Zacks Research Issues Pessimistic Estimate for AM Earnings

Antero Midstream Co. (NYSE:AM - Free Report) - Stock analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for shares of Antero Midstream in a research note issued to investors on Monday, November 25th. Zacks Research analyst R. Department now expects that the pipeline company will post earnings per share of $0.23 for the quarter, down from their prior forecast of $0.24. The consensus estimate for Antero Midstream's current full-year earnings is $0.83 per share.

A number of other equities research analysts have also weighed in on AM. StockNews.com lowered Antero Midstream from a "buy" rating to a "hold" rating in a research note on Monday, August 5th. Morgan Stanley raised their price objective on Antero Midstream from $15.00 to $16.00 and gave the company an "underweight" rating in a research note on Tuesday, August 27th.

Antero Midstream Stock Down 0.7 %

Shares of NYSE:AM traded down $0.10 during mid-day trading on Wednesday, hitting $15.77. 2,005,286 shares of the company traded hands, compared to its average volume of 2,676,758. The firm has a market cap of $7.59 billion, a P/E ratio of 19.62 and a beta of 2.35. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.09 and a current ratio of 1.09. Antero Midstream has a 52-week low of $11.58 and a 52-week high of $15.90. The firm's 50 day simple moving average is $15.22 and its 200 day simple moving average is $14.78.

Hedge Funds Weigh In On Antero Midstream

Institutional investors and hedge funds have recently bought and sold shares of the business. Linden Thomas Advisory Services LLC purchased a new position in Antero Midstream during the 2nd quarter valued at about $526,000. Van ECK Associates Corp lifted its holdings in shares of Antero Midstream by 98.6% during the 3rd quarter. Van ECK Associates Corp now owns 173,266 shares of the pipeline company's stock valued at $2,564,000 after buying an additional 86,001 shares during the last quarter. Cetera Advisors LLC lifted its holdings in Antero Midstream by 608.8% in the 1st quarter. Cetera Advisors LLC now owns 150,842 shares of the pipeline company's stock worth $2,121,000 after purchasing an additional 129,561 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Antero Midstream by 10.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 358,928 shares of the pipeline company's stock worth $5,402,000 after purchasing an additional 34,222 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its holdings in Antero Midstream by 5.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,359,310 shares of the pipeline company's stock worth $49,516,000 after purchasing an additional 184,911 shares during the last quarter. Hedge funds and other institutional investors own 53.97% of the company's stock.

Insider Buying and Selling at Antero Midstream

In related news, Director Brooks J. Klimley sold 10,000 shares of Antero Midstream stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $14.66, for a total value of $146,600.00. Following the transaction, the director now owns 74,100 shares of the company's stock, valued at approximately $1,086,306. This trade represents a 11.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Antero Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.71%. The ex-dividend date was Wednesday, October 23rd. Antero Midstream's dividend payout ratio (DPR) is presently 111.11%.

About Antero Midstream

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.