EQT - EQT Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EQT in the last twelve months. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EQT shares.
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18 equities research analysts have issued 12 month price targets for EQT's stock. Their EQT share price forecasts range from $40.00 to $74.00. On average, they anticipate the company's stock price to reach $52.59 in the next year. This suggests a possible upside of 72.1% from the stock's current price.
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EQT's stock was trading at $33.83 at the start of the year. Since then, EQT stock has decreased by 9.7% and is now trading at $30.56.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our EQT earnings forecast.

EQT Co. (NYSE:EQT) announced its quarterly earnings results on Wednesday, February, 15th. The oil and gas producer reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.10. The oil and gas producer had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.36 billion. The firm's revenue for the quarter was down 6.6% on a year-over-year basis. During the same quarter last year, the business earned $0.41 earnings per share.

EQT announced a quarterly dividend on Thursday, February 9th. Shareholders of record on Tuesday, February 21st will be given a dividend of $0.15 per share on Wednesday, March 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, February 17th.
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), First Trust Energy AlphaDEX Fund (FXN), Grizzle Growth ETF (GRZZ), AltShares Event-Driven ET (EVNT), First Trust Natural Gas ETF (FCG), Invesco DWA Utilities Momentum ETF (PUI), Goldman Sachs Hedge Industry VIP ETF (GVIP) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

EQT (NYSE:EQT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.94%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQT will have a dividend payout ratio of 10.26% 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 of Directors has authorized a stock buyback plan on Monday, December 13th 2021, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 13.2% of its stock through open market purchases. Stock buyback plans are often 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 institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (3.32%), Geode Capital Management LLC (2.12%), Susquehanna International Group LLP (0.00%), Charles Schwab Investment Management Inc. (0.88%), Two Sigma Advisers LP (0.75%) and KGH Ltd (0.74%). Insiders that own company stock include Lydia I Beebe, Toby Z Rice and William E Jordan.
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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 $30.56.

EQT (NYSE:EQT) has a market capitalization of $11.01 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 $4.11 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.