EQT Co. Announces Quarterly Dividend of $0.03 (EQT)
EQT (NYSE:EQT) announced a quarterly dividend on Wednesday, July 9th, AnalystRatings.Net reports. Investors of record on Friday, August 15th will be paid a dividend of 0.03 per share on Monday, September 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.11%.
A number of research firms have recently commented on EQT. Analysts at Zacks upgraded shares of EQT from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 3rd. They now have a $128.00 price target on the stock. Finally, analysts at Maxim Group raised their price target on shares of EQT from $125.00 to $135.00 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $116.78.
EQT (NYSE:EQT) traded up 0.41% on Wednesday, hitting $105.75. The stock had a trading volume of 963,549 shares. EQT has a 52-week low of $80.10 and a 52-week high of $111.47. The stock’s 50-day moving average is $105.7 and its 200-day moving average is $100.2. The company has a market cap of $16.048 billion and a P/E ratio of 33.17.
EQT (NYSE:EQT) last announced its earnings results on Thursday, April 24th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.49. The company had revenue of $661.63 million for the quarter, compared to the consensus estimate of $563.06 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 59.1% on a year-over-year basis. On average, analysts predict that EQT will post $4.07 earnings per share for the current fiscal year.
EQT Corporation (NYSE:EQT) conducts its business through three business segments: EQT Production, EQT Midstream and Distribution.
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