How to Buy Equitrans Midstream Stock
Equitrans Midstream Corp
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin.
Equitrans Midstream stock last closed at $9.60, up 3.34% from the previous day, and has increased 22.92% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.06 percentage points. Equitrans Midstream stock is currently +108.7% from its 52-week low of $4.60, and -8.4% from its 52-week high of $10.48.
There are currently 433.26M ETRN shares outstanding. The market value of ETRN is $4.16B. In the last 24 hours, 3.63M ETRN shares were traded.
How to Buy Equitrans Midstream Stock
Wondering how to invest in Equitrans Midstream stock? Here's how.
- Choose where to buy Equitrans Midstream stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Equitrans Midstream stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your info.
- Research Equitrans Midstream stock: The Equitrans Midstream ticker symbol is ETRN. Is Equitrans Midstream stock a good investment? Should you buy shares of ETRN? How do ETRN's underlying business fundamentals look? Do top analysts think Equitrans Midstream is a good buy? Why has ETRN's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ETRN is a good stock to buy).
- Place your ETRN trade: Decide if you will purchase ETRN shares at the current market price or use a limit order to buy ETRN stock at a particular price.
- Get updates on your investment in ETRN: Create a watchlist to monitor your new investment in Equitrans Midstream shares.
Step 1: Choose where to buy Equitrans Midstream stock
You will need a brokerage account in order to access the NYSE market and buy ETRN shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in ETRN today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal details to create your new brokerage account.
- Send your details by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've filled out your info on app for stock, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details transferring funds into your new investment account.
Step 4: Research Equitrans Midstream stock
Once you have selected the best place to buy Equitrans Midstream stock, it's important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Overview of key ETRN info
Equitrans Midstream Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ETRN's stock page.
Is ETRN stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ETRN's fair value.
Using relative valuations methods:
- ETRN may be overvalued based on its P/B ratio of 4.37x, relative to Oil & Gas Midstream industry P/B ratio of 2.18x
You can do additional valuation research on ETRN's stock here.
Is ETRN a healthy company?
Passed Financial Due Diligence Checks:
- ETRN profit margin has gone up from -113.1% to -23.9% in the past year.
Failed Financial Due Diligence Checks:
- ETRN has a relatively high debt to equity ratio of 9.06.
- ETRN's operating cash flow of $832.08M allows it to safely service it's debt of $6.91B.
- There are more short-term liabilities than short-term assets on the ETRN balance sheet.
- ETRN earnings of $136.50M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the ETRN balance sheet.
Is it a good time to buy ETRN stock, according to analysts?
Out of 8 Equities analysts who research ETRN, the consensus analyst rating on ETRN is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Latest ETRN Analyst Ratings
T J Schultz, a top 2% analyst from RBC Capital reiterates ETRN with a buy rating and maintains their ETRN price target from $13.00 to $13.00, on Aug 8, 2023.
Devin McDermott, a top 1% analyst from Morgan Stanley reiterates ETRN with a strong buy rating and maintains their ETRN price target from $14.00 to $14.00, on Jul 18, 2023.
Spiro Dounis, a top 9% analyst from Citigroup reiterates ETRN with a hold rating and maintains their ETRN price target from $9.25 to $9.25, on Jul 11, 2023.
Jeremy Tonet, a top 26% analyst from JP Morgan maintains ETRN with a hold rating and raises their ETRN price target from $9.50 to $11.00, on Jun 9, 2023.
Neel Mitra, a bottom 22% analyst from Bank of America maintains ETRN with a sell rating and raises their ETRN price target from $5.00 to $9.00, on Jun 8, 2023.
You can dig deeper into what analysts are forecasting on the Equitrans Midstream stock forecast page.
ETRN Trading Indicators
Is ETRN Growing Revenue?
Last year, ETRN revenue was $1.38B. In the past 5 year, ETRN's revenue has increased by 2.12% per year. This was slower than the Oil & Gas Midstream industry average of 12.37%.
Find out more about ETRN's earnings and revenue performance here.
Are ETRN executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at ETRN have bought more shares than they have sold.
Vicky A. Bailey, Director of ETRN, was the latest ETRN insider to sell. They sold $12,419.60 worth of ETRN shares on Mar 24, 2023.
Dig into more about who owns ETRN stock here.
Can I get consistent income from ETRN stock?
Equitrans Midstream pays a dividend of 6.25%, compared to the Oil & Gas Midstream industry's average dividend yield of 7.04%. If you owned $1,000 worth of ETRN stock, you would have received $62.50 in the past 12 months.
Equitrans Midstream dividend payments have not consistently grown over the past 5 years and have not remained stable.
Dig into more analysis about Equitrans Midstream dividend yield and history here.
What others are saying about ETRN
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ETRN trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you require more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ETRN
Now that you own some ETRN shares, you'll want to stay up-to-date on your company.
Start a watchlist to keep track of your ETRN stock.
ETRN Feed
How to Buy Stock in Equitrans Midstream
To reiterate, here are the 6 steps you need to take to buy Equitrans Midstream stock right now:
- Choose where to buy Equitrans Midstream stock
- Create a brokerage account
- Fund your brokerage account
- Research Equitrans Midstream stock
- Place your ETRN trade
- Get updates on your investment in ETRN
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Equitrans Midstream, click below.
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