GasLog Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GasLog in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GasLog stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLOG, but not buy additional shares or sell existing shares.
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Wall Street analysts have given GasLog a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but GasLog wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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GasLog is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for GasLog.

GasLog Ltd. (NYSE:GLOG) posted its earnings results on Thursday, May, 6th. The shipping company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.08. The shipping company earned $205.33 million during the quarter, compared to the consensus estimate of $194.70 million. GasLog had a net margin of 9.03% and a trailing twelve-month return on equity of 3.93%.
View GasLog's earnings history.

GasLog's stock was trading at $3.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GLOG shares have increased by 50.0% and is now trading at $5.79.
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GasLog announced a quarterly dividend on Friday, May 14th. Investors of record on Wednesday, June 30th will be given a dividend of $0.547 per share on Thursday, July 1st. This represents a $2.19 annualized dividend and a yield of 37.79%. The ex-dividend date of this dividend is Tuesday, June 29th. This is an increase from GasLog's previous quarterly dividend of $0.05.
View GasLog's dividend history.

GasLog pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.45%. GasLog does not yet have a strong track record of dividend growth. The dividend payout ratio of GasLog is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GasLog will have a dividend payout ratio of 20.00% next year. This indicates that GasLog will be able to sustain or increase its dividend.
View GasLog's dividend history.

7 brokerages have issued twelve-month price targets for GasLog's stock. Their forecasts range from $3.25 to $6.00. On average, they anticipate GasLog's stock price to reach $4.65 in the next year. This suggests that the stock has a possible downside of 19.7%.
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2 employees have rated GasLog CEO Gary Fry on Glassdoor.com. Gary Fry has an approval rating of 100% among GasLog's employees. This puts Gary Fry in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

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

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

GasLog's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.42%), Polar Asset Management Partners Inc. (2.68%), TIG Advisors LLC (2.58%), Man Group plc (2.12%), Renaissance Technologies LLC (1.90%) and Citigroup Inc. (1.31%).

GLOG stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Algert Global LLC, UBS Group AG, Dimensional Fund Advisors LP, Mirae Asset Global Investments Co. Ltd., Squarepoint Ops LLC, Royal Bank of Canada, and Advisory Services Network LLC.

GLOG stock was purchased by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., TIG Advisors LLC, Man Group plc, Citigroup Inc., Ergoteles LLC, Icon Advisers Inc. Co., Keebeck Alpha LP, and Privium Fund Management UK Ltd.

Shares of GLOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GLOG stock can currently be purchased for approximately $5.79.

GasLog has a market capitalization of $551.15 million and generates $674.09 million in revenue each year. The shipping company earns $-44,950,000.00 in net income (profit) each year or $0.40 on an earnings per share basis.

GasLog employs 170 workers across the globe.

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

GasLog is headquartered at C/O GASLOG SERVICES UK LTD 81 KINGS ROAD, LONDON X0, SW3 4NX.

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]