Citigroup Issues Positive Forecast for Venture Global (NYSE:VG) Stock Price

Venture Global (NYSE:VG) had its price target increased by Citigroup from $9.00 to $12.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a neutral rating on the stock.

VG has been the subject of a number of other research reports. US Capital Advisors raised Venture Global to a “moderate sell” rating in a research report on Monday, December 15th. Scotiabank set a $9.00 target price on Venture Global in a report on Friday, January 16th. Capital One Financial began coverage on Venture Global in a research note on Tuesday, November 4th. They issued an “equal weight” rating and a $11.00 price target for the company. UBS Group reduced their price objective on shares of Venture Global from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. lowered shares of Venture Global from an “overweight” rating to a “neutral” rating and upped their price objective for the stock from $10.00 to $11.00 in a report on Tuesday, January 27th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.09.

Venture Global Trading Down 2.7%

Shares of VG opened at $11.15 on Wednesday. The stock has a market capitalization of $27.30 billion, a P/E ratio of 12.97 and a beta of 5.70. Venture Global has a twelve month low of $5.72 and a twelve month high of $19.50. The company has a quick ratio of 0.77, a current ratio of 0.93 and a debt-to-equity ratio of 3.24. The firm has a fifty day simple moving average of $8.84 and a two-hundred day simple moving average of $9.68.

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

Venture Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.018 dividend. 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. The ex-dividend date is Monday, March 16th. Venture Global’s dividend payout ratio is currently 8.97%.

Insider Buying and Selling at Venture Global

In related news, VP Fory Musser sold 1,000,000 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $10.90, for a total value of $10,900,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas Earl sold 1,000,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $6.89, for a total transaction of $6,890,000.00. The disclosure for this sale is available in the SEC filing. Company insiders own 86.73% of the company’s stock.

Institutional Trading of Venture Global

A number of hedge funds have recently made changes to their positions in VG. Quotient Wealth Partners LLC bought a new stake in Venture Global in the third quarter worth $3,641,000. Russell Investments Group Ltd. raised its position in shares of Venture Global by 61.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 616,643 shares of the company’s stock worth $9,607,000 after purchasing an additional 233,978 shares during the last quarter. Ausbil Investment Management Ltd bought a new position in Venture Global in the 3rd quarter worth about $4,706,000. Exchange Traded Concepts LLC grew its position in Venture Global by 223.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 562,760 shares of the company’s stock valued at $7,986,000 after purchasing an additional 388,892 shares during the last quarter. Finally, CenterBook Partners LP bought a new stake in Venture Global during the 3rd quarter valued at about $2,837,000.

Key Headlines Impacting Venture Global

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

• Positive Sentiment: Q4 earnings beat and operational strength — VG reported stronger-than-expected Q4 EPS (beats) driven by higher LNG sales volumes and solid margins, which prompted gap-up trading and bullish commentary. Venture Global Q4 Earnings Top Estimates
• Positive Sentiment: Legal win upheld — a New York court refused to overturn an arbitration ruling that favored Venture Global in its dispute with Shell, removing a key legal overhang. NY court rejects Shell bid
• Positive Sentiment: Analyst support and rating actions — Bank of America reiterated a Buy based on a strong project pipeline and margin upside; Citigroup raised its price target from $9 to $12 (neutral rating but higher PT increases upside perception). BofA reaffirms Buy Citigroup raises PT to $12
• Positive Sentiment: Dividend increase — VG announced a slightly higher quarterly dividend (small yield), signaling confidence in cash flow and offering a modest income cue to investors. (Ex-dividend March 16.)
• Neutral Sentiment: Market commentary and re-assessment pieces — several analyst/press pieces weigh VG’s recent run and longer-term LNG growth vs near-term volatility; these contribute mixed investor tone rather than a clear directional shove. Is It Time To Reassess Venture Global? Analysts Have Conflicting Sentiments
• Negative Sentiment: Large insider sale — VP Fory Musser sold 1,000,000 shares at about $10.90 (SEC filing). That size of insider selling can pressure sentiment and increase supply. SEC Filing: Insider Sale
• Negative Sentiment: Heavy put-option activity — unusually large volume of purchased put options (67,294 contracts) suggests some traders are hedging or betting on near-term downside, adding short-term bearish pressure.

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.