Roth Capital Has Bearish Forecast for EQT Q3 Earnings

Key Points

• Roth Capital has lowered its Q3 2025 earnings per share estimate for EQT to $0.55, down from the previous estimate of $0.76, while maintaining a "Neutral" rating with a $57.00 price target.
• Despite mixed analyst ratings, with thirteen suggesting a "Buy" and five a "Hold," EQT currently holds a consensus rating of "Moderate Buy" and an average price target of $60.32.
• The company announced a quarterly dividend of $0.1575 per share, representing an annualized yield of 1.2% with a payout ratio of 34.05%.

EQT Corporation (NYSE:EQT - Free Report) - Roth Capital lowered their Q3 2025 earnings per share (EPS) estimates for shares of EQT in a research report issued on Monday, August 18th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.55 for the quarter, down from their previous forecast of $0.76. Roth Capital has a "Neutral" rating and a $57.00 price target on the stock. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Roth Capital also issued estimates for EQT's Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.93 EPS, Q1 2026 earnings at $1.28 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $3.24 EPS.

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

A number of other brokerages have also recently commented on EQT. Wells Fargo & Company increased their target price on EQT from $59.00 to $63.00 and gave the company an "overweight" rating in a report on Monday, June 16th. Royal Bank Of Canada increased their target price on EQT from $55.00 to $60.00 and gave the company a "sector perform" rating in a report on Tuesday, July 8th. Barclays increased their target price on EQT from $65.00 to $68.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Jefferies Financial Group reiterated a "buy" rating and set a $70.00 target price (up previously from $60.00) on shares of EQT in a report on Tuesday, July 8th. Finally, Melius assumed coverage on EQT in a report on Wednesday. They set a "buy" rating and a $64.00 target price on the stock. Fifteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $62.14.

EQT Price Performance

NYSE EQT traded down $0.1340 during mid-day trading on Wednesday, hitting $51.9160. The stock had a trading volume of 4,768,066 shares, compared to its average volume of 7,375,581. EQT has a 52-week low of $31.45 and a 52-week high of $61.02. The company has a market cap of $32.40 billion, a price-to-earnings ratio of 28.06, a P/E/G ratio of 0.38 and a beta of 0.59. The company has a 50 day simple moving average of $54.91 and a 200 day simple moving average of $53.13. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of EQT in the 1st quarter worth $35,000. Harbour Investments Inc. raised its position in shares of EQT by 48.4% in the 1st quarter. Harbour Investments Inc. now owns 693 shares of the oil and gas producer's stock worth $37,000 after buying an additional 226 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of EQT in the 2nd quarter worth $41,000. Anchor Investment Management LLC raised its position in shares of EQT by 133.3% in the 2nd quarter. Anchor Investment Management LLC now owns 875 shares of the oil and gas producer's stock worth $51,000 after buying an additional 500 shares during the period. Finally, University of Texas Texas AM Investment Management Co. raised its position in shares of EQT by 47.7% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 960 shares of the oil and gas producer's stock worth $44,000 after buying an additional 310 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at EQT

In other news, EVP Sarah Fenton sold 12,438 shares of the firm's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $51.94, for a total transaction of $646,029.72. Following the sale, the executive vice president owned 13,297 shares in the company, valued at $690,646.18. This trade represents a 48.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Vicky A. Bailey sold 4,259 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $51.56, for a total value of $219,594.04. The disclosure for this sale can be found here. 0.65% of the stock is owned by company insiders.

EQT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders 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 dividend yield of 1.2%. EQT's dividend payout ratio (DPR) is 34.05%.

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.