FY2025 EPS Estimates for AM Lowered by Capital One Financial

Antero Midstream Co. (NYSE:AM) – Analysts at Capital One Financial reduced their FY2025 earnings per share (EPS) estimates for shares of Antero Midstream in a research report issued to clients and investors on Thursday, February 13th. Capital One Financial analyst W. Suki now anticipates that the pipeline company will earn $0.92 per share for the year, down from their prior forecast of $0.94. 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. Wells Fargo & Company increased their target price on Antero Midstream from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Tuesday. StockNews.com raised Antero Midstream from a “hold” rating to a “buy” rating in a report on Tuesday, February 4th.

Antero Midstream Stock Performance

Shares of NYSE AM opened at $16.81 on Monday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.09. The stock’s fifty day moving average price is $15.75 and its two-hundred day moving average price is $15.24. Antero Midstream has a one year low of $12.32 and a one year high of $16.99. The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 20.76 and a beta of 2.31.

Antero Midstream (NYSE:AM) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Antero Midstream had a net margin of 36.16% and a return on equity of 18.91%.

Antero Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were given a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.35%. Antero Midstream’s dividend payout ratio is presently 111.11%.

Hedge Funds Weigh In On Antero Midstream

A number of hedge funds have recently made changes to their positions in AM. Norges Bank bought a new position in shares of Antero Midstream during the fourth quarter worth about $62,578,000. SIR Capital Management L.P. bought a new position in shares of Antero Midstream during the fourth quarter worth about $35,058,000. Balyasny Asset Management L.P. grew its stake in Antero Midstream by 7,769.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,028,014 shares of the pipeline company’s stock worth $15,513,000 after purchasing an additional 1,014,951 shares during the period. Northern Trust Corp grew its stake in Antero Midstream by 22.5% during the fourth quarter. Northern Trust Corp now owns 4,105,379 shares of the pipeline company’s stock worth $61,950,000 after purchasing an additional 753,939 shares during the period. Finally, FMR LLC grew its stake in Antero Midstream by 121.9% during the third quarter. FMR LLC now owns 1,092,755 shares of the pipeline company’s stock worth $16,446,000 after purchasing an additional 600,208 shares during the period. 53.97% of the stock is currently owned by institutional investors.

Antero Midstream Company Profile

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.