NYSE:ETRN Equitrans Midstream (ETRN) Stock Forecast, Price & News $9.56 +0.22 (+2.36%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$9.39▼$9.6550-Day Range$8.84▼$10.3852-Week Range$4.60▼$10.48Volume3.45 million shsAverage Volume5.79 million shsMarket Capitalization$4.14 billionP/E RatioN/ADividend Yield6.28%Price Target$9.69 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equitrans Midstream MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside1.5% Upside$9.69 Price TargetShort InterestHealthy3.19% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-8.63Upright™ Environmental ScoreNews Sentiment0.78Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth104.35%From $0.46 to $0.94 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.2.02 out of 5 starsOils/Energy Sector172nd out of 229 stocksNatural Gas Transmission Industry13th out of 18 stocks 1.1 Analyst's Opinion Consensus RatingEquitrans Midstream has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 4 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.69, Equitrans Midstream has a forecasted upside of 1.5% from its current price of $9.56.Amount of Analyst CoverageEquitrans Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.19% 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 decreased by 7.48%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEquitrans Midstream is a leading dividend payer. It pays a dividend yield of 6.29%, 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 SustainabilityBased on earnings estimates, Equitrans Midstream will have a dividend payout ratio of 63.83% next year. This indicates that Equitrans Midstream will be able to sustain or increase its dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquitrans Midstream has received a -35.11% 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 pipes", "Natural gas pipe maintenance", and "Natural gas containers" products. See details.Environmental SustainabilityThe Environmental Impact score for Equitrans Midstream is -8.63. Previous Next 2.7 News and Social Media Coverage News SentimentEquitrans Midstream has a news sentiment score of 0.78. 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 higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Equitrans Midstream this week, compared to 5 articles on an average week.Search InterestOnly 9 people have searched for ETRN on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows10 people have added Equitrans Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Equitrans Midstream are expected to grow by 104.35% in the coming year, from $0.46 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equitrans Midstream is -13.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Equitrans Midstream is -13.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioEquitrans Midstream has a PEG Ratio of 1.17. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquitrans Midstream has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Equitrans Midstream (NYSE:ETRN) StockEquitrans 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ETRN Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comEquitrans Midstream Co. (NYSE:ETRN) Receives Average Recommendation of "Hold" from AnalystsSeptember 9, 2023 | msn.comEquitrans Midstream names Diana Charletta as new chief executiveSeptember 22, 2023 | Stansberry Research (Ad)U.S. "Shadow Banks" About to Blow up again?Analyst who called Lehman crash says our biggest calamities (1907, 1929, 2007, etc) all start in the same spot--and it’s about to happen again. More here.September 7, 2023 | finance.yahoo.comEquitrans announces CEO transition plansSeptember 7, 2023 | reuters.comEquitrans CEO Karam to step down, insider Charletta to succeedAugust 24, 2023 | finance.yahoo.comEquitrans Midstream says November gas leak caused by failure due to corrosionAugust 24, 2023 | finance.yahoo.comEquitrans Midstream Provides Rager Mountain Storage Facility UpdateAugust 22, 2023 | msn.comEquitrans Midstream: Mountain Valley Pipeline Already Priced Into The StockSeptember 22, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 22, 2023 | msn.comA Few Things To Note If You're Contemplating A Position In Equitrans MidstreamAugust 21, 2023 | finance.yahoo.comEquitrans Midstream Corporation (NYSE:ETRN) is a favorite amongst institutional investors who own 87%August 16, 2023 | finance.yahoo.com15 Best Performing Stocks in the Last 3 MonthsAugust 14, 2023 | msn.comU.S. safety agency orders inspections in latest hurdle for Mountain Valley PipelineAugust 14, 2023 | finance.yahoo.comEquitrans Midstream Looks Like a Good BetAugust 12, 2023 | finance.yahoo.comEquitrans Midsteam looks like a Good BetAugust 11, 2023 | finance.yahoo.comUS appeals court rejects challenge to Mountain Valley pipelineAugust 2, 2023 | finance.yahoo.comQ2 2023 Equitrans Midstream Corp Earnings CallAugust 1, 2023 | bizjournals.comEquitrans gets the go-ahead for pipeline expansion projectAugust 1, 2023 | bizjournals.comMountain Valley Pipeline resumes constructionAugust 1, 2023 | finance.yahoo.comCompared to Estimates, Equitrans Midstream (ETRN) Q2 Earnings: A Look at Key MetricsAugust 1, 2023 | finance.yahoo.comEquitrans confident Mountain Valley Pipeline will be done by year endAugust 1, 2023 | finance.yahoo.comEquitrans US Mountain Valley natgas pipe on track for end 2023 completionAugust 1, 2023 | finance.yahoo.comEquitrans Midstream Announces Second Quarter 2023 ResultsAugust 1, 2023 | finance.yahoo.comEquitrans Midstream (ETRN) Tops Q2 Earnings EstimatesJuly 31, 2023 | finance.yahoo.comHere’s What Happened to Equitrans Midstream Corporation (ETRN)July 30, 2023 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Equitrans Midstream Corporation (NYSE:ETRN) For Its Upcoming DividendJuly 29, 2023 | seekingalpha.comLegacy Ridge Capital - Equitrans Midstream: Most Valuable PipelineSee 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 ETRN Company Calendar Last Earnings8/01/2023Ex-Dividend for 8/14 Dividend8/03/2023Dividend Payable8/14/2023Today9/22/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ETRN CUSIPN/A CIK1747009 Webwww.equitransmidstream.com Phone(724) 271-7600FaxN/AEmployees766Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.69 High Stock Price Forecast$14.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+3.7%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.73) Trailing P/E RatioN/A Forward P/E Ratio20.33 P/E Growth1.17Net Income$-269,340,000.00 Net Margins-18.60% Pretax Margin-18.16% Return on Equity20.49% Return on Assets2.77% Debt Debt-to-Equity Ratio4.87 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$1.36 billion Price / Sales2.98 Cash Flow$1.34 per share Price / Cash Flow6.96 Book Value$3.22 per share Price / Book2.90Miscellaneous Outstanding Shares433,260,000Free Float431,008,000Market Cap$4.05 billion OptionableOptionable Beta1.93 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Thomas F. Karam (Age 64)Chairman & CEO Comp: $2.4MMs. Diana M. Charletta (Age 50)Pres, COO & Director Comp: $1.36MMr. Kirk R. Oliver (Age 65)Sr. VP & CFO Comp: $1.31MMr. Brian P. Pietrandrea (Age 47)VP & Chief Accounting Officer Comp: $523.74kMr. Stephen M. Moore (Age 64)Sr. VP & Gen. Counsel Comp: $1.02MMr. Nathan TetlowVP of Corp. Devel. & Investor RelationsMs. Natalie A. CoxDirector of Communications & Corp. AffairsJustin MackenSr. VP of Gas Systems, Planning & EngineeringNathaniel D. DeRoseDeputy Gen. Counsel & Corp. Sec.Janice BrennerTreasurerMore ExecutivesKey CompetitorsKinetikNASDAQ:KNTKAntero MidstreamNYSE:AMEnLink MidstreamNYSE:ENLCUSA Compression PartnersNYSE:USACArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 1,262,058 shares on 9/21/2023Ownership: 0.453%Bluefin Capital Management LLCBought 149,200 shares on 9/11/2023Ownership: 0.000%Wolverine Trading LLCBought 25,300 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 4,262 shares on 8/22/2023Ownership: 0.001%Teachers Retirement System of The State of KentuckyBought 7,130 shares on 8/21/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions ETRN Stock - Frequently Asked Questions Should I buy or sell Equitrans Midstream stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 10 brokerages have issued 1 year price objectives for Equitrans Midstream's shares. Their ETRN share price forecasts range from $6.00 to $14.00. On average, they anticipate the company's share price to reach $9.69 in the next twelve months. This suggests a possible upside of 3.7% 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 on January 1st, 2023. Since then, ETRN shares have increased by 39.6% and is now trading at $9.35. View the best growth stocks for 2023 here. Are investors shorting Equitrans Midstream? Equitrans Midstream saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 13,730,000 shares, a drop of 7.5% from the August 15th total of 14,840,000 shares. Based on an average daily volume of 5,580,000 shares, the short-interest ratio is presently 2.5 days. Approximately 3.2% of the company's shares are short sold. 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, November 7th 2023. View our ETRN earnings forecast. How were Equitrans Midstream's earnings last quarter? Equitrans Midstream Co. (NYSE:ETRN) announced its earnings results on Tuesday, August, 1st. The company reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. The firm earned $318.50 million during the quarter, compared to analyst estimates of $311.21 million. Equitrans Midstream had a negative net margin of 18.60% and a positive trailing twelve-month return on equity of 20.49%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.11 earnings per share. How often does Equitrans Midstream pay dividends? What is the dividend yield for Equitrans Midstream? Equitrans Midstream declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.15 per share on Monday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date of this dividend is Thursday, August 3rd. 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). 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 6.29%. 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. What is Equitrans Midstream's stock symbol? Equitrans Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETRN." Who are Equitrans Midstream's major shareholders? Equitrans Midstream's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital International Investors (9.77%), State Street Corp (3.48%), BROOKFIELD Corp ON (2.94%), Zimmer Partners LP (2.59%), Geode Capital Management LLC (2.00%) and Dimensional Fund Advisors LP (1.86%). 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. What is Equitrans Midstream's stock price today? One share of ETRN stock can currently be purchased for approximately $9.35. How much money does Equitrans Midstream make? Equitrans Midstream (NYSE:ETRN) has a market capitalization of $4.05 billion and generates $1.36 billion in revenue each year. The company earns $-269,340,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. How many employees does Equitrans Midstream have? The company employs 766 workers across the globe. How can I contact Equitrans Midstream? 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. This page (NYSE:ETRN) was last updated on 9/22/2023 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. Adding Equitrans Midstream Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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