Equitrans Midstream (ETRN) stock forecast for 2024
Last update: September 27, 2023 (11:40)
Sector: EnergyThe share price of Equitrans Midstream Corp. (ETRN) now
50/200 Day Moving Average: $9.53 / $7.36
This figure corresponds to the Average Price over the previous 50/200 days. For Equitrans Midstream stocks, the 50-day moving average is the resistance level today.
For Equitrans Midstream stocks, the 200-day moving average is the resistance level today.
Are you interested in Equitrans Midstream stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Equitrans Midstream stock price in 2024. How much will one Equitrans Midstream share be worth in 2024? Is it worth taking profit / loss on Equitrans Midstream stock now or waiting? What are analysts' forecasts for Equitrans Midstream stock?
We forecast Equitrans Midstream stock performance using neural networks based on historical data on Equitrans Midstream stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Equitrans Midstream stock prediction results are shown below and presented as a graph, table and text information.
Equitrans Midstream stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Equitrans Midstream analysts is $10.8.
Today 200 Day Moving Average is the support level (7.36 $).
50 Day Moving Average is the support level (9.53 $).
Historical and forecast chart of Equitrans Midstream stock
The chart below shows the historical price of Equitrans Midstream stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Equitrans Midstream stock price can be found in the table below.
Equitrans Midstream (ETRN) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 8.01 | 7.16 | 8.59 | 16.65 % |
| Feb | 8.26 | 7.39 | 8.91 | 16.98 % |
| Mar | 7.90 | 7.13 | 8.14 | 12.38 % |
| Apr | 8.53 | 7.79 | 9.12 | 14.59 % |
| May | 8.38 | 7.51 | 8.83 | 14.94 % |
| Jun | 8.80 | 8.47 | 9.85 | 13.95 % |
| Jul | 9.52 | 9.20 | 10.16 | 9.41 % |
| Aug | 9.15 | 8.17 | 10.08 | 18.92 % |
| Sep | 9.69 | 8.94 | 10.13 | 11.77 % |
| Oct | 10.92 | 9.75 | 12.14 | 19.69 % |
| Nov | 10.31 | 9.12 | 10.74 | 15.12 % |
| Dec | 10.57 | 9.54 | 11.76 | 18.88 % |
Equitrans Midstream information and performance
The Corporation is a leading natural gas operator and a leader in the Appalachian Basin in the eastern United States. The company focuses on gas collection systems, gas storage and transportation systems, as well as water supply assets.
2200 ENERGY DRIVE, CANONSBURG, PA, US
Market capitalization of the Equitrans Midstream Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of ETRN shares in the company outstanding by the market price of one share.
EBITDA of Equitrans Midstream is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Equitrans Midstream price target for 2024 by month
Target values for the price of one Equitrans Midstream share for Jan 2024.
In Jan, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 16.651% volatility is expected.
Pessimistic target level: 7.16
Optimistic target level: 8.59
Target values for the price of one Equitrans Midstream share for Feb 2024.
In Feb, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.976% volatility is expected.
Pessimistic target level: 7.39
Optimistic target level: 8.91
Target values for the price of one Equitrans Midstream share for Mar 2024.
In Mar, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 12.379% volatility is expected.
Pessimistic target level: 7.13
Optimistic target level: 8.14
Target values for the price of one Equitrans Midstream share for Apr 2024.
In Apr, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 14.593% volatility is expected.
Pessimistic target level: 7.79
Optimistic target level: 9.12
Target values for the price of one Equitrans Midstream share for May 2024.
In May, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 14.943% volatility is expected.
Pessimistic target level: 7.51
Optimistic target level: 8.83
Target values for the price of one Equitrans Midstream share for Jun 2024.
In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.947% volatility is expected.
Pessimistic target level: 8.47
Optimistic target level: 9.85
Target values for the price of one Equitrans Midstream share for Jul 2024.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 9.415% volatility is expected.
Pessimistic target level: 9.20
Optimistic target level: 10.16
Target values for the price of one Equitrans Midstream share for Aug 2024.
In Aug, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 18.920% volatility is expected.
Pessimistic target level: 8.17
Optimistic target level: 10.08
Target values for the price of one Equitrans Midstream share for Sep 2024.
In Sep, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 11.770% volatility is expected.
Pessimistic target level: 8.94
Optimistic target level: 10.13
Target values for the price of one Equitrans Midstream share for Oct 2024.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 19.686% volatility is expected.
Pessimistic target level: 9.75
Optimistic target level: 12.14
Target values for the price of one Equitrans Midstream share for Nov 2024.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 15.115% volatility is expected.
Pessimistic target level: 9.12
Optimistic target level: 10.74
Target values for the price of one Equitrans Midstream share for Dec 2024.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 18.876% volatility is expected.
Pessimistic target level: 9.54
Optimistic target level: 11.76
Equitrans Midstream (ETRN) stock dividend
Equitrans Midstream last paid dividends on 08/03/2023. The next scheduled payment will be on 08/14/2023. The amount of dividends is $0.6 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.