NYSE:EQM EQM Midstream Partners Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EQM Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $21.43 0.00 (0.00 %) (As of 06/16/2020) Add Compare Share Today's Range$20.00Now: $21.43▼$22.4750-Day Range$21.43MA: $21.43▼$21.4352-Week Range$7.34Now: $21.43▼$45.69Volume21.47 million shsAverage Volume1.89 million shsMarket Capitalization$4.45 billionP/E Ratio45.60Dividend Yield7.23%Beta1.98 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EQM Midstream Partners, LP owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. As of December 31, 2018, the company owned approximately 700 miles of high-pressure gathering lines and 1,500 miles of Federal Energy Regulatory Commission (FERC) regulated low-pressure gathering lines; approximately 950 miles of FERC regulated interstate pipelines; and approximately 160 miles of pipelines. It serves local distribution companies, marketers, producers, utilities, and other customers primarily in Pennsylvania, West Virginia, and Ohio. The company was formerly known as EQT Midstream Partners, LP and changed its name to EQM Midstream Partners, LP in October 2018. EQM Midstream Partners, LP is headquartered in Pittsburgh, Pennsylvania.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingEQM Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.71, EQM Midstream Partners has a forecasted upside of 29.3% from its current price of $21.43.Amount of Analyst CoverageEQM Midstream Partners has received no research coverage in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesEQM Midstream Partners has received 486 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEQM Midstream Partners has received 433 “underperform” votes. (Add your “underperform” vote.)Community SentimentEQM Midstream Partners has received 52.88% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about EQM Midstream Partners and other stocks. Vote “Outperform” if you believe EQM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EQM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipEQM Midstream Partners is a leading dividend payer. It pays a dividend yield of 7.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEQM Midstream Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EQM Midstream Partners is 60.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, EQM Midstream Partners will have a dividend payout ratio of 50.65% next year. This indicates that EQM Midstream Partners will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EQM Midstream Partners insiders have not sold or bought any company stock.Percentage Held by Institutions35.74% of the stock of EQM Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for EQM Midstream Partners are expected to decrease by -26.09% in the coming year, from $4.14 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EQM Midstream Partners is 45.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of EQM Midstream Partners is 45.60, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioEQM Midstream Partners has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.15 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:EQM Previous Symbol CUSIPN/A CIK1540947 Webwww.eqm-midstreampartners.com Phone724-271-7600Debt Debt-to-Equity Ratio1.47 Current Ratio1.02 Quick Ratio1.02Price-To-Earnings Trailing P/E Ratio45.60 Forward P/E Ratio5.18 P/E GrowthN/A Sales & Book Value Annual Sales$1.63 billion Price / Sales2.73 Cash Flow$8.57 per share Price / Cash Flow2.50 Book Value$21.57 per share Price / Book0.99Profitability EPS (Most Recent Fiscal Year)$2.55 Net Income$183.37 million Net Margins7.37% Return on Equity20.13% Return on Assets7.87%Miscellaneous EmployeesN/A Outstanding Shares207,457,000Market Cap$4.45 billion Next Earnings DateN/A OptionableOptionable Receive EQM News and Ratings via Email Sign-up to receive the latest news and ratings for EQM and its competitors with MarketBeat's FREE daily newsletter. EQM Midstream Partners (NYSE:EQM) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of EQM Midstream Partners? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQM Midstream Partners in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for EQM Midstream Partners. How were EQM Midstream Partners' earnings last quarter? EQM Midstream Partners LP (NYSE:EQM) announced its quarterly earnings data on Thursday, May, 14th. The pipeline company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.26. The pipeline company had revenue of $453.11 million for the quarter, compared to analyst estimates of $404.18 million. EQM Midstream Partners had a net margin of 7.37% and a return on equity of 20.13%. View EQM Midstream Partners' earnings history. How often does EQM Midstream Partners pay dividends? What is the dividend yield for EQM Midstream Partners? EQM Midstream Partners announced 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 yield of 7.23%. The ex-dividend date is Monday, May 4th. View EQM Midstream Partners' dividend history. What price target have analysts set for EQM? 7 brokers have issued 1 year target prices for EQM Midstream Partners' stock. Their forecasts range from $21.00 to $36.00. On average, they anticipate EQM Midstream Partners' share price to reach $27.71 in the next year. This suggests a possible upside of 29.3% from the stock's current price. View analysts' price targets for EQM Midstream Partners. Who are some of EQM Midstream Partners' key competitors? Some companies that are related to EQM Midstream Partners include Energy Transfer LP Unit (ET), Equitrans Midstream (ETRN), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), USA Compression Partners (USAC), Rattler Midstream (RTLR), Archrock (AROC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS) and Altus Midstream (ALTM). View all competitors. What other stocks do shareholders of EQM Midstream Partners own? 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), NGL Energy Partners (NGL), Wells Fargo & Company (WFC), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), Alliance Resource Partners (ARLP), Alibaba Group (BABA) and EPR Properties (EPR). Who are EQM Midstream Partners' key executives? EQM Midstream Partners' management team includes the following people: Mr. Thomas F. Karam, Chairman, Pres & CEO of EQM Midstream Services, LLC (Age 60)Mr. Kirk R. Oliver, Sr. VP, CFO & Director of EQM Midstream Services, LLC (Age 61)Ms. Diana M. Charletta, Exec. VP, COO & Director of EQM Midstream Services, LLC (Age 47)Mr. Phillip D. Swisher, VP & Chief Accounting Officer of EQM Midstream Services, LLC (Age 46)Mr. Nathan Tetlow, VP of Corp. Devel. & Investor Relations What is EQM Midstream Partners' stock symbol? EQM Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQM." What is EQM Midstream Partners' stock price today? One share of EQM stock can currently be purchased for approximately $21.43. How big of a company is EQM Midstream Partners? EQM Midstream Partners has a market capitalization of $4.45 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. What is EQM Midstream Partners' official website? The official website for EQM Midstream Partners is www.eqm-midstreampartners.com. How can I contact EQM Midstream Partners? 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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