Venture Global, Inc. (NYSE:VG – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the sixteen ratings firms that are presently covering the company, MarketBeat reports. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $16.13.
Several equities research analysts have commented on VG shares. Sanford C. Bernstein restated a “market perform” rating and set a $14.00 target price on shares of Venture Global in a research report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Venture Global in a research note on Wednesday, October 7th. Wells Fargo & Company increased their price target on shares of Venture Global from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Wednesday, August 12th. Zacks Research cut shares of Venture Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Finally, Mizuho boosted their price objective on shares of Venture Global from $13.00 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd.
Get Our Latest Report on Venture Global
Venture Global Stock Up 1.4%
Venture Global stock opened at $12.68 on Friday. 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 1-year low of $5.72 and a 1-year high of $17.62. The company has a market cap of $31.69 billion, a PE ratio of 9.98, a price-to-earnings-growth ratio of 1.52 and a beta of 0.35. The stock’s 50 day moving average price is $13.90 and its 200 day moving average price is $13.19.
Venture Global (NYSE:VG – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $4.58 billion for the quarter. Venture Global had a return on equity of 34.08% and a net margin of 21.24%. On average, sell-side analysts predict that Venture Global will post 1.75 EPS for the current fiscal year.
Venture Global Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.3%. This is a boost from Venture Global’s previous quarterly dividend of $0.0180. The ex-dividend date of this dividend was Tuesday, September 15th. Venture Global’s dividend payout ratio is 12.60%.
Venture Global News Summary
Here are the key news stories impacting Venture Global this week:
- Positive Sentiment: Power deals broaden growth prospects: Venture Global announced agreements with GE Vernova and Baker Hughes to support gas-fired power generation. The company intends to use this infrastructure for LNG expansion and potentially to supply electricity to AI-focused data centers, creating exposure to rising demand for reliable power. Reuters article
- Positive Sentiment: AI power strategy attracts investor interest: Reports said Venture Global is pursuing on-site power plants for data centers, positioning its natural-gas assets to benefit from the AI-driven electricity demand boom. The strategy helped support the stock as investors considered possible new revenue streams. Wall Street Journal article
- Positive Sentiment: Analyst sees moderate upside: Sanford C. Bernstein reaffirmed its “market perform” rating while setting a $14.00 price target, implying approximately 10.4% upside from the referenced price. The target is supportive, though the unchanged rating signals limited conviction for significant outperformance.
- Neutral Sentiment: Insider activity reported: A top executive made a significant transaction involving Venture Global stock on October 15. The available report does not specify whether the transaction was a purchase or sale, limiting its immediate interpretive value. TipRanks insider trading article
- Negative Sentiment: Contract economics remain a risk: One analysis argued that Venture Global may need higher LNG fees than its existing contracts provide, raising concerns about margins, cash flow and the profitability of its long-term agreements. Seeking Alpha article
Insider Buying and Selling
In other news, VP Fory Musser sold 447,534 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $14.02, for a total transaction of $6,274,426.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Sarah Blake sold 1,000,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $14.02, for a total value of $14,020,000.00. The SEC filing for this sale provides additional information. Insiders sold a total of 2,493,553 shares of company stock valued at $35,242,247 in the last 90 days. 84.24% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Venture Global
Hedge funds have recently bought and sold shares of the company. LRI Investments LLC purchased a new stake in Venture Global during the second quarter worth $28,000. Rockefeller Capital Management L.P. grew its holdings in Venture Global by 218.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock valued at $30,000 after purchasing an additional 3,031 shares during the last quarter. IFP Advisors Inc purchased a new position in shares of Venture Global in the second quarter valued at $31,000. AdvisorNet Financial Inc increased its position in shares of Venture Global by 67.5% in the first quarter. AdvisorNet Financial Inc now owns 4,480 shares of the company’s stock valued at $71,000 after buying an additional 1,805 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Venture Global by 17,041.2% in the first quarter. Fifth Third Bancorp now owns 5,828 shares of the company’s stock valued at $92,000 after buying an additional 5,794 shares in the last quarter.
About Venture Global
Venture Global, Inc (NYSE:VG) is a U.S. liquefied natural gas (LNG) company that develops, constructs, owns and operates LNG export facilities. The company’s business includes sourcing natural gas, processing and liquefying it, and delivering LNG to customers in international energy markets.
Venture Global’s principal operations are located along the U.S. Gulf Coast in Louisiana. Its Calcasieu Pass LNG facility began producing LNG in 2022, and the company is also developing the Plaquemines LNG facility near Port Sulphur, Louisiana.
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