Brokers Issue Forecasts for EQT’s Q2 Earnings (NYSE:EQT)

EQT Corporation (NYSE:EQT) – Stock analysts at Zacks Research cut their Q2 2026 EPS estimates for shares of EQT in a research note issued to investors on Tuesday, June 30th. Zacks Research analyst Team now anticipates that the oil and gas producer will earn $0.40 per share for the quarter, down from their prior estimate of $0.67. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for EQT’s Q3 2026 earnings at $0.55 EPS, FY2026 earnings at $4.43 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.78 EPS, Q4 2027 earnings at $0.65 EPS, FY2027 earnings at $3.76 EPS, Q1 2028 earnings at $1.59 EPS, Q2 2028 earnings at $0.92 EPS and FY2028 earnings at $5.18 EPS.

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

A number of other analysts also recently weighed in on EQT. Sanford C. Bernstein decreased their price target on EQT from $73.00 to $69.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Barclays boosted their price objective on EQT from $67.00 to $69.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Stephens decreased their target price on EQT from $78.00 to $73.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Morgan Stanley dropped their price target on EQT from $74.00 to $68.00 and set an “overweight” rating on the stock in a research note on Friday, June 26th. Finally, Truist Financial cut their price target on EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $67.96.

EQT Price Performance

EQT stock opened at $52.41 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.19. The firm has a market cap of $32.78 billion, a price-to-earnings ratio of 9.94 and a beta of 0.55. The company’s fifty day simple moving average is $55.14 and its 200 day simple moving average is $56.88. EQT has a 12-month low of $48.47 and a 12-month high of $68.24.

EQT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 6th were issued a $0.165 dividend. The ex-dividend date was Wednesday, May 6th. This represents a $0.66 annualized dividend and a yield of 1.3%. EQT’s dividend payout ratio is presently 12.52%.

Insider Buying and Selling

In related news, CEO Toby Z. Rice sold 1,731 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $53.46, for a total value of $92,539.26. Following the transaction, the chief executive officer directly owned 2,333,193 shares in the company, valued at $124,732,497.78. This trade represents a 0.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction on 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. Insiders sold 102,830 shares of company stock valued at $5,602,913 in the last three months. Insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EQT. Reaves W H & Co. Inc. lifted its stake in shares of EQT by 12.9% in the fourth quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock valued at $62,282,000 after buying an additional 132,741 shares in the last quarter. Whittier Trust Co. increased its position in shares of EQT by 9.6% during the first quarter. Whittier Trust Co. now owns 643,321 shares of the oil and gas producer’s stock worth $38,857,000 after acquiring an additional 56,149 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of EQT by 9.1% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 583,072 shares of the oil and gas producer’s stock worth $31,253,000 after acquiring an additional 48,587 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of EQT by 228.5% in the 4th quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock worth $27,746,000 after acquiring an additional 360,049 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in EQT by 5.6% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 302,193 shares of the oil and gas producer’s stock valued at $18,252,000 after acquiring an additional 16,051 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Freedom Capital upgraded EQT to strong-buy, which can support sentiment around the stock. Tickerreport.com
• Positive Sentiment: Zacks Research raised some future EPS estimates, including Q1 2027 to $1.58 from $1.42 and Q2 2028 to $0.92 from $0.83, suggesting stronger longer-term earnings potential.
• Neutral Sentiment: RBC Capital reiterated its hold rating on EQT, which does not materially change the outlook. The Globe and Mail
• Negative Sentiment: Zacks Research cut several earnings estimates for EQT, including Q2 2026 to $0.40 from $0.67, Q3 2026 to $0.55 from $0.68, and FY2026 to $4.43 from $4.82, pointing to weaker expected near-term profitability.
• Negative Sentiment: Additional Zacks revisions lowered FY2027 EPS to $3.76 from $4.77, Q4 2027 to $0.65 from $1.21, and FY2028 to $5.18 from $5.71, reinforcing concerns about slower earnings growth.
• Negative Sentiment: Goldman Sachs lowered its price target on EQT from $65 to $63, even while keeping a buy rating, which may weigh on sentiment. MarketScreener

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.