Antero Midstream Co. (NYSE:AM - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for shares of Antero Midstream in a research report issued to clients and investors on Tuesday, April 16th. Zacks Research analyst R. Department now anticipates that the pipeline company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Antero Midstream's current full-year earnings is $0.96 per share. Zacks Research also issued estimates for Antero Midstream's Q2 2025 earnings at $0.25 EPS and Q1 2026 earnings at $0.31 EPS.
Antero Midstream (NYSE:AM - Get Free Report) last announced its quarterly earnings data on Thursday, February 15th. The pipeline company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.03. The business had revenue of $260.17 million during the quarter, compared to the consensus estimate of $261.04 million. Antero Midstream had a return on equity of 19.96% and a net margin of 35.69%. The business's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 earnings per share.
Several other research analysts have also recently issued reports on the company. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a research report on Saturday, March 30th. Tudor, Pickering, Holt & Co. cut Antero Midstream from a "buy" rating to a "hold" rating and raised their price target for the company from $12.00 to $13.00 in a research report on Tuesday, March 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Antero Midstream has an average rating of "Hold" and an average target price of $12.70.
Check Out Our Latest Research Report on Antero Midstream
Antero Midstream Stock Performance
Shares of NYSE AM traded up $0.06 during mid-day trading on Wednesday, hitting $13.65. 1,169,340 shares of the company were exchanged, compared to its average volume of 2,704,882. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.49. The stock has a 50 day simple moving average of $13.42 and a 200-day simple moving average of $12.83. Antero Midstream has a 1-year low of $9.69 and a 1-year high of $14.52. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 17.73 and a beta of 2.25.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AM. Norges Bank acquired a new position in Antero Midstream during the 4th quarter valued at approximately $54,704,000. BlackRock Inc. boosted its position in Antero Midstream by 9.1% during the 1st quarter. BlackRock Inc. now owns 32,917,158 shares of the pipeline company's stock worth $357,809,000 after acquiring an additional 2,743,230 shares during the period. First Trust Advisors LP boosted its position in Antero Midstream by 51.3% during the 1st quarter. First Trust Advisors LP now owns 5,221,579 shares of the pipeline company's stock worth $56,759,000 after acquiring an additional 1,769,545 shares during the period. Point72 Asset Management L.P. boosted its position in Antero Midstream by 329.9% during the 4th quarter. Point72 Asset Management L.P. now owns 1,812,771 shares of the pipeline company's stock worth $22,714,000 after acquiring an additional 1,391,100 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Antero Midstream by 102.3% during the 1st quarter. Renaissance Technologies LLC now owns 1,980,382 shares of the pipeline company's stock worth $21,527,000 after acquiring an additional 1,001,677 shares during the period. Institutional investors and hedge funds own 53.97% of the company's stock.
Insider Activity
In other news, insider Sheri Pearce sold 16,394 shares of the business's stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $13.67, for a total value of $224,105.98. Following the completion of the sale, the insider now directly owns 170,266 shares in the company, valued at approximately $2,327,536.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.52% of the company's stock.
Antero Midstream Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Wednesday, April 24th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.90 annualized dividend and a yield of 6.59%. Antero Midstream's dividend payout ratio is presently 116.88%.
About Antero Midstream
(
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Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.
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