DCP Midstream - DCP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DCP shares.
View DCP analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 12-month price objectives for DCP Midstream's shares. Their DCP share price forecasts range from $35.00 to $45.00. On average, they anticipate the company's share price to reach $38.88 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
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DCP Midstream's stock was trading at $27.48 at the beginning of the year. Since then, DCP shares have increased by 39.7% and is now trading at $38.40.
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DCP Midstream saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,070,000 shares, a drop of 19.1% from the July 15th total of 5,030,000 shares. Based on an average daily volume of 526,900 shares, the short-interest ratio is presently 7.7 days. Currently, 4.5% of the company's stock are sold short.
View DCP Midstream's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DCP earnings forecast.

DCP Midstream, LP (NYSE:DCP) released its earnings results on Tuesday, November, 2nd. The pipeline company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by $0.52. The pipeline company had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $4.80 billion. DCP Midstream had a net margin of 5.97% and a trailing twelve-month return on equity of 16.34%. During the same quarter last year, the business earned $0.46 EPS.

DCP Midstream declared a quarterly dividend on Thursday, July 21st. Shareholders of record on Friday, July 29th will be paid a dividend of $0.43 per share on Friday, August 12th. This represents a $1.72 annualized dividend and a yield of 4.48%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for DCP.

DCP Midstream (NYSE:DCP) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.95%. DCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCP will have a dividend payout ratio of 36.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCP.

125 employees have rated DCP Midstream Chief Executive Officer Wouter van Kempen on Glassdoor.com. Wouter van Kempen has an approval rating of 71% among the company's employees.

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 many different institutional and retail investors. Top institutional shareholders include Alps Advisors Inc. (6.34%), Tortoise Capital Advisors L.L.C. (4.40%), Goldman Sachs Group Inc. (2.43%), JPMorgan Chase & Co. (1.50%), Chickasaw Capital Management LLC (1.42%) and Clearbridge Investments LLC (1.10%). Insiders that own company stock include Don Baldridge, Fred J Fowler, Kempen Wouter T Van, Richard A Loving and Sean O'brien.
View institutional ownership trends.

Shares of DCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DCP stock can currently be purchased for approximately $38.40.

DCP Midstream (NYSE:DCP) has a market capitalization of $8.00 billion and generates $10.71 billion in revenue each year. The pipeline company earns $391 million in net income (profit) each year or $3.71 on an earnings per share basis.

The company employs 1,788 workers across the globe.

DCP Midstream was founded in 2000.

DCP Midstream's mailing address is 370 17TH STREET SUITE 2500, DENVER CO, 80202. The official website for the company is www.dcpmidstream.com. The pipeline company can be reached via phone at (303) 595-3331, via email at mmcginnis@dcpmidstream.com, or via fax at 303-633-2921.