Zacks Research Issues Positive Forecast for EQT Earnings

EQT Co. (NYSE:EQT) – Analysts at Zacks Research boosted their Q3 2026 EPS estimates for EQT in a report released on Thursday, November 21st. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings of $0.66 per share for the quarter, up from their previous estimate of $0.56. The consensus estimate for EQT’s current full-year earnings is $1.35 per share.

Several other research analysts have also recently commented on EQT. Piper Sandler raised their target price on shares of EQT from $32.00 to $34.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Bank of America assumed coverage on shares of EQT in a research note on Monday, October 28th. They issued a “buy” rating and a $50.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of EQT from $37.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, September 26th. Citigroup raised EQT from a “neutral” rating to a “buy” rating and raised their target price for the stock from $37.00 to $44.00 in a research report on Thursday, October 3rd. Finally, BMO Capital Markets lifted their price target on EQT from $39.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

EQT Trading Up 0.1 %

Shares of EQT opened at $45.95 on Monday. The business’s 50-day moving average price is $38.45 and its 200 day moving average price is $37.00. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $27.42 billion, a P/E ratio of 54.70 and a beta of 1.06. EQT has a 1-year low of $30.02 and a 1-year high of $48.02.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, October 29th. The oil and gas producer reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.06. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.35 billion. EQT had a return on equity of 3.74% and a net margin of 5.52%. The company’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $0.30 EPS.

Institutional Investors Weigh In On EQT

A number of large investors have recently bought and sold shares of EQT. Wellington Management Group LLP lifted its position in shares of 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 worth $2,716,968,000 after buying an additional 20,700,921 shares during the last quarter. Modera Wealth Management LLC bought a new position in shares of EQT in the 3rd quarter valued at approximately $562,494,000. State Street Corp lifted its holdings in 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. Geode Capital Management LLC lifted its holdings in EQT by 34.4% in the 3rd quarter. Geode Capital Management LLC now owns 13,997,574 shares of the oil and gas producer’s stock worth $511,159,000 after purchasing an additional 3,582,418 shares during the last quarter. Finally, Holocene Advisors LP bought a new stake in EQT during the third quarter worth approximately $97,979,000. 90.81% of the stock is currently owned by institutional investors.

EQT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 6th will be issued a dividend of $0.1575 per share. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.37%. EQT’s dividend payout ratio is currently 75.00%.

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.