Zacks Research Weighs in on EQT's Q3 Earnings (NYSE:EQT)

Key Points

• Zacks Research has revised EQT's Q3 2025 earnings estimate down to $0.58 per share from a previous forecast of $0.66, while the full-year consensus estimate stands at $3.27 per share.
• EQT reported Q2 earnings of $0.45 per share, missing the consensus estimate of $0.52, alongside revenues of $1.60 billion versus expectations of $1.78 billion.
• The stock is currently rated as "Moderate Buy" by analysts, with an average target price of $60.84, following upgrades from several brokerages, including Wells Fargo and Royal Bank of Canada.

EQT Corporation (NYSE:EQT - Free Report) - Investment analysts at Zacks Research lowered their Q3 2025 EPS estimates for EQT in a research note issued on Tuesday, August 5th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $0.58 for the quarter, down from their prior forecast of $0.66. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT's Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $3.16 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.34 EPS, FY2026 earnings at $4.70 EPS, Q1 2027 earnings at $1.37 EPS, Q2 2027 earnings at $0.85 EPS and FY2027 earnings at $4.03 EPS.

EQT (NYSE:EQT - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The oil and gas producer reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.07). EQT had a return on equity of 6.24% and a net margin of 15.87%. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same period in the prior year, the business earned ($0.08) EPS.

Several other research firms also recently weighed in on EQT. Scotiabank reaffirmed a "sector perform" rating and issued a $66.00 price target (up from $62.00) on shares of EQT in a research note on Friday, July 11th. Morgan Stanley reaffirmed an "overweight" rating on shares of EQT in a research note on Tuesday, July 15th. Stephens decreased their price target on shares of EQT from $59.00 to $57.00 and set an "overweight" rating for the company in a research note on Tuesday, April 15th. Royal Bank Of Canada lifted their price target on shares of EQT from $55.00 to $60.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 8th. Finally, Barclays lifted their price target on shares of EQT from $65.00 to $68.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $60.84.

EQT Trading Up 0.1%

NYSE EQT traded up $0.05 during mid-day trading on Friday, reaching $51.29. 4,540,206 shares of the stock were exchanged, compared to its average volume of 9,659,581. EQT has a one year low of $30.59 and a one year high of $61.02. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.71. The stock has a market cap of $32.01 billion, a P/E ratio of 27.72, a P/E/G ratio of 0.36 and a beta of 0.59. The stock has a 50 day simple moving average of $55.70 and a 200-day simple moving average of $53.13.

EQT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Wednesday, August 6th will be issued a dividend of $0.1575 per share. The ex-dividend date is Wednesday, August 6th. This represents a $0.63 annualized dividend and a yield of 1.2%. EQT's payout ratio is 34.05%.

Insider Activity

In related news, Director Vicky A. Bailey sold 4,259 shares of the business's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $51.56, for a total transaction of $219,594.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Sarah Fenton sold 12,438 shares of the business's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $51.94, for a total transaction of $646,029.72. Following the transaction, the executive vice president owned 13,297 shares in the company, valued at approximately $690,646.18. This trade represents a 48.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its holdings in EQT by 1,286.2% during the second quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer's stock worth $42,920,000 after purchasing an additional 682,844 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in EQT by 0.3% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 246,947 shares of the oil and gas producer's stock worth $14,402,000 after purchasing an additional 856 shares during the last quarter. Sound Shore Management Inc CT purchased a new position in EQT during the second quarter worth about $67,539,000. Wellington Shields Capital Management LLC boosted its holdings in EQT by 29.2% during the second quarter. Wellington Shields Capital Management LLC now owns 3,100 shares of the oil and gas producer's stock worth $181,000 after purchasing an additional 700 shares during the last quarter. Finally, Transcend Capital Advisors LLC bought a new stake in EQT in the second quarter worth about $246,000. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

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.