Zacks Research Analysts Increase Earnings Estimates for EQT

EQT Co. (NYSE:EQT) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of EQT in a report released on Tuesday, April 22nd. Zacks Research analyst R. Department now expects that the oil and gas producer will earn $0.88 per share for the quarter, up from their prior estimate of $0.85. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s FY2025 earnings at $2.81 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $0.79 EPS, Q1 2027 earnings at $1.15 EPS and FY2027 earnings at $4.93 EPS.

Several other research analysts have also recently commented on EQT. UBS Group reduced their target price on shares of EQT from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Scotiabank downgraded shares of EQT from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $55.00 to $54.00 in a research note on Friday, January 17th. Mizuho lifted their target price on EQT from $57.00 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday, April 1st. JPMorgan Chase & Co. increased their price target on EQT from $58.00 to $60.00 and gave the company an “overweight” rating in a research report on Thursday, March 13th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $49.00 price target on shares of EQT in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $55.50.

EQT Stock Up 0.4 %

Shares of EQT stock opened at $48.76 on Wednesday. EQT has a 52-week low of $30.02 and a 52-week high of $56.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.51 and a current ratio of 0.70. The business’s 50 day simple moving average is $50.47 and its 200 day simple moving average is $46.84. The firm has a market cap of $29.13 billion, a PE ratio of 121.90, a P/E/G ratio of 0.64 and a beta of 1.35.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, April 22nd. The oil and gas producer reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.20. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.16 billion. EQT had a net margin of 4.37% and a return on equity of 4.35%.

Institutional Investors Weigh In On EQT

A number of large investors have recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. acquired a new position in EQT during the first quarter valued at approximately $255,000. Sequoia Financial Advisors LLC lifted its position in shares of EQT by 16.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 6,472 shares of the oil and gas producer’s stock worth $346,000 after buying an additional 932 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of EQT during the 1st quarter worth $296,000. Bessemer Group Inc. boosted its stake in EQT by 4.0% in the first quarter. Bessemer Group Inc. now owns 19,795 shares of the oil and gas producer’s stock valued at $1,058,000 after buying an additional 767 shares in the last quarter. Finally, Riverbend Wealth Management LLC bought a new position in EQT in the first quarter valued at about $250,000. 90.81% of the stock is currently owned by institutional investors and hedge funds.

EQT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 7th will be paid a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Wednesday, May 7th. EQT’s dividend payout ratio (DPR) is presently 157.50%.

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.