What is Zacks Research’s Forecast for EQT FY2026 Earnings?

EQT Corporation (NYSE:EQT) – Investment analysts at Zacks Research cut their FY2026 earnings per share (EPS) estimates for shares of EQT in a research note issued on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings per share of $3.78 for the year, down from their previous forecast of $3.91. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.87 per share. Zacks Research also issued estimates for EQT’s Q4 2026 earnings at $0.64 EPS, Q1 2027 earnings at $1.23 EPS, Q2 2027 earnings at $0.46 EPS, Q3 2027 earnings at $0.60 EPS, FY2027 earnings at $3.29 EPS and FY2028 earnings at $4.84 EPS.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, October 27th. The oil and gas producer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.05. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.76 billion. EQT had a return on equity of 8.89% and a net margin of 28.40%. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 EPS.

A number of other equities research analysts also recently issued reports on the stock. Scotiabank decreased their price target on shares of EQT from $54.00 to $53.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 27th. Truist Financial lifted their price objective on shares of EQT from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 2nd. Citigroup boosted their target price on shares of EQT from $67.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of EQT in a report on Wednesday, October 28th. Finally, Stephens upped their target price on shares of EQT from $71.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, October 27th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, EQT currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

EQT Trading Up 4.2%

EQT stock opened at $52.02 on Wednesday. The firm has a fifty day moving average price of $52.88 and a 200 day moving average price of $55.49. EQT has a fifty-two week low of $47.94 and a fifty-two week high of $68.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.71 and a current ratio of 0.71. The firm has a market cap of $32.54 billion, a PE ratio of 12.35 and a beta of 0.68.

EQT Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 4th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, November 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.3%. This is an increase from EQT’s previous quarterly dividend of $0.1650. EQT’s dividend payout ratio is presently 16.11%.

Insiders Place Their Bets

In related news, CEO Toby Rice sold 175,328 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $55.03, for a total transaction of $9,648,299.84. Following the sale, the chief executive officer owned 2,157,865 shares in the company, valued at approximately $118,747,310.95. This represents a 7.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EQT. NEOS Investment Management LLC lifted its holdings in shares of EQT by 14.8% in the 2nd quarter. NEOS Investment Management LLC now owns 102,572 shares of the oil and gas producer’s stock worth $5,454,000 after acquiring an additional 13,201 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of EQT during the 2nd quarter worth about $163,705,000. Bank of America Corp DE grew its holdings in EQT by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 4,240,709 shares of the oil and gas producer’s stock valued at $225,478,000 after purchasing an additional 284,244 shares during the last quarter. Core Capital Management & Research inc. bought a new position in EQT during the 2nd quarter valued at about $1,074,000. Finally, QRG Capital Management Inc. raised its position in EQT by 156.2% in the 2nd quarter. QRG Capital Management Inc. now owns 93,774 shares of the oil and gas producer’s stock worth $4,986,000 after purchasing an additional 57,179 shares during the period. Institutional investors own 90.81% of the company’s stock.

EQT Company Profile

EQT Corporation is a natural gas company focused on the exploration, development and production of natural gas in the Appalachian Basin. Its operations are concentrated in Pennsylvania, West Virginia and Ohio, including the Marcellus and Utica shale formations. The company also operates midstream infrastructure that gathers and transports natural gas from production areas to pipelines and markets. This includes gathering systems and transmission assets serving the Appalachian region. Headquartered in Pittsburgh, EQT traces its roots to the late 19th century and was formerly known as Equitable Resources.