Research Analysts Offer Predictions for EQT Q1 Earnings

EQT Co. (NYSE:EQT) – Research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for EQT in a report issued on Tuesday, April 22nd. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s FY2025 earnings at $2.81 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $0.79 EPS, Q1 2027 earnings at $1.15 EPS and FY2027 earnings at $4.93 EPS.

Several other equities research analysts have also commented on the stock. The Goldman Sachs Group restated a “reduce” rating on shares of EQT in a research note on Wednesday, February 12th. Truist Financial lifted their target price on EQT from $41.00 to $56.00 and gave the company a “hold” rating in a research note on Monday, January 13th. StockNews.com lowered EQT from a “hold” rating to a “sell” rating in a report on Monday, April 7th. Scotiabank downgraded shares of EQT from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $55.00 to $54.00 in a report on Friday, January 17th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $49.00 target price on shares of EQT in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and an average target price of $55.39.

EQT Stock Up 0.2 %

EQT stock opened at $48.84 on Wednesday. The stock has a market cap of $29.18 billion, a PE ratio of 122.10, a price-to-earnings-growth ratio of 0.64 and a beta of 1.35. The firm’s 50-day simple moving average is $50.37 and its 200 day simple moving average is $46.92. EQT has a fifty-two week low of $30.02 and a fifty-two week high of $56.66. The company has a quick ratio of 0.51, a current ratio of 0.70 and a debt-to-equity ratio of 0.37.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, April 22nd. The oil and gas producer reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.20. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.16 billion. EQT had a return on equity of 4.35% and a net margin of 4.37%.

Institutional Investors Weigh In On EQT

Hedge funds have recently made changes to their positions in the company. Confluence Wealth Services Inc. purchased a new stake in shares of EQT in the first quarter valued at $242,000. Allspring Global Investments Holdings LLC lifted its stake in EQT by 7.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,658,814 shares of the oil and gas producer’s stock worth $251,017,000 after acquiring an additional 311,154 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in EQT by 5.8% during the 1st quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 665,742 shares of the oil and gas producer’s stock worth $35,571,000 after acquiring an additional 36,687 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in EQT by 40.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,252 shares of the oil and gas producer’s stock valued at $3,989,000 after acquiring an additional 21,697 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of EQT by 3.9% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 5,783 shares of the oil and gas producer’s stock valued at $309,000 after purchasing an additional 219 shares during the period. Hedge funds and other institutional investors own 90.81% of the company’s stock.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th will be given a $0.1575 dividend. This represents a $0.63 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, May 7th. EQT’s dividend payout ratio (DPR) is currently 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.