DT Midstream (DTM) to Release Quarterly Earnings on Thursday

DT Midstream (NYSE:DTM - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.04 per share and revenue of $295.70 million for the quarter. DT Midstream has set its FY 2025 guidance at 4.050-4.450 EPS.

DT Midstream (NYSE:DTM - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.07 by ($0.01). The business had revenue of $288.81 million for the quarter, compared to analysts' expectations of $285.48 million. DT Midstream had a net margin of 34.96% and a return on equity of 8.46%. During the same period in the previous year, the company earned $0.99 EPS. On average, analysts expect DT Midstream to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

DT Midstream Price Performance

DT Midstream stock traded down $0.63 during mid-day trading on Friday, reaching $100.08. 541,856 shares of the company's stock traded hands, compared to its average volume of 839,765. The company has a market cap of $10.17 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 1.81 and a beta of 0.78. The stock has a 50 day moving average of $104.75 and a two-hundred day moving average of $100.90. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.69. DT Midstream has a 12-month low of $69.82 and a 12-month high of $114.50.

DT Midstream Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 16th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend was Monday, June 16th. DT Midstream's dividend payout ratio is currently 89.37%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Morgan Stanley set a $115.00 target price on shares of DT Midstream and gave the company an "underweight" rating in a research note on Tuesday, June 3rd. US Capital Advisors downgraded shares of DT Midstream from a "moderate buy" rating to a "hold" rating in a research note on Monday, April 28th. Finally, Barclays raised their price target on shares of DT Midstream from $102.00 to $103.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $109.27.

Hedge Funds Weigh In On DT Midstream

Several large investors have recently made changes to their positions in DTM. Royal Bank of Canada lifted its stake in shares of DT Midstream by 21.6% in the 1st quarter. Royal Bank of Canada now owns 90,286 shares of the company's stock valued at $8,711,000 after purchasing an additional 16,043 shares during the period. NewEdge Advisors LLC increased its holdings in DT Midstream by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 13,631 shares of the company's stock worth $1,315,000 after acquiring an additional 218 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in DT Midstream by 13.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 276,241 shares of the company's stock worth $26,652,000 after acquiring an additional 31,894 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in DT Midstream by 39.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 436 shares of the company's stock worth $42,000 after acquiring an additional 123 shares in the last quarter. 81.53% of the stock is currently owned by institutional investors and hedge funds.

DT Midstream Company Profile

DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.