EQT Midstream Partners (EQM) Scheduled to Post Earnings on Thursday

EQT Midstream Partners (NYSE:EQM) is set to release its earnings data before the market opens on Thursday, February 15th. Analysts expect EQT Midstream Partners to post earnings of $1.49 per share for the quarter.

Shares of EQT Midstream Partners (NYSE EQM) traded up $0.01 during midday trading on Tuesday, reaching $68.33. The company’s stock had a trading volume of 344,630 shares, compared to its average volume of 348,120. EQT Midstream Partners has a 1 year low of $64.42 and a 1 year high of $82.99. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $5,600.00, a price-to-earnings ratio of 13.07, a PEG ratio of 0.93 and a beta of 0.77.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Friday, February 2nd will be given a $1.025 dividend. The ex-dividend date of this dividend is Thursday, February 1st. This is a positive change from EQT Midstream Partners’s previous quarterly dividend of $0.98. This represents a $4.10 annualized dividend and a yield of 6.00%. EQT Midstream Partners’s dividend payout ratio (DPR) is currently 78.39%.

Several brokerages have weighed in on EQM. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $84.00 target price (up from $74.00) on shares of EQT Midstream Partners in a research report on Monday. ValuEngine lowered EQT Midstream Partners from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Credit Suisse Group began coverage on EQT Midstream Partners in a research report on Friday, January 5th. They issued a “neutral” rating and a $71.00 target price on the stock. Stifel Nicolaus set a $90.00 target price on EQT Midstream Partners and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Finally, Zacks Investment Research lowered EQT Midstream Partners from a “hold” rating to a “strong sell” rating in a report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $86.71.

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EQT Midstream Partners Company Profile

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company’s segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system.

Earnings History for EQT Midstream Partners (NYSE:EQM)

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