Equitrans Midstream - ETRN Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last year. There are currently 3 sell ratings and 6 hold 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.

9 analysts have issued 12 month price objectives for Equitrans Midstream's shares. Their ETRN share price forecasts range from $6.00 to $9.00. On average, they anticipate the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price.
View analysts price targets for ETRN or view top-rated stocks among Wall Street analysts.

Equitrans Midstream's stock was trading at $6.70 on January 1st, 2023. Since then, ETRN stock has decreased by 21.6% and is now trading at $5.25.
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Equitrans Midstream saw a increase in short interest in March. As of March 15th, there was short interest totaling 17,480,000 shares, an increase of 23.9% from the February 28th total of 14,110,000 shares. Based on an average daily trading volume, of 4,140,000 shares, the short-interest ratio is currently 4.2 days. Currently, 4.1% of the shares of the stock are short sold.
View Equitrans Midstream's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our ETRN earnings forecast.

Equitrans Midstream Co. (NYSE:ETRN) released its quarterly earnings results on Tuesday, February, 21st. The company reported $0.13 earnings per share for the quarter, hitting analysts' consensus estimates of $0.13. The company had revenue of $355.24 million for the quarter, compared to analysts' expectations of $336.26 million. Equitrans Midstream had a positive trailing twelve-month return on equity of 14.20% and a negative net margin of 18.77%. The business's revenue was up 44.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.07) earnings per share.

Equitrans Midstream announced a quarterly dividend on Tuesday, January 24th. Investors of record on Monday, February 6th will be paid a dividend of $0.15 per share on Tuesday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.43%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for ETRN.

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), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI), VanEck Energy Income ETF (EINC), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Tortoise North American Pipeline Fund (TPYP) and VanEck Morningstar SMID Moat ETF (SMOT).

Equitrans Midstream (NYSE:ETRN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 11.47%. ETRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ETRN.

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

Equitrans Midstream's stock is owned by a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.21%), Dimensional Fund Advisors LP (2.08%), Geode Capital Management LLC (1.78%), Tortoise Capital Advisors L.L.C. (1.53%), Mirae Asset Global Investments Co. Ltd. (1.03%) and Charles Schwab Investment Management Inc. (0.87%). Insiders that own company stock include Kirk R Oliver, Thomas F Karam and Vicky A Bailey.
View institutional ownership trends.

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.
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One share of ETRN stock can currently be purchased for approximately $5.25.

Equitrans Midstream (NYSE:ETRN) has a market capitalization of $2.28 billion and generates $1.36 billion in revenue each year. The company earns $-269,340,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis.

The company employs 766 workers across the globe.

Equitrans Midstream's mailing address is 2200 ENERGY DRIVE, CANONSBURG PA, 15317. The official website for the company is www.equitransmidstream.com. The company can be reached via phone at (724) 271-7600 or via email at ntetlow@equitransmidstream.com.