Zacks Research Predicts Weaker Earnings for Antero Midstream

Key Points

• Equities researchers at Zacks Research have decreased their FY2025 earnings estimates for Antero Midstream to $0.98 per share, down from a previous expectation of $0.99. The consensus estimate for the company's current full-year earnings is $0.95 per share.
• Morgan Stanley and Goldman Sachs have both raised their price targets for Antero Midstream, with the former setting a new target of $19.00 and the latter at $17.50, while maintaining "underweight" and "neutral" ratings respectively.
• Antero Midstream recently reported $0.26 earnings per share for the last quarter, exceeding analyst expectations, and announced a quarterly dividend of $0.225, reflecting an annualized yield of 4.8%.

Antero Midstream Corporation (NYSE:AM - Free Report) - Equities researchers at Zacks Research decreased their FY2025 earnings per share estimates for shares of Antero Midstream in a report released on Thursday, September 18th. Zacks Research analyst Team now expects that the pipeline company will earn $0.98 per share for the year, down from their previous forecast of $0.99. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Antero Midstream's current full-year earnings is $0.95 per share. Zacks Research also issued estimates for Antero Midstream's Q1 2026 earnings at $0.24 EPS, Q2 2026 earnings at $0.24 EPS, FY2026 earnings at $0.94 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.28 EPS and FY2027 earnings at $1.02 EPS.

Antero Midstream (NYSE:AM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The pipeline company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. Antero Midstream had a return on equity of 21.67% and a net margin of 39.53%.The firm had revenue of $305.47 million during the quarter, compared to analysts' expectations of $292.70 million. During the same period in the previous year, the business earned $0.23 earnings per share. The firm's revenue for the quarter was up 13.2% on a year-over-year basis.

Several other brokerages have also recently commented on AM. Morgan Stanley boosted their price target on Antero Midstream from $17.00 to $19.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group boosted their price objective on Antero Midstream from $15.50 to $17.50 and gave the stock a "neutral" rating in a research note on Monday, August 18th. Wall Street Zen raised Antero Midstream from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Wells Fargo & Company boosted their price objective on Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Antero Midstream currently has a consensus rating of "Hold" and a consensus price target of $18.50.

Antero Midstream Price Performance

Shares of AM traded up $0.21 during trading hours on Monday, hitting $18.77. 1,605,118 shares of the stock were exchanged, compared to its average volume of 2,408,328. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.03 and a current ratio of 1.03. Antero Midstream has a 12-month low of $14.22 and a 12-month high of $19.08. The company has a market cap of $8.98 billion, a price-to-earnings ratio of 19.54 and a beta of 0.92. The stock's 50-day moving average price is $17.92 and its two-hundred day moving average price is $17.82.

Antero Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 23rd were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Wednesday, July 23rd. Antero Midstream's dividend payout ratio is 94.74%.

Insider Activity at Antero Midstream

In other news, insider Sheri Pearce sold 39,155 shares of the company's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $17.51, for a total value of $685,604.05. Following the transaction, the insider owned 106,489 shares of the company's stock, valued at $1,864,622.39. This represents a 26.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.86% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Antero Midstream

Several institutional investors and hedge funds have recently modified their holdings of AM. Transce3nd LLC purchased a new stake in shares of Antero Midstream in the 1st quarter valued at $29,000. Nomura Asset Management Co. Ltd. raised its holdings in shares of Antero Midstream by 58.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 2,700 shares of the pipeline company's stock valued at $51,000 after buying an additional 1,000 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Antero Midstream by 401.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,778 shares of the pipeline company's stock valued at $53,000 after buying an additional 2,224 shares during the period. UMB Bank n.a. raised its holdings in shares of Antero Midstream by 170.8% in the 1st quarter. UMB Bank n.a. now owns 3,469 shares of the pipeline company's stock valued at $62,000 after buying an additional 2,188 shares during the period. Finally, Brooklyn Investment Group raised its holdings in shares of Antero Midstream by 41.2% in the 1st quarter. Brooklyn Investment Group now owns 4,551 shares of the pipeline company's stock valued at $82,000 after buying an additional 1,328 shares during the period. Hedge funds and other institutional investors own 53.97% of the company's stock.

About Antero Midstream

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.