Zacks Research Analysts Lift Earnings Estimates for EQT

EQT Co. (NYSE:EQT - Free Report) - Zacks Research increased their Q3 2025 EPS estimates for shares of EQT in a report released on Monday, June 9th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $0.51 for the quarter, up from their previous forecast of $0.47. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT's Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $0.62 EPS, FY2026 earnings at $3.53 EPS and Q1 2027 earnings at $1.25 EPS.

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

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. raised their price objective on shares of EQT from $58.00 to $60.00 and gave the company an "overweight" rating in a report on Thursday, March 13th. The Goldman Sachs Group reaffirmed a "reduce" rating on shares of EQT in a report on Wednesday, February 12th. Mizuho lifted their target price on shares of EQT from $57.00 to $60.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 1st. Scotiabank reissued a "sector perform" rating and issued a $62.00 price objective (up previously from $57.00) on shares of EQT in a research report on Thursday, May 22nd. Finally, UBS Group upgraded EQT from a "neutral" rating to a "buy" rating and upped their price target for the stock from $54.00 to $64.00 in a research note on Monday, May 5th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, EQT currently has a consensus rating of "Moderate Buy" and a consensus price target of $57.11.

EQT Stock Up 2.9%

Shares of EQT traded up $1.58 during midday trading on Thursday, reaching $55.55. The stock had a trading volume of 4,918,953 shares, compared to its average volume of 7,888,405. EQT has a 1-year low of $30.02 and a 1-year high of $57.37. The company's fifty day simple moving average is $52.78 and its two-hundred day simple moving average is $50.45. The company has a market cap of $33.25 billion, a price-to-earnings ratio of 138.88, a PEG ratio of 0.64 and a beta of 0.65. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.70 and a quick ratio of 0.51.

Hedge Funds Weigh In On EQT

Several hedge funds and other institutional investors have recently made changes to their positions in EQT. Vanguard Group Inc. boosted its position in EQT by 2.1% during the first quarter. Vanguard Group Inc. now owns 74,039,340 shares of the oil and gas producer's stock worth $3,955,922,000 after purchasing an additional 1,509,054 shares during the period. Geode Capital Management LLC raised its stake in EQT by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 14,427,307 shares of the oil and gas producer's stock valued at $663,552,000 after purchasing an additional 429,733 shares in the last quarter. Capital International Investors raised its stake in EQT by 21.3% in the fourth quarter. Capital International Investors now owns 13,855,244 shares of the oil and gas producer's stock valued at $638,867,000 after purchasing an additional 2,433,632 shares in the last quarter. Clearbridge Investments LLC raised its stake in EQT by 14.7% during the fourth quarter. Clearbridge Investments LLC now owns 13,829,938 shares of the oil and gas producer's stock worth $637,698,000 after acquiring an additional 1,774,696 shares in the last quarter. Finally, Invesco Ltd. raised its stake in 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 in the last quarter. 90.81% of the stock is owned by institutional investors.

EQT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th were issued a $0.1575 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.13%. EQT's dividend payout ratio (DPR) 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.