EQM Midstream Partners (EQM) Stock Price, News & Analysis

EQM Midstream Partners LP (NYSE:EQM) announced its quarterly earnings data on Thursday, May, 14th. The pipeline company reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.26. The pipeline company earned $453.11 million during the quarter, compared to the consensus estimate of $404.18 million. EQM Midstream Partners had a trailing twelve-month return on equity of 20.13% and a net margin of 7.37%.

EQM Midstream Partners (NYSE:EQM) pays an annual dividend of $1.55 per share and currently has a dividend yield of 7.23%. EQM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQM will have a dividend payout ratio of 50.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQM.

Based on aggregate information from My MarketBeat watchlists, some companies that other EQM Midstream Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Wells Fargo & Company (WFC), Annaly Capital Management (NLY), New Residential Investment (NRZ), EPR Properties (EPR), Mplx (MPLX) and Alliance Resource Partners (ARLP).