Zacks Research Issues Optimistic Estimate for EQT Earnings

EQT Co. (NYSE:EQT) – Research analysts at Zacks Research lifted their FY2025 earnings estimates for EQT in a report released on Monday, March 24th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $2.72 for the year, up from their previous estimate of $2.71. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s Q2 2026 earnings at $1.20 EPS, Q3 2026 earnings at $0.81 EPS and FY2026 earnings at $3.58 EPS.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $1.81 billion.

A number of other equities analysts have also issued reports on EQT. Citigroup upped their target price on EQT from $51.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, March 17th. Sanford C. Bernstein raised shares of EQT from a “market perform” rating to an “outperform” rating and set a $73.00 price target on the stock in a report on Wednesday, January 15th. Jefferies Financial Group raised their price objective on shares of EQT from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Morgan Stanley restated an “overweight” rating and issued a $67.00 target price (up previously from $63.00) on shares of EQT in a research note on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on EQT from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Thursday, March 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $55.11.

EQT Stock Performance

EQT stock opened at $53.07 on Thursday. 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’s fifty day moving average price is $51.38 and its 200 day moving average price is $44.84. The company has a market capitalization of $31.71 billion, a price-to-earnings ratio of 132.68, a price-to-earnings-growth ratio of 0.64 and a beta of 1.12. EQT has a 12-month low of $30.02 and a 12-month high of $56.66.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EQT. Wellington Management Group LLP grew its position in EQT by 38.7% in the third quarter. Wellington Management Group LLP now owns 74,153,050 shares of the oil and gas producer’s stock valued at $2,716,968,000 after acquiring an additional 20,700,921 shares during the period. State Street Corp grew its holdings in shares of EQT by 24.5% in the 3rd quarter. State Street Corp now owns 37,095,597 shares of the oil and gas producer’s stock worth $1,359,183,000 after purchasing an additional 7,290,822 shares during the last quarter. Invesco Ltd. grew its holdings in shares of EQT by 46.3% in the 4th quarter. Invesco Ltd. now owns 13,143,774 shares of the oil and gas producer’s stock worth $606,059,000 after purchasing an additional 4,162,065 shares during the last quarter. Geode Capital Management LLC lifted its holdings in EQT by 34.4% during the 3rd quarter. Geode Capital Management LLC now owns 13,997,574 shares of the oil and gas producer’s stock valued at $511,159,000 after purchasing an additional 3,582,418 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in EQT by 386.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,347,660 shares of the oil and gas producer’s stock valued at $205,830,000 after buying an additional 3,454,741 shares in the last quarter. Institutional investors own 90.81% of the company’s stock.

EQT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.1575 dividend. This represents a $0.63 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. EQT’s dividend payout ratio (DPR) is presently 157.50%.

About EQT

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.