EQT Declares Quarterly Dividend of $0.03 (EQT)
EQT (NYSE:EQT) announced a quarterly dividend on Wednesday, January 16th. Investors of record on Friday, February 15th will be paid a dividend of $0.03 per share on Friday, March 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.20%.
Several analysts have also recently commented on the stock. Analysts at BMO Capital Markets reiterated an “outperform” rating on shares of EQT in a research note to investors on Thursday, January 10th. They now have a $70.00 price target on the stock. On a related note, analysts at Societe Generale reiterated a “buy” rating on shares of EQT in a research note to investors on Wednesday, January 9th. They now have a $75.00 price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of EQT in a research note to investors on Thursday, December 27th. They now have a $75.00 price target on the stock.
Eleven research analysts have rated the stock with a buy rating, two have assigned an overweight rating, and six have issued a hold rating to the stock. The company currently has a consensus rating of “overweight” and an average price target of $70.07.
EQT (EQT) traded down 0.49% on Wednesday, hitting $58.66. EQT (EQT) has a 52-week low of $43.69 and a 52-week high of $62.74. The stock’s 50-day moving average is currently $58.75. The company has a market cap of $8.776 billion and a price-to-earnings ratio of 39.27.
EQT last released its earnings data on Thursday, October 25th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.03. On average, analysts predict that EQT (EQT) will post $1.47 earnings per share for the current fiscal year.
EQT Corporation (EQT), formerly Equitable Resources, Inc., conducts its business, through three business segments: EQT Production, EQT Midstream and Distribution.
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