Scotiabank Estimates Venture Global FY2025 Earnings

Venture Global, Inc. (NYSE:VG) – Equities research analysts at Scotiabank issued their FY2025 earnings per share estimates for shares of Venture Global in a research note issued on Wednesday, March 19th. Scotiabank analyst B. Bingham forecasts that the company will post earnings per share of $1.86 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.

VG has been the subject of several other reports. StockNews.com lowered Venture Global from a “hold” rating to a “sell” rating in a research note on Saturday, March 15th. Guggenheim lowered their price target on shares of Venture Global from $27.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, March 10th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Venture Global in a research report on Tuesday, February 18th. They set a “buy” rating and a $19.00 price objective for the company. Mizuho decreased their target price on shares of Venture Global from $25.00 to $18.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Finally, Bank of America assumed coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued a “buy” rating and a $23.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.55.

Venture Global Price Performance

Shares of NYSE:VG opened at $11.61 on Monday. Venture Global has a 1 year low of $8.62 and a 1 year high of $25.50.

Venture Global (NYSE:VG) last issued its quarterly earnings data 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 during the quarter.

Insider Transactions at Venture Global

In other Venture Global news, insider Robert B. Pender bought 250,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average cost of $9.37 per share, with a total value of $2,342,500.00. Following the purchase, the insider now directly owns 250,000 shares in the company, valued at approximately $2,342,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael Sabel bought 234,500 shares of Venture Global stock in a transaction on Friday, March 14th. The shares were acquired at an average price of $10.53 per share, for a total transaction of $2,469,285.00. Following the completion of the acquisition, the insider now owns 1,185,885 shares in the company, valued at $12,487,369.05. This represents a 24.65 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 803,000 shares of company stock worth $8,108,260 over the last ninety days. Company insiders own 4.72% of the company’s stock.

Venture Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be paid a dividend of $0.0165 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.57%. 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.