Zacks Research Issues Pessimistic Forecast for AM Earnings

Key Points

• Zacks Research trimmed its Q3 2026 EPS estimate for Antero Midstream to $0.29 from $0.30 and maintains a "Hold" rating, while publishing FY2026 and FY2028 EPS forecasts of $1.16 and $1.22 and the market consensus full-year estimate sits at $0.95 with an average price target of $22.50.
• Antero Midstream recently missed quarterly EPS expectations ($0.11 vs. $0.24), pays a quarterly dividend of $0.225 (annualized $0.90, ~4.0% yield) but carries a payout ratio above 100%, raising questions about dividend sustainability despite a market cap of roughly $10.65 billion and a 52‑week range of $15.07–$23.83.

Antero Midstream Corporation (NYSE:AM - Free Report) - Equities researchers at Zacks Research reduced their Q3 2026 earnings per share estimates for Antero Midstream in a note issued to investors on Tuesday, April 7th. Zacks Research analyst Team now anticipates that the pipeline company will earn $0.29 per share for the quarter, down from their previous forecast of $0.30. 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 FY2026 earnings at $1.16 EPS and FY2028 earnings at $1.22 EPS.

Other analysts also recently issued reports about the company. The Goldman Sachs Group upped their price objective on Antero Midstream from $18.00 to $23.00 and gave the company a "neutral" rating in a research report on Tuesday, February 24th. Wells Fargo & Company increased their target price on Antero Midstream from $21.00 to $23.00 and gave the stock an "equal weight" rating in a research report on Friday, March 13th. Weiss Ratings upgraded Antero Midstream from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Friday, March 6th. Finally, UBS Group increased their target price on Antero Midstream from $22.00 to $24.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $22.50.

Antero Midstream Stock Down 1.3%

Shares of NYSE:AM opened at $22.51 on Thursday. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 1.63. Antero Midstream has a 52-week low of $15.07 and a 52-week high of $23.83. The stock's fifty day simple moving average is $21.86 and its 200-day simple moving average is $19.42. The company has a market capitalization of $10.65 billion, a P/E ratio of 26.17 and a beta of 0.75.

Antero Midstream (NYSE:AM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The pipeline company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.13). Antero Midstream had a net margin of 34.77% and a return on equity of 20.12%. The company had revenue of $297.00 million during the quarter, compared to analysts' expectations of $292.46 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The firm's revenue was up 3.3% compared to the same quarter last year.

Antero Midstream Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 11th. Investors of record on Wednesday, January 28th were given a dividend of $0.225 per share. The ex-dividend date was Wednesday, January 28th. This represents a $0.90 annualized dividend and a yield of 4.0%. Antero Midstream's dividend payout ratio is 104.65%.

Insider Buying and Selling

In related news, Director Brooks J. Klimley sold 5,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $23.16, for a total transaction of $115,800.00. Following the transaction, the director directly owned 69,680 shares in the company, valued at approximately $1,613,788.80. This represents a 6.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Yvette K. Schultz sold 25,000 shares of the firm's stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $22.81, for a total value of $570,250.00. Following the completion of the transaction, the insider owned 649,834 shares in the company, valued at approximately $14,822,713.54. This trade represents a 3.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 44,000 shares of company stock worth $1,004,690. 0.86% of the stock is owned by company insiders.

Hedge Funds Weigh In On Antero Midstream

A number of large investors have recently modified their holdings of AM. Norges Bank purchased a new position in shares of Antero Midstream in the 4th quarter worth about $66,998,000. Bank of New York Mellon Corp raised its holdings in shares of Antero Midstream by 22.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,848,461 shares of the pipeline company's stock worth $152,574,000 after purchasing an additional 1,430,138 shares during the period. Orbis Allan Gray Ltd purchased a new position in shares of Antero Midstream in the 4th quarter worth about $25,084,000. Goldman Sachs Group Inc. raised its holdings in shares of Antero Midstream by 56.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,874,379 shares of the pipeline company's stock worth $69,739,000 after purchasing an additional 1,400,368 shares during the period. Finally, SIR Capital Management L.P. raised its holdings in shares of Antero Midstream by 1,086.9% in the 3rd quarter. SIR Capital Management L.P. now owns 1,383,349 shares of the pipeline company's stock worth $26,892,000 after purchasing an additional 1,266,794 shares during the period. 53.97% of the stock is currently owned by hedge funds and other institutional investors.

Antero Midstream Company Profile

Antero Midstream Corporation is a publicly traded midstream service provider that was established in 2014 as a spin-off from Antero Resources. Headquartered in Denver, Colorado, the company owns, operates and develops midstream infrastructure to support the gathering, compression, processing, transportation and storage of natural gas, natural gas liquids (NGLs) and crude oil. Antero Midstream plays a critical role in connecting upstream production in the Appalachian Basin to end-market pipelines and processing facilities.

The company's core operations include a network of gathering pipelines and compression stations that serve the Marcellus and Utica shale formations across West Virginia, Pennsylvania and Ohio.

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