Antero Midstream Corporation (NYSE:AM – Free Report) – Stock analysts at Zacks Research increased their FY2027 earnings per share estimates for shares of Antero Midstream in a research report issued to clients and investors on Wednesday, May 20th. Zacks Research analyst Team now forecasts that the pipeline company will post earnings of $1.23 per share for the year, up from their prior estimate of $1.20. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Antero Midstream’s current full-year earnings is $1.13 per share.
Antero Midstream (NYSE:AM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). Antero Midstream had a return on equity of 20.38% and a net margin of 33.90%.The business had revenue of $314.21 million for the quarter, compared to analyst estimates of $311.30 million. During the same quarter last year, the firm posted $0.25 EPS. The company’s revenue was up 7.9% compared to the same quarter last year.
Read Our Latest Research Report on AM
Antero Midstream Trading Down 1.2%
Shares of AM stock opened at $21.83 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.99 and a current ratio of 0.99. Antero Midstream has a 1 year low of $16.77 and a 1 year high of $23.83. The stock has a fifty day moving average of $22.15 and a two-hundred day moving average of $20.05. The firm has a market capitalization of $10.37 billion, a PE ratio of 25.38 and a beta of 0.68.
Antero Midstream Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 29th were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 29th. Antero Midstream’s payout ratio is currently 104.65%.
Insider Transactions at Antero Midstream
In other news, insider Michael N. Kennedy sold 100,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $21.92, for a total value of $2,192,000.00. Following the sale, the insider owned 1,500,594 shares of the company’s stock, valued at approximately $32,893,020.48. The trade was a 6.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sheri Pearce sold 14,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $22.76, for a total value of $318,640.00. Following the completion of the sale, the insider directly owned 99,900 shares in the company, valued at $2,273,724. This represents a 12.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 213,269 shares of company stock worth $4,713,681 over the last 90 days. 0.86% of the stock is currently owned by corporate insiders.
Institutional Trading of Antero Midstream
A number of hedge funds and other institutional investors have recently modified their holdings of AM. Bank of New York Mellon Corp raised its position in shares of Antero Midstream by 22.3% during the third quarter. Bank of New York Mellon Corp now owns 7,848,461 shares of the pipeline company’s stock worth $152,574,000 after purchasing an additional 1,430,138 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Antero Midstream by 40.8% during the third quarter. Oppenheimer & Co. Inc. now owns 504,755 shares of the pipeline company’s stock worth $9,812,000 after purchasing an additional 146,300 shares during the period. American Century Companies Inc. raised its position in shares of Antero Midstream by 21.0% during the third quarter. American Century Companies Inc. now owns 3,081,943 shares of the pipeline company’s stock worth $59,913,000 after purchasing an additional 535,245 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Antero Midstream during the third quarter worth $2,676,000. Finally, Chickasaw Capital Management LLC raised its position in shares of Antero Midstream by 11.7% during the fourth quarter. Chickasaw Capital Management LLC now owns 1,409,183 shares of the pipeline company’s stock worth $25,069,000 after purchasing an additional 147,250 shares during the period. Institutional investors own 53.97% of the company’s stock.
Key Stories Impacting Antero Midstream
Here are the key news stories impacting Antero Midstream this week:
- Positive Sentiment: Zacks Research raised earnings estimates for several periods, including Q1 2027, Q4 2027, Q1 2028, and FY2028, suggesting improved longer-term profitability expectations for Antero Midstream. Consensus Recommendation of Hold by Brokerages
- Positive Sentiment: The FY2028 EPS forecast was increased to $1.27 from $1.22, indicating analysts see stronger earnings potential several years out. Consensus Recommendation of Hold by Brokerages
- Neutral Sentiment: Zacks Research maintained a Hold rating, signaling limited near-term conviction despite the estimate changes. Consensus Recommendation of Hold by Brokerages
- Negative Sentiment: The analyst lowered FY2026 earnings estimates to $1.10 from $1.16, and also cut Q2 2026, Q3 2026, and Q4 2026 forecasts, which could pressure expectations for the next several quarters. Consensus Recommendation of Hold by Brokerages
Antero Midstream Company Profile
Antero Midstream Corporation is a publicly traded midstream service provider that was established in 2014 as a spin-off from Antero Resources. Headquartered in Denver, Colorado, the company owns, operates and develops midstream infrastructure to support the gathering, compression, processing, transportation and storage of natural gas, natural gas liquids (NGLs) and crude oil. Antero Midstream plays a critical role in connecting upstream production in the Appalachian Basin to end-market pipelines and processing facilities.
The company’s core operations include a network of gathering pipelines and compression stations that serve the Marcellus and Utica shale formations across West Virginia, Pennsylvania and Ohio.
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