Zacks Research Issues Positive Outlook 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) - Stock analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for shares of Antero Midstream in a note issued to investors on Wednesday, August 20th. Zacks Research analyst Team now forecasts that the pipeline company will post earnings per share of $0.25 for the quarter, up from their prior forecast of $0.24. 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.

Antero Midstream (NYSE:AM - Get Free Report) last released 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. Antero Midstream had a return on equity of 21.67% and a net margin of 39.53%.The company had revenue of $305.47 million for the quarter, compared to the consensus estimate of $292.70 million. During the same quarter last year, the business posted $0.23 EPS. Antero Midstream's quarterly revenue was up 13.2% compared to the same quarter last year.

Several other analysts also recently issued reports on the company. The Goldman Sachs Group raised their price target on Antero Midstream from $15.50 to $17.50 and gave the stock a "neutral" rating in a report on Monday. Wells Fargo & Company raised their price target on Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Morgan Stanley raised their price target on Antero Midstream from $17.00 to $19.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Finally, Wall Street Zen raised Antero Midstream from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $18.50.

Antero Midstream Trading Up 1.1%

Shares of NYSE AM opened at $17.6750 on Friday. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 18.61 and a beta of 0.97. Antero Midstream has a 12-month low of $14.06 and a 12-month high of $19.08. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.45. The stock's 50 day simple moving average is $17.96 and its 200 day simple moving average is $17.55.

Institutional Investors Weigh In On Antero Midstream

A number of institutional investors have recently added to or reduced their stakes in AM. Norges Bank acquired a new stake in Antero Midstream in the second quarter worth approximately $80,504,000. Boston Trust Walden Corp bought a new position in shares of Antero Midstream in the first quarter valued at $51,269,000. SIR Capital Management L.P. bought a new position in shares of Antero Midstream in the fourth quarter valued at $35,058,000. Tortoise Capital Advisors L.L.C. increased its holdings in shares of Antero Midstream by 31.7% in the first quarter. Tortoise Capital Advisors L.L.C. now owns 9,311,881 shares of the pipeline company's stock valued at $167,614,000 after buying an additional 2,242,283 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of Antero Midstream in the first quarter valued at $25,226,000. 53.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

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 value of $685,604.05. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brooks J. Klimley sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $18.88, for a total value of $94,400.00. Following the completion of the sale, the director owned 73,645 shares of the company's stock, valued at $1,390,417.60. This trade represents a 6.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company's stock.

Antero Midstream Announces Dividend

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 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Wednesday, July 23rd. Antero Midstream's dividend payout ratio is 94.74%.

Antero Midstream Company Profile

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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