Zacks Research Predicts Higher Earnings for Antero Midstream

Key Points

• Zacks Research has raised its FY2026 earnings estimate for Antero Midstream to $0.98 per share, reflecting a slight increase from the previous estimate of $0.97, while maintaining a "Hold" rating.
• Analysts give a consensus rating of "Hold" for Antero Midstream, with an average target price of $18.50, supported by several firms raising their target prices recently.
• Antero Midstream declared a quarterly dividend of $0.225 per share, indicating a yield of 5.0% and a payout ratio of 94.74% for investors.

Antero Midstream Corporation (NYSE:AM - Free Report) - Zacks Research lifted their FY2026 earnings estimates for Antero Midstream in a report issued on Wednesday, October 22nd. Zacks Research analyst Team now forecasts that the pipeline company will earn $0.98 per share for the year, up from their previous estimate of $0.97. 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 Q3 2027 earnings at $0.25 EPS and FY2027 earnings at $1.06 EPS.

A number of other analysts have also weighed in on the stock. The Goldman Sachs Group upped their target price on shares of Antero Midstream from $15.50 to $17.50 and gave the stock a "neutral" rating in a research note on Monday, August 18th. Weiss Ratings restated a "buy (a-)" rating on shares of Antero Midstream in a research note on Wednesday, October 8th. Wells Fargo & Company upped their target price on shares of Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Wall Street Zen upgraded shares of Antero Midstream from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Morgan Stanley upped their target price on shares of Antero Midstream from $17.00 to $19.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Antero Midstream currently has a consensus rating of "Hold" and an average target price of $18.50.

Antero Midstream Stock Down 1.2%

AM stock opened at $18.04 on Thursday. The company's 50 day moving average price is $18.40 and its 200 day moving average price is $18.02. 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 has a fifty-two week low of $14.22 and a fifty-two week high of $19.82. The firm has a market capitalization of $8.63 billion, a price-to-earnings ratio of 18.98 and a beta of 0.85.

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 (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.02. Antero Midstream had a net margin of 39.53% and a return on equity of 21.67%. The business had revenue of $305.47 million for the quarter, compared to analysts' expectations of $292.70 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The business's quarterly revenue was up 13.2% on a year-over-year basis.

Antero Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Wednesday, October 22nd will be issued a $0.225 dividend. The ex-dividend date is Wednesday, October 22nd. This represents a $0.90 annualized dividend and a yield of 5.0%. Antero Midstream's payout ratio is 94.74%.

Insider Buying and Selling

In other Antero Midstream news, insider Sheri Pearce sold 39,155 shares of Antero Midstream stock in a transaction dated 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 owned 106,489 shares in the company, valued at $1,864,622.39. The trade was a 26.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.86% of the stock is owned by company insiders.

Institutional Trading of Antero Midstream

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AM. Norges Bank purchased a new stake in Antero Midstream in the 2nd quarter valued at about $80,504,000. Tortoise Capital Advisors L.L.C. grew its holdings in shares of Antero Midstream by 31.7% during the 1st 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 period. Nuveen LLC purchased a new stake in shares of Antero Midstream during the 1st quarter worth about $25,226,000. Goldman Sachs Group Inc. grew its holdings in shares of Antero Midstream by 56.6% during 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, Qube Research & Technologies Ltd purchased a new stake in shares of Antero Midstream during the 2nd quarter worth about $20,044,000. Hedge funds and other institutional investors own 53.97% of the company's stock.

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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