EQM Midstream Partners Stock Price, Forecast & Analysis (NYSE:EQM)

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

EQM Midstream Partners declared a quarterly dividend on Tuesday, October 22nd. Investors of record on Friday, November 1st will be given a dividend of $1.16 per share on Wednesday, November 13th. This represents a $4.64 dividend on an annualized basis and a yield of 18.30%. The ex-dividend date of this dividend is Thursday, October 31st. View EQM Midstream Partners' Dividend History.

EQM Midstream Partners LP (NYSE:EQM) released its quarterly earnings data on Tuesday, November, 5th. The pipeline company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.24. The pipeline company had revenue of $408.40 million for the quarter, compared to analyst estimates of $408.98 million. EQM Midstream Partners had a return on equity of 18.34% and a net margin of 18.00%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.14 EPS. View EQM Midstream Partners' Earnings History.

EQM Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for EQM Midstream Partners.

12 brokerages have issued 1 year target prices for EQM Midstream Partners' shares. Their forecasts range from $36.00 to $66.00. On average, they anticipate EQM Midstream Partners' share price to reach $48.20 in the next twelve months. This suggests a possible upside of 90.1% from the stock's current price. View Analyst Price Targets for EQM Midstream Partners.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQM Midstream Partners in the last year. There are currently 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EQM Midstream Partners.

News stories about EQM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EQM Midstream Partners earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for EQM Midstream Partners.

EQM Midstream Partners saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 4,160,000 shares, an increase of 15.2% from the September 30th total of 3,610,000 shares. Based on an average trading volume of 931,800 shares, the days-to-cover ratio is currently 4.5 days. Approximately 5.1% of the shares of the company are short sold. View EQM Midstream Partners' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other EQM Midstream Partners investors own include Energy Transfer LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), Mplx (MPLX), Kinder Morgan (KMI), Alibaba Group (BABA), Blackstone Group (BX), Marathon Petroleum (MPC) and AbbVie (ABBV).

EQM Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (4.81%), Massachusetts Financial Services Co. MA (1.05%), Kayne Anderson Capital Advisors LP (0.71%), CIBC Private Wealth Group LLC (0.49%), Northwestern Mutual Investment Management Company LLC (0.43%) and Cadence Capital Management LLC (0.23%). Company insiders that own EQM Midstream Partners stock include Brian P Pietrandrea and Michael A Bryson. View Institutional Ownership Trends for EQM Midstream Partners.

EQM stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Kayne Anderson Capital Advisors LP, Dividend Assets Capital LLC, Spirit of America Management Corp NY, BB&T Securities LLC, Oppenheimer Asset Management Inc., Usca Ria LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for EQM Midstream Partners.

EQM stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Massachusetts Financial Services Co. MA, Northwestern Mutual Investment Management Company LLC, First Trust Advisors LP, California Public Employees Retirement System, Cincinnati Insurance Co., Cadence Capital Management LLC and Groesbeck Investment Management Corp NJ. Company insiders that have bought EQM Midstream Partners stock in the last two years include Brian P Pietrandrea and Michael A Bryson. View Insider Buying and Selling for EQM Midstream Partners.

Shares of EQM 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 EQM stock can currently be purchased for approximately $25.35.

EQM Midstream Partners has a market capitalization of $5.26 billion and generates $1.50 billion in revenue each year. The pipeline company earns $668 million in net income (profit) each year or $5.07 on an earnings per share basis. View Additional Information About EQM Midstream Partners.

The official website for EQM Midstream Partners is http://www.eqm-midstreampartners.com/.

EQM Midstream Partners' mailing address is 2200 Energy Drive, Canonsburg PA, 15317. The pipeline company can be reached via phone at 724-271-7600 or via email at [email protected]