EQT - EQT Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EQT in the last year. 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 brokerages have issued 1-year price objectives for EQT's shares. Their EQT share price forecasts range from $37.00 to $74.00. On average, they expect the company's share price to reach $52.29 in the next year. This suggests a possible upside of 63.9% 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 at the beginning of 2023. Since then, EQT shares have decreased by 5.7% and is now trading at $31.91.
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EQT saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 17,660,000 shares, a drop of 11.0% from the February 28th total of 19,840,000 shares. Based on an average trading volume of 6,900,000 shares, the days-to-cover ratio is presently 2.6 days.
View EQT's Short Interest.

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) released its quarterly earnings results on Wednesday, February, 15th. The oil and gas producer reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.10. The oil and gas producer had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.36 billion. EQT's quarterly revenue was down 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS.

EQT announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 21st will be paid a dividend of $0.15 per share on Wednesday, March 1st. This represents a $0.60 dividend on an annualized basis and a yield of 1.88%. 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), Invesco Dynamic Energy Exploration & Production ETF (PXE), AltShares Event-Driven ET (EVNT), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Invesco DWA Utilities Momentum ETF (PUI).

EQT (NYSE:EQT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.91%. 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 10.49% 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 initiated a share buyback program on Monday, December 13th 2021, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 13.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management 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."

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 $31.91.

EQT (NYSE:EQT) has a market capitalization of $11.50 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.