DT Midstream, Inc. (NYSE:DTM) Stock Has Consensus Price Target of $152.14 According to Brokerages

Key Points

• DT Midstream has a “Moderate Buy” consensus rating from 15 analysts, including 10 buys, four holds and one sell. The average 12-month price target is $152.14, above the stock’s reported price of $122.38.
• Recent analyst views were mixed: Scotiabank and Wolfe Research maintained outperform-oriented ratings, while Mizuho and JPMorgan assigned neutral ratings; several firms adjusted their price targets.
• DT Midstream reported quarterly EPS of $1.09, below the $1.17 consensus estimate, but revenue exceeded expectations. The company also declared a quarterly dividend of $0.88 per share, representing a 2.9% yield.

Shares of DT Midstream, Inc. (NYSE:DTM - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $152.14.

DTM has been the subject of several recent analyst reports. Scotiabank dropped their price objective on shares of DT Midstream from $176.00 to $168.00 and set a "sector outperform" rating for the company in a research note on Thursday, September 10th. Mizuho reduced their target price on shares of DT Midstream from $153.00 to $147.00 and set a "neutral" rating on the stock in a research note on Friday, July 31st. Weiss Ratings lowered shares of DT Midstream from a "buy (b+)" rating to a "buy (b)" rating in a report on Friday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of DT Midstream from $146.00 to $154.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. Finally, Wolfe Research upgraded shares of DT Midstream from a "peer perform" rating to an "outperform" rating and set a $145.00 price target on the stock in a report on Wednesday, August 26th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DTM. Premier Financial Group bought a new stake in shares of DT Midstream during the 2nd quarter worth approximately $33,000. Western Wealth Management LLC purchased a new position in DT Midstream during the 1st quarter valued at $32,000. Continuum Advisory LLC bought a new position in DT Midstream in the 2nd quarter valued at $36,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in DT Midstream in the 4th quarter valued at $30,000. Finally, Commonwealth Retirement Investments LLC purchased a new stake in DT Midstream in the fourth quarter worth $36,000. Institutional investors own 81.53% of the company's stock.

DT Midstream Price Performance

NYSE:DTM opened at $122.38 on Friday. The firm has a market capitalization of $12.48 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 3.41 and a beta of 0.70. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.37 and a quick ratio of 1.37. The business has a 50 day simple moving average of $132.25 and a 200-day simple moving average of $138.01. DT Midstream has a 1 year low of $104.99 and a 1 year high of $152.88.

DT Midstream (NYSE:DTM - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.08). DT Midstream had a net margin of 35.72% and a return on equity of 9.58%. The company had revenue of $332.57 million for the quarter, compared to the consensus estimate of $325.84 million. During the same period in the prior year, the firm posted $1.04 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities analysts forecast that DT Midstream will post 4.59 EPS for the current year.

DT Midstream Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, September 21st. DT Midstream's payout ratio is 77.02%.

DT Midstream Company Profile

DT Midstream, Inc NYSE: DTM is an independent energy infrastructure company that develops, owns and operates natural gas transportation, storage and gathering assets. Its business is primarily supported by long-term, fee-based agreements that connect natural gas producers, utilities, power generators and other customers to major markets.

The company's operations include interstate and intrastate pipeline systems, natural gas gathering networks and storage facilities. Its portfolio includes assets such as the Blue Union and Guardian pipeline systems, Midwestern Gas Transmission, and other infrastructure serving production and consumption areas in the Midwestern and Southern United States, including the Gulf Coast and Haynesville region.

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