Analysts Set Expectations for Venture Global FY2025 Earnings

Venture Global, Inc. (NYSE:VG - Free Report) - Investment analysts at Scotiabank issued their FY2025 earnings per share (EPS) estimates for shares of Venture Global in a research note issued on Wednesday, March 19th. Scotiabank analyst B. Bingham anticipates that the company will post earnings of $1.86 per share for the year. 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 $0.52 per share. Scotiabank also issued estimates for Venture Global's FY2026 earnings at $1.38 EPS.

Venture Global (NYSE:VG - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $1.52 billion during the quarter.

A number of other brokerages have also commented on VG. Royal Bank of Canada began coverage on shares of Venture Global in a report on Tuesday, February 18th. They set an "outperform" rating and a $20.00 price objective on the stock. The Goldman Sachs Group set a $20.00 price target on Venture Global and gave the company a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. cut their price target on Venture Global from $25.00 to $16.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Sanford C. Bernstein initiated coverage on shares of Venture Global in a research note on Tuesday, February 4th. They set a "market perform" rating and a $20.00 price target for the company. Finally, StockNews.com cut shares of Venture Global from a "hold" rating to a "sell" rating in a research report on Saturday, March 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Venture Global presently has an average rating of "Moderate Buy" and a consensus target price of $17.55.

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Venture Global Stock Performance

VG stock traded down $0.60 during mid-day trading on Monday, hitting $10.64. 6,145,268 shares of the company were exchanged, compared to its average volume of 8,770,664. Venture Global has a 1-year low of $8.62 and a 1-year high of $25.50.

Insider Transactions at Venture Global

In related news, insider Robert B. Pender bought 269,500 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of $10.39 per share, for a total transaction of $2,800,105.00. Following the completion of the purchase, the insider now directly owns 719,885 shares in the company, valued at $7,479,605.15. The trade was a 59.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jimmy D. Staton bought 49,000 shares of the stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of $10.13 per share, for a total transaction of $496,370.00. Following the completion of the purchase, the director now owns 49,000 shares of the company's stock, valued at approximately $496,370. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 803,000 shares of company stock worth $8,108,260 over the last ninety days. 4.72% of the stock is owned by insiders.

Venture Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a dividend of $0.0165 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.62%.

About Venture Global

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.