Q3 EPS Estimates for DT Midstream Decreased by Analyst

Key Points

• Analyst trims Q3 outlook: US Capital Advisors cut its Q3 2026 EPS estimate for DT Midstream to $1.13 from $1.15 and provided FY2026 and FY2027 projections of $4.70 and $5.09 per share, respectively.
• Recent quarter missed estimates: DT Midstream reported $1.08 EPS for the latest quarter, missing the $1.11 consensus and posting revenue of $317.0 million vs. $320.07 million expected.
• Dividend increased: The company raised its quarterly dividend to $0.88 (annualized $3.52) for a 2.6% yield, with an ex-dividend date of March 16 and payment on April 15.

DT Midstream, Inc. (NYSE:DTM - Free Report) - US Capital Advisors dropped their Q3 2026 earnings estimates for DT Midstream in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $1.13 per share for the quarter, down from their prior estimate of $1.15. The consensus estimate for DT Midstream's current full-year earnings is $3.80 per share. US Capital Advisors also issued estimates for DT Midstream's Q4 2026 earnings at $1.20 EPS, FY2026 earnings at $4.70 EPS, Q1 2027 earnings at $1.23 EPS, Q2 2027 earnings at $1.25 EPS, Q4 2027 earnings at $1.42 EPS and FY2027 earnings at $5.09 EPS.

DT Midstream (NYSE:DTM - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.11 by ($0.03). The company had revenue of $317.00 million for the quarter, compared to analyst estimates of $320.07 million. DT Midstream had a return on equity of 9.13% and a net margin of 35.48%.During the same period in the prior year, the company earned $0.94 EPS.

Other equities research analysts have also recently issued research reports about the stock. Stifel Nicolaus set a $137.00 price objective on shares of DT Midstream and gave the stock a "hold" rating in a research report on Monday, February 23rd. Barclays increased their price target on shares of DT Midstream from $119.00 to $141.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 5th. UBS Group boosted their price objective on shares of DT Midstream from $128.00 to $152.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Citigroup raised their target price on DT Midstream from $130.00 to $156.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of DT Midstream in a research note on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $144.10.

DT Midstream Stock Performance

NYSE:DTM opened at $137.14 on Tuesday. The company has a market cap of $13.95 billion, a price-to-earnings ratio of 31.82, a PEG ratio of 2.72 and a beta of 0.75. DT Midstream has a fifty-two week low of $83.30 and a fifty-two week high of $143.67. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a fifty day moving average price of $131.21 and a 200-day moving average price of $120.12.

DT Midstream Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.6%. This is a boost from DT Midstream's previous quarterly dividend of $0.82. The ex-dividend date is Monday, March 16th. DT Midstream's dividend payout ratio (DPR) is currently 81.67%.

Insider Activity at DT Midstream

In other news, CFO Jeffrey A. Jewell acquired 185 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average price of $136.33 per share, with a total value of $25,221.05. Following the acquisition, the chief financial officer directly owned 89,583 shares in the company, valued at $12,212,850.39. The trade was a 0.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.34% of the company's stock.

Institutional Trading of DT Midstream

A number of hedge funds have recently made changes to their positions in DTM. V Square Quantitative Management LLC acquired a new position in shares of DT Midstream in the fourth quarter valued at approximately $28,000. Richardson Financial Services Inc. boosted its position in DT Midstream by 62.7% during the 4th quarter. Richardson Financial Services Inc. now owns 244 shares of the company's stock worth $29,000 after buying an additional 94 shares during the period. Mather Group LLC. acquired a new stake in DT Midstream during the 3rd quarter worth approximately $30,000. Centerpoint Advisors LLC grew its holdings in DT Midstream by 198.9% during the 3rd quarter. Centerpoint Advisors LLC now owns 269 shares of the company's stock worth $30,000 after acquiring an additional 179 shares during the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in DT Midstream in the 4th quarter valued at approximately $30,000. 81.53% of the stock is owned by institutional investors and hedge funds.

About DT Midstream

DT Midstream Inc NYSE: DTM is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.

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