Zacks Research Has Optimistic Outlook of EQT Q1 Earnings

EQT Co. (NYSE:EQT - Free Report) - Stock analysts at Zacks Research raised their Q1 2025 earnings per share estimates for EQT in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings of $0.83 per share for the quarter, up from their prior estimate of $0.72. 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 $0.44 EPS, Q3 2025 earnings at $0.54 EPS, Q4 2025 earnings at $0.90 EPS, Q1 2026 earnings at $1.46 EPS, Q2 2026 earnings at $1.21 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $3.57 EPS.

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. The company had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.81 billion. EQT had a return on equity of 4.35% and a net margin of 4.37%.

Other analysts have also issued research reports about the company. Scotiabank lowered EQT from a "sector outperform" rating to a "sector perform" rating and dropped their target price for the stock from $55.00 to $54.00 in a report on Friday, January 17th. Mizuho upgraded EQT from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $48.00 to $57.00 in a report on Monday, December 16th. Citigroup upped their target price on EQT from $44.00 to $51.00 and gave the stock a "buy" rating in a report on Friday, December 6th. UBS Group upped their target price on EQT from $54.00 to $58.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley upped their target price on EQT from $45.00 to $56.00 and gave the stock an "overweight" rating in a report on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, EQT presently has an average rating of "Hold" and an average price target of $52.44.

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EQT Stock Up 1.7 %

Shares of EQT stock traded up $0.80 on Thursday, hitting $46.96. 9,479,347 shares of the stock were exchanged, compared to its average volume of 8,826,783. The company has a current ratio of 0.70, a quick ratio of 0.51 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $28.06 billion, a P/E ratio of 117.40, a price-to-earnings-growth ratio of 0.64 and a beta of 1.12. The business has a 50-day moving average of $50.58 and a 200 day moving average of $43.03. EQT has a fifty-two week low of $30.02 and a fifty-two week high of $56.66.

Hedge Funds Weigh In On EQT

Institutional investors and hedge funds have recently made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of EQT in the third quarter valued at approximately $30,000. Quarry LP grew its position in shares of EQT by 184.7% in the third quarter. Quarry LP now owns 891 shares of the oil and gas producer's stock valued at $33,000 after purchasing an additional 578 shares during the last quarter. University of Texas Texas AM Investment Management Co. grew its position in shares of EQT by 47.7% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 960 shares of the oil and gas producer's stock valued at $44,000 after purchasing an additional 310 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in EQT by 26.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 976 shares of the oil and gas producer's stock worth $45,000 after buying an additional 205 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in EQT during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 90.81% of the company's stock.

EQT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.1575 dividend. This represents a $0.63 annualized dividend and a dividend yield of 1.34%. The ex-dividend date 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.