Scotiabank Forecasts Venture Global FY2025 Earnings

Venture Global, Inc. (NYSE:VG) – Analysts at Scotiabank issued their FY2025 earnings estimates for Venture Global in a report issued on Wednesday, March 19th. Scotiabank analyst B. Bingham expects that the company will post earnings of $1.86 per share for the year. Scotiabank has a “Sector Perform” rating and a $15.00 price target 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) last announced its earnings results on Thursday, March 6th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The business had revenue of $1.52 billion for the quarter.

A number of other research firms also recently issued reports on VG. Wells Fargo & Company dropped their target price on shares of Venture Global from $18.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. 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. JPMorgan Chase & Co. cut their price objective on shares of Venture Global from $25.00 to $16.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th. Royal Bank of Canada initiated coverage on Venture Global in a research report on Tuesday, February 18th. They issued an “outperform” rating and a $20.00 target price for the company. Finally, Mizuho cut their price target on Venture Global from $25.00 to $18.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.55.

Venture Global Trading Down 1.1 %

Shares of VG opened at $11.44 on Monday. Venture Global has a 52-week low of $8.62 and a 52-week high of $25.50.

Venture Global Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Monday, March 10th.

Insider Buying and Selling at Venture Global

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

Venture Global Company Profile

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.