Zacks Research Has Pessimistic Outlook of AM FY2027 Earnings

Antero Midstream Co. (NYSE:AM - Free Report) - Zacks Research dropped their FY2027 earnings estimates for Antero Midstream in a research report issued to clients and investors on Friday, April 25th. Zacks Research analyst R. Department now expects that the pipeline company will post earnings of $1.07 per share for the year, down from their prior estimate of $1.09. The consensus estimate for Antero Midstream's current full-year earnings is $0.95 per share.

Antero Midstream (NYSE:AM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Antero Midstream had a net margin of 36.24% and a return on equity of 18.82%.

Other analysts have also issued research reports about the stock. Wells Fargo & Company increased their price target on shares of Antero Midstream from $16.00 to $17.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd.

Antero Midstream Price Performance

AM stock opened at $16.88 on Monday. The company's 50-day moving average price is $16.93 and its two-hundred day moving average price is $16.01. The firm has a market cap of $8.08 billion, a P/E ratio of 20.34 and a beta of 1.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. Antero Midstream has a 12 month low of $13.12 and a 12 month high of $18.49.

Antero Midstream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend is Wednesday, April 23rd. Antero Midstream's payout ratio is 108.43%.

Institutional Investors Weigh In On Antero Midstream

A number of hedge funds and other institutional investors have recently bought and sold shares of AM. KBC Group NV grew its holdings in shares of Antero Midstream by 18.5% during the first quarter. KBC Group NV now owns 17,628 shares of the pipeline company's stock worth $317,000 after purchasing an additional 2,757 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Antero Midstream during the 1st quarter worth approximately $529,000. Diversified Trust Co acquired a new position in Antero Midstream in the 1st quarter valued at approximately $495,000. Chung Wu Investment Group LLC raised its stake in shares of Antero Midstream by 1.1% during the first quarter. Chung Wu Investment Group LLC now owns 128,860 shares of the pipeline company's stock valued at $2,319,000 after acquiring an additional 1,360 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Antero Midstream by 6.5% during the first quarter. Sequoia Financial Advisors LLC now owns 16,034 shares of the pipeline company's stock worth $289,000 after purchasing an additional 975 shares during the period. Institutional investors own 53.97% of the company's stock.

Antero Midstream Company Profile

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.

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