DCP Midstream Stock Forecast, Price & News

DCP Midstream's stock was trading at $6.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DCP stock has increased by 148.4% and is now trading at $17.19.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 1 sell rating, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for DCP Midstream.

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DCP Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for DCP Midstream.

DCP Midstream, LP (NYSE:DCP) announced its quarterly earnings results on Wednesday, November, 4th. The pipeline company reported $0.46 EPS for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.11. The pipeline company earned $1.59 billion during the quarter, compared to analysts' expectations of $2.23 billion. DCP Midstream had a positive return on equity of 6.83% and a negative net margin of 6.07%. DCP Midstream's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the business posted ($1.59) earnings per share.
View DCP Midstream's earnings history.

DCP Midstream announced a quarterly dividend on Friday, October 16th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.39 per share on Friday, November 13th. This represents a $1.56 annualized dividend and a yield of 9.08%. The ex-dividend date of this dividend is Thursday, October 29th.
View DCP Midstream's dividend history.

13 brokers have issued 12 month price targets for DCP Midstream's shares. Their forecasts range from $8.00 to $24.00. On average, they anticipate DCP Midstream's share price to reach $13.92 in the next year. This suggests that the stock has a possible downside of 19.0%.
View analysts' price targets for DCP Midstream.

DCP Midstream saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 2,930,000 shares, a decline of 21.0% from the September 30th total of 3,710,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 3.3% of the shares of the company are sold short.
View DCP Midstream's Short Interest.

Some companies that are related to DCP Midstream include Western Midstream Partners (WES), Targa Resources (TRGP), Equitrans Midstream (ETRN), Antero Midstream (AM), Enable Midstream Partners (ENBL), TC PipeLines (TCP), EnLink Midstream (ENLC), Rattler Midstream (RTLR), Archrock (AROC), USA Compression Partners (USAC), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM) and Summit Midstream Partners (SMLP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), AT&T (T), Annaly Capital Management (NLY), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), Chimera Investment (CIM) and New Residential Investment (NRZ).

DCP Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCP."

DCP Midstream's stock is owned by a variety of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (5.20%), Tortoise Capital Advisors L.L.C. (1.82%), JPMorgan Chase & Co. (1.48%), Morgan Stanley (0.83%), Blackstone Group Inc (0.73%) and First Trust Advisors LP (0.35%). Company insiders that own DCP Midstream stock include Don Baldridge, Fred J Fowler, Kempen Wouter T Van, Richard A Loving and Sean O'brien.
View institutional ownership trends for DCP Midstream.

DCP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, First Trust Advisors LP, Alps Advisors Inc., Heronetta Management L.P., Envestnet Asset Management Inc., Americana Partners LLC, and Wambolt & Associates LLC.
View insider buying and selling activity for DCP Midstream.

DCP stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Blackstone Group Inc, Morgan Stanley, Arrowstreet Capital Limited Partnership, Allianz Asset Management GmbH, Wells Fargo & Company MN, Duff & Phelps Investment Management Co., and Arrow Investment Advisors LLC. Company insiders that have bought DCP Midstream stock in the last two years include Don Baldridge, Fred J Fowler, Kempen Wouter T Van, Richard A Loving, and Sean O'brien.
View insider buying and selling activity for DCP Midstream.

Shares of DCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DCP stock can currently be purchased for approximately $17.19.

DCP Midstream has a market capitalization of $3.58 billion and generates $7.63 billion in revenue each year. The pipeline company earns $17 million in net income (profit) each year or $1.04 on an earnings per share basis. DCP Midstream employs 2,250 workers across the globe.

The official website for DCP Midstream is www.dcpmidstream.com.

DCP Midstream's mailing address is 370 17TH STREET SUITE 2500, DENVER CO, 80202. The pipeline company can be reached via phone at 303-595-3331 or via email at [email protected]