Zacks Research Has Optimistic Outlook of AM Q3 Earnings

Antero Midstream Corporation (NYSE:AM) – Stock analysts at Zacks Research upped their Q3 2026 earnings per share estimates for Antero Midstream in a report released on Monday, August 31st. Zacks Research analyst Team now forecasts that the pipeline company will post earnings of $0.28 per share for the quarter, up from their prior estimate of $0.27. The consensus estimate for Antero Midstream’s current full-year earnings is $1.09 per share. Zacks Research also issued estimates for Antero Midstream’s FY2026 earnings at $1.04 EPS, Q4 2027 earnings at $0.33 EPS, FY2027 earnings at $1.20 EPS, Q1 2028 earnings at $0.32 EPS, Q2 2028 earnings at $0.35 EPS and FY2028 earnings at $1.26 EPS.

Antero Midstream (NYSE:AM) last posted its quarterly earnings data on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%.The firm had revenue of $327.24 million for the quarter, compared to the consensus estimate of $326.43 million. During the same quarter in the previous year, the business earned $0.29 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year.

Several other research analysts have also commented on the stock. Wells Fargo & Company raised their price objective on shares of Antero Midstream from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. The Goldman Sachs Group set a $24.00 target price on shares of Antero Midstream in a research note on Tuesday, July 14th. Finally, Weiss Ratings cut shares of Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Antero Midstream has a consensus rating of “Hold” and an average target price of $24.50.

Antero Midstream Stock Performance

NYSE AM opened at $22.44 on Tuesday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $10.65 billion, a P/E ratio of 26.71 and a beta of 0.65. The stock has a 50-day moving average of $22.31 and a two-hundred day moving average of $22.08. Antero Midstream has a 1-year low of $16.96 and a 1-year high of $23.83.

Institutional Investors Weigh In On Antero Midstream

Large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Antero Midstream during the 2nd quarter worth $869,045,000. Invesco Ltd. grew its stake in shares of Antero Midstream by 3.4% during the fourth quarter. Invesco Ltd. now owns 23,444,026 shares of the pipeline company’s stock worth $417,069,000 after purchasing an additional 776,791 shares in the last quarter. State Street Corp increased its holdings in Antero Midstream by 1.7% in the fourth quarter. State Street Corp now owns 11,337,298 shares of the pipeline company’s stock valued at $201,691,000 after buying an additional 187,912 shares during the last quarter. Geode Capital Management LLC increased its holdings in Antero Midstream by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 10,472,491 shares of the pipeline company’s stock valued at $186,328,000 after buying an additional 1,161,684 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Antero Midstream by 11.2% in the first quarter. Bank of New York Mellon Corp now owns 9,129,288 shares of the pipeline company’s stock valued at $208,148,000 after buying an additional 920,948 shares in the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Antero Midstream

In other news, insider Sheri Pearce sold 16,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total transaction of $352,160.00. Following the completion of the transaction, the insider directly owned 83,900 shares of the company’s stock, valued at approximately $1,846,639. The trade was a 16.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Brooks J. Klimley sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $21.27, for a total transaction of $106,350.00. Following the sale, the director owned 68,204 shares in the company, valued at $1,450,699.08. The trade was a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 12th. Stockholders of record on Wednesday, July 29th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 29th. Antero Midstream’s dividend payout ratio (DPR) is presently 107.14%.

Antero Midstream Company Profile

Antero Midstream Corporation is a publicly traded midstream service provider that was established in 2014 as a spin-off from Antero Resources. Headquartered in Denver, Colorado, the company owns, operates and develops midstream infrastructure to support the gathering, compression, processing, transportation and storage of natural gas, natural gas liquids (NGLs) and crude oil. Antero Midstream plays a critical role in connecting upstream production in the Appalachian Basin to end-market pipelines and processing facilities.

The company’s core operations include a network of gathering pipelines and compression stations that serve the Marcellus and Utica shale formations across West Virginia, Pennsylvania and Ohio.