NYSE:DCPDCP Midstream Stock Price, Forecast & News

DCP Midstream's stock was trading at $6.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DCP shares have increased by 46.4% and is now trading at $10.13. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 3 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for DCP Midstream.

DCP Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for DCP Midstream.

DCP Midstream LP (NYSE:DCP) announced its quarterly earnings results on Wednesday, May, 6th. The pipeline company reported ($2.71) earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by $3.13. The pipeline company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $2.33 billion. DCP Midstream had a negative net margin of 8.58% and a positive return on equity of 6.70%. The company's revenue for the quarter was down 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 earnings per share. View DCP Midstream's earnings history.

DCP Midstream declared a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, May 1st will be given a dividend of $0.39 per share on Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 15.40%. The ex-dividend date is Thursday, April 30th. View DCP Midstream's dividend history.

14 brokers have issued 12-month price objectives for DCP Midstream's shares. Their forecasts range from $7.00 to $31.00. On average, they anticipate DCP Midstream's stock price to reach $15.38 in the next twelve months. This suggests a possible upside of 51.8% from the stock's current price. View analysts' price targets for DCP Midstream.

News coverage about DCP stock has trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DCP Midstream earned a news sentiment score of -1.8 on InfoTrie's scale. They also gave media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about DCP Midstream.

DCP Midstream saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,790,000 shares, an increase of 5.6% from the June 15th total of 7,380,000 shares. Based on an average trading volume of 2,490,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 9.2% of the company's stock are short sold. View DCP Midstream's Current Options Chain.

Some companies that are related to DCP Midstream include EQM Midstream Partners (EQM), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), TC Pipelines (TCP), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR), EnLink Midstream (ENLC), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), CNX Midstream Partners (CNXM) and Summit Midstream Partners (SMLP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), AT&T (T), ANNALY CAP MGMT/SH (NLY), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), New Residential Investment (NRZ) and Ford Motor (F).

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

DCP Midstream's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $10.13.

DCP Midstream has a market capitalization of $2.11 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]