Zacks Research Has Optimistic Outlook of AM FY2025 Earnings

Key Points

• Zacks Research has raised its earnings per share estimate for Antero Midstream for FY2025 from $0.98 to $0.99, indicating confidence in the company's performance.
• Antero Midstream reported a quarterly earnings per share of $0.26, exceeding analyst expectations, with a revenue of $305.47 million.
• The company recently declared a quarterly dividend of $0.225, representing a 4.7% yield, with a significant dividend payout ratio of 94.74%.

Antero Midstream Corporation (NYSE:AM - Free Report) - Research analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for Antero Midstream in a research note issued to investors on Monday, September 22nd. Zacks Research analyst Team now expects that the pipeline company will earn $0.99 per share for the year, up from their prior forecast of $0.98. Zacks Research currently has a "Hold" 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 $0.25 EPS, Q3 2026 earnings at $0.25 EPS, FY2026 earnings at $0.97 EPS, Q1 2027 earnings at $0.28 EPS and FY2027 earnings at $1.05 EPS.

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

A number of other research analysts also recently issued reports on AM. Wall Street Zen upgraded Antero Midstream from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Wells Fargo & Company lifted their price target on Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Morgan Stanley lifted 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. Finally, The Goldman Sachs Group boosted their price objective on Antero Midstream from $15.50 to $17.50 and gave the company a "neutral" rating in a report on Monday, August 18th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $18.50.

Antero Midstream Trading Up 2.0%

Shares of NYSE AM opened at $19.13 on Wednesday. Antero Midstream has a fifty-two week low of $14.22 and a fifty-two week high of $19.32. The company has a market cap of $9.15 billion, a price-to-earnings ratio of 20.13 and a beta of 0.92. The business's 50 day moving average price is $17.97 and its 200-day moving average price is $17.84. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.03 and a current ratio of 1.03.

Institutional Investors Weigh In On Antero Midstream

Several hedge funds have recently made changes to their positions in AM. Transce3nd LLC acquired a new stake in Antero Midstream in the first quarter valued at about $29,000. Nomura Asset Management Co. Ltd. grew its stake in 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 worth $51,000 after acquiring an additional 1,000 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Antero Midstream by 401.4% during 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. grew its stake in shares of Antero Midstream by 170.8% during 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 grew its stake in shares of Antero Midstream by 41.2% during 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. Institutional investors and hedge funds own 53.97% of the company's stock.

Insider Buying and Selling

In related news, insider Sheri Pearce sold 39,155 shares of the 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.86% of the stock is owned by company insiders.

Antero Midstream Announces Dividend

The business also recently disclosed 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 4.7%. The ex-dividend date was Wednesday, July 23rd. Antero Midstream's dividend payout ratio (DPR) is presently 94.74%.

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.

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