EQT (EQT) Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EQT shares.
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19 equities research analysts have issued twelve-month target prices for EQT's shares. Their EQT share price forecasts range from $36.00 to $74.00. On average, they predict the company's stock price to reach $49.59 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
View analysts price targets for EQT or view top-rated stocks among Wall Street analysts.

EQT's stock was trading at $33.83 on January 1st, 2023. Since then, EQT shares have increased by 15.2% and is now trading at $38.97.
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EQT saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 19,530,000 shares, an increase of 10.8% from the April 30th total of 17,620,000 shares. Based on an average trading volume of 6,560,000 shares, the short-interest ratio is presently 3.0 days.
View EQT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our EQT earnings forecast.

EQT Co. (NYSE:EQT) released its quarterly earnings results on Wednesday, April, 26th. The oil and gas producer reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.38. The oil and gas producer earned $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. EQT had a trailing twelve-month return on equity of 15.17% and a net margin of 41.96%. The firm's revenue for the quarter was down 26.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS.

EQT announced a quarterly dividend on Wednesday, April 19th. Shareholders of record on Wednesday, May 10th will be paid a dividend of $0.15 per share on Thursday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Tuesday, May 9th.
Read our dividend analysis for EQT.

ETFs with the largest weight of EQT (NYSE:EQT) stock in their portfolio include Invesco S&P 500 Equal Weight Energy ETF (RYE), Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Energy AlphaDEX Fund (FXN), Grizzle Growth ETF (GRZZ), Invesco Dynamic Energy Exploration & Production ETF (PXE), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and AltShares Event-Driven ET (EVNT).

EQT (NYSE:EQT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQT will have a dividend payout ratio of 11.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQT.

EQT declared that its board has approved a stock repurchase program on Monday, December 13th 2021, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 13.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

16 employees have rated EQT Chief Executive Officer Toby Z. Rice on Glassdoor.com. Toby Z. Rice has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other EQT investors own include Gilead Sciences (GILD), Intel (INTC), AT&T (T), Netflix (NFLX), Alibaba Group (BABA), Chevron (CVX), Applied Materials (AMAT), Ford Motor (F), General Electric (GE) and Micron Technology (MU).

EQT trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQT."

EQT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (3.26%), Wellington Management Group LLP (2.40%), Geode Capital Management LLC (2.18%), Soroban Capital Partners LP (1.73%), Pacer Advisors Inc. (1.08%) and Renaissance Technologies LLC (1.03%). Insiders that own company stock include Toby Z Rice and William E Jordan.
View institutional ownership trends.

Shares of EQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EQT stock can currently be purchased for approximately $38.97.

EQT (NYSE:EQT) has a market capitalization of $14.09 billion and generates $7.50 billion in revenue each year. The oil and gas producer earns $1.77 billion in net income (profit) each year or $11.26 on an earnings per share basis.

The company employs 693 workers across the globe.

EQT's mailing address is 625 LIBERTY AVENUE SUITE 1700, PITTSBURGH PA, 15222. The official website for the company is www.eqt.com. The oil and gas producer can be reached via phone at (412) 553-5700, via email at kyderham@eqt.com, or via fax at 412-553-5757.