After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Equitrans Midstream Announces Pricing of Private Offering of Senior Notes.
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Stocks Info
Equitrans Midstream Corporation is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Midstream industry. The current market capitalization of Equitrans Midstream Corporation is $4.76B. A total of 4.02 million shares were traded on the day, compared to an average of 3.80M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ETRN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 1 SELLs from insiders. Insiders purchased 17,500 shares during that period but sold 2,440.
In the most recent transaction, BAILEY VICKY A sold 2,440 shares of ETRN for 5.09 per share on Mar 24. After the transaction, the Director now owns 0 company shares. In a previous transaction on Mar 16, Oliver Kirk R bought 9,000 shares at 5.46 per share. ETRN shares that Sr VP & CFO owns now total 39,118.
Among the insiders who bought shares, Moore Stephen M acquired of 8,500 shares on Mar 14 at a per-share price of $5.86. This resulted in the Sr VP & General Counsel holding 188,916 shares of ETRN after the transaction.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Equitrans Midstream Corporation pays an annual dividend of $0.60, resulting in a dividend yield of 5.50%, and it has a price to earnings (P/E) ratio of 12.34. ETRN’s most recent ex-dividend date was 2/5/2024 when it declared a $0.15 quarterly dividend that was paid in cash on 2/14/2024. Previously, the company paid the dividend on 11/14/2023 with an ex-dividend date of 11/2/2023. The ETRN stock dividend was $0.15 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ETRN has a high of $11.00 and a low of $4.60.
As of this writing, ETRN has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.12. The company reported an EPS of $0.26 in the last quarter, which was 62.50% higher than expectations of $0.16.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ETRN’s latest balance sheet shows that the firm has $134.66M in Cash & Short Term Investments as of fiscal 2021. There were $6.95B in debt and $367.58M in liabilities at the time. Its Book Value Per Share was $2.41, while its Total Shareholder’s Equity was $2.65B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ETRN is Buy with a score of 3.36.
