Venture Global Stock Earnings Estimates Raised by Scotiabank

Venture Global, Inc. (NYSE:VG) – Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of Venture Global in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst B. Bingham now forecasts that the company will post earnings per share of $1.79 for the year, up from their previous forecast of $1.75. Scotiabank currently has a “Sector Perform” rating and a $16.00 target price on the stock. The consensus estimate for Venture Global’s current full-year earnings is $1.75 per share.

Venture Global (NYSE:VG) last released its quarterly earnings results on Monday, August 10th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. The business had revenue of $4.58 billion during the quarter. Venture Global had a return on equity of 34.08% and a net margin of 21.24%.

Several other brokerages also recently commented on VG. Weiss Ratings upgraded shares of Venture Global from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, September 28th. The Goldman Sachs Group reissued a “buy” rating on shares of Venture Global in a research note on Friday, October 9th. Wells Fargo & Company upgraded Venture Global from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $15.00 to $21.00 in a report on Tuesday. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $14.00 target price on shares of Venture Global in a research report on Friday, October 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Venture Global in a report on Wednesday, October 7th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $16.53.

Venture Global Stock Performance

Shares of VG opened at $12.79 on Friday. The company has a 50-day moving average of $13.82 and a two-hundred day moving average of $13.11. The stock has a market cap of $31.97 billion, a price-to-earnings ratio of 10.12 and a beta of 0.35. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.19 and a quick ratio of 1.11. Venture Global has a one year low of $5.72 and a one year high of $17.62.

Institutional Trading of Venture Global

Several large investors have recently made changes to their positions in the stock. Inspire Investing LLC raised its stake in shares of Venture Global by 20.8% in the 3rd quarter. Inspire Investing LLC now owns 146,030 shares of the company’s stock valued at $1,846,000 after acquiring an additional 25,180 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Venture Global by 11.3% in the third quarter. SBI Securities Co. Ltd. now owns 13,484 shares of the company’s stock worth $170,000 after buying an additional 1,371 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in Venture Global in the 3rd quarter valued at $28,000. Sowell Financial Services LLC raised its holdings in Venture Global by 59.2% in the 3rd quarter. Sowell Financial Services LLC now owns 16,014 shares of the company’s stock worth $202,000 after acquiring an additional 5,953 shares during the period. Finally, Pinnacle Associates Ltd. lifted its position in Venture Global by 1.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 355,649 shares of the company’s stock worth $4,495,000 after acquiring an additional 6,316 shares during the last quarter.

Insiders Place Their Bets

In other news, VP Fory Musser sold 259,413 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $14.26, for a total transaction of $3,699,229.38. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Sarah Blake sold 1,000,000 shares of Venture Global stock in a transaction on Friday, August 14th. The shares were sold at an average price of $14.02, for a total transaction of $14,020,000.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,493,553 shares of company stock worth $35,074,470 in the last quarter. Corporate insiders own 84.24% of the company’s stock.

Venture Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.04 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.16 annualized dividend and a dividend yield of 1.3%. This is a positive change from Venture Global’s previous quarterly dividend of $0.0180. Venture Global’s dividend payout ratio is presently 12.60%.

Venture Global Company Profile

Venture Global, Inc (NYSE:VG) is a U.S.-based liquefied natural gas (LNG) company that develops, constructs, owns and operates LNG export facilities. The company sources natural gas, processes it into LNG and exports the product to customers in international energy markets.

Venture Global’s operating and development portfolio is concentrated along the U.S. Gulf Coast, particularly in Louisiana. Its projects include the Calcasieu Pass LNG facility, the Plaquemines LNG facility and additional proposed developments such as CP2 LNG and Delta LNG.