Headlines about Golar LNG (NASDAQ:GLNG) have trended positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golar LNG earned a news impact score of 0.25 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 47.066501804592 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern’s rankings:
- Active Mover – Golar LNG Limited (NASDAQ: GLNG) – Stocks Pen (stockspen.com)
- This Morning’s Technical Outlook on Shipping Stocks — Gener8 Maritime, Globus Maritime, Navios Maritime Partners … – PR Newswire (press release) (prnewswire.com)
- Investors Recap on Golar LNG Limited (GLNG) – Wall Street Morning (wallstreetmorning.com)
- Golar LNG (GLNG) Reports Organizational Changes – StreetInsider.com (streetinsider.com)
- Golar LNG Limited & Golar LNG Partners L.P. announce organizational changes (markets.financialcontent.com)
Several analysts have issued reports on the company. BidaskClub lowered Golar LNG from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. Zacks Investment Research upgraded Golar LNG from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Morgan Stanley lifted their price target on Golar LNG from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Monday, February 12th. Jefferies Group began coverage on Golar LNG in a research report on Monday, December 18th. They issued a “buy” rating and a $39.00 price target for the company. Finally, Cowen lifted their price target on Golar LNG to $49.00 and gave the company an “outperform” rating in a research report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $37.20.
GLNG stock opened at $27.35 on Wednesday. The firm has a market capitalization of $2,888.43, a price-to-earnings ratio of -15.45, a PEG ratio of 22.22 and a beta of 0.74. Golar LNG has a 52-week low of $19.32 and a 52-week high of $31.64. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.29 and a quick ratio of 0.41.
Golar LNG (NASDAQ:GLNG) last announced its quarterly 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 company had revenue of $57.59 million during the quarter, compared to analysts’ expectations of $43.87 million. Golar LNG had a negative return on equity of 8.11% and a negative net margin of 125.20%. analysts anticipate that Golar LNG will post 0.13 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Wednesday, March 14th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Tuesday, March 13th. Golar LNG’s dividend payout ratio (DPR) is presently -11.30%.
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).
Receive News & Ratings for Golar LNG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golar LNG and related companies with MarketBeat.com's FREE daily email newsletter.