FY2027 EPS Estimates for Venture Global Increased by Analyst

Venture Global, Inc. (NYSE:VG) – Equities researchers at Scotiabank lifted their FY2027 earnings estimates for Venture Global in a research note issued to investors on Thursday, May 14th. Scotiabank analyst B. Bingham now anticipates that the company will earn $1.09 per share for the year, up from their previous forecast of $0.81. Scotiabank currently has a “Sector Perform” rating and a $15.00 target price on the stock. The consensus estimate for Venture Global’s current full-year earnings is $1.38 per share.

Venture Global (NYSE:VG) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.07. The business had revenue of $4.60 billion for the quarter. Venture Global had a return on equity of 26.90% and a net margin of 16.94%.The company’s revenue for the quarter was up 58.9% compared to the same quarter last year.

A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings raised shares of Venture Global from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. UBS Group raised their price objective on shares of Venture Global from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Royal Bank Of Canada lifted their target price on shares of Venture Global from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. New Street Research set a $15.00 target price on shares of Venture Global in a research report on Tuesday, March 3rd. Finally, Zacks Research raised Venture Global from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Venture Global has an average rating of “Moderate Buy” and a consensus price target of $16.27.

Venture Global Stock Performance

Venture Global stock opened at $14.81 on Monday. The company has a market cap of $36.38 billion, a PE ratio of 16.45, a PEG ratio of 0.65 and a beta of 0.44. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 3.40. Venture Global has a 1 year low of $5.72 and a 1 year high of $19.50. The company’s 50-day moving average is $13.58 and its two-hundred day moving average is $10.10.

Venture Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $0.018 dividend. The ex-dividend date of this dividend was Monday, March 16th. This is a boost from Venture Global’s previous quarterly dividend of $0.02. This represents a $0.07 annualized dividend and a yield of 0.5%. Venture Global’s payout ratio is currently 7.78%.

Insider Activity

In other news, CAO Sarah Blake sold 200,000 shares of Venture Global stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $16.00, for a total transaction of $3,200,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Fory Musser sold 2,000,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $13.09, for a total transaction of $26,180,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,205,557 shares of company stock valued at $112,367,322. 84.24% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Venture Global

Several large investors have recently modified their holdings of VG. Bank of America Corp DE lifted its holdings in shares of Venture Global by 135.6% during the 1st quarter. Bank of America Corp DE now owns 4,174,444 shares of the company’s stock valued at $65,789,000 after purchasing an additional 2,402,771 shares in the last quarter. Anson Funds Management LP acquired a new position in shares of Venture Global in the 1st quarter valued at approximately $394,000. Arkadios Wealth Advisors increased its stake in Venture Global by 28.7% during the 1st quarter. Arkadios Wealth Advisors now owns 229,767 shares of the company’s stock worth $3,621,000 after purchasing an additional 51,225 shares in the last quarter. Royal Bank of Canada raised its holdings in Venture Global by 2.5% during the 1st quarter. Royal Bank of Canada now owns 78,310 shares of the company’s stock worth $1,235,000 after buying an additional 1,893 shares during the period. Finally, Rubric Capital Management LP acquired a new stake in Venture Global during the 1st quarter worth approximately $23,640,000.

Venture Global Company Profile

Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.

Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.