Zacks Research Issues Pessimistic Outlook for AM Earnings

Antero Midstream Corporation (NYSE:AM) – Analysts at Zacks Research cut their Q1 2027 earnings per share (EPS) estimates for Antero Midstream in a research note issued on Wednesday, July 1st. Zacks Research analyst Team now forecasts that the pipeline company will post earnings of $0.28 per share for the quarter, down from their prior forecast of $0.30. The consensus estimate for Antero Midstream’s current full-year earnings is $1.11 per share. Zacks Research also issued estimates for Antero Midstream’s Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.30 EPS, FY2027 earnings at $1.16 EPS, Q1 2028 earnings at $0.30 EPS, Q2 2028 earnings at $0.31 EPS and FY2028 earnings at $1.21 EPS.

Antero Midstream (NYSE:AM) last released its earnings results on Wednesday, April 29th. The pipeline company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). Antero Midstream had a net margin of 33.90% and a return on equity of 20.38%. The company had revenue of $314.21 million during the quarter, compared to analyst estimates of $311.30 million. During the same period in the previous year, the company posted $0.25 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year.

Several other research analysts have also weighed in on AM. Weiss Ratings lowered shares of Antero Midstream from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, June 25th. Wells Fargo & Company boosted their price target on shares of Antero Midstream from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, March 13th. Morgan Stanley upgraded shares of Antero Midstream from an “underweight” rating to an “equal weight” rating and set a $26.00 price objective for the company in a research report on Wednesday, April 22nd. Finally, UBS Group raised their price objective on Antero Midstream from $22.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 25th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.00.

Antero Midstream Price Performance

Antero Midstream stock opened at $22.50 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $10.69 billion, a P/E ratio of 26.17 and a beta of 0.64. The business has a 50-day moving average of $21.72 and a 200-day moving average of $20.87. Antero Midstream has a 1 year low of $16.77 and a 1 year high of $23.83.

Institutional Trading of Antero Midstream

A number of institutional investors have recently modified their holdings of the company. Elevation Wealth Partners LLC acquired a new position in shares of Antero Midstream during the fourth quarter worth about $27,000. Larson Financial Group LLC lifted its stake in Antero Midstream by 68.1% in the 4th quarter. Larson Financial Group LLC now owns 1,747 shares of the pipeline company’s stock valued at $31,000 after acquiring an additional 708 shares in the last quarter. Arax Advisory Partners boosted its position in Antero Midstream by 83.9% during the 4th quarter. Arax Advisory Partners now owns 1,734 shares of the pipeline company’s stock worth $31,000 after acquiring an additional 791 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Antero Midstream by 219,900.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,200 shares of the pipeline company’s stock worth $39,000 after acquiring an additional 2,199 shares in the last quarter. Finally, Root Financial Partners LLC raised its holdings in shares of Antero Midstream by 36.4% in the first quarter. Root Financial Partners LLC now owns 2,014 shares of the pipeline company’s stock valued at $46,000 after purchasing an additional 537 shares during the last quarter. 53.97% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Yvette K. Schultz sold 69,269 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $21.90, for a total value of $1,516,991.10. Following the completion of the transaction, the insider directly owned 580,565 shares of the company’s stock, valued at approximately $12,714,373.50. This represents a 10.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael N. Kennedy sold 100,000 shares of the stock in a transaction dated 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 transaction, the insider owned 1,500,594 shares of the company’s stock, valued at approximately $32,893,020.48. This trade represents a 6.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 29th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.90 annualized dividend and a dividend yield of 4.0%. Antero Midstream’s dividend payout ratio is currently 104.65%.

Antero Midstream News Summary

Here are the key news stories impacting Antero Midstream this week:

• Neutral Sentiment: Zacks Research trimmed Antero Midstream’s near-term and 2026 earnings estimates, including FY2026 EPS to $1.03 from $1.10 and quarterly forecasts for Q2, Q3, and Q4 2026 to $0.26 each, suggesting slightly lower expected earnings momentum. Source: Antero Midstream estimate updates
• Neutral Sentiment: The firm also lowered estimates for several 2027 and 2028 periods, including FY2027 EPS to $1.16 and FY2028 EPS to $1.21, indicating analysts are becoming a bit more cautious on longer-term earnings growth. Source: Antero Midstream estimate updates
• Positive Sentiment: Even after the cuts, Zacks’ revised estimates remain above the current consensus for some periods, which may support the view that Antero Midstream can still deliver solid earnings relative to expectations. Source: Antero Midstream estimate updates

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.