Equities Analysts Issue Forecasts for EQT Co.’s Q1 2025 Earnings (NYSE:EQT)

EQT Co. (NYSE:EQT) – Analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for EQT in a research report issued on Friday, April 19th. Zacks Research analyst D. Bhowal now anticipates that the oil and gas producer will post earnings per share of $1.48 for the quarter, up from their prior estimate of $1.27. The consensus estimate for EQT’s current full-year earnings is $1.07 per share.

A number of other equities analysts have also weighed in on the company. Piper Sandler lowered their target price on EQT from $47.00 to $41.00 and set an “overweight” rating on the stock in a research note on Friday, April 19th. Scotiabank upgraded EQT from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $40.00 to $52.00 in a research note on Thursday, April 11th. The Goldman Sachs Group reduced their price target on EQT from $48.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, April 2nd. Jefferies Financial Group increased their price target on EQT from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $37.00 price target (down previously from $39.00) on shares of EQT in a research report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.38.

EQT Price Performance

Shares of NYSE EQT opened at $37.98 on Monday. The firm has a market cap of $16.73 billion, a P/E ratio of 8.94 and a beta of 1.12. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.37. EQT has a 1-year low of $30.84 and a 1-year high of $45.23. The business’s 50 day moving average is $36.06 and its 200-day moving average is $37.99.

EQT (NYSE:EQT) last announced its earnings results on Tuesday, February 13th. The oil and gas producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.58 billion. EQT had a return on equity of 7.12% and a net margin of 25.12%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.42 earnings per share.

Institutional Investors Weigh In On EQT

A number of large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of EQT by 6.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 52,883,676 shares of the oil and gas producer’s stock valued at $2,044,484,000 after purchasing an additional 3,159,700 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of EQT by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 46,922,862 shares of the oil and gas producer’s stock valued at $1,814,038,000 after purchasing an additional 2,023,222 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of EQT by 3.2% in the 4th quarter. Wellington Management Group LLP now owns 20,320,219 shares of the oil and gas producer’s stock valued at $785,580,000 after purchasing an additional 632,625 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of EQT by 6.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 18,037,923 shares of the oil and gas producer’s stock valued at $731,979,000 after acquiring an additional 1,098,211 shares in the last quarter. Finally, Capital World Investors boosted its holdings in shares of EQT by 1.5% during the 4th quarter. Capital World Investors now owns 17,425,711 shares of the oil and gas producer’s stock valued at $673,678,000 after acquiring an additional 265,297 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

EQT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 1st. Shareholders of record on Wednesday, May 8th will be issued a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, May 7th. EQT’s dividend payout ratio is presently 14.82%.

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.