Equitrans Midstream (ETRN) Stock Price, News & Analysis

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last twelve months. 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.

10 brokers have issued 12 month price targets for Equitrans Midstream's stock. Their ETRN share price targets range from $6.00 to $13.00. On average, they predict the company's share price to reach $10.42 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
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Equitrans Midstream's stock was trading at $10.18 at the beginning of 2024. Since then, ETRN stock has increased by 0.4% and is now trading at $10.2250.
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Equitrans Midstream saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 11,560,000 shares, an increase of 13.0% from the December 31st total of 10,230,000 shares. Based on an average trading volume of 4,150,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.7% of the company's shares are short sold.
View Equitrans Midstream's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our ETRN earnings forecast.

Equitrans Midstream will be holding an earnings conference call on Tuesday, February 20th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6625542".

Equitrans Midstream Co. (NYSE:ETRN) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $0.09 earnings per share for the quarter, hitting analysts' consensus estimates of $0.09. The business earned $318.50 million during the quarter, compared to analyst estimates of $311.21 million. Equitrans Midstream had a trailing twelve-month return on equity of 25.29% and a net margin of 26.09%. Equitrans Midstream's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 earnings per share.

Equitrans Midstream declared a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.15 per share on Wednesday, February 14th. This represents a $0.60 annualized dividend and a yield of 5.87%. The ex-dividend date is Monday, February 5th.
Read our dividend analysis for ETRN.

Equitrans Midstream (NYSE:ETRN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.92%. 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 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
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), USCF Midstream Energy Income Fund (UMI), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Invesco Dorsey Wright Energy Momentum ETF (PXI) and VanEck Morningstar SMID Moat ETF (SMOT).

Equitrans Midstream's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.02%), Mirae Asset Global Investments Co. Ltd. (0.93%), Charles Schwab Investment Management Inc. (0.90%), Jennison Associates LLC (0.52%), Principal Financial Group Inc. (0.37%) and Assenagon Asset Management S.A. (0.29%). Insiders that own company stock include Kirk R Oliver and Vicky A Bailey.
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Shares of ETRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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