Zacks Research Issues Optimistic Outlook for EQT Earnings

EQT Co. (NYSE:EQT) – Stock analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of EQT in a research note issued on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings per share of $0.85 for the quarter, up from their prior forecast of $0.83. 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 $0.43 EPS, Q1 2026 earnings at $1.47 EPS and FY2027 earnings at $5.04 EPS.

EQT has been the topic of a number of other research reports. The Goldman Sachs Group restated a “reduce” rating on shares of EQT in a report on Wednesday, February 12th. Citigroup upped their target price on shares of EQT from $51.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, March 17th. Morgan Stanley reissued an “overweight” rating and set a $67.00 price target (up from $63.00) on shares of EQT in a research report on Wednesday. Wells Fargo & Company upped their price objective on shares of EQT from $53.00 to $58.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. lifted their target price on shares of EQT from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, March 13th. One equities 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 stock. Based on data from MarketBeat.com, EQT currently has a consensus rating of “Moderate Buy” and an average target price of $55.11.

EQT Price Performance

Shares of NYSE EQT opened at $52.30 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.51 and a current ratio of 0.70. The firm’s 50-day simple moving average is $51.38 and its 200 day simple moving average is $44.70. The stock has a market cap of $31.24 billion, a price-to-earnings ratio of 130.74, a PEG ratio of 0.64 and a beta of 1.12. EQT has a fifty-two week low of $30.02 and a fifty-two week high of $56.66.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.19. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. EQT had a net margin of 4.37% and a return on equity of 4.35%.

EQT Announces Dividend

The firm also recently declared 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 1.20%. The ex-dividend date of this dividend was Tuesday, February 18th. EQT’s dividend payout ratio (DPR) is currently 157.50%.

Institutional Trading of EQT

A number of institutional investors have recently modified their holdings of EQT. Wellington Management Group LLP lifted its position in shares of EQT by 38.7% during the third quarter. Wellington Management Group LLP now owns 74,153,050 shares of the oil and gas producer’s stock worth $2,716,968,000 after acquiring an additional 20,700,921 shares in the last quarter. Vanguard Group Inc. lifted its holdings in EQT by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 72,530,286 shares of the oil and gas producer’s stock worth $3,344,371,000 after purchasing an additional 358,649 shares in the last quarter. State Street Corp boosted its stake in EQT by 24.5% in the 3rd quarter. State Street Corp now owns 37,095,597 shares of the oil and gas producer’s stock worth $1,359,183,000 after purchasing an additional 7,290,822 shares during the period. Geode Capital Management LLC increased its position in shares of EQT by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 14,427,307 shares of the oil and gas producer’s stock valued at $663,552,000 after buying an additional 429,733 shares during the period. Finally, Capital International Investors increased its position in shares of EQT by 21.3% during the fourth quarter. Capital International Investors now owns 13,855,244 shares of the oil and gas producer’s stock valued at $638,867,000 after buying an additional 2,433,632 shares during the period. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

About EQT

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.