NYSE:EQMEQM Midstream Partners Stock Price, Forecast & News 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 RatingsChartCompetitorsDividendEarningsFinancialsInsider 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 potential upside of 29.3% from its current price of $21.43.Amount of Analyst CoverageEQM Midstream Partners has only been the subject of 1 research reports 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 17.47.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 19.38.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 $21.43 0.00 (0.00 %) (As of 06/16/2020) 30 days | 90 days | 365 days | Advanced Chart 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 How has EQM Midstream Partners' stock price been impacted by COVID-19? 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. Since then, EQM stock has increased by 71.3% and is now trading at $21.43. View which stocks have been most impacted by COVID-19. 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) posted its earnings results on Thursday, May, 14th. The pipeline company reported $1.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate 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. How often does EQM Midstream Partners pay dividends? What is the dividend yield for EQM Midstream Partners? 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 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 brokerages have issued 1-year price targets for EQM Midstream Partners' stock. Their forecasts range from $21.00 to $36.00. On average, they expect 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. Has EQM Midstream Partners been receiving favorable news coverage? News headlines about EQM stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news 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 nearest to five being the most favorable. EQM Midstream Partners earned a news sentiment score of -4.1 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about EQM Midstream Partners. Are investors shorting EQM Midstream Partners? EQM Midstream Partners saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,950,000 shares, an increase of 14.6% from the April 15th total of 5,190,000 shares. Based on an average daily volume of 1,980,000 shares, the short-interest ratio is presently 3.0 days. Approximately 7.4% of the shares of the company are short sold. View EQM Midstream Partners' Short Interest. Who are some of EQM Midstream Partners' key competitors? Some companies that are related to EQM Midstream Partners include Energy Transfer LP Unit (ET), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DCP Midstream (DCP), Enable Midstream Partners (ENBL), TC Pipelines (TCP), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP). 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 & Co (WFC), Alibaba Group (BABA), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), Alliance Resource Partners (ARLP) 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." How do I buy shares of 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. 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]om. This page was last updated on 8/13/2020 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
