NYSE:DCP - DCP Midstream Stock Price, Forecast & 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 (WHO). Since then, DCP stock has decreased by 49.6% and is now trading at $3.49. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings 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 Monday, May 4th 2020. View our earnings forecast for DCP Midstream.

DCP Midstream LP (NYSE:DCP) posted its earnings results on Tuesday, February, 11th. The pipeline company reported ($0.08) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.43. The pipeline company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $2.31 billion. DCP Midstream had a net margin of 0.22% and a return on equity of 5.57%. View DCP Midstream's earnings history.

DCP Midstream declared a quarterly dividend on Thursday, January 23rd. Stockholders of record on Monday, February 3rd will be given a dividend of $0.78 per share on Friday, February 14th. This represents a $3.12 annualized dividend and a dividend yield of 89.40%. The ex-dividend date of this dividend is Friday, January 31st. View DCP Midstream's dividend history.

10 Wall Street analysts have issued 12-month price targets for DCP Midstream's shares. Their forecasts range from $11.00 to $32.00. On average, they anticipate DCP Midstream's share price to reach $26.11 in the next year. This suggests a possible upside of 648.2% from the stock's current price. View analysts' price targets for DCP Midstream.

News articles about DCP stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. DCP Midstream earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave news headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutDCP Midstream.

DCP Midstream saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,654,200 shares, an increase of 19.9% from the February 27th total of 5,550,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the short-interest ratio is currently 4.9 days. Approximately 7.4% 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), TC Pipelines (TCP), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), Enable Midstream Partners (ENBL), Transportadora de Gas del Sur (TGS), CNX Midstream Partners (CNXM), Archrock (AROC), Rattler Midstream (RTLR), USA Compression Partners (USAC), EnLink Midstream (ENLC) and Summit Midstream Partners (SMLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Alliance Resource Partners (ARLP), Martin Midstream Partners (MMLP), New Residential Investment (NRZ), AT&T (T), Hoegh LNG Partners (HMLP), AGNC Investment (AGNC) and Medley Capital (MCC).

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 investors include Alps Advisors Inc. (7.52%), Tortoise Capital Advisors L.L.C. (7.28%), Tortoise Capital Advisors L.L.C. (7.28%), Goldman Sachs Group Inc. (6.61%), Kayne Anderson Capital Advisors LP (2.11%) and Brookfield Public Securities Group LLC (1.52%). 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 CIBC Private Wealth Group LLC, Goldman Sachs Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, UBS Group AG, Kayne Anderson Capital Advisors LP, First Trust Advisors LP, Eagle Global Advisors LLC, and Cohen & Steers Inc.. View insider buying and selling activity for DCP Midstream.

DCP stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Bank of America Corp DE, Bank of Montreal Can, Brookfield Public Securities Group LLC, Barclays PLC, Credit Suisse AG, and Dividend Assets Capital 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 $3.49.

DCP Midstream has a market capitalization of $727.07 million 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. View additional information about DCP Midstream.

The official website for DCP Midstream is http://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]