Zacks Research Issues Positive Forecast for AM Earnings

Key Points

• Zacks Research has increased its earnings per share (EPS) estimate for Antero Midstream's Q1 2026 from $0.24 to $0.25, with full-year estimates now at $0.95 per share.
• Antero Midstream reported a quarterly revenue of $305.47 million, surpassing analyst expectations of $292.70 million, and reported an EPS of $0.26, beating the consensus estimate by $0.02.
• Recent activity from analysts led to multiple price target upgrades for Antero Midstream, including Goldman Sachs raising their target from $15.50 to $17.50 and Wells Fargo from $17.00 to $19.00.

Antero Midstream Corporation (NYSE:AM - Free Report) - Equities researchers at Zacks Research boosted their Q1 2026 EPS estimates for shares of Antero Midstream in a note issued to investors on Wednesday, August 20th. Zacks Research analyst Team now expects that the pipeline company will post earnings of $0.25 per share for the quarter, up from their previous forecast of $0.24. Zacks Research has a "Strong-Buy" 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 Q2 2026 earnings at $0.26 EPS, FY2026 earnings at $1.00 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.29 EPS and FY2027 earnings at $1.08 EPS.

Other research analysts have also issued research reports about the stock. Wall Street Zen raised shares of Antero Midstream from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Morgan Stanley raised their price target on Antero Midstream from $17.00 to $19.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Wells Fargo & Company upped their target price on Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group lifted their price target on Antero Midstream from $15.50 to $17.50 and gave the company a "neutral" rating in a research note on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $18.50.

Antero Midstream Stock Performance

Shares of NYSE:AM traded up $0.06 during midday trading on Friday, hitting $17.83. The company's stock had a trading volume of 565,990 shares, compared to its average volume of 3,088,836. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 18.76 and a beta of 0.97. The stock's 50 day simple moving average is $17.93 and its 200 day simple moving average is $17.60. Antero Midstream has a fifty-two week low of $14.06 and a fifty-two week high of $19.08. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.03 and a current ratio of 1.03.

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

Institutional Trading of Antero Midstream

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in shares of Antero Midstream by 2.0% in the first quarter. Invesco Ltd. now owns 30,631,765 shares of the pipeline company's stock valued at $551,372,000 after purchasing an additional 586,966 shares during the period. Tortoise Capital Advisors L.L.C. lifted its stake in Antero Midstream by 31.7% during the first quarter. Tortoise Capital Advisors L.L.C. now owns 9,311,881 shares of the pipeline company's stock worth $167,614,000 after purchasing an additional 2,242,283 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Antero Midstream by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 9,147,525 shares of the pipeline company's stock valued at $164,653,000 after buying an additional 34,596 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Antero Midstream by 7.1% in the second quarter. Bank of New York Mellon Corp now owns 6,418,323 shares of the pipeline company's stock valued at $121,627,000 after purchasing an additional 426,777 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Antero Midstream by 17.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,662,358 shares of the pipeline company's stock worth $83,922,000 after purchasing an additional 697,234 shares during the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.

Insider Activity at Antero Midstream

In other Antero Midstream news, insider Sheri Pearce sold 39,155 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $17.51, for a total transaction of $685,604.05. Following the sale, the insider directly owned 106,489 shares in the company, valued at $1,864,622.39. This represents a 26.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.86% of the stock is owned by company insiders.

Antero Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 23rd were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend 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.