Venture Global (NYSE:VG) Price Target Raised to $14.00 at Royal Bank Of Canada

Venture Global (NYSE:VGFree Report) had its price target boosted by Royal Bank Of Canada from $11.00 to $14.00 in a research note issued to investors on Friday morning, Marketbeat reports. The firm currently has an outperform rating on the stock.

Several other analysts also recently commented on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Venture Global in a research report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of Venture Global in a report on Tuesday, March 3rd. Zacks Research raised shares of Venture Global from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. cut Venture Global from an “overweight” rating to a “neutral” rating and boosted their price target for the stock from $10.00 to $11.00 in a research report on Tuesday, January 27th. Finally, Scotiabank set a $9.00 price target on Venture Global in a research note on Friday, January 16th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.10.

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Venture Global Trading Up 2.4%

Shares of NYSE:VG opened at $13.07 on Friday. The firm has a fifty day moving average of $9.58 and a two-hundred day moving average of $9.68. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 3.24. Venture Global has a 12-month low of $5.72 and a 12-month high of $19.50. The firm has a market capitalization of $32.00 billion, a P/E ratio of 15.20 and a beta of 5.70.

Venture Global (NYSE:VGGet Free Report) last posted its quarterly earnings results on Monday, March 2nd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a net margin of 18.38% and a return on equity of 27.96%. The business had revenue of $4.45 billion for the quarter. The firm’s revenue was up 191.7% compared to the same quarter last year. On average, equities analysts expect that Venture Global will post 0.52 EPS for the current fiscal year.

Venture Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.018 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.07 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. Venture Global’s dividend payout ratio (DPR) is presently 8.14%.

Insider Buying and Selling at Venture Global

In other news, insider Thomas Earl sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $11.83, for a total value of $11,830,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Sarah Blake sold 119,300 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $13.01, for a total value of $1,552,093.00. The SEC filing for this sale provides additional information. Insiders sold 2,450,000 shares of company stock worth $28,236,193 over the last ninety days. Company insiders own 86.73% of the company’s stock.

Institutional Investors Weigh In On Venture Global

Hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Trust Inc. raised its stake in Venture Global by 1,750.0% during the 4th quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock valued at $25,000 after purchasing an additional 3,500 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Venture Global during the 2nd quarter worth about $26,000. MAI Capital Management acquired a new position in shares of Venture Global during the third quarter valued at about $29,000. Harbour Investments Inc. acquired a new position in shares of Venture Global during the fourth quarter valued at about $29,000. Finally, UMB Bank n.a. lifted its stake in shares of Venture Global by 161.2% in the third quarter. UMB Bank n.a. now owns 2,949 shares of the company’s stock valued at $42,000 after buying an additional 1,820 shares during the period.

Key Venture Global News

Here are the key news stories impacting Venture Global this week:

  • Positive Sentiment: Venture Global’s CP2 subsidiary closed an amended and upsized project financing, improving funding certainty for the CP2 liquefaction project and lowering construction/contracting risk — a major de‑risking step for future cash flows. Venture Global Secures Landmark CP2 LNG Project Financing
  • Positive Sentiment: The company has taken final investment decision (FID) and announced it will proceed with the second phase of its CP2/Louisiana LNG export project (roughly $8.6B of capital). FID + phase‑2 commitment materially increases future revenue runway and long‑term asset base. Venture Global to proceed with second phase of CP2 LNG project
  • Positive Sentiment: RBC Capital raised its price target to $14 and upgraded to “Outperform,” signaling buy‑side support and giving the stock fresh analyst momentum. (Analyst upgrades can drive near‑term flows and sentiment.) PT Raised to $14 at RBC Capital
  • Positive Sentiment: Venture Global reiterated contractual start dates for Plaquemines Phase 1 LNG cargo deliveries (beginning Oct. 31), which supports near‑term contracted revenue and helps lock in cash flows despite volatile spot gas markets. VG Commits to Timely LNG Deliveries From Plaquemines Phase 1
  • Neutral Sentiment: MarketBeat coverage summarized recent analyst activity (mixed ratings and a consensus target ~ $13.10) and noted a small quarterly dividend disclosure with ex‑dividend/record dates — useful context but not a game changer relative to the project financing/FID news. MarketBeat VG Coverage
  • Negative Sentiment: Insider selling: CAO Sarah Blake sold sizable blocks (119,300 shares at ~$13.01 on March 12; prior sales in March totaled several hundred thousand shares). Large insider disposals can weigh on sentiment even when they may be routine or for non‑company reasons. Insider Selling: CAO Sells Stock

Venture Global Company Profile

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Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.

Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.

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