Zacks Research Has Negative Forecast for EQT Q3 Earnings

EQT Corporation (NYSE:EQT) – Analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for EQT in a report issued on Friday, August 28th. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $0.47 per share for the quarter, down from their previous forecast of $0.50. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.96 per share. Zacks Research also issued estimates for EQT’s Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $3.95 EPS, Q2 2027 earnings at $0.38 EPS and FY2027 earnings at $3.50 EPS.

EQT (NYSE:EQT) last announced 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). EQT had a return on equity of 9.31% and a net margin of 28.44%.The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the prior year, the firm posted $0.45 earnings per share. The business’s revenue for the quarter was down 29.2% compared to the same quarter last year.

A number of other research firms also recently weighed in on EQT. UBS Group dropped their price target on shares of EQT from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. JPMorgan Chase & Co. reduced their price objective on shares of EQT from $72.00 to $68.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. BMO Capital Markets lowered their target price on shares of EQT from $76.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. Stephens upped their target price on shares of EQT from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen downgraded EQT from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $68.10.

EQT Stock Down 0.5%

Shares of NYSE EQT opened at $54.28 on Monday. EQT has a 1 year low of $47.94 and a 1 year high of $68.24. The firm’s 50-day moving average is $52.38 and its 200-day moving average is $56.40. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $33.95 billion, a PE ratio of 12.59 and a beta of 0.58.

EQT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 5th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. EQT’s dividend payout ratio is presently 15.31%.

Insiders Place Their Bets

In other EQT news, CEO Toby Z. Rice sold 175,328 shares of the stock in a transaction dated 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 274,042 shares of company stock valued at $15,005,076. 0.72% of the stock is currently owned by corporate insiders.

Institutional Trading of EQT

Institutional investors have recently modified their holdings of the company. Greykasell Wealth Strategies Inc. acquired a new stake in EQT in the 4th quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new position in shares of EQT during the 2nd quarter worth approximately $26,000. Wedbush Fund Advisers LLC grew its stake in shares of EQT by 251.8% during the 2nd quarter. Wedbush Fund Advisers LLC now owns 577 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 413 shares in the last quarter. Continuum Advisory LLC acquired a new stake in shares of EQT in the second quarter valued at approximately $32,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of EQT in the second quarter valued at approximately $37,000. 90.81% of the stock is currently owned by institutional investors.

EQT Company Profile

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.