Zacks Research Issues Pessimistic Estimate for EQT Earnings

EQT Corporation (NYSE:EQT) – Equities research analysts at Zacks Research decreased their Q1 2027 earnings estimates for EQT in a research report issued on Monday, September 28th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of $1.43 per share for the quarter, down from their prior forecast of $1.47. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.92 per share. Zacks Research also issued estimates for EQT’s Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.77 EPS and Q1 2028 earnings at $1.70 EPS.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.76 billion. EQT had a return on equity of 9.31% and a net margin of 28.44%.The company’s revenue for the quarter was down 29.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 earnings per share.

EQT has been the topic of several other reports. Citigroup boosted their price target on shares of EQT from $67.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. Jefferies Financial Group lowered their target price on EQT from $75.00 to $73.00 and set a “buy” rating on the stock in a research note on Tuesday. Freedom Capital raised EQT to a “strong-buy” rating in a research report on Tuesday, June 30th. UBS Group raised their price target on EQT from $73.00 to $77.00 and gave the stock a “buy” rating in a research note on Monday, September 14th. Finally, Barclays reduced their price target on EQT from $70.00 to $68.00 and set an “overweight” rating for the company in a report on Monday, August 17th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.09.

EQT Stock Down 2.0%

EQT stock opened at $48.89 on Wednesday. The company has a 50 day moving average of $53.10 and a two-hundred day moving average of $55.31. The company has a market cap of $30.58 billion, a price-to-earnings ratio of 11.34 and a beta of 0.58. EQT has a 12-month low of $47.94 and a 12-month high of $68.24. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On EQT

Several large investors have recently made changes to their positions in EQT. The Manufacturers Life Insurance Company bought a new stake in EQT in the 2nd quarter valued at $163,705,000. Bank of America Corp DE raised its position in shares of EQT by 7.2% during the second 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 buying an additional 284,244 shares during the last quarter. Bank of Nova Scotia bought a new stake in shares of EQT in the second quarter valued at about $6,477,000. Fielder Capital Group LLC bought a new stake in shares of EQT in the second quarter valued at about $4,847,000. Finally, Meiji Yasuda Asset Management Co Ltd. acquired a new stake in EQT during the second quarter worth about $1,264,000. Institutional investors and hedge funds own 90.81% of the company’s stock.

Insider Transactions at EQT

In related news, CEO Toby Rice sold 175,328 shares of EQT stock in a transaction on Friday, August 14th. The shares were 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.72% of the company’s stock.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 5th were paid a $0.1650 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $0.66 dividend on an annualized basis and a yield of 1.4%. EQT’s dividend payout ratio (DPR) is presently 15.31%.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Sell-side brokerages collectively rate EQT Corporation “Moderate Buy,” suggesting analysts see potential upside despite recent earnings concerns. EQT Corporation Stock Now Rated Moderate Buy by Sell-Side Brokerages
• Positive Sentiment: Zacks Research raised its FY2028 EPS forecast to $4.69 from $4.58, indicating expectations for stronger longer-term profitability. EQT Stock Sees Q3 Earnings Estimate Cut at Zacks Research
• Neutral Sentiment: An article about EQT raising its tender-offer price for Japanese company Kakaku.com to ¥3,681 and extending the offer period appears unrelated to EQT Corporation and should not materially affect EQT shares. EQT Raises Kakaku.com Tender Offer Price and Extends Period
• Negative Sentiment: Zacks lowered its Q3 2026 EPS forecast to $0.44 from $0.47 and its Q4 2026 estimate to $0.75 from $0.76. It also reduced FY2026 EPS to $3.91 from $3.95 and FY2027 EPS to $3.42 from $3.50. These revisions point to softer near- and medium-term earnings expectations. EQT Stock Sees Q3 Earnings Estimate Cut at Zacks Research
• Negative Sentiment: The company’s latest reported quarter missed consensus EPS and revenue estimates, while revenue declined 29.2% year over year, adding to concerns about operating performance and near-term natural-gas market conditions.

EQT Company Profile

EQT Corporation is a natural gas producer headquartered in Pittsburgh, Pennsylvania. The company explores for, develops, and produces natural gas, natural gas liquids, and crude oil, with its operations concentrated in the Appalachian Basin, particularly the Marcellus and Utica shale formations.

In addition to its upstream production activities, EQT has interests in the midstream infrastructure used to gather, process, transport, and store natural gas. These assets support the movement of production from well sites to regional and interstate markets.