Zacks Research Issues Negative Estimate for AM Earnings

Key Points

• Zacks Research lowered Antero Midstream’s Q3 2026 EPS estimate to $0.27 from $0.28, with forecasts of $1.03 for FY2026, $1.16 for FY2027 and $1.24 for FY2028.
• Antero Midstream’s latest quarter showed revenue growth of 7.1% year over year to $327.24 million, while EPS of $0.27 matched consensus estimates.
• The company declared a quarterly dividend of $0.225 per share, or $0.90 annualized, representing a 4.4% yield; analysts maintain a consensus “Hold” rating with an average price target of $24.20.

Antero Midstream Corporation (NYSE:AM - Free Report) - Stock analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for shares of Antero Midstream in a report issued on Thursday, October 15th. Zacks Research analyst Team now expects that the pipeline company will earn $0.27 per share for the quarter, down from their previous forecast of $0.28. The consensus estimate for Antero Midstream's current full-year earnings is $1.09 per share. Zacks Research also issued estimates for Antero Midstream's FY2026 earnings at $1.03 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.28 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.16 EPS, Q1 2028 earnings at $0.29 EPS, Q2 2028 earnings at $0.32 EPS and FY2028 earnings at $1.24 EPS.

AM has been the subject of several other research reports. Capital One Financial raised shares of Antero Midstream from an "equal weight" rating to an "overweight" rating and set a $25.00 target price for the company in a report on Tuesday, September 22nd. Weiss Ratings lowered shares of Antero Midstream from a "buy (b+)" rating to a "buy (b)" rating in a report on Friday, October 2nd. The Goldman Sachs Group set a $24.00 price target on shares of Antero Midstream in a report on Tuesday, July 14th. UBS Group cut their price target on Antero Midstream from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Monday, September 21st. Finally, Wells Fargo & Company lifted their price objective on Antero Midstream from $23.00 to $24.00 and gave the company an "equal weight" rating in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $24.20.

Antero Midstream Stock Down 0.1%

AM stock opened at $20.62 on Monday. The company has a market capitalization of $9.79 billion, a P/E ratio of 24.54 and a beta of 0.72. Antero Midstream has a 12 month low of $16.96 and a 12 month high of $23.83. The firm's fifty day simple moving average is $21.64 and its 200-day simple moving average is $21.81. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.84 and a quick ratio of 0.84.

Antero Midstream (NYSE:AM - Get Free Report) last released its earnings results on Wednesday, July 29th. The pipeline company reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%. The firm had revenue of $327.24 million during the quarter, compared to the consensus estimate of $326.43 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company's revenue was up 7.1% compared to the same quarter last year.

Antero Midstream Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 11th. Stockholders of record on Wednesday, October 28th will be paid a dividend of $0.2250 per share. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.4%. Antero Midstream's dividend payout ratio (DPR) is presently 107.14%.

Insider Buying and Selling

In other news, Director Brooks Klimley sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $21.27, for a total transaction of $106,350.00. Following the sale, the director owned 68,204 shares of the company's stock, valued at $1,450,699.08. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sheri Pearce sold 16,000 shares of Antero Midstream stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $22.01, for a total transaction of $352,160.00. Following the transaction, the insider directly owned 83,900 shares of the company's stock, valued at approximately $1,846,639. This trade represents a 16.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by company insiders.

Institutional Trading of Antero Midstream

Hedge funds have recently added to or reduced their stakes in the company. Amundi lifted its position in shares of Antero Midstream by 70.8% in the second quarter. Amundi now owns 940,170 shares of the pipeline company's stock valued at $21,389,000 after acquiring an additional 389,859 shares in the last quarter. Squarepoint Ops LLC boosted its stake in shares of Antero Midstream by 285.7% in the second quarter. Squarepoint Ops LLC now owns 77,056 shares of the pipeline company's stock worth $1,753,000 after acquiring an additional 57,077 shares during the last quarter. Kayne Anderson Capital Advisors LP acquired a new stake in shares of Antero Midstream in the second quarter worth approximately $49,883,000. Cetera Investment Advisers increased its position in shares of Antero Midstream by 9.9% during the first quarter. Cetera Investment Advisers now owns 867,200 shares of the pipeline company's stock worth $19,772,000 after purchasing an additional 77,936 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new stake in shares of Antero Midstream during the second quarter worth approximately $3,763,000. 53.97% of the stock is owned by hedge funds and other institutional investors.

Antero Midstream News Summary

Here are the key news stories impacting Antero Midstream this week:

• Positive Sentiment: Brokerages have assigned Antero Midstream a consensus price target of $24.20, implying potential upside from the recent price near $20.62. The target reflects continued investor interest in the company’s fee-based midstream operations and cash-flow profile. Antero Midstream Consensus Price Target Article
• Positive Sentiment: A separate Zacks Research update reported an increased EPS estimate for AM, providing a modestly favorable signal for earnings expectations. However, the available report does not specify the revised estimate or period. AM Stock Gets Increased EPS Estimate Article
• Neutral Sentiment: Antero Midstream’s latest reported quarter showed solid operating performance: revenue increased 7.1% year over year to $327.2 million, while EPS of $0.27 matched consensus. The company has a 32.4% net margin and 20.2% return on equity, although leverage remains elevated with a debt-to-equity ratio of 1.83.
• Negative Sentiment: Zacks Research broadly reduced its earnings forecasts, including Q3 2026 EPS to $0.27 from $0.28, FY2026 EPS to $1.03 from $1.04, FY2027 EPS to $1.16 from $1.20, and FY2028 EPS to $1.24 from $1.26. Estimates for several individual 2027–2028 quarters were also cut, suggesting analysts see somewhat weaker earnings growth ahead.

About Antero Midstream

Antero Midstream Corporation NYSE: AM owns, operates and develops midstream energy infrastructure that supports natural gas, natural gas liquids and oil production in the Appalachian Basin. The company primarily serves Antero Resources Corporation, providing the gathering and processing services needed to move production from well sites into downstream markets.

Antero Midstream's operations include natural gas gathering, compression and processing, as well as water handling and related services.

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