Scotiabank Predicts Venture Global FY2025 Earnings

Venture Global, Inc. (NYSE:VG) – Stock analysts at Scotiabank issued their FY2025 earnings per share estimates for Venture Global in a report issued on Wednesday, March 19th. Scotiabank analyst B. Bingham expects that the company will earn $1.86 per share for the year. Scotiabank has a “Sector Perform” rating and a $15.00 price objective 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.

A number of other brokerages have also recently commented on VG. The Goldman Sachs Group set a $20.00 price target on shares of Venture Global and gave the company a “buy” rating in a research note on Friday, March 7th. StockNews.com lowered Venture Global from a “hold” rating to a “sell” rating in a report on Saturday, March 15th. JPMorgan Chase & Co. reduced their price target on Venture Global from $25.00 to $16.00 and set an “overweight” rating for the company in a research report on Friday, March 7th. Deutsche Bank Aktiengesellschaft began coverage on Venture Global in a report on Tuesday, February 18th. They set a “buy” rating and a $19.00 price objective on the stock. Finally, Wells Fargo & Company reduced their target price on Venture Global from $18.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.55.

Venture Global Price Performance

Shares of NYSE:VG opened at $11.44 on Monday. Venture Global has a twelve month low of $8.62 and a twelve month high of $25.50.

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

Insider Buying and Selling

In other news, insider Robert B. Pender purchased 269,500 shares of the stock in a transaction on Wednesday, March 12th. The shares were acquired at an average price of $10.39 per share, for a total transaction of $2,800,105.00. Following the completion of the transaction, the insider now directly owns 719,885 shares of the company’s stock, valued at approximately $7,479,605.15. This trade represents a 59.84 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Jimmy D. Staton acquired 49,000 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of $10.13 per share, with a total value of $496,370.00. Following the completion of the acquisition, the director now directly owns 49,000 shares in the company, valued at approximately $496,370. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 803,000 shares of company stock worth $8,108,260. Insiders own 4.72% of the company’s stock.

Venture Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a $0.0165 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Monday, March 10th.

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.