DT Midstream (NYSE:DTM) Issues FY 2025 Earnings Guidance

DT Midstream (NYSE:DTM - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.050-4.450 for the period, compared to the consensus earnings per share estimate of 4.350. The company issued revenue guidance of -.

DT Midstream Stock Up 3.1 %

Shares of DTM stock traded up $3.00 on Friday, hitting $100.80. The stock had a trading volume of 957,872 shares, compared to its average volume of 856,662. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95. The business has a 50 day moving average of $94.98 and a 200 day moving average of $98.43. DT Midstream has a 12-month low of $62.44 and a 12-month high of $114.50. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 24.53 and a beta of 0.77.

DT Midstream (NYSE:DTM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.06 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.01). DT Midstream had a net margin of 41.19% and a return on equity of 9.31%. The firm had revenue of $288.81 million during the quarter, compared to analysts' expectations of $285.48 million. During the same quarter last year, the business posted $0.99 EPS. As a group, analysts expect that DT Midstream will post 3.8 EPS for the current year.

DT Midstream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 16th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $3.28 dividend on an annualized basis and a yield of 3.25%. DT Midstream's dividend payout ratio (DPR) is presently 91.11%.

Analyst Ratings Changes

A number of brokerages recently weighed in on DTM. Wells Fargo & Company cut their price target on shares of DT Midstream from $118.00 to $108.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Williams Trading set a $110.00 target price on shares of DT Midstream in a research note on Monday, March 24th. UBS Group raised their price target on shares of DT Midstream from $102.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, March 27th. Raymond James upped their price objective on DT Midstream from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, January 28th. Finally, JPMorgan Chase & Co. raised their target price on DT Midstream from $109.00 to $115.00 and gave the stock a "neutral" rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, DT Midstream has an average rating of "Hold" and a consensus price target of $108.27.

Insider Activity at DT Midstream

In other news, Director Robert C. Skaggs, Jr. bought 1,000 shares of the stock in a transaction on Monday, March 10th. The shares were acquired at an average cost of $86.92 per share, for a total transaction of $86,920.00. Following the purchase, the director now directly owns 38,653 shares of the company's stock, valued at $3,359,718.76. This trade represents a 2.66 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.34% of the stock is currently owned by corporate insiders.

About DT Midstream

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.