Zacks Research Issues Optimistic Estimate for EQT Earnings

EQT Corporation (NYSE:EQT) – Equities researchers at Zacks Research boosted their Q1 2027 EPS estimates for shares of EQT in a note issued to investors on Friday, May 29th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings of $1.42 per share for the quarter, up from their previous forecast of $1.22. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.63 per share. Zacks Research also issued estimates for EQT’s Q2 2027 earnings at $1.06 EPS and FY2028 earnings at $5.71 EPS.

EQT has been the subject of several other research reports. Wells Fargo & Company boosted their target price on shares of EQT from $70.00 to $79.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Morgan Stanley boosted their target price on shares of EQT from $69.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Jefferies Financial Group reissued a “buy” rating on shares of EQT in a research report on Sunday, April 26th. Sanford C. Bernstein dropped their target price on shares of EQT from $73.00 to $69.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Finally, Barclays boosted their target price on shares of EQT from $67.00 to $69.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $68.83.

EQT Price Performance

EQT opened at $54.91 on Monday. The company has a 50-day moving average of $59.31 and a 200-day moving average of $57.93. The company has a market capitalization of $34.35 billion, a P/E ratio of 10.42 and a beta of 0.55. EQT has a 1-year low of $48.47 and a 1-year high of $68.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 0.66.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.32. EQT had a net margin of 31.94% and a return on equity of 9.74%. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the previous year, the firm posted $1.18 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EQT. Caxton Associates LLP acquired a new position in EQT during the 1st quarter valued at about $256,000. Focus Partners Wealth boosted its stake in EQT by 9.0% during the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after purchasing an additional 1,789 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its stake in EQT by 495.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after purchasing an additional 106,545 shares during the period. Captrust Financial Advisors boosted its stake in EQT by 39.4% during the 2nd quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock valued at $1,786,000 after purchasing an additional 8,658 shares during the period. Finally, Wellington Shields & Co. LLC boosted its stake in EQT by 17.9% during the 3rd quarter. Wellington Shields & Co. LLC now owns 9,200 shares of the oil and gas producer’s stock valued at $501,000 after purchasing an additional 1,400 shares during the period. 90.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Lesley Evancho sold 20,000 shares of EQT stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the completion of the transaction, the insider directly owned 184,607 shares of the company’s stock, valued at approximately $11,203,798.83. The trade was a 9.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $59.80, for a total transaction of $246,136.80. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 28,992 shares of company stock valued at $1,774,390. Company insiders own 0.72% of the company’s stock.

EQT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 6th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, May 6th. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. EQT’s payout ratio is 12.52%.

About EQT

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.