Media headlines about Golar LNG Limited (NASDAQ:GLNG) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Golar LNG Limited earned a news impact score of 0.14 on Accern’s scale. Accern also gave news headlines about the shipping company an impact score of 46.2514709768717 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Passive Investments Requiring Ownership Figures: Golar LNG Limited (NASDAQ:GLNG) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- 13G Filing: Luxor Capital Group and Golar LNG Ltd (GLNG) – Insider Monkey (blog) (insidermonkey.com)
- BRIEF-Golar LNG says Luxor Capital has 5.5 pct passive stake in co – SEC filing (reuters.com)
- Pre-Market Technical Recap on Shipping Stocks — Top Ships, Golar LNG, Seaspan, and Teekay Tankers – PR Newswire (press release) (prnewswire.com)
A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Golar LNG Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Citigroup Inc. reduced their price objective on shares of Golar LNG Limited from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, August 17th. Stifel Nicolaus restated a “buy” rating and issued a $36.00 price objective on shares of Golar LNG Limited in a research note on Monday, August 21st. ValuEngine cut shares of Golar LNG Limited from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Cowen and Company restated an “outperform” rating and issued a $45.00 price objective on shares of Golar LNG Limited in a research note on Friday, June 23rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $34.67.
Golar LNG Limited (NASDAQ:GLNG) opened at 22.01 on Wednesday. Golar LNG Limited has a 1-year low of $19.94 and a 1-year high of $29.18. The company’s 50-day moving average is $21.63 and its 200 day moving average is $23.62. The firm’s market capitalization is $2.16 billion.
Golar LNG Limited (NASDAQ:GLNG) last announced its quarterly earnings results on Wednesday, August 30th. The shipping company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.11). Golar LNG Limited had a negative net margin of 179.35% and a negative return on equity of 7.78%. The business had revenue of $28.41 million for the quarter, compared to analyst estimates of $17.03 million. On average, equities analysts expect that Golar LNG Limited will post ($1.94) EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Shareholders of record on Thursday, September 14th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.91%. The ex-dividend date was Wednesday, September 13th.
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About Golar LNG Limited
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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