What is William Blair's Forecast for EQT Q3 Earnings?

Key Points

• William Blair predicts EQT will have a Q3 2025 EPS of $0.64, holding an "Outperform" rating on the stock.
• EQT's last quarterly earnings reported an EPS of $0.45, which missed analysts' expectations by $0.07.
• The firm recently announced an increase in its quarterly dividend to $0.165, which will be paid on December 1st, marking a positive change from the previous dividend.

EQT Corporation (NYSE:EQT - Free Report) - Equities research analysts at William Blair issued their Q3 2025 EPS estimates for EQT in a research note issued on Tuesday, October 14th. William Blair analyst N. Dingmann expects that the oil and gas producer will post earnings per share of $0.64 for the quarter. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for EQT's current full-year earnings is $3.27 per share. William Blair also issued estimates for EQT's Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $3.14 EPS, FY2026 earnings at $4.39 EPS, FY2027 earnings at $5.47 EPS, FY2028 earnings at $5.85 EPS and FY2029 earnings at $6.17 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 analysts' consensus estimates of $0.52 by ($0.07). EQT had a net margin of 15.87% and a return on equity of 6.24%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same period last year, the business posted ($0.08) earnings per share.

A number of other research analysts have also weighed in on the stock. Scotiabank raised their price target on shares of EQT from $68.00 to $70.00 and gave the company a "sector perform" rating in a research report on Thursday, October 9th. Citigroup raised their price target on shares of EQT from $60.00 to $63.00 and gave the company a "buy" rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. dropped their price target on shares of EQT from $64.00 to $62.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 30th. Mizuho dropped their price target on shares of EQT from $66.00 to $60.00 and set an "outperform" rating on the stock in a research report on Monday, September 15th. Finally, Roth Capital lowered shares of EQT from a "strong-buy" rating to a "neutral" rating and dropped their price target for the company from $75.00 to $57.00 in a research report on Monday, August 18th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $63.50.

EQT Stock Down 4.1%

EQT opened at $53.17 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.71. The company's 50-day moving average is $52.44 and its 200 day moving average is $53.51. EQT has a fifty-two week low of $35.44 and a fifty-two week high of $61.02. The firm has a market capitalization of $33.18 billion, a P/E ratio of 28.74, a PEG ratio of 0.48 and a beta of 0.50.

Hedge Funds Weigh In On EQT

Several large investors have recently modified their holdings of EQT. GAMMA Investing LLC increased its stake in shares of EQT by 42.3% in the first quarter. GAMMA Investing LLC now owns 11,950 shares of the oil and gas producer's stock worth $638,000 after purchasing an additional 3,550 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in EQT by 101.8% during the first quarter. Exchange Traded Concepts LLC now owns 9,039 shares of the oil and gas producer's stock valued at $483,000 after acquiring an additional 4,559 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in EQT by 8.9% during the first quarter. Janney Montgomery Scott LLC now owns 255,035 shares of the oil and gas producer's stock valued at $13,627,000 after acquiring an additional 20,852 shares in the last quarter. Sowell Financial Services LLC purchased a new position in EQT during the first quarter valued at approximately $407,000. Finally, QRG Capital Management Inc. purchased a new position in EQT during the first quarter valued at approximately $864,000. Hedge funds and other institutional investors own 90.81% of the company's stock.

Insider Activity

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

EQT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Wednesday, November 5th will be paid a $0.165 dividend. The ex-dividend date is Wednesday, November 5th. This is a positive change from EQT's previous quarterly dividend of $0.16. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. EQT's dividend payout ratio 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.

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