Zacks Research Issues Positive Outlook for EQT Earnings

EQT Co. (NYSE:EQT) – Zacks Research raised their Q3 2026 earnings estimates for shares of EQT in a report issued on Thursday, November 21st. Zacks Research analyst R. Department now anticipates that the oil and gas producer will earn $0.66 per share for the quarter, up from their prior forecast of $0.56. The consensus estimate for EQT’s current full-year earnings is $1.35 per share.

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

A number of other equities research analysts have also recently issued reports on the company. Bank of America assumed coverage on EQT in a research note on Monday, October 28th. They set a “buy” rating and a $50.00 price objective on the stock. BMO Capital Markets lifted their price objective on shares of EQT from $39.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, October 4th. UBS Group boosted their price objective on EQT from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Mizuho upped their price target on EQT from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $45.00 target price on shares of EQT in a research report on Friday, September 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $42.83.

EQT Trading Down 2.1 %

Shares of NYSE:EQT opened at $45.92 on Monday. The firm has a market cap of $27.40 billion, a price-to-earnings ratio of 54.67 and a beta of 1.06. The company’s fifty day simple moving average is $38.20 and its 200 day simple moving average is $36.96. EQT has a 12 month low of $30.02 and a 12 month high of $48.02. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.65.

EQT Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Cetera Investment Advisers acquired a new stake in EQT in the first quarter valued at approximately $2,274,000. Swiss National Bank raised its stake in shares of EQT by 35.3% during the third quarter. Swiss National Bank now owns 1,677,261 shares of the oil and gas producer’s stock valued at $61,455,000 after purchasing an additional 437,602 shares in the last quarter. Swedbank AB acquired a new stake in EQT in the first quarter worth approximately $4,073,000. Virtu Financial LLC boosted its position in shares of EQT by 184.3% during the 1st quarter. Virtu Financial LLC now owns 53,138 shares of the oil and gas producer’s stock valued at $1,970,000 after purchasing an additional 34,446 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of EQT by 71.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 215,158 shares of the oil and gas producer’s stock worth $7,883,000 after acquiring an additional 89,866 shares in the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

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.