Golar Lng (NASDAQ:GLNG)’s traded shares stood at 1.45 million during the latest session, with the company’s beta value hitting 0.60. At the last check today, the stock’s price was $40.34, to imply a decrease of -5.20% or -$2.21 in intraday trading. The GLNG share’s 52-week high remains $44.36, putting it -9.97% down since that peak but still an impressive 39.04% since price per share fell to its 52-week low of $24.59. The company has a valuation of $4.22B, with an average of 1.34 million shares in intraday trading volume over the past 10 days and average of 1.81 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Golar Lng (GLNG), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give GLNG a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.2.
Golar Lng (NASDAQ:GLNG) trade information
After registering a -5.20% downside in the latest session, Golar Lng (GLNG) has traded red over the past five days. The 5-day price performance for the stock is 0.07%, and 8.73% over 30 days. With these gigs, the year-to-date price performance is -4.68%. Short interest in Golar Lng (NASDAQ:GLNG) saw shorts transact 5.12 million shares and set a 2.33 days time to cover.
The extremes give us $44.5 and $56 for target low and target high price respectively. As such, GLNG has been trading -38.82% off suggested target high and -10.31% from its likely low.
Golar Lng (GLNG) estimates and forecasts
The rating firms project that company’s revenue will grow 61.99% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 64.82M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 98.83M.Earnings reports from the last fiscal year show that sales brought in 64.96M and 64.69M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.21% before jumping 52.77% in the following quarter.
GLNG Dividends
Golar Lng has its next earnings report out on 2025-Feb-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Golar Lng has a forward dividend ratio of 1.00, with the share yield ticking at 2.48% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.03%.
Golar Lng (NASDAQ:GLNG)’s Major holders
Golar Lng insiders hold 5.57% of total outstanding shares, with institutional holders owning 86.26% of the shares at 91.35% float percentage. In total, 86.26% institutions holds shares in the company, led by RUBRIC CAPITAL MANAGEMENT LP. As of 2024-06-30, the company held over 6.54 million shares (or 6.2837% of shares), all amounting to roughly $204.87 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 5.22 million shares, or about 5.0237% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $163.79 million.
We also have iShares Trust-iShares Russell 2000 ETF and Fidelity Salem Street Trust-Fidelity Small Cap Index Fund as the top two Mutual Funds with the largest holdings of the Golar Lng (GLNG) shares. Going by data provided on Mar 31, 2025 , iShares Trust-iShares Russell 2000 ETF holds roughly 2.6 shares. This is just over 2.48% of the total shares, with a market valuation of $105.75 million. Data from the same date shows that the other fund manager holds a little less at 980.87, or 0.94% of the shares, all valued at about 39.96 million.
