NYSE:EQT

EQT - EQT Stock Forecast, Price & News

$42.91

+1.57 (+3.80%)

(As of 08/9/2022 12:00 AM ET)

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Today's Range: $42.13
▼
$44.03
50-Day Range: $31.65
▼
$49.80
52-Week Range: $15.71
▼
$50.41

Volume: 5.12 million shs
Average Volume: 8.89 million shs
Market Capitalization: $15.87 billion

P/E Ratio: N/A
Dividend Yield: 1.21%
Price Target: $52.83

EQT MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.1% Upside
$52.83 Price Target
Short Interest: Healthy
6.25% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -8.96
Upright™ Environmental Score
News Sentiment: 0.36
Based on 22 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 114.78%
From $3.72 to $7.99 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Oils/Energy Sector

9th out of 254 stocks

Crude Petroleum & Natural Gas Industry

6th out of 78 stocks

3.5

Analyst's Opinion

Consensus Rating
EQT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 13 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.83, EQT has a forecasted upside of 23.1% from its current price of $42.91.
Amount of Analyst Coverage
EQT has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
6.25% of the outstanding shares of EQT have been sold short.
Short Interest Ratio / Days to Cover
EQT has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in EQT has recently decreased by 5.97%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
EQT pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
EQT does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, EQT will have a dividend payout ratio of 6.26% next year. This indicates that EQT will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
EQT has received a -145.31% net impact score from Upright. The largest negative impact of EQT Corporation in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Natural gas distribution services", and "Shale gas" products. See details.
Environmental Sustainability
The Environmental Impact score for EQT is -8.96.

3.0

News and Social Media Coverage

News Sentiment
EQT has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 22 news articles for EQT this week, compared to 7 articles on an average week.
Search Interest
70 people have searched for EQT on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.
MarketBeat Follows
29 people have added EQT to their MarketBeat watchlist in the last 30 days. This is an increase of 142% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EQT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.48% of the stock of EQT is held by insiders.
Percentage Held by Institutions
90.34% of the stock of EQT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for EQT are expected to grow by 114.78% in the coming year, from $3.72 to $7.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EQT is -15.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of EQT is -15.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
EQT has a PEG Ratio of 0.22. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
EQT has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EQT (NYSE:EQT) Stock

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Piper Sandler upped their target price on shares of EQT from $58.00 to $59.00 and gave the stock an "overweight" rating in a research report on Friday, July 22nd. Wells Fargo & Company boosted their price target on shares of EQT from $51.00 to $62.00 and gave the stock an "overweight" rating in a research note on Monday, July 11th. Mizuho dropped their price target on shares of EQT from $65.00 to $55.00 and set a "buy" rating for the company in a research note on Tuesday, July 19th. StockNews.com raised shares of EQT from a "sell" rating to a "hold" rating in a research note on Wednesday, August 3rd. Finally, Scotiabank began coverage on shares of EQT in a research note on Wednesday, August 3rd. They issued an "outperform" rating and a $54.00 target price for the company. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $52.83.

EQT Stock Performance

EQT Stock traded up $1.57 during trading hours on Tuesday, reaching $42.91. The stock had a trading volume of 5,118,375 shares, compared to its average volume of 8,893,638. The stock has a market capitalization of $15.87 billion, a PE ratio of -15.78, a price-to-earnings-growth ratio of 0.22 and a beta of 1.19. The stock has a 50-day simple moving average of $40.30 and a 200 day simple moving average of $35.17. EQT has a fifty-two week low of $15.71 and a fifty-two week high of $50.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.57 and a quick ratio of 0.57.

EQT (NYSE:EQT - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The oil and gas producer reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.32. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.63 billion. EQT's revenue for the quarter was up 61.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.07 earnings per share. Analysts predict that EQT will post 3.72 EPS for the current fiscal year.

EQT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Tuesday, August 9th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 8th. This is a positive change from EQT's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 1.40%. EQT's dividend payout ratio is presently -18.38%.

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EQT Stock News Headlines

August 5, 2022 | investors.com

Indexes Resilient Amid Hot Jobs Report; Vertex, EQT, Axcelis In Focus - Video - IBD - Investor's Business Daily

August 5, 2022 | finance.yahoo.com

EQT Corp (EQT) Q2 Earnings Beat Estimates on Higher Prices - Yahoo Finance

August 5, 2022 | nasdaq.com

EQT Corp (EQT) Q2 Earnings Beat Estimates on Higher Prices - Nasdaq

August 5, 2022 | americanbankingnews.com

Scotiabank Initiates Coverage on EQT (NYSE:EQT)

August 5, 2022 | americanbankingnews.com

Capital One Financial Brokers Increase Earnings Estimates for EQT Co. (NYSE:EQT)

August 4, 2022 | nasdaq.com

Ex-Dividend Reminder: Baker Hughes, EQT and Archrock - Nasdaq

August 4, 2022 | nasdaq.com

It Might Not Be A Great Idea To Buy EQT Corporation (NYSE:EQT) For Its Next Dividend - Nasdaq

August 4, 2022 | finance.yahoo.com

It Might Not Be A Great Idea To Buy EQT Corporation (NYSE:EQT) For Its Next Dividend - Yahoo Finance

August 4, 2022 | americanbankingnews.com

EQT (NYSE:EQT) Upgraded by StockNews.com to Hold

August 3, 2022 | finance.yahoo.com

Upgrade: Analysts Just Made A Substantial Increase To Their EQT Corporation (NYSE:EQT) Forecasts

August 2, 2022 | americanbankingnews.com

Research Analysts Issue Forecasts for EQT Co.'s FY2022 Earnings (NYSE:EQT)

August 1, 2022 | americanbankingnews.com

EQT (NYSE:EQT) Given New $52.00 Price Target at Credit Suisse Group

July 29, 2022 | americanbankingnews.com

Scotiabank Reaffirms "Sector Outperform" Rating for EQT (NYSE:EQT)

July 28, 2022 | bizjournals.com

CenterPoint, UBS sell a fifth of LakeView Corporate Park to EQT Exeter - Milwaukee Business Journal - The Business Journals

July 28, 2022 | nasdaq.com

EQT Q2 22 Earnings Conference Call At 10:00 AM ET - Nasdaq

July 28, 2022 | reuters.com

EQT in talks with LNG companies on possible agreements, CEO says - Reuters

July 28, 2022 | finance.yahoo.com

EQT pauses share repurchasing, refocuses and expands debt reduction

July 28, 2022 | americanbankingnews.com

EQT (NYSE:EQT) Shares Gap Up to $44.98

July 28, 2022 | americanbankingnews.com

EQT (NYSE:EQT) Stock Rating Lowered by StockNews.com

July 27, 2022 | finance.yahoo.com

EQT REPORTS SECOND QUARTER 2022 RESULTS

July 27, 2022 | finance.yahoo.com

EQT REPORTS SECOND QUARTER 2022 RESULTS

July 27, 2022 | americanbankingnews.com

Equities Analysts Offer Predictions for EQT Co.'s Q2 2022 Earnings (NYSE:EQT)

July 26, 2022 | americanbankingnews.com

EQT (EQT) Set to Announce Quarterly Earnings on Wednesday

July 26, 2022 | americanbankingnews.com

Capital One Financial Research Analysts Lower Earnings Estimates for EQT Co. (NYSE:EQT)

July 26, 2022 | seekingalpha.com

EQT, Diamondback Energy head Goldman's top five energy stock picks (NYSE:EQT) - Seeking Alpha

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30 days | 90 days | 365 days | Advanced Chart

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EQT Company Calendar

Ex-Dividend for 6/1 Dividend: 5/10/2022
Dividend Payable: 6/01/2022
Last Earnings: 7/27/2022
Ex-Dividend for 9/1 Dividend: 8/08/2022
Today: 8/09/2022
Dividend Payable: 9/01/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Sector: Oils/Energy
Current Symbol: NYSE:EQT
CUSIP: 26884L10
CIK: 33213
Web: www.eqt.com
Phone: (412) 553-5700
Fax: 412-553-5757
Employees: 693
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $52.83
High Stock Price Forecast: $62.00
Low Stock Price Forecast: $31.00
Forecasted Upside/Downside: +23.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.53
P/E Growth: 0.22
Net Income: $-1,155,760,000.00
Net Margins: N/A
Pretax Margin: -23.96%
Return on Equity: 9.80%
Return on Assets: 3.92%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 0.57
Quick Ratio: 0.57

Sales & Book Value

Annual Sales: $3.06 billion
Price / Sales: 5.18
Cash Flow: $5.49 per share
Price / Cash Flow: 7.82
Book Value: $26.58 per share
Price / Book: 1.61

Miscellaneous

Outstanding Shares: 369,957,000
Free Float: 368,181,000
Market Cap: $15.87 billion
Optionable: Optionable
Beta: 1.19

Key Executives

Mr. Toby Z. Rice (Age 40)
Pres, CEO & Director
Comp: $1.8M
Mr. David M. Khani CFA (Age 59)
Chief Financial Officer
Comp: $1.54M
Mr. Richard Anthony Duran (Age 43)
Chief Information Officer
Comp: $793.1k
Mr. William E. Jordan (Age 42)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $1.12M
Ms. Lesley Evancho (Age 44)
Chief HR Officer
Comp: $724.2k
Mr. Todd M. James (Age 39)
Chief Accounting Officer
Mr. Andrew Breese
Investor Relations Director
Mr. Phillip D. Swisher (Age 49)
Controller of Shared Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EQT Stock - Frequently Asked Questions

Should I buy or sell EQT stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT in the last twelve months. There are currently 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EQT shares.
View EQT analyst ratings or view top-rated stocks.
What is EQT's stock price forecast for 2022?: 13 brokerages have issued 12-month price targets for EQT's shares. Their EQT share price forecasts range from $31.00 to $62.00. On average, they anticipate the company's share price to reach $52.83 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price.
View analysts price targets for EQT or view top-rated stocks among Wall Street analysts.
How has EQT's stock price performed in 2022?: EQT's stock was trading at $21.81 at the start of the year. Since then, EQT stock has increased by 96.7% and is now trading at $42.91.
View the best growth stocks for 2022 here.
When is EQT's next earnings date?: EQT is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our EQT earnings forecast.
How were EQT's earnings last quarter?: EQT Co. (NYSE:EQT) issued its quarterly earnings results on Wednesday, July, 27th. The oil and gas producer reported $0.83 EPS for the quarter, beating the consensus estimate of $0.51 by $0.32. The oil and gas producer earned $1.61 billion during the quarter, compared to the consensus estimate of $1.63 billion. The firm's quarterly revenue was up 61.7% on a year-over-year basis. During the same period last year, the company earned $0.07 earnings per share.
How often does EQT pay dividends? What is the dividend yield for EQT?: EQT announced a quarterly dividend on Wednesday, July 20th. Stockholders of record on Tuesday, August 9th will be given a dividend of $0.15 per share on Thursday, September 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, August 8th. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for EQT.
Is EQT a good dividend stock?: EQT (NYSE:EQT) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.21%.
Read our dividend analysis for EQT.
How will EQT's stock buyback program work?: EQT declared that its Board of Directors has approved a share buyback plan on Monday, December 13th 2021, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 13.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

What is Toby Z. Rice's approval rating as EQT's CEO?: 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.
What other stocks do shareholders of EQT own?: 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).
What is EQT's stock symbol?: EQT trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQT."
Who are EQT's major shareholders?: EQT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (0.51%), Swiss National Bank (0.40%), Thompson Siegel & Walmsley LLC (0.33%), Loomis Sayles & Co. L P (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and National Bank of Canada FI (0.23%). Insiders that own company stock include (Mick) O'brien Michael, Lydia I Beebe and Toby Z Rice.
View institutional ownership trends.
How do I buy shares of EQT?: 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.
Compare Top Brokerages Here.
What is EQT's stock price today?: One share of EQT stock can currently be purchased for approximately $42.91.
How much money does EQT make?: EQT (NYSE:EQT) has a market capitalization of $15.87 billion and generates $3.06 billion in revenue each year. The oil and gas producer earns $-1,155,760,000.00 in net income (profit) each year or ($2.72) on an earnings per share basis.
How many employees does EQT have?: EQT employs 693 workers across the globe.
How can I contact EQT?: 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.

This page (NYSE:EQT) was last updated on 8/10/2022 by MarketBeat.com Staff

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EQT - EQT Stock Forecast, Price & News

EQT MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About EQT (NYSE:EQT) Stock

Analysts Set New Price Targets

EQT Stock Performance

EQT Increases Dividend

EQT Stock News Headlines

EQT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EQT Stock - Frequently Asked Questions

Should I buy or sell EQT stock right now?

What is EQT's stock price forecast for 2022?

How has EQT's stock price performed in 2022?

When is EQT's next earnings date?

How were EQT's earnings last quarter?

How often does EQT pay dividends? What is the dividend yield for EQT?

Is EQT a good dividend stock?

How will EQT's stock buyback program work?

What is Toby Z. Rice's approval rating as EQT's CEO?

What other stocks do shareholders of EQT own?

What is EQT's stock symbol?

Who are EQT's major shareholders?

How do I buy shares of EQT?

What is EQT's stock price today?

How much money does EQT make?

How many employees does EQT have?

How can I contact EQT?

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