Zacks Research Issues Positive Outlook for EQT Earnings

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

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

Other research analysts have also issued research reports about the stock. UBS Group upped their price objective on shares of 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 price objective on EQT from $37.00 to $39.00 and gave the company an “overweight” rating in a research report on Thursday, September 26th. BMO Capital Markets upped their target price on EQT from $39.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, October 4th. Mizuho lifted their price target on shares of EQT from $41.00 to $45.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Finally, Stephens increased their price objective on shares of EQT from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $42.83.

EQT Trading Down 2.1 %

Shares of EQT stock opened at $45.92 on Monday. The company has a market cap of $27.40 billion, a price-to-earnings ratio of 54.67 and a beta of 1.06. EQT has a 1 year low of $30.02 and a 1 year high of $48.02. The company’s fifty day simple moving average is $38.20 and its 200-day simple moving average is $36.96. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65.

EQT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 6th will be paid a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Wednesday, November 6th. EQT’s dividend payout ratio is currently 75.00%.

Institutional Trading of EQT

Large investors have recently made changes to their positions in the business. HM Payson & Co. bought a new stake in EQT during the 3rd quarter worth about $25,000. Innealta Capital LLC acquired a new position in shares of EQT during the second quarter worth approximately $28,000. Truvestments Capital LLC acquired a new stake in shares of EQT in the third quarter valued at approximately $30,000. Quarry LP raised its position in EQT by 184.7% in the 3rd quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 578 shares during the last quarter. Finally, Hexagon Capital Partners LLC lifted its holdings in EQT by 18,080.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 909 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 904 shares in the last quarter. Institutional investors 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.