Antero Midstream Q3 Earnings Forecast Cut by Zacks Research

Antero Midstream Corporation (NYSE:AM) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of Antero Midstream in a research note issued to investors on Thursday, October 15th. Zacks Research analyst Team now forecasts that the pipeline company will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.28. The consensus estimate for Antero Midstream’s current full-year earnings is $1.09 per share. Zacks Research also issued estimates for Antero Midstream’s FY2026 earnings at $1.03 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.28 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.16 EPS, Q1 2028 earnings at $0.29 EPS, Q2 2028 earnings at $0.32 EPS and FY2028 earnings at $1.24 EPS.

Antero Midstream (NYSE:AM) last issued its earnings results on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%. The company had revenue of $327.24 million during the quarter, compared to analysts’ expectations of $326.43 million. During the same period in the prior year, the business posted $0.29 EPS. Antero Midstream’s quarterly revenue was up 7.1% compared to the same quarter last year.

A number of other analysts have also weighed in on the company. Wells Fargo & Company increased their price objective on Antero Midstream from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. The Goldman Sachs Group set a $24.00 target price on shares of Antero Midstream in a report on Tuesday, July 14th. UBS Group decreased their target price on shares of Antero Midstream from $24.00 to $22.00 and set a “neutral” rating on the stock in a research note on Monday, September 21st. Capital One Financial raised shares of Antero Midstream from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a research note on Tuesday, September 22nd. Finally, Weiss Ratings lowered shares of Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Antero Midstream presently has an average rating of “Hold” and a consensus target price of $24.20.

Antero Midstream Price Performance

Shares of Antero Midstream stock opened at $20.57 on Monday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.84 and a quick ratio of 0.84. The business’s 50 day simple moving average is $21.58 and its two-hundred day simple moving average is $21.78. The stock has a market capitalization of $9.77 billion, a P/E ratio of 24.49 and a beta of 0.72. Antero Midstream has a one year low of $16.96 and a one year high of $23.83.

Institutional Investors Weigh In On Antero Midstream

A number of large investors have recently made changes to their positions in AM. BlackRock Inc. purchased a new stake in Antero Midstream in the second quarter worth about $869,045,000. Bank of New York Mellon Corp increased its stake in shares of Antero Midstream by 11.2% during the first quarter. Bank of New York Mellon Corp now owns 9,129,288 shares of the pipeline company’s stock valued at $208,148,000 after purchasing an additional 920,948 shares in the last quarter. Kayne Anderson Capital Advisors LP purchased a new position in shares of Antero Midstream during the second quarter valued at approximately $49,883,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Antero Midstream during the second quarter valued at approximately $46,007,000. Finally, RR Advisors LLC purchased a new position in shares of Antero Midstream during the second quarter valued at approximately $34,435,000. 53.97% of the stock is currently owned by institutional investors.

Insider Transactions at Antero Midstream

In other Antero Midstream news, Director Brooks J. Klimley sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $21.27, for a total transaction of $106,350.00. Following the completion of the transaction, the director owned 68,204 shares of the company’s stock, valued at $1,450,699.08. This represents a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Sheri Pearce sold 16,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total value of $352,160.00. Following the completion of the sale, the insider owned 83,900 shares of the company’s stock, valued at approximately $1,846,639. This trade represents a 16.02% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by insiders.

Antero Midstream Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 11th. Investors of record on Wednesday, October 28th will be paid a $0.2250 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. Antero Midstream’s dividend payout ratio (DPR) is presently 107.14%.

About Antero Midstream

Antero Midstream Corporation (NYSE: AM) owns, operates and develops midstream energy infrastructure that supports natural gas, natural gas liquids and oil production. The company’s services include gathering and compression, water handling and other infrastructure activities that help producers transport hydrocarbons from well sites to processing and takeaway facilities.

Antero Midstream primarily serves Antero Resources’ operations in the Appalachian Basin, particularly in West Virginia and Ohio.