NYSE:EQMEQM Midstream Partners Stock Price, Forecast & News

EQM Midstream Partners' stock was trading at $12.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, EQM shares have increased by 57.1% and is now trading at $19.65. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQM Midstream Partners in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for EQM Midstream Partners.

EQM Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for EQM Midstream Partners.

EQM Midstream Partners LP (NYSE:EQM) posted its earnings results on Thursday, May, 14th. The pipeline company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.26. The pipeline company had revenue of $453.11 million for the quarter, compared to analysts' expectations of $404.18 million. EQM Midstream Partners had a return on equity of 20.13% and a net margin of 7.37%. View EQM Midstream Partners' earnings history.

EQM Midstream Partners declared a quarterly dividend on Monday, April 27th. Shareholders of record on Tuesday, May 5th will be given a dividend of $0.3875 per share on Thursday, May 14th. This represents a $1.55 annualized dividend and a dividend yield of 7.89%. The ex-dividend date of this dividend is Monday, May 4th. View EQM Midstream Partners' dividend history.

9 Wall Street analysts have issued 12-month price objectives for EQM Midstream Partners' stock. Their forecasts range from $21.00 to $46.00. On average, they expect EQM Midstream Partners' stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View analysts' price targets for EQM Midstream Partners.

Press coverage about EQM stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. EQM Midstream Partners earned a coverage optimism score of -3.4 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutEQM Midstream Partners.

EQM Midstream Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,950,000 shares, an increase of 14.6% from the April 30th total of 5,190,000 shares. Based on an average daily volume of 1,980,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 7.4% of the shares of the stock are sold short. View EQM Midstream Partners' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other EQM Midstream Partners investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Mplx (MPLX), New Residential Investment (NRZ), NGL Energy Partners (NGL), Macerich (MAC), ANNALY CAP MGMT/SH (NLY), EPR Properties (EPR) and Hoegh LNG Partners (HMLP).

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

EQM Midstream Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (5.18%), Invesco Ltd. (4.55%), Harvest Fund Advisors LLC (2.39%), Morgan Stanley (1.69%), Morgan Stanley (1.69%) and State of Michigan Retirement System (1.40%). View institutional ownership trends for EQM Midstream Partners.

EQM stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, UBS Group AG, Northwestern Mutual Investment Management Company LLC, Invesco Ltd., Infrastructure Capital Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Cohen & Steers Inc., and Clearbridge Investments LLC. View insider buying and selling activity for EQM Midstream Partners.

EQM stock was purchased by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Alps Advisors Inc., Citigroup Inc., Harvest Fund Advisors LLC, and Zimmer Partners LP. View insider buying and selling activity 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 $19.65.

EQM Midstream Partners has a market capitalization of $4.08 billion and generates $1.63 billion in revenue each year. The pipeline company earns $183.37 million in net income (profit) each year or $2.55 on an earnings per share basis.

The official website for EQM Midstream Partners is 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]