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NASDAQ:GLNG

Golar LNG (GLNG) Stock Price, News & Analysis

$26.29
+0.43 (+1.66%)
(As of 05/31/2024 ET)
Today's Range
$25.69
$26.29
50-Day Range
$23.52
$27.17
52-Week Range
$19.62
$27.37
Volume
827,926 shs
Average Volume
1.02 million shs
Market Capitalization
$2.75 billion
P/E Ratio
N/A
Dividend Yield
3.80%
Price Target
$34.33

Golar LNG MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.6% Upside
$34.33 Price Target
Short Interest
Healthy
3.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Golar LNG in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.26%
From $1.88 to $1.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.83 out of 5 stars

Transportation Sector

66th out of 114 stocks

Water Transportation Industry

10th out of 17 stocks

GLNG stock logo

About Golar LNG Stock (NASDAQ:GLNG)

Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.

GLNG Stock Price History

GLNG Stock News Headlines

Golar LNG Limited (NASDAQ:GLNG) Sees Large Growth in Short Interest
Golar LNG (NASDAQ:GLNG) PT Raised to $36.00
Golar LNG (NASDAQ:GLNG) PT Raised to $40.00
Golar LNG Limited (NASDAQ:GLNG) Plans $0.25 Quarterly Dividend
Golar LNG reports Q1 results
Golar LNG earnings: here's what Wall Street expects
Golar LNG Q1 2024 Earnings Preview
Golar LNG Limited – Q1 2024 results presentation
Golar LNG Limited (GLNG)
Golar LNG: Dividend Insights
See More Headlines
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Company Calendar

Last Earnings
11/21/2023
Ex-Dividend for 3/20 Dividend
3/11/2024
Dividend Payable
3/20/2024
Today
6/01/2024
Ex-Dividend for 6/17 Dividend
6/10/2024
Dividend Payable
6/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NASDAQ:GLNG
CUSIP
G9456A10
Employees
470
Year Founded
1946

Price Target and Rating

Average Stock Price Target
$34.33
High Stock Price Target
$40.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+30.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-46,790,000.00
Pretax Margin
0.42%

Debt

Sales & Book Value

Annual Sales
$289.42 million
Cash Flow
$2.81 per share
Book Value
$24.89 per share

Miscellaneous

Free Float
104,557,000
Market Cap
$2.75 billion
Optionable
Optionable
Beta
0.62

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Key Executives

  • Mr. Karl Fredrik Staubo (Age 37)
    Chief Executive Officer of Golar Management AS
  • Mr. Eduardo Maranhao (Age 41)
    Chief Financial Officer of Golar Management Ltd
  • Mr. Ragnar Nes (Age 55)
    Chief Operating Officer of Golar Management AS
  • Mr. Erik Svendsen (Age 52)
    Chief Technical Officer of Golar Management AS
  • Mr. Stuart Buchanan
    Head of Investor Relations

GLNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Golar LNG stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GLNG shares.
View GLNG analyst ratings
or view top-rated stocks.

What is Golar LNG's stock price target for 2024?

4 equities research analysts have issued twelve-month price targets for Golar LNG's shares. Their GLNG share price targets range from $27.00 to $40.00. On average, they predict the company's share price to reach $34.33 in the next year. This suggests a possible upside of 30.6% from the stock's current price.
View analysts price targets for GLNG
or view top-rated stocks among Wall Street analysts.

How have GLNG shares performed in 2024?

Golar LNG's stock was trading at $22.99 at the beginning of 2024. Since then, GLNG stock has increased by 14.4% and is now trading at $26.29.
View the best growth stocks for 2024 here
.

Are investors shorting Golar LNG?

Golar LNG saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,670,000 shares, an increase of 19.9% from the April 30th total of 3,060,000 shares. Based on an average daily volume of 1,170,000 shares, the short-interest ratio is presently 3.1 days. Currently, 3.7% of the company's stock are short sold.
View Golar LNG's Short Interest
.

When is Golar LNG's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 9th 2024.
View our GLNG earnings forecast
.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) issued its quarterly earnings results on Tuesday, November, 21st. The shipping company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. The shipping company had revenue of $67.25 million for the quarter, compared to the consensus estimate of $67.43 million. Golar LNG had a negative net margin of 15.68% and a positive trailing twelve-month return on equity of 11.67%. During the same quarter last year, the firm posted $0.44 earnings per share.

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

Golar LNG announced a quarterly dividend on Tuesday, May 28th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.25 per share on Monday, June 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Monday, June 10th.
Read our dividend analysis for GLNG
.

Is Golar LNG a good dividend stock?

Golar LNG (NASDAQ:GLNG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.86%.
Read our dividend analysis for GLNG.

What ETFs hold Golar LNG's stock?

ETFs with the largest weight of Golar LNG (NASDAQ:GLNG) stock in their portfolio include Roundhill Alerian LNG ETF (LNGG) and Invesco Oil & Gas Services ETF (PXJ).Avantis International Small Cap Value ETF (AVDV).

What is Graham Robjohns' approval rating as Golar LNG's CEO?

2 employees have rated Golar LNG Chief Executive Officer Graham Robjohns on Glassdoor.com. Graham Robjohns has an approval rating of 100% among the company's employees. This puts Graham Robjohns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Golar LNG own?
Who are Golar LNG's major shareholders?

Golar LNG's stock is owned by a number of retail and institutional investors. Top institutional investors include Donald Smith & CO. Inc. (3.43%), Pinnacle Associates Ltd. (1.37%), Vanguard Group Inc. (0.97%), Hosking Partners LLP (0.68%), Healthcare of Ontario Pension Plan Trust Fund (0.60%) and Huber Capital Management LLC (0.58%).

How do I buy shares of Golar LNG?

Shares of GLNG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Golar LNG have any subsidiaries?
The following companies are subsidiares of Golar LNG: Egyptian Natural Gas Holding Company, GVS Corporation, Gimi Holding Company Limited (a), Gimi MS Corporation (b), Golar GP LLC – Limited Liability Company, Golar Gandria N.V., Golar Hilli Corp. (c), Golar Hilli LLC (c), Golar Hull M2021 Corporation, Golar Hull M2022 Corporation, Golar Hull M2027 Corporation, Golar Hull M2047 Corporation, Golar Hull M2048 Corporation, Golar LNG 2216 Corporation, Golar LNG Energy Limited, Golar LNG NB10 Corporation, Golar LNG NB11 Corporation, Golar LNG NB12 Corporation, Golar LNG NB13 Corporation, Golar Management (Bermuda) Limited, Golar Management D.O.O, Golar Management Limited, Golar Management Malaysia SDN. BDH., Golar Management Norway AS, and Golar Shoreline LNG Limited.
Read More
This page (NASDAQ:GLNG) was last updated on 6/1/2024 by MarketBeat.com Staff

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