Analysts Issue Forecasts for EQT’s Q1 Earnings (NYSE:EQT)

EQT Co. (NYSE:EQT) – Investment analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of EQT in a research report issued on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will earn $0.85 per share for the quarter, up from their previous 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.

A number of other equities research analysts have also weighed in on the stock. Stephens raised shares of EQT from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $41.00 to $59.00 in a report on Tuesday, March 18th. Royal Bank of Canada reiterated a “sector perform” rating and set a $49.00 price target on shares of EQT in a research note on Monday, January 6th. Piper Sandler raised their price objective on EQT from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, March 6th. Citigroup lifted their target price on EQT from $51.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, March 17th. Finally, Scotiabank downgraded shares of EQT from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $55.00 to $54.00 in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $54.50.

EQT Stock Down 2.5 %

NYSE:EQT opened at $52.89 on Wednesday. The company’s 50 day moving average is $51.41 and its two-hundred day moving average is $44.64. The company has a market cap of $31.60 billion, a PE ratio of 132.23, a P/E/G ratio of 0.64 and a beta of 1.12. EQT has a twelve month low of $30.02 and a twelve month high of $56.66. The company has a current ratio of 0.70, a quick ratio of 0.51 and a debt-to-equity ratio of 0.37.

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

Institutional Investors Weigh In On EQT

Hedge funds have recently modified their holdings of the company. Thrivent Financial for Lutherans raised its holdings in EQT by 71.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 30,540 shares of the oil and gas producer’s stock worth $1,119,000 after purchasing an additional 12,723 shares during the period. Pathstone Holdings LLC increased its position in shares of EQT by 33.9% in the third quarter. Pathstone Holdings LLC now owns 75,051 shares of the oil and gas producer’s stock valued at $2,750,000 after buying an additional 19,013 shares in the last quarter. Raymond James Trust N.A. raised its stake in shares of EQT by 27.2% during the 3rd quarter. Raymond James Trust N.A. now owns 14,264 shares of the oil and gas producer’s stock worth $523,000 after buying an additional 3,050 shares during the period. Great Valley Advisor Group Inc. purchased a new position in shares of EQT during the 3rd quarter valued at approximately $209,000. Finally, Cerity Partners LLC grew its stake in EQT by 51.4% in the 3rd quarter. Cerity Partners LLC now owns 36,754 shares of the oil and gas producer’s stock valued at $1,347,000 after acquiring an additional 12,480 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

EQT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.1575 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.63 dividend on an annualized basis and a yield of 1.19%. EQT’s payout ratio is 157.50%.

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.