What is Zacks Research’s Forecast for EQT Q3 Earnings?

EQT Corporation (NYSE:EQT) – Equities researchers at Zacks Research decreased their Q3 2026 EPS estimates for EQT in a research report issued to clients and investors on Tuesday, August 4th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings per share of $0.50 for the quarter, down from their prior estimate of $0.55. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.08 per share. Zacks Research also issued estimates for EQT’s FY2026 earnings at $4.03 EPS, Q3 2027 earnings at $0.77 EPS, FY2027 earnings at $3.56 EPS and Q1 2028 earnings at $1.72 EPS.

EQT has been the subject of several other research reports. UBS Group dropped their price objective on EQT from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. Freedom Capital upgraded EQT to a “strong-buy” rating in a research report on Tuesday, June 30th. Wall Street Zen lowered EQT from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Morgan Stanley lowered their target price on shares of EQT from $74.00 to $68.00 and set an “overweight” rating on the stock in a research note on Friday, June 26th. Finally, JPMorgan Chase & Co. dropped their target price on shares of EQT from $72.00 to $68.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, EQT presently has an average rating of “Moderate Buy” and an average target price of $68.08.

EQT Stock Down 1.5%

EQT opened at $52.78 on Wednesday. The firm has a market capitalization of $33.01 billion, a P/E ratio of 12.25 and a beta of 0.58. EQT has a one year low of $47.94 and a one year high of $68.24. The company has a fifty day moving average price of $52.13 and a 200-day moving average price of $56.53. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.67 and a quick ratio of 0.67.

EQT (NYSE:EQT) last posted its earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates 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 last year, the company posted $0.45 EPS. The business’s revenue was down 29.2% on a year-over-year basis.

EQT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 5th will be issued a dividend of $0.165 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 is Wednesday, August 5th. EQT’s dividend payout ratio (DPR) is currently 15.31%.

Insiders Place Their Bets

In other EQT news, CEO Toby Z. Rice sold 1,731 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $53.46, for a total value of $92,539.26. Following the completion of the sale, the chief executive officer owned 2,333,193 shares of the company’s stock, valued at $124,732,497.78. This represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.72% of the stock is owned by insiders.

Institutional Investors Weigh In On EQT

A number of institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC grew its holdings in shares of EQT by 1.0% during the 4th quarter. Parallel Advisors LLC now owns 19,075 shares of the oil and gas producer’s stock valued at $1,022,000 after purchasing an additional 198 shares during the last quarter. Root Financial Partners LLC boosted its position in EQT by 35.4% during the first quarter. Root Financial Partners LLC now owns 773 shares of the oil and gas producer’s stock valued at $49,000 after buying an additional 202 shares during the period. Rothschild Investment LLC grew its stake in shares of EQT by 0.5% during the fourth quarter. Rothschild Investment LLC now owns 46,582 shares of the oil and gas producer’s stock valued at $2,497,000 after buying an additional 215 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of EQT by 4.0% in the first quarter. EverSource Wealth Advisors LLC now owns 6,154 shares of the oil and gas producer’s stock worth $392,000 after buying an additional 236 shares during the period. Finally, Valeo Financial Advisors LLC increased its holdings in shares of EQT by 4.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock worth $633,000 after buying an additional 456 shares during the period. Hedge funds and other institutional investors own 90.81% of the company’s stock.

About EQT

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.