News articles about Golar LNG (NASDAQ:GLNG) have trended positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Golar LNG earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave news coverage about the shipping company an impact score of 47.1175816177447 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
NASDAQ:GLNG traded down $0.72 during mid-day trading on Friday, hitting $28.05. The stock had a trading volume of 1,018,474 shares, compared to its average volume of 876,312. The stock has a market cap of $2,908.65, a price-to-earnings ratio of -19.08, a price-to-earnings-growth ratio of 25.49 and a beta of 0.74. Golar LNG has a twelve month low of $19.32 and a twelve month high of $31.64. The company has a quick ratio of 0.41, a current ratio of 0.29 and a debt-to-equity ratio of 0.57.
Golar LNG (NASDAQ:GLNG) last issued its earnings results on Wednesday, February 28th. The shipping company reported ($0.11) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.28) by $0.17. The firm had revenue of $57.59 million for the quarter, compared to analysts’ expectations of $43.87 million. Golar LNG had a negative net margin of 125.20% and a negative return on equity of 8.11%. equities analysts anticipate that Golar LNG will post 0.11 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 4th. Shareholders of record on Wednesday, March 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, March 13th. This represents a $0.20 annualized dividend and a yield of 0.71%. Golar LNG’s dividend payout ratio is currently -13.61%.
Several analysts have recently issued reports on GLNG shares. Cowen increased their price target on shares of Golar LNG from $41.00 to $44.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 12th. BidaskClub raised shares of Golar LNG from a “buy” rating to a “strong-buy” rating in a report on Friday, December 15th. Jefferies Group started coverage on shares of Golar LNG in a report on Monday, December 18th. They issued a “buy” rating and a $39.00 target price on the stock. Zacks Investment Research cut shares of Golar LNG from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Finally, Morgan Stanley raised their target price on shares of Golar LNG from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Monday, February 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $37.20.
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Golar LNG Company Profile
Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs).
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