NYSE:ETRN Equitrans Midstream (ETRN) Stock Forecast, Price & News $9.22 -0.20 (-2.12%) (As of 02:52 PM ET) Add Compare Share Share Today's Range$8.98▼$9.5450-Day Range$4.74▼$9.6452-Week Range$4.60▼$9.90Volume6.01 million shsAverage Volume6.09 million shsMarket Capitalization$3.99 billionP/E RatioN/ADividend Yield6.51%Price Target$8.84 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equitrans Midstream MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside3.8% Upside$9.36 Price TargetShort InterestHealthy3.85% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-8.80Upright™ Environmental ScoreNews Sentiment0.31Based on 36 Articles This WeekInsider TradingAcquiring Shares$49,140 Bought Last QuarterProj. Earnings Growth52.94%From $0.51 to $0.78 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.2.43 out of 5 starsOils/Energy Sector102nd out of 249 stocksNatural Gas Transmission Industry9th out of 18 stocks 2.1 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 $9.36, Equitrans Midstream has a forecasted upside of 3.8% from its current price of $9.02.Amount of Analyst CoverageEquitrans Midstream has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.85% 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 2.7, 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 5.31%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEquitrans Midstream is a leading dividend payer. It pays a dividend yield of 6.32%, 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 EPS estimates, Equitrans Midstream will have a dividend payout ratio of 76.92% in the coming year. This indicates that Equitrans Midstream may not be able to sustain their current dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquitrans Midstream has received a -37.51% 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 -8.80. Previous Next 3.0 News and Social Media Coverage News SentimentEquitrans Midstream has a news sentiment score of 0.31. 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 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Equitrans Midstream this week, compared to 5 articles on an average week.Search Interest48 people have searched for ETRN on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat Follows11 people have added Equitrans Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equitrans Midstream insiders have bought 295.65% more of their company's stock than they have sold. Specifically, they have bought $49,140.00 in company stock and sold $12,420.00 in company stock.Percentage Held by InsidersOnly 0.52% of the stock of Equitrans Midstream is held by insiders.Percentage Held by Institutions93.50% 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 52.94% in the coming year, from $0.51 to $0.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equitrans Midstream is -12.53, 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 -12.53, 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 1.34. 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 2.80. 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 Corp. engages in the provision of midstream services. It operates through the following segments: Gathering, Transmission, and Water. The Gathering segment includes EQM's high-pressure gathering lines and FERC-regulated low-pressure gathering lines. The Transmission segment refers to the EQM's FERC-regulated interstate pipelines and storage system. The Water segment consists of EQM's water pipelines, impoundment facilities, pumping stations, take point facilities, and measurement facilities. The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA.Read More 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 Stock News HeadlinesJune 1, 2023 | marketbeat.comEquitrans Midstream Surges 40% On Debt Ceiling DealNatural gas pipeline operator Equitrans Midstream surges 40% as the Mountain Valley Pipeline project's completion looks promising with the debt ceiling deal.June 9, 2023 | americanbankingnews.comEquitrans Midstream (NYSE:ETRN) Price Target Increased to $11.00 by Analysts at JPMorgan Chase & Co.June 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.June 8, 2023 | msn.comB of A Securities Maintains Equitrans Midstream (ETRN) Underperform RecommendationJune 8, 2023 | americanbankingnews.comBank of America Boosts Equitrans Midstream (NYSE:ETRN) Price Target to $9.00June 7, 2023 | markets.businessinsider.comBank of America Securities Remains a Sell on Equitrans Midstream (ETRN)June 7, 2023 | americanbankingnews.comEquitrans Midstream (NYSE:ETRN) Rating Increased to Overweight at Morgan StanleyJune 7, 2023 | americanbankingnews.comUS Capital Advisors Analysts Lower Earnings Estimates for Equitrans Midstream Co. (NYSE:ETRN)June 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.June 6, 2023 | bizjournals.comEquitrans CEO hopes permitting reform can get doneJune 6, 2023 | markets.businessinsider.comCiti Keeps Their Hold Rating on Equitrans Midstream (ETRN)June 6, 2023 | finance.yahoo.comEquitrans Midstream (NYSE:ETRN) shareholder returns have been , earning 26% in 1 yearJune 6, 2023 | americanbankingnews.comEquitrans Midstream (NYSE:ETRN) Price Target Raised to $9.25 at CitigroupJune 5, 2023 | bizjournals.comEquitrans CEO: MVP's inclusion in debt deal proof of its importance to energy securityJune 5, 2023 | markets.businessinsider.comMorgan Stanley Upgrades Equitrans Midstream: Here's What You Need To KnowJune 5, 2023 | markets.businessinsider.comBiden's Debt Ceiling Bill Boosts Equitrans Midstream Corp: Analyst Foresees Bright HorizonJune 5, 2023 | 247wallst.comUnusual Call Option Trade in Equitrans Midstream Worth $332.35KJune 5, 2023 | benzinga.comThinking about buying stock in SoFi Technologies, ImmunoGen, Equitrans Midstream, Geron, or Microvision?June 5, 2023 | cnbc.comWatch this natural gas stock for more than 50% upside as key pipeline gains steam, Morgan Stanley saysJune 5, 2023 | markets.businessinsider.comWells Fargo Sticks to Their Hold Rating for Equitrans Midstream (ETRN)June 5, 2023 | msn.comEquitrans double-upgraded at Morgan Stanley on pipeline potentialJune 5, 2023 | finance.yahoo.com4 big analyst picks: Equitrans Midstream stock gains 4% on a double upgradeJune 3, 2023 | bizjournals.comEquitrans: MVP to be completed by end of the yearJune 3, 2023 | americanbankingnews.comEquitrans Midstream (NYSE:ETRN) Raised to Overweight at US Capital AdvisorsJune 2, 2023 | msn.comUnusual Call Option Trade in Equitrans Midstream (ETRN) Worth $332.35KJune 2, 2023 | bizjournals.comEquitrans shares up after debt-ceiling deal includes Mountain Valley PipelineJune 2, 2023 | msn.comEquitrans spikes higher as debt ceiling deal passes, fast-tracking pipeline projectSee More Headlines ETRN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ETRN Company Calendar Last Earnings5/02/2023Ex-Dividend for 5/15 Dividend5/04/2023Dividend Payable5/15/2023Today6/09/2023Next Earnings (Estimated)8/01/2023Fiscal 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$9.36 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)($0.72) Trailing P/E RatioN/A Forward P/E Ratio18.00 P/E Growth1.34Net Income$-269,340,000.00 Net Margins-18.27% Pretax Margin-18.17% Return on Equity18.92% Return on Assets2.82% Debt Debt-to-Equity Ratio4.81 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$1.36 billion Price / Sales2.93 Cash Flow$1.32 per share Price / Cash Flow6.93 Book Value$3.22 per share Price / Book2.85Miscellaneous Outstanding Shares433,180,000Free Float430,930,000Market Cap$3.98 billion OptionableOptionable Beta1.92 Key ExecutivesTom KaramChairman & Chief Executive OfficerDiana M. CharlettaPresident, Chief Operating Officer & DirectorKirk R. OliverChief Financial Officer & Senior Vice PresidentCarmine FantiniVice President-Information TechnologyStephen M. MooreSenior Vice President & General CounselKey CompetitorsDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 31,859 shares on 5/26/2023Ownership: 0.017%Toroso Investments LLCBought 41,492 shares on 5/23/2023Ownership: 0.010%Ameriprise Financial Inc.Bought 71,925 shares on 5/22/2023Ownership: 1.083%JPMorgan Chase & Co.Bought 836,878 shares on 5/18/2023Ownership: 0.749%New York State Common Retirement FundSold 98,600 shares on 5/18/2023Ownership: 0.066%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 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 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 analysts have issued 12 month target prices for Equitrans Midstream's stock. Their ETRN share price forecasts range from $6.00 to $14.00. On average, they predict the company's stock price to reach $9.36 in the next twelve months. This suggests a possible upside of 2.0% 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 the year. Since then, ETRN stock has increased by 37.0% and is now trading at $9.18. View the best growth stocks for 2023 here. Are investors shorting Equitrans Midstream? Equitrans Midstream saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 16,570,000 shares, a drop of 5.3% from the April 30th total of 17,500,000 shares. Based on an average daily trading volume, of 6,160,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.9% of the shares of the company 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, August 1st 2023. View our ETRN earnings forecast. How were Equitrans Midstream's earnings last quarter? Equitrans Midstream Co. (NYSE:ETRN) posted its earnings results on Tuesday, May, 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. The company earned $376.30 million during the quarter, compared to analysts' expectations of $360.73 million. Equitrans Midstream had a positive trailing twelve-month return on equity of 18.92% and a negative net margin of 18.27%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 earnings per share. How often does Equitrans Midstream pay dividends? What is the dividend yield for Equitrans Midstream? Equitrans Midstream announced a quarterly dividend on Tuesday, April 25th. Investors of record on Friday, May 5th will be given a dividend of $0.15 per share on Monday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Thursday, May 4th. 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), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI), Global X MLP & Energy Infrastructure ETF (MLPX), 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 6.32%. 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.15%), Zimmer Partners LP (5.14%), State Street Corp (3.51%), Price T Rowe Associates Inc. MD (3.07%), Brookfield Corp ON (2.99%) and Geode Capital Management LLC (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 $9.18. How much money does Equitrans Midstream make? Equitrans Midstream (NYSE:ETRN) has a market capitalization of $3.98 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. 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 6/9/2023 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. Get 30 Days of MarketBeat All Access Free 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 from 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.