NYSE:EQT

EQT - EQT Stock Forecast, Price & News

$46.84

-0.35 (-0.74%)

(As of 08/17/2022 02:40 PM ET)

Add

Compare

Today's Range: $45.62
▼
$48.49
50-Day Range: $31.65
▼
$48.97
52-Week Range: $15.71
▼
$50.41

Volume: 162,109 shs
Average Volume: 6.17 million shs
Market Capitalization: $17.33 billion

P/E Ratio: N/A
Dividend Yield: 1.33%
Price Target: $52.83

EQT MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 15.6% Upside
$52.83 Price Target
Short Interest: Healthy
5.93% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -8.96
Upright™ Environmental Score
News Sentiment: 0.30
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 112.20%
From $3.77 to $8.00 Per Share

Overall MarketRank^™

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

2.75 out of 5 stars

Oils/Energy Sector

42nd out of 257 stocks

Crude Petroleum & Natural Gas Industry

24th out of 83 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 15.6% from its current price of $45.72.
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
5.93% 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 5.23%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
EQT pays a meaningful dividend of 1.33%, 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 7.50% 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.

2.4

News and Social Media Coverage

News Sentiment
EQT has a news sentiment score of 0.30. 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 5 news articles for EQT this week, compared to 7 articles on an average week.
Search Interest
75 people have searched for EQT on MarketBeat in the last 30 days. This is an increase of 121% compared to the previous 30 days.
MarketBeat Follows
28 people have added EQT to their MarketBeat watchlist in the last 30 days. This is an increase of 75% 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 112.20% in the coming year, from $3.77 to $8.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EQT is -16.81, 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 -16.81, 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 0.24. 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 1.86. 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.

EQT Stock Up 4.3 %

Shares of NYSE:EQT traded up $1.94 during midday trading on Tuesday, reaching $47.19. 7,709,384 shares of the company were exchanged, compared to its average volume of 8,783,415. The firm has a market cap of $17.46 billion, a PE ratio of -17.35, a P/E/G ratio of 0.24 and a beta of 1.19. EQT has a fifty-two week low of $15.71 and a fifty-two week high of $50.41. The stock has a fifty day simple moving average of $40.00 and a two-hundred day simple moving average of $35.97. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.51.

EQT (NYSE:EQT - Get Rating) last released its quarterly earnings results on Wednesday, July 27th. The oil and gas producer reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.32. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.63 billion. The business's revenue for the quarter was up 61.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 EPS. As a group, sell-side analysts forecast that EQT will post 3.77 earnings per share for the current year.

EQT Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Tuesday, August 9th will be paid a dividend of $0.15 per share. This is a boost from EQT's previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Monday, August 8th. EQT's dividend payout ratio (DPR) is currently -22.06%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Piper Sandler raised their price objective on shares of EQT from $58.00 to $59.00 and gave the company an "overweight" rating in a research note on Friday, July 22nd. Scotiabank assumed coverage on EQT in a research note on Wednesday, August 3rd. They set an "outperform" rating and a $54.00 price objective for the company. Mizuho reduced their target price on EQT from $65.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, July 19th. Citigroup reaffirmed a "buy" rating and issued a $48.00 price target on shares of EQT in a research note on Thursday, July 21st. Finally, TD Securities lifted their price objective on shares of EQT from $47.00 to $49.00 and gave the stock a "buy" rating in a research note on Friday, April 29th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $52.83.

Receive EQT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EQT and its competitors with MarketBeat's FREE daily newsletter.

EQT Stock News Headlines

August 17, 2022 | bloomberg.com

OTPP, FountainVest Vie for EQT's Stake in Packaging Firm GPA Global, Sources Say - Bloomberg

August 16, 2022 | nasdaq.com

EQT makes buy-out offer for Karo Pharma - Nasdaq

August 16, 2022 | bizjournals.com

20 People to Know in Energy: Caine Finnerty, president, COO, founder, director, Watt Fuel Cell

August 13, 2022 | americanbankingnews.com

Brokerages Set EQT Co. (NYSE:EQT) Price Target at $52.83

August 12, 2022 | businessinsider.com

Banker of the Week: Kasper Knokgaard, partner, EQT - Business Insider

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive EQT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EQT and its competitors with MarketBeat's FREE daily newsletter.

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: 8/17/2022
Dividend Payable: 9/01/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

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: +12.8%
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: 12.42
P/E Growth: 0.24
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: 5.65
Cash Flow: $5.60 per share
Price / Cash Flow: 8.37
Book Value: $24.57 per share
Price / Book: 1.91

Miscellaneous

Outstanding Shares: 369,960,000
Free Float: 368,181,000
Market Cap: $17.33 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 year. 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 1 year price objectives for EQT's stock. Their EQT share price forecasts range from $31.00 to $62.00. On average, they expect the company's share price to reach $52.83 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for EQT or view top-rated stocks among Wall Street analysts.
How have EQT shares performed in 2022?: EQT's stock was trading at $21.81 on January 1st, 2022. Since then, EQT stock has increased by 116.4% and is now trading at $47.19.
View the best growth stocks for 2022 here.
When is EQT's next earnings date?: The company 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) released its earnings results on Wednesday, July, 27th. The oil and gas producer reported $0.83 earnings per share (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 analyst estimates of $1.63 billion. EQT's quarterly revenue was up 61.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 earnings per share.
How often does EQT pay dividends? What is the dividend yield for EQT?: EQT declared a quarterly dividend on Wednesday, July 20th. Shareholders of record on Tuesday, August 9th will be paid a dividend of $0.15 per share on Thursday, September 1st. This represents a $0.60 annualized dividend and a yield of 1.27%. 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 $0.60 per share and currently has a dividend yield of 1.33%.
Read our dividend analysis for EQT.
How will EQT's stock buyback program work?: 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 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase 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 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 a variety of institutional and retail investors. Top institutional shareholders include Clearbridge Investments LLC (2.90%), PointState Capital LP (1.60%), Renaissance Technologies LLC (1.20%), Northern Trust Corp (0.78%), Contrarius Investment Management Ltd (0.62%) and Van ECK Associates Corp (0.51%). 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 $47.19.
How much money does EQT make?: EQT (NYSE:EQT) has a market capitalization of $17.46 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?: The company 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 8/17/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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