Zacks Research Issues Positive Forecast for EQT Earnings

EQT Co. (NYSE:EQT) – Equities research analysts at Zacks Research upped their Q3 2026 earnings estimates for EQT in a report released on Thursday, November 21st. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings per share of $0.66 for the quarter, up from their previous estimate of $0.56. The consensus estimate for EQT’s current full-year earnings is $1.35 per share.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley upped their target price on shares of EQT from $45.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday. BMO Capital Markets increased their target price on EQT from $39.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, October 4th. UBS Group upped their price target on EQT from $40.00 to $42.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. boosted their target price on shares of EQT from $37.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, September 26th. Finally, Piper Sandler raised their price target on shares of EQT from $32.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

EQT Trading Up 0.1 %

EQT opened at $45.95 on Monday. EQT has a 12-month low of $30.02 and a 12-month high of $48.02. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a market capitalization of $27.42 billion, a PE ratio of 54.70 and a beta of 1.06. The firm’s fifty day moving average price is $38.45 and its 200 day moving average price is $37.00.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, October 29th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.35 billion. EQT had a net margin of 5.52% and a return on equity of 3.74%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS.

Institutional Investors Weigh In On EQT

Several institutional investors have recently bought and sold shares of EQT. Synovus Financial Corp bought a new stake in shares of EQT during the 3rd quarter worth about $1,069,000. Tidal Investments LLC raised its holdings in EQT by 55.8% during the third quarter. Tidal Investments LLC now owns 60,816 shares of the oil and gas producer’s stock worth $2,228,000 after purchasing an additional 21,789 shares in the last quarter. Blankinship & Foster LLC acquired a new stake in EQT in the third quarter worth approximately $4,051,000. Wilmington Savings Fund Society FSB bought a new position in EQT during the 3rd quarter valued at $165,000. Finally, Sanctuary Advisors LLC increased its position in shares of EQT by 104.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 63,507 shares of the oil and gas producer’s stock valued at $2,327,000 after purchasing an additional 32,484 shares during the period. Institutional investors and hedge funds own 90.81% of the company’s stock.

EQT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 6th will be issued a dividend of $0.1575 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Wednesday, November 6th. EQT’s dividend payout ratio (DPR) is 75.00%.

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.