EQT Co. (NYSE:EQT – Free Report) – Zacks Research upped their Q1 2025 earnings per share estimates for shares of EQT in a report issued on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will earn $0.85 per share for the quarter, up from their prior forecast of $0.83. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s Q2 2025 earnings at $0.43 EPS, Q1 2026 earnings at $1.47 EPS and FY2027 earnings at $5.04 EPS.
A number of other research analysts have also recently commented on the company. Citigroup increased their target price on EQT from $51.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, March 17th. Piper Sandler raised their price objective on EQT from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, March 6th. Wells Fargo & Company upped their target price on EQT from $53.00 to $58.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 19th. Morgan Stanley reissued an “overweight” rating and set a $67.00 price target (up from $63.00) on shares of EQT in a research note on Wednesday. Finally, StockNews.com raised shares of EQT from a “sell” rating to a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, EQT has a consensus rating of “Moderate Buy” and a consensus target price of $55.11.
EQT Price Performance
Shares of NYSE:EQT opened at $52.30 on Wednesday. EQT has a one year low of $30.02 and a one year high of $56.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.70 and a quick ratio of 0.51. The firm has a market capitalization of $31.24 billion, a price-to-earnings ratio of 130.74, a PEG ratio of 0.64 and a beta of 1.12. The company’s fifty day moving average price is $51.38 and its 200-day moving average price is $44.70.
EQT (NYSE:EQT – Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.19. EQT had a net margin of 4.37% and a return on equity of 4.35%. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Truvestments Capital LLC purchased a new position in shares of EQT during the third quarter valued at about $30,000. Quarry LP grew its holdings in shares of EQT by 184.7% during the 3rd quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 578 shares during the period. University of Texas Texas AM Investment Management Co. raised its position in shares of EQT by 47.7% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 960 shares of the oil and gas producer’s stock worth $44,000 after acquiring an additional 310 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of EQT by 26.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 976 shares of the oil and gas producer’s stock valued at $45,000 after purchasing an additional 205 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of EQT during the third quarter valued at approximately $36,000. 90.81% of the stock is currently owned by institutional investors.
EQT Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Tuesday, February 18th. EQT’s payout ratio is 157.50%.
EQT Company Profile
EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.
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