Zacks Research Forecasts Lower Earnings for Antero Midstream

Antero Midstream Co. (NYSE:AMFree Report) – Research analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of Antero Midstream in a report issued on Monday, November 25th. Zacks Research analyst R. Department now expects that the pipeline company will earn $0.23 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Antero Midstream’s current full-year earnings is $0.83 per share.

AM has been the subject of a number of other research reports. Morgan Stanley increased their price target on Antero Midstream from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 27th. StockNews.com lowered Antero Midstream from a “buy” rating to a “hold” rating in a research note on Monday, August 5th.

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Antero Midstream Trading Up 1.2 %

Shares of AM stock opened at $15.87 on Wednesday. Antero Midstream has a 52-week low of $11.58 and a 52-week high of $15.90. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market capitalization of $7.64 billion, a PE ratio of 19.59 and a beta of 2.35. The stock has a fifty day simple moving average of $15.20 and a two-hundred day simple moving average of $14.77.

Institutional Trading of Antero Midstream

Institutional investors have recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC purchased a new position in shares of Antero Midstream during the second quarter worth approximately $526,000. Van ECK Associates Corp increased its position in shares of Antero Midstream by 98.6% during the third quarter. Van ECK Associates Corp now owns 173,266 shares of the pipeline company’s stock worth $2,564,000 after acquiring an additional 86,001 shares during the period. Cetera Advisors LLC increased its position in shares of Antero Midstream by 608.8% during the first quarter. Cetera Advisors LLC now owns 150,842 shares of the pipeline company’s stock worth $2,121,000 after acquiring an additional 129,561 shares during the period. Advisors Asset Management Inc. increased its holdings in Antero Midstream by 10.5% during the third quarter. Advisors Asset Management Inc. now owns 358,928 shares of the pipeline company’s stock valued at $5,402,000 after buying an additional 34,222 shares during the period. Finally, Westwood Holdings Group Inc. increased its holdings in Antero Midstream by 5.8% during the second quarter. Westwood Holdings Group Inc. now owns 3,359,310 shares of the pipeline company’s stock valued at $49,516,000 after buying an additional 184,911 shares during the period. Institutional investors own 53.97% of the company’s stock.

Insider Activity at Antero Midstream

In other Antero Midstream news, Director Brooks J. Klimley sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $14.66, for a total value of $146,600.00. Following the completion of the sale, the director now owns 74,100 shares of the company’s stock, valued at $1,086,306. This trade represents a 11.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Antero Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Wednesday, October 23rd were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend was Wednesday, October 23rd. Antero Midstream’s payout ratio is 111.11%.

Antero Midstream Company Profile

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Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.

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Earnings History and Estimates for Antero Midstream (NYSE:AM)

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