Equities Analysts Set Expectations for EQT Q2 Earnings

Key Points

• Zacks Research cut its Q2 2026 EPS estimate for EQT to $0.57 (from $0.62) and retains a "Hold" rating, while the consensus full-year EPS estimate sits at $4.58.
• EQT recently beat Q1 expectations with $2.33 EPS vs. $2.01 and $3.14B in revenue, and analyst sentiment remains broadly positive — MarketBeat shows a "Moderate Buy" consensus and a $69.08 average price target with several firms raising targets.
• The company announced a quarterly dividend of $0.165 (annualized $0.66, ~1.1% yield; ex-dividend May 6), while insiders have sold roughly 65,274 shares (~$4.0M) in the past 90 days.

EQT Corporation (NYSE:EQT - Free Report) - Stock analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for EQT in a report issued on Tuesday, May 5th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings of $0.57 per share for the quarter, down from their prior estimate of $0.62. Zacks Research has a "Hold" rating on the stock. The consensus estimate for EQT's current full-year earnings is $4.58 per share. Zacks Research also issued estimates for EQT's Q4 2026 earnings at $0.84 EPS, Q1 2027 earnings at $1.22 EPS, FY2027 earnings at $4.10 EPS and FY2028 earnings at $5.59 EPS.

EQT (NYSE:EQT - Get Free Report) last released its earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.32. EQT had a return on equity of 9.74% and a net margin of 31.94%.The firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.14 billion. During the same quarter in the prior year, the company earned $1.18 EPS.

Other equities research analysts also recently issued reports about the stock. TD Cowen raised their target price on shares of EQT from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, February 20th. JPMorgan Chase & Co. boosted their price target on EQT from $68.00 to $72.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 17th. Jefferies Financial Group restated a "buy" rating on shares of EQT in a research note on Sunday, April 26th. Wells Fargo & Company raised their price objective on EQT from $70.00 to $79.00 and gave the company an "overweight" rating in a research report on Thursday, April 23rd. Finally, Scotiabank reduced their target price on EQT from $67.00 to $63.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $69.08.

EQT Stock Down 0.6%

NYSE:EQT opened at $58.71 on Wednesday. The firm has a market capitalization of $36.72 billion, a price-to-earnings ratio of 11.14, a price-to-earnings-growth ratio of 1.03 and a beta of 0.59. EQT has a twelve month low of $48.47 and a twelve month high of $68.24. The stock's 50 day moving average price is $61.19 and its two-hundred day moving average price is $57.68. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.19.

Institutional Trading of EQT

Hedge funds have recently modified their holdings of the stock. Greykasell Wealth Strategies Inc. bought a new position in EQT in the fourth quarter worth approximately $26,000. Aventura Private Wealth LLC bought a new stake in shares of EQT during the fourth quarter valued at approximately $31,000. Fortitude Family Office LLC raised its position in shares of EQT by 95.6% during the fourth quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer's stock worth $31,000 after purchasing an additional 280 shares during the period. Elyxium Wealth LLC acquired a new position in shares of EQT during the fourth quarter worth approximately $49,000. Finally, Root Financial Partners LLC lifted its holdings in shares of EQT by 35.4% in the 1st quarter. Root Financial Partners LLC now owns 773 shares of the oil and gas producer's stock worth $49,000 after purchasing an additional 202 shares in the last quarter. Institutional investors own 90.81% of the company's stock.

Insider Activity

In other news, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction on Monday, April 27th. The stock was sold at an average price of $59.80, for a total value of $246,136.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of the firm's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $64.49, for a total transaction of $314,453.24. Following the completion of the sale, the executive vice president owned 52,953 shares in the company, valued at $3,414,938.97. This represents a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 65,274 shares of company stock valued at $3,989,120. 0.72% of the stock is owned by insiders.

EQT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 6th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, May 6th. EQT's dividend payout ratio (DPR) is 12.52%.

EQT Company Profile

EQT Corporation NYSE: EQT is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT's primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.

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