NYSE:HESM Hess Midstream (HESM) Stock Forecast, Price & News $27.81 +0.27 (+0.98%) (As of 05/19/2023 08:48 PM ET) Add Compare Share Share Today's Range$27.43▼$27.8250-Day Range$25.99▼$29.7652-Week Range$24.33▼$34.99Volume1.01 million shsAverage Volume457,254 shsMarket Capitalization$1.23 billionP/E Ratio13.97Dividend Yield8.41%Price Target$35.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Hess Midstream MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside26.8% Upside$35.25 Price TargetShort InterestBearish9.32% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.10Based on 2 Articles This WeekInsider TradingSelling Shares$298,622 Sold Last QuarterProj. Earnings Growth14.78%From $2.03 to $2.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.90 out of 5 starsOils/Energy Sector40th out of 238 stocksCrude Petroleum & Natural Gas Industry21st out of 75 stocks 3.4 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.25, Hess Midstream has a forecasted upside of 26.8% from its current price of $27.81.Amount of Analyst CoverageHess Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.32% of the outstanding shares of Hess Midstream have been sold short.Short Interest Ratio / Days to CoverHess Midstream has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.Change versus previous monthShort interest in Hess Midstream has recently decreased by 12.92%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 8.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Hess Midstream is 117.59%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hess Midstream will have a dividend payout ratio of 100.43% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HESM. Previous Next 3.9 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Hess Midstream this week, compared to 1 article on an average week.Search Interest34 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 162% compared to the previous 30 days.MarketBeat Follows10 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $298,622.00 in company stock.Percentage Held by Institutions87.59% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 14.78% in the coming year, from $2.03 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 13.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 13.97, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.12.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hess Midstream (NYSE:HESM) StockHess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded on January 1, 2014 and is headquartered in Houston, TX.Read More Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address HESM Stock News HeadlinesMay 19, 2023 | americanbankingnews.comHess Midstream (NYSE:HESM) Shares Gap Down to $29.08May 12, 2023 | msn.comUBS Initiates Coverage of Hess Midstream LP - (HESM) with Buy RecommendationMay 22, 2023 | MarketBeat Internal (Ad)Your Ultimate Investment Research PlatformMarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. You get our top stock picks, best-in-class research tools, proprietary research reports and much more. May 11, 2023 | americanbankingnews.comHess Midstream (NYSE:HESM) Now Covered by Analysts at UBS GroupMay 5, 2023 | seekingalpha.comHess Midstream: When Not A Bargain Is A Good ThingMay 3, 2023 | finance.yahoo.comHess Midstream LP (NYSE:HESM) Q1 2023 Earnings Call TranscriptMay 1, 2023 | americanbankingnews.comHess Midstream LP (HESM) to Issue Quarterly Dividend of $0.59 on May 12thApril 28, 2023 | markets.businessinsider.comMorgan Stanley Sticks to Their Hold Rating for Hess Midstream Partners (HESM)May 22, 2023 | MarketBeat Internal (Ad)Your Ultimate Investment Research PlatformMarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. You get our top stock picks, best-in-class research tools, proprietary research reports and much more. April 28, 2023 | finance.yahoo.comHess Midstream LP (NYSE:HESM) Is About To Go Ex-Dividend, And It Pays A 8.1% YieldApril 26, 2023 | msn.comHess posts Q1 earnings topper, makes new discovery in GuyanaApril 26, 2023 | seekingalpha.comHess Midstream: Great Growth, Fair Valuation, Fantastic DividendApril 26, 2023 | finance.yahoo.comHess Midstream LP Reports Estimated Results for the First Quarter Of 2023April 25, 2023 | msn.comEarnings Preview For Hess MidstreamApril 25, 2023 | americanbankingnews.comHess Midstream (HESM) Set to Announce Earnings on WednesdayApril 25, 2023 | americanbankingnews.comRaymond James Begins Coverage on Hess Midstream (NYSE:HESM)April 24, 2023 | finance.yahoo.comHess Midstream LP Announces Distribution Per Share Level Increase; Increases Quarterly DistributionApril 22, 2023 | msn.comRaymond James Initiates Coverage of Hess Midstream LP - (HESM) with Outperform RecommendationMarch 28, 2023 | finance.yahoo.comHess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit RepurchaseMarch 18, 2023 | benzinga.comPresident and COO of Hess Midstream Makes $83K SaleMarch 16, 2023 | benzinga.comChief Financial Officer At This Energy Company Sells $108K of StockMarch 10, 2023 | finance.yahoo.comA Hess Midstream LP (NYSE:HESM) insider increased their holdings last yearFebruary 27, 2023 | businesswire.comHess Midstream LP Announces Filing of 2022 Annual Report on Form 10-KFebruary 1, 2023 | 247wallst.comHess Midstream Partners Declares $0.57 DividendJanuary 30, 2023 | nasdaq.comHess Midstream Partners (HESM) Declares $0.57 DividendJanuary 27, 2023 | msn.comTuesday Is Your Last Chance To Buy Hess Midstream Before The Dividend PayoutJanuary 27, 2023 | finance.yahoo.comHess Midstream (NYSE:HESM) Is Increasing Its Dividend To $0.5696See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address HESM Company Calendar Last Earnings10/27/2021Ex-Dividend for 5/12 Dividend5/03/2023Dividend Payable5/12/2023Today5/22/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees196Year FoundedN/APrice Target and Rating Average Stock Price Forecast$35.25 High Stock Price Forecast$37.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+26.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.99 Trailing P/E Ratio13.97 Forward P/E Ratio13.70 P/E GrowthN/ANet Income$83.90 million Net Margins6.92% Pretax Margin49.79% Return on Equity17.82% Return on Assets2.44% Debt Debt-to-Equity Ratio6.81 Current Ratio0.84 Quick RatioN/A Sales & Book Value Annual Sales$1.28 billion Price / Sales0.96 Cash Flow$6.29 per share Price / Cash Flow4.42 Book Value$9.94 per share Price / Book2.80Miscellaneous Outstanding Shares44,090,000Free FloatN/AMarket Cap$1.23 billion OptionableOptionable Beta1.60 Key ExecutivesJohn B. HessChairman & Chief Executive OfficerJohn A. GatlingPresident & Chief Operating OfficerJonathan C. SteinChief Financial OfficerDan FarlerVice President-Engineering & ProjectsJohn P. RiellyDirector & Vice PresidentKey CompetitorsPar PacificNYSE:PARRKimbell Royalty PartnersNYSE:KRPTalos EnergyNYSE:TALODorchester MineralsNASDAQ:DMLPCrescent EnergyNYSE:CRGYView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 152,770 shares on 5/18/2023Ownership: 0.211%Susquehanna International Group LLPBought 69,300 shares on 5/16/2023Ownership: 0.000%State Street CorpBought 4,677 shares on 5/16/2023Ownership: 0.136%Jane Street Group LLCBought 12,400 shares on 5/16/2023Ownership: 0.000%Susquehanna Fundamental Investments LLCSold 6,755 shares on 5/16/2023Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions HESM Stock - Frequently Asked Questions Should I buy or sell Hess Midstream stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HESM shares. View HESM analyst ratings or view top-rated stocks. What is Hess Midstream's stock price forecast for 2023? 4 Wall Street research analysts have issued 12-month target prices for Hess Midstream's shares. Their HESM share price forecasts range from $34.00 to $37.00. On average, they predict the company's share price to reach $35.25 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View analysts price targets for HESM or view top-rated stocks among Wall Street analysts. How have HESM shares performed in 2023? Hess Midstream's stock was trading at $29.92 on January 1st, 2023. Since then, HESM stock has decreased by 7.1% and is now trading at $27.81. View the best growth stocks for 2023 here. Are investors shorting Hess Midstream? Hess Midstream saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 4,110,000 shares, a decrease of 12.9% from the April 15th total of 4,720,000 shares. Based on an average daily trading volume, of 400,700 shares, the short-interest ratio is presently 10.3 days. View Hess Midstream's Short Interest. When is Hess Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our HESM earnings forecast. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) posted its quarterly earnings data on Wednesday, October, 27th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.01. The firm had revenue of $303.90 million for the quarter. Hess Midstream had a net margin of 6.92% and a trailing twelve-month return on equity of 17.82%. During the same period in the previous year, the firm posted $0.31 EPS. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream declared a quarterly dividend on Monday, April 24th. Investors of record on Thursday, May 4th will be given a dividend of $0.5851 per share on Friday, May 12th. This represents a $2.34 annualized dividend and a dividend yield of 8.42%. The ex-dividend date is Wednesday, May 3rd. This is a boost from the stock's previous quarterly dividend of $0.57. Read our dividend analysis for HESM. What ETFs hold Hess Midstream's stock? ETFs with the largest weight of Hess Midstream (NYSE:HESM) stock in their portfolio include First Trust Natural Gas ETF (FCG), BNY Mellon Global Infrastructure Income ETF (BKGI), Global X MLP ETF (MLPA), Amplify Natural Resources Dividend Income ETF (NDIV), Alerian MLP ETF (AMLP), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI) and InfraCap MLP ETF (AMZA). Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.34 per share and currently has a dividend yield of 8.50%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 117.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HESM will have a dividend payout ratio of 100.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for HESM. What guidance has Hess Midstream issued on next quarter's earnings? Hess Midstream updated its first quarter earnings guidance on Wednesday, April, 26th. The company provided earnings per share (EPS) guidance of $0.47 for the period, compared to the consensus estimate of $0.52. The company issued revenue guidance of $305 million, compared to the consensus revenue estimate of $312.49 million. What other stocks do shareholders of Hess Midstream own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream investors own include Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), ONEOK (OKE), Energy Transfer (ET), Kinder Morgan (KMI), Omega Healthcare Investors (OHI), Apollo Global Management (APO), Bank of America (BAC) and General Electric (GE). When did Hess Midstream IPO? (HESM) raised $250 million in an initial public offering on Wednesday, April 5th 2017. The company issued 12,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities served as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers. What is Hess Midstream's stock symbol? Hess Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "HESM." Who are Hess Midstream's major shareholders? Hess Midstream's stock is owned by many different institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (4.79%), Mirae Asset Global Investments Co. Ltd. (4.60%), Tortoise Capital Advisors L.L.C. (4.33%), Bank of New York Mellon Corp (3.69%), First Trust Advisors LP (2.11%) and Duff & Phelps Investment Management Co. (1.48%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, John A Gatling, John B Hess and Jonathan C Stein. View institutional ownership trends. How do I buy shares of Hess Midstream? Shares of HESM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Hess Midstream's stock price today? One share of HESM stock can currently be purchased for approximately $27.81. How much money does Hess Midstream make? Hess Midstream (NYSE:HESM) has a market capitalization of $1.23 billion and generates $1.28 billion in revenue each year. The company earns $83.90 million in net income (profit) each year or $1.99 on an earnings per share basis. How many employees does Hess Midstream have? The company employs 196 workers across the globe. How can I contact Hess Midstream? Hess Midstream's mailing address is 1501 MCKINNEY STREET, HOUSTON TX, 77010. The official website for the company is www.hessmidstream.com. The company can be reached via phone at (713) 496-4200 or via email at hessmidstreampartners@hess.com. This page (NYSE:HESM) was last updated on 5/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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