What is Zacks Research's Estimate for EQT FY2027 Earnings?

Key Points

• Zacks Research raised its FY2027 EPS estimate for EQT to $3.96 (from $3.90) and keeps a Strong-Buy rating, while the Street consensus for the current full year is $4.59 per share.
• EQT beat Q1 expectations with $2.33 EPS (vs. $2.01 expected), generated record quarterly free cash flow of about $1.83B, and cut net debt to roughly $5.7B, helping earn a Fitch upgrade to BBB.
• The company declared a quarterly dividend of $0.165 (annualized yield ~1.2%), but investor concerns include a $1.9B ESOP shelf that could dilute shares and recent insider selling.

EQT Corporation (NYSE:EQT - Free Report) - Zacks Research lifted their FY2027 earnings per share estimates for EQT in a note issued to investors on Monday, April 20th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings per share of $3.96 for the year, up from their prior estimate of $3.90. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for EQT's current full-year earnings is $4.59 per share. Zacks Research also issued estimates for EQT's Q1 2028 earnings at $1.12 EPS.

EQT (NYSE:EQT - Get Free Report) last issued its earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.32. EQT had a return on equity of 7.25% and a net margin of 23.59%.The firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.14 billion. During the same quarter last year, the business earned $1.18 earnings per share.

EQT has been the topic of a number of other research reports. UBS Group dropped their price target on EQT from $76.00 to $75.00 and set a "buy" rating on the stock in a research report on Thursday, March 5th. TD Cowen raised their price target on EQT from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $69.00 price target on shares of EQT in a research report on Wednesday, April 15th. The Goldman Sachs Group dropped their price target on EQT from $68.00 to $65.00 and set a "buy" rating on the stock in a research report on Wednesday, April 15th. Finally, Citigroup raised their price target on EQT from $62.00 to $66.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, EQT has a consensus rating of "Moderate Buy" and a consensus target price of $68.42.

EQT Price Performance

Shares of EQT opened at $56.93 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.27. EQT has a 1 year low of $47.14 and a 1 year high of $68.24. The stock has a market cap of $35.57 billion, a P/E ratio of 17.20, a price-to-earnings-growth ratio of 1.06 and a beta of 0.70. The stock's 50-day moving average price is $61.09 and its two-hundred day moving average price is $57.46.

EQT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 6th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 6th. EQT's dividend payout ratio (DPR) is currently 19.94%.

Insider Activity at EQT

In related news, CAO Todd James sold 32,514 shares of EQT stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $61.12, for a total value of $1,987,255.68. Following the sale, the chief accounting officer owned 58,796 shares of the company's stock, valued at approximately $3,593,611.52. This trade represents a 35.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of EQT stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $64.49, for a total value of $314,453.24. Following the completion of the sale, the executive vice president directly owned 52,953 shares in the company, valued at approximately $3,414,938.97. This represents a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 61,158 shares of company stock valued at $3,742,983. 0.72% of the stock is owned by insiders.

Institutional Investors Weigh In On EQT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Greykasell Wealth Strategies Inc. acquired a new stake in EQT in the 4th quarter valued at approximately $26,000. Aventura Private Wealth LLC acquired a new stake in EQT in the 4th quarter valued at approximately $31,000. Fortitude Family Office LLC raised its position in EQT by 95.6% in the 4th quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer's stock valued at $31,000 after buying an additional 280 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in EQT in the 4th quarter valued at approximately $49,000. Finally, Sound Income Strategies LLC raised its position in EQT by 186.4% in the 4th quarter. Sound Income Strategies LLC now owns 1,266 shares of the oil and gas producer's stock valued at $64,000 after buying an additional 824 shares during the last quarter. Institutional investors and hedge funds own 90.81% of the company's stock.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q1 earnings and revenue beat consensus — EQT reported ~ $2.33–$2.36 EPS (well above last year) and revenues in the low $3B range, topping estimates and citing higher commodity prices and output as drivers. EQT beats profit estimates on higher commodity price, sales volume
• Positive Sentiment: Operational outperformance, record free cash flow and de‑leveraging — sales volumes (618 Bcfe) exceeded guidance, capex came in below guidance, EQT generated record quarterly free cash flow (~$1.83B) and reduced net debt to just under $5.7B; Fitch upgraded the company to BBB. These items support buybacks/debt targets and are bullish for the stock. EQT Reports First Quarter 2026 Results
• Neutral Sentiment: Analyst model updates — Zacks and other analysts revised near‑term estimates and maintain bullish ratings/price targets (median targets near $70), which can support sentiment but also set expectations that future quarters must meet. EQT Corporation (EQT) Q1 Earnings and Revenues Top Estimates
• Neutral Sentiment: CEO commentary on demand — EQT’s CEO highlighted the need for substantial new U.S. power capacity (up to ~100 GW) to support data centers and other loads, reinforcing long‑term demand for gas but not an immediate earnings driver. US Needs Up to 100 Gigawatts of New Power, EQT CEO Says
• Neutral Sentiment: Unrelated “EQT” private‑equity fundraising headlines — several outlets reported a $15.6B Asia fund close by Sweden’s EQT (EQT AB); this is a different company and should not affect fundamentals for EQT Corporation NYSE: EQT. Still, headline overlap can create short‑term noise. EQT Raises Record $15.6 Billion for Asia Private Equity Fund
• Negative Sentiment: ESOP shelf registration ($1.9B) raises dilution/dividend questions — EQT filed a shelf tied to its Employee Stock Ownership Plan that would allow issuance of shares over time, creating the risk of future dilution or pressure on capital allocation (dividends/buybacks). Investors often view such filings cautiously. EQT ESOP Shelf Registration Raises Questions On Dilution And Dividends
• Negative Sentiment: Insider sales and institutional flow shifts — filings compiled by third parties show recent insider sales and large institutional position changes (some large holders trimming exposure), which can create near‑term selling pressure or raise governance questions for active traders. EQT Corporation (EQT) Releases Q1 2026 Earnings

About EQT

EQT Corporation NYSE: EQT is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT's primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.

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