NYSE:ETRN

Equitrans Midstream (ETRN) Stock Price, News & Analysis

$12.89
+0.03 (+0.23%)
(As of 04/23/2024 ET)
Today's Range
$12.80
$13.10
50-Day Range
$9.94
$12.89
52-Week Range
$4.65
$13.10
Volume
5.40 million shs
Average Volume
6.33 million shs
Market Capitalization
$5.62 billion
P/E Ratio
14.48
Dividend Yield
4.65%
Price Target
$10.86

Equitrans Midstream MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
15.7% Downside
$10.86 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.32
Upright™ Environmental Score
News Sentiment
0.78mentions of Equitrans Midstream in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.89%
From $0.87 to $1.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Oils/Energy Sector

45th out of 234 stocks

Natural Gas Transmission Industry

3rd out of 18 stocks

ETRN stock logo

About Equitrans Midstream Stock (NYSE:ETRN)

Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. The company operates through Gathering, Transmission, and Water segments. It operates dry gas gathering systems of high-pressure gathering lines and FERC-regulated interstate pipelines and storage systems. In addition, the company operates water pipelines and other facilities that deliver fresh water from local municipal water authorities, the Monongahela River, the Ohio River, local reservoirs, and several regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.

ETRN Stock Price History

ETRN Stock News Headlines

Equitrans Midstream Announces Quarterly Dividends
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Company Calendar

Ex-Dividend for 2/14 Dividend
2/05/2024
Dividend Payable
2/14/2024
Last Earnings
2/20/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
Ex-Dividend for 5/15 Dividend
5/06/2024
Dividend Payable
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Fax
N/A
Employees
773
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.86
High Stock Price Target
$13.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-15.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$445.23 million
Pretax Margin
31.27%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$1.92 per share
Book Value
$3.48 per share

Miscellaneous

Free Float
433,017,000
Market Cap
$5.62 billion
Optionable
Optionable
Beta
1.97
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Key Executives

  • Mr. Thomas F. Karam (Age 65)
    Executive Chairman
    Comp: $10.09M
  • Ms. Diana M. Charletta (Age 51)
    CEO, President & Director
    Comp: $1.51M
  • Mr. Kirk R. OliverMr. Kirk R. Oliver (Age 66)
    Executive VP & CFO
    Comp: $1.45M
  • Mr. Brian P. Pietrandrea (Age 48)
    VP & Chief Accounting Officer
    Comp: $600.52k
  • Mr. Stephen M. Moore (Age 65)
    Executive VP & Chief legal Officer
    Comp: $1.23M
  • Ms. Natalie A. Cox
    Director of Communications & Corporate Affairs
  • Mr. Nathan P. Tetlow (Age 46)
    Senior Vice President of Commercial Services
  • Mr. Justin Macken (Age 44)
    Executive Vice President of Pipeline Operations & Project Execution
  • Nathaniel D. DeRose
    Deputy General Counsel & Corporate Secretary
  • Janice Brenner
    Treasurer

ETRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Equitrans Midstream stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ETRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETRN, but not buy additional shares or sell existing shares.
View ETRN analyst ratings
or view top-rated stocks.

What is Equitrans Midstream's stock price target for 2024?

8 analysts have issued 12 month target prices for Equitrans Midstream's shares. Their ETRN share price targets range from $9.00 to $13.00. On average, they predict the company's share price to reach $10.86 in the next year. This suggests that the stock has a possible downside of 15.7%.
View analysts price targets for ETRN
or view top-rated stocks among Wall Street analysts.

How have ETRN shares performed in 2024?

Equitrans Midstream's stock was trading at $10.18 at the beginning of 2024. Since then, ETRN stock has increased by 26.6% and is now trading at $12.89.
View the best growth stocks for 2024 here
.

When is Equitrans Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our ETRN earnings forecast
.

How were Equitrans Midstream's earnings last quarter?

Equitrans Midstream Co. (NYSE:ETRN) issued its quarterly earnings results on Tuesday, February, 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.16. The company earned $360.60 million during the quarter, compared to analyst estimates of $348.04 million. Equitrans Midstream had a trailing twelve-month return on equity of 30.41% and a net margin of 30.89%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 earnings per share.

How often does Equitrans Midstream pay dividends? What is the dividend yield for Equitrans Midstream?

Equitrans Midstream announced a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Tuesday, May 7th will be given a dividend of $0.15 per share on Wednesday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date is Monday, May 6th.
Read our dividend analysis for ETRN
.

Is Equitrans Midstream a good dividend stock?

Equitrans Midstream (NYSE:ETRN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.82%. ETRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ETRN will have a dividend payout ratio of 53.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ETRN.

Who are Equitrans Midstream's major shareholders?

Equitrans Midstream's stock is owned by many different retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.24%), Raymond James & Associates (0.20%), Amalgamated Bank (0.05%), Louisiana State Employees Retirement System (0.03%), State of Michigan Retirement System (0.02%) and True North Advisors LLC (0.02%). Insiders that own company stock include Kirk R Oliver and Vicky A Bailey.
View institutional ownership trends
.

How do I buy shares of Equitrans Midstream?

Shares of ETRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ETRN) was last updated on 4/24/2024 by MarketBeat.com Staff

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