Zacks Research Brokers Increase Earnings Estimates for AM

Antero Midstream Co. (NYSE:AM - Free Report) - Research analysts at Zacks Research upped their Q1 2025 EPS estimates for shares of Antero Midstream in a report released on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the pipeline company will post earnings per share of $0.24 for the quarter, up from their previous estimate of $0.23. The consensus estimate for Antero Midstream's current full-year earnings is $0.95 per share.

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

AM has been the subject of several other research reports. Wells Fargo & Company upped their price target on shares of Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. StockNews.com lowered shares of Antero Midstream from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th.

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Antero Midstream Stock Up 0.4 %

Shares of AM traded up $0.07 on Friday, hitting $18.01. The company's stock had a trading volume of 2,891,503 shares, compared to its average volume of 3,540,049. The firm's fifty day moving average price is $16.69 and its 200-day moving average price is $15.77. Antero Midstream has a fifty-two week low of $13.12 and a fifty-two week high of $18.30. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 21.70 and a beta of 2.33.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Antero Midstream during the 4th quarter worth about $62,578,000. SIR Capital Management L.P. acquired a new position in Antero Midstream during the fourth quarter valued at approximately $35,058,000. Balyasny Asset Management L.P. grew its stake in Antero Midstream by 7,769.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,028,014 shares of the pipeline company's stock valued at $15,513,000 after purchasing an additional 1,014,951 shares in the last quarter. Northern Trust Corp increased its position in shares of Antero Midstream by 22.5% during the 4th quarter. Northern Trust Corp now owns 4,105,379 shares of the pipeline company's stock worth $61,950,000 after purchasing an additional 753,939 shares during the last quarter. Finally, FMR LLC raised its stake in shares of Antero Midstream by 121.9% during the 3rd quarter. FMR LLC now owns 1,092,755 shares of the pipeline company's stock worth $16,446,000 after purchasing an additional 600,208 shares in the last quarter. Institutional investors own 53.97% of the company's stock.

Antero Midstream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date was Wednesday, January 29th. Antero Midstream's dividend payout ratio is presently 108.43%.

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.