NYSE:CNXM - CNX Midstream Partners Stock Price, Forecast & News

CNX Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNXM."

CNX Midstream Partners announced a quarterly dividend on Thursday, January 23rd. Stockholders of record on Wednesday, February 5th will be paid a dividend of $0.414 per share on Thursday, February 13th. This represents a $1.66 annualized dividend and a dividend yield of 13.25%. The ex-dividend date is Tuesday, February 4th. This is a positive change from CNX Midstream Partners's previous quarterly dividend of $0.40. View CNX Midstream Partners' Dividend History.

CNX Midstream Partners LP (NYSE:CNXM) issued its quarterly earnings data on Thursday, January, 30th. The pipeline company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.18. The pipeline company earned $81.50 million during the quarter, compared to the consensus estimate of $73.90 million. CNX Midstream Partners had a net margin of 57.00% and a return on equity of 40.37%. The firm's quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. View CNX Midstream Partners' Earnings History.

CNX Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for CNX Midstream Partners.

5 brokerages have issued 12 month price targets for CNX Midstream Partners' stock. Their forecasts range from $14.00 to $18.00. On average, they anticipate CNX Midstream Partners' stock price to reach $16.25 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for CNX Midstream Partners.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Midstream Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Midstream Partners.

Headlines about CNXM stock have been trending very negative this week, InfoTrie reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CNX Midstream Partners earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for CNX Midstream Partners.

CNX Midstream Partners saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,400,000 shares, a decrease of 12.5% from the December 31st total of 1,600,000 shares. Based on an average daily volume of 406,200 shares, the days-to-cover ratio is presently 3.4 days. Currently, 2.2% of the company's shares are sold short. View CNX Midstream Partners' Current Options Chain.

Some companies that are related to CNX Midstream Partners include EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), TC Pipelines (TCP), DCP Midstream (DCP), Rattler Midstream (RTLR), Antero Midstream (AM), EnLink Midstream (ENLC), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Midstream Partners investors own include Oasis Midstream Partners (OMP), Energy Transfer LP Unit (ET), BGC Partners (BGCP), New Residential Investment (NRZ), AT&T (T), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), AGNC Investment (AGNC), NVIDIA (NVDA) and ARBOR RLTY TR I/SH (ABR).

CNX Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (7.09%), Tortoise Capital Advisors L.L.C. (7.09%), Eagle Global Advisors LLC (1.70%), UBS Group AG (0.94%), First Trust Advisors LP (0.75%) and Spirit of America Management Corp NY (0.72%). Company insiders that own CNX Midstream Partners stock include N J Deiuliis and Nbl Midstream, Llc. View Institutional Ownership Trends for CNX Midstream Partners.

CNXM stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Cohen & Steers Inc., Eagle Global Advisors LLC, UBS Group AG, Citigroup Inc., Requisite Capital Management LLC, Spirit of America Management Corp NY and Barnett & Company Inc.. View Insider Buying and Selling for CNX Midstream Partners.

CNXM stock was bought by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Jane Street Group LLC, Hotchkis & Wiley Capital Management LLC, Virtus ETF Advisers LLC, Advisors Asset Management Inc., First Trust Advisors LP and Janney Montgomery Scott LLC. View Insider Buying and Selling for CNX Midstream Partners.

Shares of CNXM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CNXM stock can currently be purchased for approximately $12.50.

CNX Midstream Partners has a market capitalization of $1.12 billion and generates $305.80 million in revenue each year. The pipeline company earns $174.31 million in net income (profit) each year or $2.44 on an earnings per share basis. View Additional Information About CNX Midstream Partners.

The official website for CNX Midstream Partners is http://www.cnxmidstream.com/.

CNX Midstream Partners' mailing address is 1000 CONSOL Energy Drive, CANONSBURG PA, 15317. The pipeline company can be reached via phone at 724-485-4000 or via email at [email protected]