Zacks Research Forecasts Lower Earnings for Antero Midstream

Antero Midstream Co. (NYSE:AM) – Zacks Research reduced their Q1 2025 EPS estimates for Antero Midstream in a note issued to investors on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the pipeline company will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.24. The consensus estimate for Antero Midstream’s current full-year earnings is $0.83 per share.

Several other research firms have also issued reports on AM. Morgan Stanley lifted their price target on shares of Antero Midstream from $15.00 to $16.00 and gave the stock an “underweight” rating in a report on Tuesday, August 27th. StockNews.com downgraded shares of Antero Midstream from a “buy” rating to a “hold” rating in a research note on Monday, August 5th.

Antero Midstream Price Performance

NYSE AM opened at $15.87 on Wednesday. The firm’s fifty day simple moving average is $15.20 and its two-hundred day simple moving average is $14.77. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49. Antero Midstream has a 12-month low of $11.58 and a 12-month high of $15.90. The firm has a market capitalization of $7.64 billion, a P/E ratio of 19.59 and a beta of 2.35.

Antero Midstream Announces Dividend

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

Insider Activity at Antero Midstream

In other Antero Midstream news, Director Brooks J. Klimley sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $14.66, for a total value of $146,600.00. Following the sale, the director now owns 74,100 shares in the company, valued at approximately $1,086,306. This represents a 11.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by insiders.

Institutional Trading of Antero Midstream

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AM. Ashton Thomas Securities LLC acquired a new stake in Antero Midstream in the third quarter valued at approximately $38,000. Blue Trust Inc. grew its holdings in Antero Midstream by 149.4% in the third quarter. Blue Trust Inc. now owns 3,100 shares of the pipeline company’s stock valued at $46,000 after purchasing an additional 1,857 shares during the period. Brooklyn Investment Group acquired a new stake in Antero Midstream in the third quarter valued at approximately $48,000. City State Bank acquired a new stake in Antero Midstream in the second quarter valued at approximately $51,000. Finally, First Horizon Advisors Inc. grew its holdings in Antero Midstream by 24.2% in the second quarter. First Horizon Advisors Inc. now owns 3,528 shares of the pipeline company’s stock valued at $52,000 after purchasing an additional 688 shares during the period. Institutional investors and hedge funds own 53.97% of the company’s stock.

About Antero Midstream

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.