Zacks Research Issues Optimistic Outlook for EQT Earnings

EQT Corporation (NYSE:EQT) – Zacks Research increased their Q1 2027 earnings estimates for shares of EQT in a note issued to investors on Friday, August 28th. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $1.47 per share 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) last issued its earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). EQT had a net margin of 28.44% and a return on equity of 9.31%. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same quarter in the prior year, the business earned $0.45 earnings per share. The business’s quarterly revenue was down 29.2% on a year-over-year basis.

EQT has been the subject of several other research reports. The Goldman Sachs Group decreased their price objective on EQT from $65.00 to $63.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. JPMorgan Chase & Co. cut their target price on EQT from $72.00 to $68.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of EQT from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Jefferies Financial Group decreased their price target on shares of EQT from $77.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Finally, Stephens upped their price objective on shares of EQT from $71.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.10.

EQT Stock Down 0.5%

EQT stock opened at $54.28 on Tuesday. The stock’s 50 day simple moving average is $52.38 and its 200 day simple moving average is $56.40. The company has a market cap of $33.95 billion, a P/E ratio of 12.59 and a beta of 0.58. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.67 and a current ratio of 0.67. EQT has a fifty-two week low of $47.94 and a fifty-two week high of $68.24.

EQT Dividend Announcement

The business 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. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. EQT’s dividend payout ratio is 15.31%.

Insider Buying and Selling at EQT

In other news, CEO Toby Z. Rice sold 175,328 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $55.03, for a total value of $9,648,299.84. Following the transaction, the chief executive officer owned 2,157,865 shares in the company, valued at $118,747,310.95. This trade represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 274,042 shares of company stock valued at $15,005,076 in the last 90 days. 0.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On EQT

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caxton Associates LLP bought a new position in EQT during the 1st quarter valued at $256,000. Focus Partners Wealth grew its stake in shares of EQT by 9.0% in the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after acquiring an additional 1,789 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of EQT by 495.2% in 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 acquiring an additional 106,545 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of EQT by 39.4% in the second 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 last quarter. Finally, Horizon Investments LLC raised its holdings in shares of EQT by 43.6% in the third quarter. Horizon Investments LLC now owns 85,502 shares of the oil and gas producer’s stock valued at $4,640,000 after purchasing an additional 25,971 shares during the last quarter. 90.81% of the stock is owned by hedge funds and other institutional investors.

EQT News Roundup

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.