
EQT Corporation (NYSE:EQT – Free Report) – Research analysts at Zacks Research upped their Q1 2027 EPS estimates for EQT in a research report issued on Friday, August 28th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings per share of $1.47 for the quarter, up from their prior forecast of $1.46. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.96 per share. Zacks Research also issued estimates for EQT’s Q3 2027 earnings at $0.78 EPS, Q4 2027 earnings at $0.87 EPS, Q1 2028 earnings at $1.67 EPS, Q2 2028 earnings at $0.77 EPS and FY2028 earnings at $4.58 EPS.
EQT (NYSE:EQT – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.76 billion. EQT had a return on equity of 9.31% and a net margin of 28.44%.The business’s revenue was down 29.2% compared to the same quarter last year. During the same period last year, the company posted $0.45 earnings per share.
Get Our Latest Stock Analysis on EQT
EQT Trading Down 0.5%
Shares of EQT stock opened at $54.28 on Tuesday. The business has a fifty day simple moving average of $52.38 and a two-hundred day simple moving average of $56.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $33.95 billion, a price-to-earnings ratio of 12.59 and a beta of 0.58. EQT has a 1 year low of $47.94 and a 1 year high of $68.24.
Institutional Trading of EQT
Large investors have recently bought and sold shares of the business. Caxton Associates LLP bought a new stake in shares of EQT during the 1st quarter valued at about $256,000. Focus Partners Wealth lifted its stake in EQT by 9.0% in the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after buying an additional 1,789 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of 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 worth $7,468,000 after buying an additional 106,545 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of EQT by 39.4% during the 2nd quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock worth $1,786,000 after buying an additional 8,658 shares in the last quarter. Finally, Horizon Investments LLC boosted its holdings in shares of EQT by 43.6% during the 3rd quarter. Horizon Investments LLC now owns 85,502 shares of the oil and gas producer’s stock worth $4,640,000 after buying an additional 25,971 shares in the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at EQT
In related news, CEO Toby Z. Rice sold 175,328 shares of EQT stock in a transaction on Friday, August 14th. The shares were sold at an average price of $55.03, for a total transaction of $9,648,299.84. Following the completion of the transaction, the chief executive officer owned 2,157,865 shares of the company’s stock, valued at $118,747,310.95. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 274,042 shares of company stock worth $15,005,076 in the last ninety days. Corporate insiders own 0.72% of the company’s stock.
EQT Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 5th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 5th. EQT’s dividend payout ratio is currently 15.31%.
More EQT News
Here are the key news stories impacting EQT this week:
- Positive Sentiment: Zacks raised its EPS forecasts for EQT’s first quarter of 2027 to $1.47 from $1.46, third quarter of 2027 to $0.78 from $0.77, second quarter of 2028 to $0.77 from $0.68, and fiscal 2028 to $4.58 from $4.50. The higher long-term projections suggest somewhat improved expectations for the natural-gas producer.
- Neutral Sentiment: Zacks maintained a “Hold” rating on EQT and left the consensus estimate for the current fiscal year at $3.96 per share. This indicates that the estimate changes are not yet strong enough to prompt a more bullish recommendation.
- Neutral Sentiment: A separate report recapped analyst forecasts for EQT’s upcoming earnings, but did not identify a major change in the company’s outlook. Analysts Issue Forecasts for EQT’s Q3 Earnings
- Neutral Sentiment: A reported $3.2 billion combination involving Coller Capital and EQT’s €341 billion in assets under management appears to concern EQT AB, the private-markets firm, rather than EQT Corporation. It is therefore unlikely to materially affect NYSE:EQT. EQT Completes $3.2 Billion Coller Capital Combination
- Negative Sentiment: Zacks also reduced its EPS projections for EQT’s fourth quarter of 2027 to $0.87 from $0.90 and first quarter of 2028 to $1.67 from $1.72. These cuts partially offset the upgrades and reinforce uncertainty around future natural-gas pricing and production results.
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.
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