Equities Analysts Issue Forecasts for EQT Co.’s Q1 2025 Earnings (NYSE:EQT)

EQT Co. (NYSE:EQT) – Investment analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of EQT in a report issued on Friday, April 19th. Zacks Research analyst D. Bhowal now expects that the oil and gas producer will post earnings of $1.48 per share for the quarter, up from their prior estimate of $1.27. The consensus estimate for EQT’s current full-year earnings is $1.07 per share.

Several other analysts have also weighed in on EQT. Wells Fargo & Company lowered EQT from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $48.00 to $37.00 in a report on Wednesday, April 17th. The Goldman Sachs Group dropped their target price on EQT from $48.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, April 2nd. StockNews.com raised EQT to a “sell” rating in a research report on Tuesday, March 12th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $46.00 target price on shares of EQT in a research report on Tuesday, March 5th. Finally, Scotiabank raised EQT from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $40.00 to $52.00 in a research report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, EQT presently has a consensus rating of “Hold” and a consensus price target of $43.38.

EQT Price Performance

Shares of EQT opened at $37.98 on Monday. The company has a market cap of $16.73 billion, a P/E ratio of 8.94 and a beta of 1.12. The stock has a fifty day moving average price of $36.06 and a 200 day moving average price of $37.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.99 and a quick ratio of 0.99. EQT has a 12 month low of $30.84 and a 12 month high of $45.23.

EQT (NYSE:EQT) last issued its quarterly earnings results on Tuesday, February 13th. The oil and gas producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. EQT had a return on equity of 7.12% and a net margin of 25.12%. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the business earned $0.42 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis.

EQT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 1st. Stockholders of record on Wednesday, May 8th will be issued a dividend of $0.1575 per share. This represents a $0.63 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, May 7th. EQT’s payout ratio is presently 14.82%.

Institutional Trading of EQT

Several institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its holdings in shares of EQT by 6.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 52,883,676 shares of the oil and gas producer’s stock worth $2,044,484,000 after purchasing an additional 3,159,700 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of EQT by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 46,922,862 shares of the oil and gas producer’s stock worth $1,814,038,000 after purchasing an additional 2,023,222 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of EQT by 3.2% during the 4th quarter. Wellington Management Group LLP now owns 20,320,219 shares of the oil and gas producer’s stock worth $785,580,000 after purchasing an additional 632,625 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in EQT by 6.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 18,037,923 shares of the oil and gas producer’s stock valued at $731,979,000 after buying an additional 1,098,211 shares in the last quarter. Finally, Capital World Investors boosted its stake in EQT by 1.5% in the 4th quarter. Capital World Investors now owns 17,425,711 shares of the oil and gas producer’s stock valued at $673,678,000 after buying an additional 265,297 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

EQT Company Profile

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.