
Venture Global, Inc. (NYSE:VG – Free Report) – Stock analysts at US Capital Advisors raised their FY2027 earnings per share (EPS) estimates for Venture Global in a research note issued to investors on Monday, February 2nd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of ($0.04) per share for the year, up from their prior estimate of ($0.24). US Capital Advisors currently has a “Moderate Sell” rating on the stock. The consensus estimate for Venture Global’s current full-year earnings is $0.52 per share.
Venture Global (NYSE:VG – Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.06). Venture Global had a net margin of 21.99% and a return on equity of 29.55%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.23 billion. The business’s revenue was up 259.5% on a year-over-year basis.
View Our Latest Stock Report on VG
Venture Global Stock Up 6.7%
NYSE VG opened at $9.94 on Thursday. The stock has a 50 day moving average price of $7.63 and a 200-day moving average price of $10.26. Venture Global has a one year low of $5.72 and a one year high of $19.50. The company has a debt-to-equity ratio of 3.46, a quick ratio of 0.77 and a current ratio of 0.83. The company has a market capitalization of $24.33 billion and a P/E ratio of 12.74.
Venture Global Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a $0.017 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, December 15th. Venture Global’s dividend payout ratio is 8.97%.
Insider Activity
In other Venture Global news, VP Fory Musser sold 42,901 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $7.80, for a total transaction of $334,627.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas Earl sold 1,000,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $6.89, for a total value of $6,890,000.00. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,000,000 shares of company stock valued at $22,904,729. 86.73% of the stock is owned by insiders.
Institutional Trading of Venture Global
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Venture Global during the second quarter valued at $26,000. MAI Capital Management bought a new stake in Venture Global during the 3rd quarter valued at about $29,000. Delos Wealth Advisors LLC bought a new stake in Venture Global during the 2nd quarter valued at about $45,000. UMB Bank n.a. boosted its position in Venture Global by 161.2% in the 3rd 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. Finally, Blue Trust Inc. grew its stake in Venture Global by 1,750.0% in the 4th quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock worth $25,000 after acquiring an additional 3,500 shares in the last quarter.
Venture Global Company Profile
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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