DT Midstream (DTM) Projected to Post Quarterly Earnings on Thursday

Key Points

• DT Midstream is expected to report Q3 2026 results before the market opens on October 29. Analysts forecast earnings of $1.12 per share on revenue of $329.65 million, compared with $1.09 EPS and $332.57 million in revenue last quarter.
• The company’s shares opened at $124.58, below their 52-week high of $152.88. DT Midstream pays a quarterly dividend of $0.88 per share, equivalent to a 2.8% annualized yield.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $151.36, although recent targets range from $121 to $165.

DT Midstream (NYSE:DTM - Get Free Report) is projected to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $1.12 per share and revenue of $329.65 million for the quarter. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Individuals can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

DT Midstream (NYSE:DTM - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.17 by ($0.08). The company had revenue of $332.57 million during the quarter, compared to analyst estimates of $325.84 million. DT Midstream had a net margin of 35.72% and a return on equity of 9.58%. During the same period in the prior year, the firm posted $1.04 EPS. On average, analysts expect DT Midstream to post $4.57 EPS for the current fiscal year and $4.80 EPS for the next fiscal year.

DT Midstream Price Performance

NYSE:DTM opened at $124.58 on Thursday. DT Midstream has a 52-week low of $104.99 and a 52-week high of $152.88. The company has a market cap of $12.71 billion, a P/E ratio of 27.26, a P/E/G ratio of 3.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.37 and a current ratio of 1.37. The stock's 50-day simple moving average is $126.77 and its 200 day simple moving average is $136.31.

DT Midstream Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, September 21st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.52 annualized dividend and a yield of 2.8%. DT Midstream's dividend payout ratio is 77.02%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DTM. Morgan Stanley decreased their price target on DT Midstream from $170.00 to $164.00 and set an "overweight" rating for the company in a research note on Wednesday. The Goldman Sachs Group reiterated a "sell" rating and set a $121.00 price objective on shares of DT Midstream in a research note on Wednesday, October 14th. Scotiabank set a $165.00 price objective on DT Midstream in a research note on Thursday, October 15th. Wolfe Research raised DT Midstream from a "peer perform" rating to an "outperform" rating and set a $145.00 price objective for the company in a report on Wednesday, August 26th. Finally, Mizuho cut their price objective on DT Midstream from $153.00 to $147.00 and set a "neutral" rating for the company in a report on Friday, July 31st. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $151.36.

DT Midstream Company Profile

DT Midstream, Inc NYSE: DTM is an independent North American energy company focused on the transportation, storage and gathering of natural gas. The company owns and operates interstate and intrastate pipeline systems, natural gas storage facilities, and gathering and processing infrastructure that connect producers with utilities, power generators, industrial customers and other energy markets.

DT Midstream's operations are concentrated in the United States, including the Midwest, Northeast and Gulf Coast regions.

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