Brokerages Set Golar LNG Limited (NASDAQ:GLNG) Target Price at $58.70

Posted by George Bondi on Aug 9th, 2026

Shares of Golar LNG Limited (NASDAQ:GLNG – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $58.70.

A number of analysts recently commented on the company. Pareto Securities lowered Golar LNG from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Weiss Ratings raised Golar LNG from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. BTIG Research restated a “buy” rating and set a $67.00 price objective on shares of Golar LNG in a report on Wednesday, May 20th. The Goldman Sachs Group set a $66.00 target price on Golar LNG and gave the stock a “conviction-buy” rating in a research report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $65.00 price target on shares of Golar LNG in a research report on Thursday, May 21st.

Get Our Latest Stock Report on Golar LNG

Golar LNG Stock Down 1.2%

Shares of NASDAQ GLNG opened at $50.43 on Friday. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 1.14. The firm has a market cap of $5.11 billion, a PE ratio of 36.54 and a beta of 0.05. The company’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $49.41. Golar LNG has a 12-month low of $35.02 and a 12-month high of $57.79.

Golar LNG (NASDAQ:GLNG – Get Free Report) last announced its quarterly earnings data on Thursday, March 26th. The shipping company reported $0.82 earnings per share for the quarter. The firm had revenue of $137.55 million for the quarter. Golar LNG had a net margin of 30.10% and a return on equity of 6.86%. As a group, sell-side analysts forecast that Golar LNG will post 0.72 earnings per share for the current fiscal year.

Golar LNG Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, June 1st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, June 1st. Golar LNG’s dividend payout ratio (DPR) is currently 72.46%.

Institutional Investors Weigh In On Golar LNG

Several hedge funds and other institutional investors have recently made changes to their positions in GLNG. Amundi lifted its position in Golar LNG by 29.6% in the 1st quarter. Amundi now owns 19,586 shares of the shipping company’s stock valued at $744,000 after acquiring an additional 4,468 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Golar LNG by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 58,915 shares of the shipping company’s stock valued at $2,238,000 after purchasing an additional 2,572 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Golar LNG by 2.8% during the second quarter. Legal & General Group Plc now owns 17,100 shares of the shipping company’s stock valued at $704,000 after buying an additional 459 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Golar LNG by 68.4% during the second quarter. Prudential Financial Inc. now owns 11,689 shares of the shipping company’s stock valued at $481,000 after buying an additional 4,746 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Golar LNG by 94.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,356 shares of the shipping company’s stock worth $56,000 after buying an additional 657 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

About Golar LNG

(Get Free Report)

Golar LNG Ltd. is a leading owner and operator of liquefied natural gas (LNG) carriers and floating infrastructure. The company specializes in the transportation of LNG on long-term and spot charters for major energy firms around the world. In addition to shipping, Golar LNG has broadened its services to include project development and the conversion of existing carriers into Floating Liquefied Natural Gas (FLNG) and Floating Storage and Regasification Unit (FSRU) vessels.

Since pioneering the first purpose-built FLNG conversion project, Golar LNG has been at the forefront of offshore gas monetization.