Should I buy or sell Golar LNG stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GLNG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLNG, but not buy additional shares or sell existing shares. View GLNG analyst ratings or view top-rated stocks .

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

2 brokerages have issued twelve-month price targets for Golar LNG's stock. Their GLNG share price targets range from $27.00 to $34.00. On average, they predict the company's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 23.7% 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 on January 1st, 2024. Since then, GLNG shares have increased by 7.3% and is now trading at $24.66. View the best growth stocks for 2024 here .

When is Golar LNG's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our GLNG earnings forecast .

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) released its quarterly earnings data on Thursday, February, 29th. The shipping company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.40. The shipping company had revenue of $78.65 million for the quarter, compared to analysts' expectations of $76.85 million. Golar LNG had a positive trailing twelve-month return on equity of 11.67% and a negative net margin of 15.68%.

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

Golar LNG announced a quarterly dividend on Thursday, February 29th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.25 per share on Wednesday, March 20th. This represents a $1.00 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Monday, March 11th. 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 4.04%. GLNG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 Invesco Oil & Gas Services ETF (PXJ) and Global X Guru Index ETF (GURU) . Avantis International Small Cap Value ETF (AVDV) .

What guidance has Golar LNG issued on next quarter's earnings?

Golar LNG issued an update on its fourth quarter 2023 earnings guidance on Friday, March, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $80.0 million-$80.0 million.

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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP) , Energy Transfer (ET) , Melco Resorts & Entertainment (MLCO) , Enterprise Products Partners (EPD) , Teekay (TK) , GasLog (GLOG) , Synacor (SYNC) , Gilead Sciences (GILD) , International Business Machines (IBM) and AT&T (T) .

Who are Golar LNG's major shareholders?

Golar LNG's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.38%).

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

NASDAQ:GLNG

Golar LNG (GLNG) Stock Price, News & Analysis

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$24.69

-0.08 (-0.32%)

(As of 04:23 PM ET)

Compare

Today's Range: $24.57
▼
$24.99
50-Day Range: $20.29
▼
$25.43
52-Week Range: $19.62
▼
$25.90

Volume: 449,037 shs
Average Volume: 1.15 million shs
Market Capitalization: $2.58 billion

P/E Ratio: N/A
Dividend Yield: 4.05%
Price Target: $30.50

Get Golar LNG alerts:

Golar LNG MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 23.7% Upside
$30.50 Price Target
Short Interest: Healthy
2.41% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.39
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -5.42%
From $1.66 to $1.57 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.

1.86 out of 5 stars

Transportation Sector

84th out of 106 stocks

Water Transportation Industry

12th out of 16 stocks

2.0

Analyst's Opinion

Consensus Rating
Golar LNG has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Golar LNG has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.41% of the float of Golar LNG has been sold short.
Short Interest Ratio / Days to Cover
Golar LNG has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Golar LNG has recently decreased by 20.47%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Golar LNG is a leading dividend payer. It pays a dividend yield of 4.04%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Golar LNG has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Golar LNG will have a dividend payout ratio of 63.69% next year. This indicates that Golar LNG will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GLNG.

1.3

News and Social Media Coverage

News Sentiment
Golar LNG has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Golar LNG this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GLNG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Golar LNG to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Golar LNG insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of Golar LNG is held by insiders.
Percentage Held by Institutions
92.21% of the stock of Golar LNG is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Golar LNG are expected to decrease by -5.42% in the coming year, from $1.66 to $1.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Golar LNG is -57.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Golar LNG is -57.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Golar LNG has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Golar LNG Stock (NASDAQ:GLNG)

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

GLNG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLNG Stock News Headlines

April 13, 2024 | americanbankingnews.com

Golar LNG (NASDAQ:GLNG) Hits New 52-Week High at $25.90

April 11, 2024 | americanbankingnews.com

Golar LNG (NASDAQ:GLNG) Upgraded to Hold by StockNews.com

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | nasdaq.com

Golar LNG (GLNG) Passes Through 4% Yield Mark

March 28, 2024 | globenewswire.com

Golar LNG Limited - Announcement of filing of Form 20-F Annual Report

March 27, 2024 | msn.com

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Golar LNG: Dividend Insights

March 4, 2024 | finanznachrichten.de

Oilprice.com: Europe's $800 Billion Energy Crisis Sparks Investment Frenzy

March 4, 2024 | finance.yahoo.com

Golar LNG Limited (NASDAQ:GLNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

March 3, 2024 | seekingalpha.com

Golar LNG Limited (GLNG) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Golar LNG Limited's (NASDAQ:GLNG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

March 1, 2024 | finance.yahoo.com

Golar LNG Limited (NASDAQ:GLNG) Q4 2023 Earnings Call Transcript

February 29, 2024 | seekingalpha.com

Golar LNG Limited 2023 Q4 - Results - Earnings Call Presentation

February 29, 2024 | globenewswire.com

Key information relating to the cash dividend to be paid by Golar LNG Limited

February 29, 2024 | globenewswire.com

Golar LNG Limited preliminary fourth quarter and financial year 2023 results

February 21, 2024 | seekingalpha.com

Golar LNG: Bet On Rising Floating LNG Demand

February 17, 2024 | finance.yahoo.com

GLNG Mar 2024 21.000 call

February 5, 2024 | finance.yahoo.com

Golar LNG Limited – Q4 2023 results presentation

January 10, 2024 | finanznachrichten.de

Golar LNG: FLNG Gimi arrives at GTA field offshore Mauritania/Senegal

January 10, 2024 | finance.yahoo.com

FLNG Gimi arrives at GTA field offshore Mauritania/Senegal

January 8, 2024 | finance.yahoo.com

With 71% institutional ownership, Golar LNG Limited (NASDAQ:GLNG) is a favorite amongst the big guns

January 3, 2024 | markets.businessinsider.com

BTIG Keeps Their Buy Rating on Golar LNG (GLNG)

January 2, 2024 | finance.yahoo.com

Here's Why Investors Should Avoid Golar LNG (GLNG) Stock Now

December 21, 2023 | finance.yahoo.com

Golar LNG (GLNG) Up 4.6% Since Last Earnings Report: Can It Continue?

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 3/20 Dividend: 3/11/2024
Dividend Payable: 3/20/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Water transportation
Sub-Industry: Oil & Gas Storage & Transportation
Current Symbol: NASDAQ:GLNG
CUSIP: G9456A10
CIK: 1207179
Web: www.golarlng.com
Phone: (441) 295-4705
Fax: 441-295-3494
Employees: 490
Year Founded: 1946

Price Target and Rating

Average Stock Price Target: $30.50
High Stock Price Target: $34.00
Low Stock Price Target: $27.00
Potential Upside/Downside: +22.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.43)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.02
P/E Growth: N/A
Net Income: $-46,790,000.00
Net Margins: -15.68%
Pretax Margin: 0.42%
Return on Equity: 11.67%
Return on Assets: 7.58%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 1.49
Quick Ratio: 1.49

Sales & Book Value

Annual Sales: $298.43 million
Price / Sales: 8.74
Cash Flow: $2.79 per share
Price / Cash Flow: 8.93
Book Value: $24.89 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 104,580,000
Free Float: 104,557,000
Market Cap: $2.61 billion
Optionable: Optionable
Beta: 0.61

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GLNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Golar LNG stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GLNG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLNG, but not buy additional shares or sell existing shares.
View GLNG analyst ratings or view top-rated stocks.
What is Golar LNG's stock price target for 2024?: 2 brokerages have issued twelve-month price targets for Golar LNG's stock. Their GLNG share price targets range from $27.00 to $34.00. On average, they predict the company's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 23.7% 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 on January 1st, 2024. Since then, GLNG shares have increased by 7.3% and is now trading at $24.66.
View the best growth stocks for 2024 here.
When is Golar LNG's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our GLNG earnings forecast.
How were Golar LNG's earnings last quarter?: Golar LNG Limited (NASDAQ:GLNG) released its quarterly earnings data on Thursday, February, 29th. The shipping company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.40. The shipping company had revenue of $78.65 million for the quarter, compared to analysts' expectations of $76.85 million. Golar LNG had a positive trailing twelve-month return on equity of 11.67% and a negative net margin of 15.68%.
How often does Golar LNG pay dividends? What is the dividend yield for Golar LNG?: Golar LNG announced a quarterly dividend on Thursday, February 29th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.25 per share on Wednesday, March 20th. This represents a $1.00 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Monday, March 11th.
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 4.04%. GLNG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 Invesco Oil & Gas Services ETF (PXJ) and Global X Guru Index ETF (GURU).Avantis International Small Cap Value ETF (AVDV).

What guidance has Golar LNG issued on next quarter's earnings?: Golar LNG issued an update on its fourth quarter 2023 earnings guidance on Friday, March, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $80.0 million-$80.0 million.
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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP), Energy Transfer (ET), Melco Resorts & Entertainment (MLCO), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Gilead Sciences (GILD), International Business Machines (IBM) and AT&T (T).
Who are Golar LNG's major shareholders?: Golar LNG's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.38%).
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 4/18/2024 by MarketBeat.com Staff

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Golar LNG (GLNG) Stock Price, News & Analysis

Golar LNG MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Golar LNG Stock (NASDAQ:GLNG)

GLNG Stock Price History

GLNG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

GLNG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™