What is Zacks Research’s Forecast for EQT Q1 Earnings?

EQT Co. (NYSE:EQT) – Equities research analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of EQT in a research note issued to investors on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oil and gas producer will earn $0.83 per share for the quarter, up from their previous forecast of $0.72. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.54 EPS, Q4 2025 earnings at $0.90 EPS, Q1 2026 earnings at $1.46 EPS, Q2 2026 earnings at $1.21 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $3.57 EPS.

EQT (NYSE:EQT) last announced its earnings results on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.19. EQT had a net margin of 4.37% and a return on equity of 4.35%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion.

Several other brokerages also recently weighed in on EQT. Jefferies Financial Group increased their target price on shares of EQT from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Truist Financial upped their price objective on EQT from $41.00 to $56.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Scotiabank cut EQT from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $55.00 to $54.00 in a research note on Friday, January 17th. The Goldman Sachs Group reissued a “reduce” rating on shares of EQT in a research report on Wednesday, February 12th. Finally, Sanford C. Bernstein raised EQT from a “market perform” rating to an “outperform” rating and set a $73.00 price target for the company in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, EQT has a consensus rating of “Hold” and an average target price of $52.39.

EQT Stock Performance

NYSE:EQT opened at $50.18 on Thursday. The firm has a market capitalization of $29.98 billion, a PE ratio of 125.44, a PEG ratio of 0.64 and a beta of 1.08. The stock’s fifty day moving average is $50.48 and its 200 day moving average is $42.77. EQT has a fifty-two week low of $30.02 and a fifty-two week high of $56.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.51 and a current ratio of 0.70.

Institutional Investors Weigh In On EQT

Institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP boosted its stake in EQT by 38.7% in the third quarter. Wellington Management Group LLP now owns 74,153,050 shares of the oil and gas producer’s stock valued at $2,716,968,000 after acquiring an additional 20,700,921 shares in the last quarter. Vanguard Group Inc. grew its stake in EQT by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 72,530,286 shares of the oil and gas producer’s stock worth $3,344,371,000 after buying an additional 358,649 shares during the last quarter. State Street Corp increased its holdings in shares of EQT by 24.5% in the 3rd quarter. State Street Corp now owns 37,095,597 shares of the oil and gas producer’s stock valued at $1,359,183,000 after acquiring an additional 7,290,822 shares during the period. Geode Capital Management LLC grew its position in EQT by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 14,427,307 shares of the oil and gas producer’s stock worth $663,552,000 after purchasing an additional 429,733 shares during the last quarter. Finally, Capital International Investors raised its holdings in shares of EQT by 21.3% in the fourth quarter. Capital International Investors now owns 13,855,244 shares of the oil and gas producer’s stock valued at $638,867,000 after buying an additional 2,433,632 shares during the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

EQT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.1575 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.26%. EQT’s payout ratio is currently 157.50%.

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.