Zacks Research Issues Optimistic Outlook for EQT Earnings

EQT Co. (NYSE:EQT - Free Report) - Research analysts at Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for EQT in a research report issued to clients and investors on Monday, June 9th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will earn $0.48 per share for the quarter, up from their prior forecast of $0.46. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT's Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $3.18 EPS, Q3 2026 earnings at $0.87 EPS, Q4 2026 earnings at $0.97 EPS and FY2027 earnings at $4.44 EPS.

A number of other research firms have also issued reports on EQT. UBS Group upgraded EQT from a "neutral" rating to a "buy" rating and upped their price target for the company from $54.00 to $64.00 in a research report on Monday, May 5th. Piper Sandler raised their price objective on shares of EQT from $35.00 to $48.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. Wells Fargo & Company boosted their target price on shares of EQT from $53.00 to $58.00 and gave the company an "overweight" rating in a report on Wednesday, March 19th. Mizuho increased their price target on shares of EQT from $57.00 to $60.00 and gave the company an "outperform" rating in a research note on Tuesday, April 1st. Finally, The Goldman Sachs Group reaffirmed a "reduce" rating on shares of EQT in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $57.11.

EQT Price Performance

Shares of NYSE:EQT traded up $0.78 during midday trading on Wednesday, hitting $54.75. The company's stock had a trading volume of 2,336,164 shares, compared to its average volume of 7,885,141. The company has a market cap of $32.77 billion, a P/E ratio of 136.88, a price-to-earnings-growth ratio of 0.64 and a beta of 0.65. EQT has a 12-month low of $30.02 and a 12-month high of $57.37. The business's 50 day simple moving average is $52.78 and its 200 day simple moving average is $50.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.51 and a current ratio of 0.70.

EQT (NYSE:EQT - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The oil and gas producer reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.20. EQT had a net margin of 4.37% and a return on equity of 4.35%. The company had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.16 billion.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EQT. Invesco Ltd. increased its position in shares of EQT by 46.3% during the fourth quarter. Invesco Ltd. now owns 13,143,774 shares of the oil and gas producer's stock worth $606,059,000 after acquiring an additional 4,162,065 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in EQT by 386.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,347,660 shares of the oil and gas producer's stock worth $205,830,000 after purchasing an additional 3,454,741 shares during the period. Slate Path Capital LP purchased a new stake in EQT during the 4th quarter worth about $123,575,000. Castle Hook Partners LP raised its position in EQT by 199.5% in the 4th quarter. Castle Hook Partners LP now owns 3,990,714 shares of the oil and gas producer's stock valued at $184,012,000 after purchasing an additional 2,658,375 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of EQT in the 4th quarter valued at about $113,924,000. Hedge funds and other institutional investors own 90.81% of the company's stock.

EQT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th were given a dividend of $0.1575 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $0.63 annualized dividend and a dividend yield of 1.15%. EQT's dividend payout ratio is presently 110.53%.

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.