NYSE:DTM DT Midstream (DTM) Stock Price, News & Analysis → The asset beating inflation by 4x (From Colonial Metals) (Ad) Free dtm Stock Alerts $62.93 +0.32 (+0.51%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$62.44▼$63.0650-Day Range$56.59▼$64.5852-Week Range$45.10▼$64.69Volume464,906 shsAverage Volume782,514 shsMarket Capitalization$6.11 billionP/E Ratio15.35Dividend Yield4.67%Price Target$61.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get DT Midstream alerts: Email Address DT Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside2.3% Downside$61.50 Price TargetShort InterestHealthy3.33% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 39 Articles This WeekInsider TradingAcquiring Shares$56,870 Bought Last QuarterProj. Earnings Growth11.20%From $3.93 to $4.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.62 out of 5 starsOils/Energy Sector91st out of 240 stocksNatural Gas Transmission Industry6th out of 19 stocks 2.1 Analyst's Opinion Consensus RatingDT Midstream has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageDT Midstream has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.33% of the float of DT Midstream has been sold short.Short Interest Ratio / Days to CoverDT Midstream has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in DT Midstream has recently decreased by 11.05%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDT Midstream is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDT Midstream has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of DT Midstream is 71.71%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DT Midstream will have a dividend payout ratio of 67.28% next year. This indicates that DT Midstream will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DTM. Previous Next 2.5 News and Social Media Coverage News SentimentDT Midstream has a news sentiment score of 0.41. 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 lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 39 news articles for DT Midstream this week, compared to 4 articles on an average week.Search Interest7 people have searched for DTM on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added DT Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DT Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $56,870.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of DT Midstream is held by insiders.Percentage Held by Institutions81.53% of the stock of DT Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DT Midstream are expected to grow by 11.20% in the coming year, from $3.93 to $4.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DT Midstream is 15.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.03.Price to Earnings Ratio vs. SectorThe P/E ratio of DT Midstream is 15.35, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.68.Price to Book Value per Share RatioDT Midstream has a P/B Ratio of 1.42. 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 Ad InvestorPlaceThe Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.Go here now for this breaking story. About DT Midstream Stock (NYSE:DTM)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. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and provision of associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.Read More DTM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTM Stock News HeadlinesMay 5, 2024 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Given Consensus Recommendation of "Hold" by BrokeragesMay 4, 2024 | americanbankingnews.comStifel Nicolaus Boosts DT Midstream (NYSE:DTM) Price Target to $70.00May 5, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 3, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on DT Midstream (DTM)May 3, 2024 | americanbankingnews.comFY2024 Earnings Estimate for DT Midstream, Inc. (NYSE:DTM) Issued By US Capital AdvisorsMay 2, 2024 | finance.yahoo.comDo DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?May 2, 2024 | americanbankingnews.comDT Midstream (NYSE:DTM) Downgraded by US Capital AdvisorsMay 2, 2024 | americanbankingnews.comUS Capital Advisors Weighs in on DT Midstream, Inc.'s FY2026 Earnings (NYSE:DTM)May 5, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 1, 2024 | finance.yahoo.comDT Midstream, Inc. (NYSE:DTM) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comDT Midstream Inc (DTM) Q1 2024 Earnings Call Transcript Highlights: Financial Growth and ...May 1, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | americanbankingnews.comDT Midstream (NYSE:DTM) PT Raised to $65.00April 30, 2024 | seekingalpha.comDT Midstream, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Beats Revenue for Q4 2023April 30, 2024 | finance.yahoo.comDT Midstream Inc (DTM) Surpasses Analyst Expectations in Q1 2024 EarningsApril 30, 2024 | msn.comDT Midstream declares $0.735 dividendApril 30, 2024 | globenewswire.comDT Midstream Reports Strong First Quarter 2024 ResultsApril 29, 2024 | msn.comDT Midstream Q1 2024 Earnings PreviewApril 28, 2024 | americanbankingnews.comDT Midstream (DTM) to Release Earnings on TuesdayApril 26, 2024 | markets.businessinsider.comWhat Wall Street expects from Franks International's earningsApril 22, 2024 | seekingalpha.comDT Midstream: Getting More ExpensiveApril 16, 2024 | markets.businessinsider.comJ.P. Morgan Keeps Their Hold Rating on DT Midstream (DTM)April 16, 2024 | globenewswire.comDT Midstream to Announce First Quarter 2024 Financial Results, Schedules Earnings CallApril 10, 2024 | msn.comDT Midstream wins Louisiana court ruling in pipeline dispute with Energy TransferApril 9, 2024 | markets.businessinsider.comMaintaining Sell Rating on DT Midstream Amid Modest Earnings Resilience and Volume Risk ConcernsSee More Headlines Receive DTM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DT Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend3/15/2024Dividend Payable4/15/2024Last Earnings4/30/2024Today5/05/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:DTM CUSIPN/A CIK1842022 Webwww.dtmidstream.com Phone313-402-8532FaxN/AEmployees402Year FoundedN/APrice Target and Rating Average Stock Price Target$61.50 High Stock Price Target$70.00 Low Stock Price Target$53.00 Potential Upside/Downside-2.3%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.10 Trailing P/E Ratio15.35 Forward P/E Ratio16.01 P/E GrowthN/ANet Income$384 million Net Margins42.46% Pretax Margin53.93% Return on Equity9.41% Return on Assets4.50% Debt Debt-to-Equity Ratio0.71 Current Ratio0.71 Quick Ratio0.63 Sales & Book Value Annual Sales$922 million Price / Sales6.63 Cash Flow$6.02 per share Price / Cash Flow10.45 Book Value$44.34 per share Price / Book1.42Miscellaneous Outstanding Shares97,110,000Free Float97,070,000Market Cap$6.11 billion OptionableNot Optionable Beta0.72 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Robert C. Skaggs Jr. (Age 70)Chairman Comp: $100kMr. David J. Slater (Age 57)President, CEO & Director Comp: $2.56MMr. Jeffrey A. Jewell (Age 57)Executive VP, CFO & Chief Accounting Officer Comp: $1.29MMr. Christopher Zona (Age 51)Executive VP & COO Comp: $1.47MMs. Melissa Cox (Age 54)Executive VP & Chief Administrative Officer Comp: $708.55kMs. Wendy A.T. Ellis (Age 58)Executive VP, General Counsel & Corporate Secretary Comp: $996.32kTodd LohrmannDirector of Investor RelationsMore ExecutivesKey CompetitorsEquitrans MidstreamNYSE:ETRNKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsGSA Capital Partners LLPBought 47,202 shares on 5/3/2024Ownership: 0.057%Whittier Trust Co.Sold 1,072 shares on 5/3/2024Ownership: 0.001%Larson Financial Group LLCSold 757 shares on 5/3/2024Ownership: 0.001%Jennison Associates LLCSold 1,322 shares on 5/2/2024Ownership: 0.103%Palisade Asset Management LLCBought 1,500 shares on 5/2/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions DTM Stock Analysis - Frequently Asked Questions Should I buy or sell DT Midstream stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DT Midstream in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DTM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DTM, but not buy additional shares or sell existing shares. View DTM analyst ratings or view top-rated stocks. What is DT Midstream's stock price target for 2024? 9 Wall Street analysts have issued 12-month target prices for DT Midstream's shares. Their DTM share price targets range from $53.00 to $70.00. On average, they predict the company's share price to reach $61.50 in the next year. This suggests that the stock has a possible downside of 2.3%. View analysts price targets for DTM or view top-rated stocks among Wall Street analysts. How have DTM shares performed in 2024? DT Midstream's stock was trading at $54.80 on January 1st, 2024. Since then, DTM shares have increased by 14.8% and is now trading at $62.93. View the best growth stocks for 2024 here. Are investors shorting DT Midstream? DT Midstream saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 3,220,000 shares, a decrease of 11.0% from the March 31st total of 3,620,000 shares. Based on an average daily volume of 674,200 shares, the short-interest ratio is currently 4.8 days. Approximately 3.3% of the company's shares are sold short. View DT Midstream's Short Interest. When is DT Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our DTM earnings forecast. How were DT Midstream's earnings last quarter? DT Midstream, Inc. (NYSE:DTM) released its quarterly earnings data on Tuesday, April, 30th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04. The company had revenue of $240 million for the quarter, compared to analyst estimates of $242.62 million. DT Midstream had a net margin of 42.46% and a trailing twelve-month return on equity of 9.41%. During the same period last year, the firm earned $0.84 earnings per share. How often does DT Midstream pay dividends? What is the dividend yield for DT Midstream? DT Midstream declared a quarterly dividend on Tuesday, April 30th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.735 per share on Monday, July 15th. This represents a $2.94 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for DTM. Is DT Midstream a good dividend stock? DT Midstream (NYSE:DTM) pays an annual dividend of $2.94 per share and currently has a dividend yield of 4.67%. DTM 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTM will have a dividend payout ratio of 67.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTM. What ETFs hold DT Midstream's stock? ETFs with the largest weight of DT Midstream (NYSE:DTM) stock in their portfolio include First Trust EIP Carbon Impact ETF (ECLN), Alerian Energy Infrastructure ETF (ENFR), VanEck Energy Income ETF (EINC), Invesco S&P Spin-Off ETF (CSD), USCF Midstream Energy Income Fund (UMI), First Trust North American Energy Infrastructure Fund (EMLP), Global X MLP & Energy Infrastructure ETF (MLPX) and Pacer American Energy Independence ETF (USAI). Who are DT Midstream's major shareholders? DT Midstream's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.83%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.72%), Deroy & Devereaux Private Investment Counsel Inc. (0.47%), Principal Financial Group Inc. (0.41%), Retirement Systems of Alabama (0.27%) and Chickasaw Capital Management LLC (0.26%). Insiders that own company stock include David Slater, Jeffrey A Jewell, Peter I Tumminello and Robert C Skaggs Jr. View institutional ownership trends. How do I buy shares of DT Midstream? Shares of DTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DTM) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersMysterious Gold Leverage Just AnnouncedStansberry ResearchThe only AI company you should be looking atBehind the MarketsDid You Get Your Free Bitcoin Yet?Crypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DT Midstream, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
