Zacks Research Has Positive Outlook for EQT Q2 Earnings

EQT Corporation (NYSE:EQT) – Research analysts at Zacks Research boosted their Q2 2026 EPS estimates for EQT in a research report issued on Friday, May 29th. Zacks Research analyst Team now expects that the oil and gas producer will earn $0.67 per share for the quarter, up from their previous estimate of $0.57. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.63 per share. Zacks Research also issued estimates for EQT’s Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $1.14 EPS, FY2026 earnings at $4.82 EPS, Q3 2027 earnings at $1.07 EPS, Q4 2027 earnings at $1.21 EPS, FY2027 earnings at $4.77 EPS and Q1 2028 earnings at $1.35 EPS.

Other analysts have also recently issued reports about the stock. TD Cowen increased their price target on shares of EQT from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Roth Mkm reissued a “neutral” rating on shares of EQT in a research note on Tuesday, April 14th. Truist Financial began coverage on shares of EQT in a research note on Tuesday, March 24th. They set a “buy” rating and a $74.00 price target on the stock. Wells Fargo & Company increased their price target on shares of EQT from $70.00 to $79.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Piper Sandler increased their price target on shares of EQT from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, EQT presently has an average rating of “Moderate Buy” and an average target price of $68.83.

EQT Price Performance

Shares of EQT stock opened at $55.26 on Tuesday. EQT has a 1-year low of $48.47 and a 1-year high of $68.24. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $59.12 and its two-hundred day moving average price is $57.89. The stock has a market capitalization of $34.56 billion, a price-to-earnings ratio of 10.48 and a beta of 0.55.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.32. The firm had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.14 billion. EQT had a net margin of 31.94% and a return on equity of 9.74%. During the same period in the prior year, the firm earned $1.18 earnings per share.

EQT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 6th were issued a $0.165 dividend. The ex-dividend date was Wednesday, May 6th. This represents a $0.66 annualized dividend and a yield of 1.2%. EQT’s dividend payout ratio (DPR) is 12.52%.

Insiders Place Their Bets

In related news, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $59.80, for a total transaction of $246,136.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of EQT stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the sale, the executive vice president directly owned 52,953 shares of the company’s stock, valued at $3,414,938.97. The trade was a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.72% of the stock is currently owned by company insiders.

Institutional Trading of EQT

Several hedge funds and other institutional investors have recently modified their holdings of EQT. Reaves W H & Co. Inc. boosted its holdings in shares of EQT by 213.3% during the 3rd quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock worth $56,021,000 after buying an additional 700,732 shares during the period. Sound Shore Management Inc CT boosted its holdings in EQT by 31.8% in the 3rd quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock valued at $83,105,000 after purchasing an additional 368,748 shares during the period. SG Americas Securities LLC boosted its holdings in EQT by 228.5% in the 4th quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock valued at $27,746,000 after purchasing an additional 360,049 shares during the period. KTF Investments LLC bought a new stake in EQT in the 4th quarter valued at about $8,885,000. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its holdings in EQT by 495.2% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after purchasing an additional 106,545 shares during the period. Institutional investors own 90.81% of the company’s stock.

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.