Zacks Research Has Negative Estimate for EQT Q1 Earnings

EQT Corporation (NYSE:EQT) – Equities researchers at Zacks Research decreased their Q1 2027 earnings per share estimates for EQT in a note issued to investors on Monday, September 28th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings per share of $1.43 for the quarter, down from their prior forecast of $1.47. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.90 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 issued its quarterly earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share (EPS) 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 the consensus estimate 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 period last year, the firm earned $0.45 EPS.

Several other analysts have also issued reports on EQT. Weiss Ratings lowered EQT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. UBS Group boosted their price objective on shares of EQT from $73.00 to $77.00 and gave the stock a “buy” rating in a report on Monday, September 14th. Stephens reaffirmed an “overweight” rating and issued a $71.00 price objective on shares of EQT in a research note on Thursday, September 17th. Morgan Stanley cut their price objective on shares of EQT from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group reduced their target price on shares of EQT from $75.00 to $73.00 and set a “buy” rating on the stock in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $68.09.

EQT Stock Performance

Shares of NYSE EQT opened at $50.09 on Wednesday. The stock’s 50-day moving average is $52.93 and its 200 day moving average is $55.09. The stock has a market cap of $31.33 billion, a price-to-earnings ratio of 11.62 and a beta of 0.66. EQT has a 1-year low of $47.94 and a 1-year high of $68.24. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.19.

Institutional Investors Weigh In On EQT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. bought a new position in shares of EQT during the fourth quarter valued at about $26,000. Meeder Asset Management Inc. bought a new stake in shares of EQT in the second quarter worth about $26,000. Community Bank N.A. grew its stake in shares of EQT by 198.9% in the second quarter. Community Bank N.A. now owns 523 shares of the oil and gas producer’s stock worth $28,000 after purchasing an additional 348 shares during the last quarter. Anchor Investment Management LLC increased its holdings in EQT by 76.0% during the 2nd quarter. Anchor Investment Management LLC now owns 528 shares of the oil and gas producer’s stock valued at $28,000 after purchasing an additional 228 shares during the period. Finally, Wedbush Fund Advisers LLC increased its holdings in EQT by 251.8% during the 2nd quarter. Wedbush Fund Advisers LLC now owns 577 shares of the oil and gas producer’s stock valued at $31,000 after purchasing an additional 413 shares during the period. 90.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EQT

In other news, CEO Toby Rice sold 175,328 shares of the firm’s stock in a transaction that occurred 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 approximately $118,747,310.95. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.72% of the company’s stock.

EQT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 5th were paid a dividend of $0.1650 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 5th. EQT’s dividend payout ratio is 15.31%.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Sell-side brokerages now give EQT a “Moderate Buy” consensus, providing some support for the shares. EQT Corporation Stock Now Rated Moderate Buy by Sell-Side Brokerages
• Positive Sentiment: Zacks Research raised its EPS forecasts for the second quarter of 2027, to $0.40 from $0.38, and for the first quarter of 2028, to $1.70 from $1.67. These increases suggest some confidence in EQT’s longer-term earnings potential.
• Neutral Sentiment: Analysts are preparing for EQT’s next earnings report. The company previously missed quarterly EPS and revenue expectations, while full-year EPS consensus is approximately $3.90-$3.92, making the upcoming release an important near-term catalyst. What You Need to Know Ahead of EQT’s Earnings Release
• Neutral Sentiment: Zacks maintained a “Hold” rating, indicating that analysts see balanced risk and reward despite the revised earnings estimates.
• Negative Sentiment: Options activity was notably defensive: traders purchased 66,691 put options, roughly 368% above typical daily put volume. While this may represent hedging rather than outright bearish speculation, it signals heightened concern about downside risk around earnings.
• Negative Sentiment: Zacks reduced its EPS forecasts for the first quarter of 2027, to $1.43 from $1.47, and the third quarter of 2027, to $0.77 from $0.78. The cuts partially offset the positive estimate revisions.

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.