NYSE:GLOGGasLog Stock Price, Forecast & News

GasLog's stock was trading at $3.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GLOG shares have decreased by 13.5% and is now trading at $3.34. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GasLog in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GasLog.

GasLog is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for GasLog.

GasLog Ltd (NYSE:GLOG) released its quarterly earnings results on Thursday, May, 7th. The shipping company reported $0.15 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.07. The shipping company had revenue of $165.90 million for the quarter, compared to analysts' expectations of $164.71 million. GasLog had a negative net margin of 21.14% and a positive return on equity of 2.12%. View GasLog's earnings history.

GasLog declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, May 18th will be given a dividend of $0.05 per share on Thursday, May 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date of this dividend is Friday, May 15th. View GasLog's dividend history.

6 analysts have issued 12 month price targets for GasLog's stock. Their forecasts range from $4.00 to $16.00. On average, they expect GasLog's share price to reach $8.00 in the next year. This suggests a possible upside of 139.5% from the stock's current price. View analysts' price targets for GasLog.

News coverage about GLOG stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GasLog earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutGasLog.

GasLog saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,820,000 shares, an increase of 17.8% from the April 30th total of 4,090,000 shares. Based on an average trading volume of 1,150,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 12.2% of the shares of the stock are short sold. View GasLog's Current Options Chain.

Some companies that are related to GasLog include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), SemGroup (SEMG), Ship Finance International (SFL), Scorpio Tankers (STNG), Golar LNG (GLNG), Nordic American Tanker (NAT), Teekay Tankers (TNK), Golden Ocean Group (GOGL) and Teekay (TK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GasLog investors own include GasLog Partners LP Unit (GLOP), Golar LNG (GLNG), DoubleLine Income Solutions Fund (DSL), GlaxoSmithKline (GSK), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), General Electric (GE), Enbridge (ENB), Kinder Morgan (KMI) and New Residential Investment (NRZ).

GasLog trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOG."

GasLog's stock is owned by many different institutional and retail investors. Top institutional shareholders include Invesco Ltd. (7.03%), State Street Corp (1.52%), Frontier Capital Management Co. LLC (1.45%), Cohen Capital Management Inc. (0.62%), Morgan Stanley (0.56%) and Parametric Portfolio Associates LLC (0.50%).

GLOG stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Frontier Capital Management Co. LLC, KBC Group NV, Geode Capital Management LLC, Nuveen Asset Management LLC, Pinnacle Associates Ltd., Bank of New York Mellon Corp, and UBS Group AG.

GLOG stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Assenagon Asset Management S.A., Morgan Stanley, Raymond James & Associates, State Street Corp, Parametric Portfolio Associates LLC, Engineers Gate Manager LP, and PARK CIRCLE Co.

Shares of GLOG 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 GLOG stock can currently be purchased for approximately $3.34.

GasLog has a market capitalization of $269.04 million and generates $668.64 million in revenue each year. The shipping company earns $-100,660,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. GasLog employs 160 workers across the globe.

The official website for GasLog is www.gaslogltd.com.

GasLog's mailing address is C/O GASLOG SERVICES UK LTD 81 KINGS ROAD, LONDON X0, SW3 4NX. The shipping company can be reached via phone at 44-0-20-3388-3109 or via email at [email protected]