S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:ETRN

Equitrans Midstream (ETRN) Stock Price, News & Analysis

$12.50
+0.28 (+2.29%)
(As of 03/28/2024 ET)
Today's Range
$12.20
$12.68
50-Day Range
$9.94
$12.50
52-Week Range
$4.60
$12.68
Volume
10.42 million shs
Average Volume
6.22 million shs
Market Capitalization
$5.45 billion
P/E Ratio
14.05
Dividend Yield
4.80%
Price Target
$10.86

Equitrans Midstream MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
13.1% Downside
$10.86 Price Target
Short Interest
Healthy
2.28% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.92
Upright™ Environmental Score
News Sentiment
-0.04mentions of Equitrans Midstream in the last 14 days
Based on 9 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.

3.93 out of 5 stars

Oils/Energy Sector

63rd out of 238 stocks

Natural Gas Transmission Industry

4th out of 19 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

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Stocks to Watch Monday: Boeing, Nvidia, Meta, Oracle
Why EQT Stock Is Losing Gas Today
See More Headlines
Receive ETRN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Equitrans Midstream and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/14 Dividend
2/05/2024
Dividend Payable
2/14/2024
Last Earnings
2/20/2024
Today
3/28/2024
Next Earnings (Estimated)
5/07/2024
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
-13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$445.23 million
Pretax Margin
31.27%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$1.96 per share
Book Value
$3.48 per share

Miscellaneous

Free Float
433,017,000
Market Cap
$5.45 billion
Optionable
Optionable
Beta
1.97
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

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?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last twelve months. There are currently 2 sell ratings, 4 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?

10 equities research analysts have issued 12-month target prices for Equitrans Midstream's stock. 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 twelve months. This suggests that the stock has a possible downside of 13.1%.
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 the year. Since then, ETRN stock has increased by 22.8% and is now trading at $12.50.
View the best growth stocks for 2024 here
.

Are investors shorting Equitrans Midstream?

Equitrans Midstream saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 9,900,000 shares, an increase of 10.4% from the February 14th total of 8,970,000 shares. Based on an average trading volume of 4,500,000 shares, the days-to-cover ratio is currently 2.2 days.
View Equitrans Midstream's Short Interest
.

When is Equitrans Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ETRN earnings forecast
.

How were Equitrans Midstream's earnings last quarter?

Equitrans Midstream Co. (NYSE:ETRN) posted its quarterly earnings results on Tuesday, February, 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.16. The firm had revenue of $360.60 million for 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 company's revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 EPS.

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

Equitrans Midstream announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Tuesday, February 6th will be paid a dividend of $0.15 per share on Wednesday, February 14th. This represents a $0.60 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend is Monday, February 5th.
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 5.09%. 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.79%), Vanguard Group Inc. (10.72%), Capital International Investors (8.89%), Dimensional Fund Advisors LP (2.02%), Hotchkis & Wiley Capital Management LLC (1.83%) and Price T Rowe Associates Inc. MD (1.47%). 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 3/29/2024 by MarketBeat.com Staff

From Our Partners