.39%Miscellaneous Employees194 Outstanding Shares101,302,000Market Cap$796.23 million Next Earnings Date9/3/2020 (Estimated) OptionableOptionable NASDAQ:GLNG Rates by TradingView Receive GLNG News and Ratings via Email Sign-up to receive the latest news and ratings for GLNG and its competitors with MarketBeat's FREE daily newsletter. 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 reached pandemic status according to the World Health Organization. Since then, GLNG shares have decreased by 11.1% and is now trading at $7.86. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Golar LNG? 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. When is Golar LNG's next earnings date? Golar LNG is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Golar LNG. How were Golar LNG's earnings last quarter? Golar LNG Limited (NASDAQ:GLNG) released its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.23. The shipping company had revenue of $117.73 million for the quarter, compared to analyst estimates of $108.58 million. Golar LNG had a negative net margin of 60.05% and a negative return on equity of 3.77%. View Golar LNG's earnings history. What price target have analysts set for GLNG? 9 equities research analysts have issued 12-month target prices for Golar LNG's stock. Their forecasts range from $11.00 to $27.00. On average, they expect Golar LNG's share price to reach $17.39 in the next twelve months. This suggests a possible upside of 121.2% from the stock's current price. View analysts' price targets for Golar LNG. Has Golar LNG been receiving favorable news coverage? News coverage about GLNG stock has trended very negative this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Golar LNG earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave 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 impact on the company's share price in the next several days. View the latest news aboutGolar LNG. Are investors shorting Golar LNG? Golar LNG saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,630,000 shares, an increase of 8.8% from the April 30th total of 8,850,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is presently 5.2 days. Currently, 11.8% of the shares of the stock are sold short. View Golar LNG's Current Options Chain. Who are some of Golar LNG's key competitors? Some companies that are related to Golar LNG include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), SemGroup (SEMG), Ship Finance International (SFL), Scorpio Tankers (STNG), Nordic American Tanker (NAT), Teekay Tankers (TNK), Golden Ocean Group (GOGL), Teekay (TK) and GasLog (GLOG). View all 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 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). Who are Golar LNG's key executives? Golar LNG's management team includes the following 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. Ãistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 58)Mr. Morten Daviknes, Chief Technical Officer of Golar Management Ltd. (Age 53)Mr. Michael Ashford, Company Sec. & Director (Age 72) 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.95%), Bain Capital Credit LP (2.54%), Geode Capital Management LLC (0.62%), Assenagon Asset Management S.A. (0.49%), Nuveen Asset Management LLC (0.40%) and Invesco Ltd. (0.37%). Which major investors are selling Golar LNG stock? GLNG stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, KBC Group NV, Weiss Multi Strategy Advisers LLC, Phoenix Holdings Ltd., Invesco Ltd., Marketfield Asset Management LLC, Creative Planning, and Boston Family Office LLC. Which major investors are buying Golar LNG stock? GLNG stock was acquired by a variety of institutional investors in the last quarter, including Bain Capital Credit LP, Assenagon Asset Management S.A., BlackRock Inc., Trexquant Investment LP, Parametric Portfolio Associates LLC, ICM Asset Management Inc. WA, Geode Capital Management LLC, and SG Americas Securities LLC. 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 $7.86. How big of a company is Golar LNG? Golar LNG has a market capitalization of $796.23 million and generates $448.75 million in revenue each year. Golar LNG employs 194 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 6/2/2020 by MarketBeat.com Staff
