Scotiabank Boosts Earnings Estimates for Venture Global

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

Venture Global (NYSE:VG) last issued 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. Venture Global had a net margin of 21.24% and a return on equity of 34.08%. The firm had revenue of $4.58 billion during the quarter.

Several other equities analysts have also issued reports on the company. Sanford C. Bernstein restated a “market perform” rating and set a $14.00 price target on shares of Venture Global in a research note on Friday, October 16th. Zacks Research lowered Venture Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Venture Global in a research report on Friday, October 9th. Weiss Ratings upgraded shares of Venture Global from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, September 28th. Finally, Wells Fargo & Company raised shares of Venture Global from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $15.00 to $21.00 in a report on Tuesday. 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 company has a consensus rating of “Moderate Buy” and an average price target of $16.53.

Venture Global Stock Down 0.5%

Shares of VG opened at $12.79 on Friday. The company has a 50-day simple moving average of $13.82 and a 200-day simple moving average of $13.11. The firm has a market capitalization of $31.97 billion, a P/E ratio of 10.12 and a beta of 0.35. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.11 and a current ratio of 1.19. Venture Global has a 52 week low of $5.72 and a 52 week high of $17.62.

Venture Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.04 per share. This is an increase from Venture Global’s previous quarterly dividend of $0.0180. This represents a $0.16 annualized dividend and a yield of 1.3%. The ex-dividend date was Tuesday, September 15th. Venture Global’s dividend payout ratio is currently 12.60%.

Insider Activity at Venture Global

In other news, CFO Jonathan Thayer sold 111,111 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $13.86, for a total value of $1,539,998.46. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Sari Granat sold 200,000 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $13.49, for a total transaction of $2,698,000.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,493,553 shares of company stock valued at $35,074,470. Insiders own 84.24% of the company’s stock.

Institutional Trading of Venture Global

Several hedge funds have recently modified their holdings of VG. Ancora Advisors LLC boosted its holdings in shares of Venture Global by 3.8% in the 2nd quarter. Ancora Advisors LLC now owns 27,000 shares of the company’s stock worth $301,000 after acquiring an additional 1,000 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Venture Global by 8.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 12,429 shares of the company’s stock valued at $196,000 after purchasing an additional 1,004 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in Venture Global by 11.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 13,484 shares of the company’s stock valued at $170,000 after purchasing an additional 1,371 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in Venture Global by 7.0% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 22,054 shares of the company’s stock valued at $279,000 after purchasing an additional 1,442 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in Venture Global by 10.1% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 17,587 shares of the company’s stock valued at $222,000 after purchasing an additional 1,618 shares during the last quarter.

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.