Zacks Research Forecasts APA's Q1 Earnings (NASDAQ:APA)

Key Points

• Zacks Research has raised its Q1 2026 earnings per share (EPS) estimate for APA Corporation to $0.62, up from $0.61, and the full-year estimate for 2026 is now $2.34 EPS.
• APA reported a Q3 earnings of $0.87 per share, exceeding the consensus estimate of $0.45, despite a year-over-year revenue decline of 14.4%.
• The company has announced a quarterly dividend of $0.25 payable on November 21st, reflecting an annualized yield of 4.3% with a payout ratio of 33.44%.

APA Corporation (NASDAQ:APA - Free Report) - Equities research analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for APA in a research note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous forecast of $0.61. The consensus estimate for APA's current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA's Q3 2026 earnings at $0.53 EPS and FY2026 earnings at $2.34 EPS.

APA (NASDAQ:APA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.42. The business had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.03 billion. APA had a return on equity of 20.98% and a net margin of 10.53%.The business's revenue was down 14.4% on a year-over-year basis. During the same period last year, the business earned $1.17 EPS.

A number of other equities research analysts also recently issued reports on APA. BMO Capital Markets upped their price objective on shares of APA from $28.00 to $30.00 and gave the stock a "market perform" rating in a research report on Monday. Wells Fargo & Company upped their target price on APA from $20.00 to $21.00 and gave the company an "equal weight" rating in a report on Friday, August 15th. Morgan Stanley decreased their price target on APA from $23.00 to $22.00 and set an "underweight" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on APA from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, October 10th. Finally, Royal Bank Of Canada upped their price objective on APA from $23.00 to $24.00 and gave the company a "sector perform" rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $24.26.

APA Stock Performance

Shares of APA stock opened at $23.00 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a 50-day moving average of $22.84 and a 200-day moving average of $19.58. APA has a one year low of $13.58 and a one year high of $25.83. The company has a market cap of $8.23 billion, a P/E ratio of 7.69, a P/E/G ratio of 6.70 and a beta of 1.16.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Golden State Wealth Management LLC increased its holdings in APA by 2,709.8% in the 1st quarter. Golden State Wealth Management LLC now owns 1,433 shares of the company's stock worth $30,000 after acquiring an additional 1,382 shares during the last quarter. Rakuten Securities Inc. boosted its position in APA by 499.2% during the first quarter. Rakuten Securities Inc. now owns 1,546 shares of the company's stock worth $32,000 after purchasing an additional 1,288 shares during the period. TD Private Client Wealth LLC boosted its position in APA by 144.9% during the second quarter. TD Private Client Wealth LLC now owns 1,866 shares of the company's stock worth $34,000 after purchasing an additional 1,104 shares during the period. CVA Family Office LLC increased its stake in shares of APA by 6,096.7% in the second quarter. CVA Family Office LLC now owns 1,859 shares of the company's stock worth $34,000 after purchasing an additional 1,829 shares in the last quarter. Finally, MAI Capital Management raised its position in shares of APA by 76.5% in the second quarter. MAI Capital Management now owns 2,134 shares of the company's stock valued at $39,000 after purchasing an additional 925 shares during the period. Hedge funds and other institutional investors own 83.01% of the company's stock.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Wednesday, October 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, October 22nd. APA's dividend payout ratio (DPR) is currently 33.44%.

About APA

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.

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