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 $13.43 +0.56 (+4.35 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$12.27Now: $13.43▼$13.6750-Day Range$9.50MA: $15.60▼$23.5452-Week Range$7.34Now: $13.43▼$47.53Volume1.58 million shsAverage Volume1.74 million shsMarket Capitalization$2.79 billionP/E Ratio14.14Dividend Yield36.05%Beta1.38 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.56, EQM Midstream Partners has a potential upside of 157.3% from its current price of $13.43.Amount of Analyst CoverageEQM Midstream Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesEQM Midstream Partners has received 482 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEQM Midstream Partners has received 428 “underperform” votes. (Add your “underperform” vote.)Community SentimentEQM Midstream Partners has received 52.97% “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 2.5 Dividend Strength Dividend LeadershipEQM Midstream Partners is a leading dividend payer. It pays a dividend yield of 36.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEQM Midstream Partners has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of EQM Midstream Partners is 181.96 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, EQM Midstream Partners will have a dividend payout ratio of 142.77 % in the coming year. This indicates that EQM Midstream Partners may not be able to sustain their current 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 Institutions37.47% 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 -12.87% in the coming year, from $3.73 to $3.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EQM Midstream Partners is 14.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of EQM Midstream Partners is 14.14, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.78.Price to Book Value per Share RatioEQM Midstream Partners has a P/B Ratio of 0.62. 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: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 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 Webhttp://www.eqm-midstreampartners.com/ Phone724-271-7600Debt Debt-to-Equity Ratio1.29 Current Ratio0.93 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio14.14 Forward P/E Ratio3.60 P/E GrowthN/A Sales & Book Value Annual Sales$1.63 billion Price / Sales1.71 Cash Flow$9.88 per share Price / Cash Flow1.36 Book Value$21.57 per share Price / Book0.62Profitability EPS (Most Recent Fiscal Year)$2.55 Net Income$183.37 million Net Margins7.67% Return on Equity19.73% Return on Assets8.39%Miscellaneous EmployeesN/A Outstanding Shares207,457,000Market Cap$2.79 billion Next Earnings Date5/5/2020 (Estimated) 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 Rates by TradingView EQM Midstream Partners (NYSE:EQM) Frequently Asked Questions How has EQM Midstream Partners' stock been impacted by COVID-19 (Coronavirus)? EQM Midstream Partners' stock was trading at $12.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EQM stock has increased by 7.4% and is now trading at $13.43. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of EQM Midstream Partners? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQM Midstream Partners in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for EQM Midstream Partners. When is EQM Midstream Partners' next earnings date? EQM Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for EQM Midstream Partners. How were EQM Midstream Partners' earnings last quarter? EQM Midstream Partners LP (NYSE:EQM) issued its quarterly earnings data on Thursday, February, 27th. The pipeline company reported $1.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.13 by $0.06. The pipeline company had revenue of $425.86 million for the quarter, compared to analysts' expectations of $418.95 million. EQM Midstream Partners had a return on equity of 19.73% and a net margin of 7.67%. EQM Midstream Partners's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.89) earnings per share. 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 Wednesday, January 15th. Shareholders of record on Tuesday, February 4th will be given a dividend of $1.16 per share on Thursday, February 13th. This represents a $4.64 annualized dividend and a yield of 34.55%. The ex-dividend date of this dividend is Monday, February 3rd. View EQM Midstream Partners' dividend history. What price target have analysts set for EQM? 10 analysts have issued 12 month target prices for EQM Midstream Partners' stock. Their forecasts range from $22.00 to $52.00. On average, they expect EQM Midstream Partners' share price to reach $34.56 in the next year. This suggests a possible upside of 157.3% from the stock's current price. View analysts' price targets for EQM Midstream Partners. Has EQM Midstream Partners been receiving favorable news coverage? Headlines about EQM stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. EQM Midstream Partners earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutEQM Midstream Partners. Are investors shorting EQM Midstream Partners? EQM Midstream Partners saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,619,100 shares, an increase of 29.4% from the February 27th total of 3,570,000 shares. Based on an average daily trading volume, of 1,420,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 5.6% of the shares of the company are sold short. View EQM Midstream Partners' Current Options Chain. Who are some of EQM Midstream Partners' key competitors? Some companies that are related to EQM Midstream Partners include Tallgrass Energy (TGE), TC Pipelines (TCP), Targa Resources (TRGP), Western Midstream Partners (WES), Enable Midstream Partners (ENBL), Antero Midstream (AM), DCP Midstream (DCP), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS), Archrock (AROC), Rattler Midstream (RTLR), USA Compression Partners (USAC), EnLink Midstream (ENLC) and Summit Midstream Partners (SMLP). 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), Mplx (MPLX), New Residential Investment (NRZ), AbbVie (ABBV), EPR Properties (EPR), NGL Energy Partners (NGL), Exxon Mobil (XOM) and Magellan Midstream Partners (MMP). 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." Who are EQM Midstream Partners' major shareholders? EQM Midstream Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own EQM Midstream Partners stock include Brian P Pietrandrea and Michael A Bryson. View institutional ownership trends for EQM Midstream Partners. Which major investors are selling EQM Midstream Partners stock? EQM stock was sold by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity for EQM Midstream Partners. 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 $13.43. How big of a company is EQM Midstream Partners? EQM Midstream Partners has a market capitalization of $2.79 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. View additional information about EQM Midstream Partners. What is EQM Midstream Partners' official website? The official website for EQM Midstream Partners is http://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 4/3/2020 by MarketBeat.com StaffFeatured Article: How does a dividend reinvestment plan work?
