Equitrans Midstream Stock Price, News & Analysis (NYSE:ETRN) $9.79 -0.06 (-0.61%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$9.70▼$9.9750-Day Range$8.62▼$10.4552-Week Range$4.60▼$10.48Volume3.18 million shsAverage Volume5.52 million shsMarket Capitalization$4.24 billionP/E Ratio13.41Dividend Yield6.13%Price Target$10.19 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Equitrans Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.30 Rating ScoreUpside/Downside4.1% Upside$10.19 Price TargetShort InterestHealthy2.42% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-8.23Upright™ Environmental ScoreNews Sentiment0.28Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth40.00%From $0.60 to $0.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsEnergy Sector28th out of 49 stocksOil & Gas Midstream Industry4th out of 7 stocks 1.2 Analyst's Opinion Consensus RatingEquitrans Midstream 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 $10.19, Equitrans Midstream has a forecasted upside of 4.1% from its current price of $9.79.Amount of Analyst CoverageEquitrans Midstream has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.42% of the float of Equitrans Midstream has been sold short.Short Interest Ratio / Days to CoverEquitrans Midstream has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equitrans Midstream has recently increased by 5.89%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEquitrans Midstream is a leading dividend payer. It pays a dividend yield of 5.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquitrans Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Equitrans Midstream is 82.19%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Equitrans Midstream will have a dividend payout ratio of 71.43% next year. This indicates that Equitrans Midstream will be able to sustain or increase its dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquitrans Midstream has received a -29.01% net impact score from Upright. The largest negative impact of Equitrans Midstream in category "GHG emissions" seems to be driven mostly by its "Natural gas transfer pump maintenance", "Natural gas pipes", and "Natural gas containers" products. See details.Environmental SustainabilityThe Environmental Impact score for Equitrans Midstream is -8.23. Previous Next 1.8 News and Social Media Coverage News SentimentEquitrans Midstream has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Equitrans Midstream this week, compared to 5 articles on an average week.Search InterestOnly 8 people have searched for ETRN on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Equitrans Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equitrans Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.52% of the stock of Equitrans Midstream is held by insiders.Percentage Held by Institutions86.68% of the stock of Equitrans Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Equitrans Midstream are expected to grow by 40.00% in the coming year, from $0.60 to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equitrans Midstream is 13.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Equitrans Midstream is 13.41, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.49.Price to Earnings Growth RatioEquitrans Midstream has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEquitrans Midstream has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Equitrans Midstream Stock (NYSE:ETRN)Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. The company operates dry gas gathering systems of high-pressure gathering lines; FERC-regulated interstate pipelines and storage systems; and water pipelines and other facilities that deliver fresh water from local municipal water authorities, the Monongahela River, the Ohio River, local reservoirs, and several regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.Read More ETRN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ETRN Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comEquitrans Midstream (NYSE:ETRN) Downgraded by Wolfe Research to Peer PerformDecember 5, 2023 | americanbankingnews.comTraders Buy High Volume of Equitrans Midstream Call Options (NYSE:ETRN)December 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 4, 2023 | markets.businessinsider.comHold Rating for Equitrans Midstream Amid Flat Growth Prospects and Potential Acquisition ScenariosDecember 3, 2023 | seekingalpha.comEquitrans Midstream jumps on report of review of potential saleDecember 1, 2023 | finance.yahoo.comEquitrans in early stages of discussing asset sale - Bloomberg NewsDecember 1, 2023 | finance.yahoo.comMountain Valley Pipeline Owner Explores Options Including SaleNovember 30, 2023 | markets.businessinsider.comMaintaining Buy Rating for Equitrans Midstream on Mountain Valley Pipeline ProgressDecember 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 14, 2023 | finance.yahoo.comInvestors in Equitrans Midstream (NYSE:ETRN) have unfortunately lost 33% over the last five yearsNovember 2, 2023 | finance.yahoo.comEquitrans Midstream Assures Investors on New Timeline for MVPNovember 1, 2023 | bizjournals.comState attorney general charges Equitrans in connection with house explosionNovember 1, 2023 | finance.yahoo.comEquitrans Midstream Corporation (NYSE:ETRN) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comMRO or ETRN: Which Is the Better Value Stock Right Now?November 1, 2023 | finance.yahoo.comQ3 2023 Equitrans Midstream Corp Earnings CallOctober 31, 2023 | msn.comMorgan Stanley Maintains Equitrans Midstream (ETRN) Overweight RecommendationOctober 31, 2023 | msn.comEnergy Company Equitrans Midstream Reports 2% Revenue Growth In Q3, Breezes Past ExpectationsOctober 31, 2023 | seekingalpha.comEquitrans Midstream Corporation 2023 Q3 - Results - Earnings Call PresentationOctober 31, 2023 | finance.yahoo.comEquitrans Midstream (ETRN) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesOctober 31, 2023 | msn.comEquitrans Midstream Non-GAAP EPS of $0.28 beats by $0.22, revenue of $338.5M beats by $10.48MOctober 31, 2023 | finance.yahoo.comEquitrans Midstream Corp (ETRN) Reports Q3 2023 Earnings: Net Income at $129.7 MillionOctober 31, 2023 | finance.yahoo.comEquitrans Midstream Announces Third Quarter 2023 ResultsOctober 29, 2023 | au.investing.comEquitrans Midstream readies for November dividend payout amidst cautious optimismOctober 26, 2023 | finance.yahoo.comEquitrans Midstream Declares Quarterly Cash DividendsOctober 24, 2023 | finance.yahoo.comEquitrans Midstream (ETRN) Reports Next Week: Wall Street Expects Earnings GrowthOctober 22, 2023 | seekingalpha.comEquitrans: MVP Woes ContinueOctober 20, 2023 | finance.yahoo.comWill Equitrans Midstream (ETRN) Beat Estimates Again in Its Next Earnings Report?See More Headlines Receive ETRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Equitrans Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/31/2023Ex-Dividend for 11/14 Dividend11/02/2023Dividend Payable11/14/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & Gas Midstream Sub-IndustryN/A SectorEnergy Current SymbolNYSE:ETRN CUSIPN/A CIK1747009 Webwww.equitransmidstream.com Phone(724) 271-7600FaxN/AEmployees766Year FoundedN/APrice Target and Rating Average Stock Price Target$10.19 High Stock Price Target$13.00 Low Stock Price Target$6.00 Potential Upside/Downside+4.1%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.73 Trailing P/E Ratio13.41 Forward P/E Ratio16.32 P/E Growth0.78Net Income$-269,340,000.00 Net Margins26.09% Pretax Margin26.73% Return on Equity25.29% Return on Assets3.39% Debt Debt-to-Equity Ratio4.67 Current Ratio0.75 Quick Ratio0.75 Sales & Book Value Annual Sales$1.39 billion Price / Sales3.05 Cash Flow$1.29 per share Price / Cash Flow7.61 Book Value$3.22 per share Price / Book3.04Miscellaneous Outstanding Shares433,261,000Free Float431,008,000Market Cap$4.24 billion OptionableOptionable Beta1.86 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Thomas F. Karam (Age 64)Chairman of the Board & CEO Comp: $2.4MMs. Diana M. Charletta (Age 50)President, COO & Director Comp: $1.36MMr. Kirk R. Oliver (Age 65)Senior VP & CFO Comp: $1.31MMr. Brian P. Pietrandrea (Age 47)VP & Chief Accounting Officer Comp: $523.74kMr. Stephen M. Moore (Age 64)Senior VP & General Counsel Comp: $1.02MMr. Nathan TetlowVice President of Corporate Development & Investor RelationsMs. Natalie A. CoxDirector of Communications & Corporate AffairsJustin MackenSenior Vice President of Gas Systems, Planning & EngineeringNathaniel D. DeRoseDeputy General Counsel & Corporate SecretaryJanice BrennerTreasurerMore ExecutivesKey CompetitorsKinetikNASDAQ:KNTKDT MidstreamNYSE:DTMEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsHudson Bay Capital Management LPBought 323,392 shares on 12/7/2023Ownership: 0.075%Citigroup Inc.Sold 197,727 shares on 12/6/2023Ownership: 0.011%American Century Companies Inc.Bought 586,997 shares on 11/30/2023Ownership: 0.910%Deutsche Bank AGBought 33,134 shares on 11/24/2023Ownership: 0.054%Walleye Capital LLCBought 41,100 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ETRN Stock Analysis - Frequently Asked Questions Should I buy or sell Equitrans Midstream stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ETRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETRN, but not buy additional shares or sell existing shares. View ETRN analyst ratings or view top-rated stocks. What is Equitrans Midstream's stock price target for 2024? 10 Wall Street analysts have issued 1-year target prices for Equitrans Midstream's stock. Their ETRN share price targets range from $6.00 to $13.00. On average, they expect the company's share price to reach $10.19 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for ETRN or view top-rated stocks among Wall Street analysts. How have ETRN shares performed in 2023? Equitrans Midstream's stock was trading at $6.70 at the beginning of 2023. Since then, ETRN stock has increased by 46.1% and is now trading at $9.79. View the best growth stocks for 2023 here. Are investors shorting Equitrans Midstream? Equitrans Midstream saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 10,430,000 shares, an increase of 5.9% from the October 31st total of 9,850,000 shares. Based on an average trading volume of 4,100,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.4% of the company's shares are sold short. View Equitrans Midstream's Short Interest. When is Equitrans Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our ETRN earnings forecast. How were Equitrans Midstream's earnings last quarter? Equitrans Midstream Co. (NYSE:ETRN) released its quarterly earnings data on Tuesday, October, 31st. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.12. The firm had revenue of $338.51 million for the quarter, compared to analyst estimates of $333.49 million. Equitrans Midstream had a trailing twelve-month return on equity of 25.29% and a net margin of 26.09%. How often does Equitrans Midstream pay dividends? What is the dividend yield for Equitrans Midstream? Equitrans Midstream announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Friday, November 3rd will be given a dividend of $0.15 per share on Tuesday, November 14th. This represents a $0.60 annualized dividend and a yield of 6.13%. The ex-dividend date of this dividend is Thursday, November 2nd. Read our dividend analysis for ETRN. Is Equitrans Midstream a good dividend stock? Equitrans Midstream (NYSE:ETRN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.75%. ETRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ETRN will have a dividend payout ratio of 71.43% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ETRN. What ETFs hold Equitrans Midstream's stock? ETFs with the largest weight of Equitrans Midstream (NYSE:ETRN) stock in their portfolio include Alerian Energy Infrastructure ETF (ENFR), Global X MLP & Energy Infrastructure ETF (MLPX), USCF Midstream Energy Income Fund (UMI), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI), Invesco Dorsey Wright Energy Momentum ETF (PXI), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and VanEck Morningstar SMID Moat ETF (SMOT). Who are Equitrans Midstream's major shareholders? Equitrans Midstream's stock is owned by many different institutional and retail investors. Top institutional shareholders include KGH Ltd (2.01%), Blackstone Inc. (1.75%), Bank of New York Mellon Corp (1.43%), Northern Trust Corp (1.25%), Invesco Ltd. (1.16%) and Mirae Asset Global Investments Co. Ltd. (1.02%). Insiders that own company stock include Kirk R Oliver and Vicky A Bailey. View institutional ownership trends. How do I buy shares of Equitrans Midstream? Shares of ETRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:ETRN) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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