NYSE:DCP DCP Midstream Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DCP Midstream LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.20 +0.23 (+2.31 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$9.62Now: $10.20▼$10.4850-Day Range$9.97MA: $12.70▼$14.6852-Week Range$2.20Now: $10.20▼$27.32Volume931,134 shsAverage Volume1.86 million shsMarket Capitalization$2.12 billionP/E RatioN/ADividend Yield15.65%Beta3.92 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates in two segments, Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); fractionating NGLs; and wholesale propane logistics. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 49 plants and 57,000 miles of natural gas gathering and transmission systems. It serves petrochemical and refining companies, and retail propane distributors. DCP Midstream GP, LP serves as the general partner of the company. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was founded in 2005 and is headquartered in Denver, Colorado.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingDCP Midstream has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 9 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.17, DCP Midstream has a forecasted upside of 38.9% from its current price of $10.20.Amount of Analyst CoverageDCP Midstream has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesDCP Midstream has received 399 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDCP Midstream has received 491 “underperform” votes. (Add your “underperform” vote.)Community SentimentDCP Midstream has received 55.17% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about DCP Midstream and other stocks. Vote “Outperform” if you believe DCP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DCP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipDCP Midstream is a leading dividend payer. It pays a dividend yield of 15.65%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDCP Midstream has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of DCP Midstream is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, DCP Midstream will have a dividend payout ratio of 135.65% in the coming year. This indicates that DCP Midstream may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DCP Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of DCP Midstream is held by insiders.Percentage Held by InstitutionsOnly 27.28% of the stock of DCP Midstream is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for DCP Midstream are expected to decrease by -3.36% in the coming year, from $1.19 to $1.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DCP Midstream is -2.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of DCP Midstream is -2.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDCP Midstream has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.70 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:DCP Previous Symbol CUSIPN/A CIK1338065 Webwww.dcpmidstream.com Phone303-595-3331Debt Debt-to-Equity Ratio1.17 Current Ratio0.99 Quick Ratio0.95Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio8.57 P/E GrowthN/A Sales & Book Value Annual Sales$7.63 billion Price / Sales0.28 Cash Flow$3.34 per share Price / Cash Flow3.05 Book Value$28.23 per share Price / Book0.36Profitability EPS (Most Recent Fiscal Year)$1.04 Net Income$17 million Net Margins-10.37% Return on Equity5.79% Return on Assets2.37%Miscellaneous Employees2,250 Outstanding Shares208,329,000Market Cap$2.12 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $10.20 +0.23 (+2.31 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DCP News and Ratings via Email Sign-up to receive the latest news and ratings for DCP and its competitors with MarketBeat's FREE daily newsletter. DCP Midstream (NYSE:DCP) Frequently Asked Questions How has DCP Midstream's stock been impacted by Coronavirus (COVID-19)? DCP Midstream's stock was trading at $6.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DCP shares have increased by 47.4% and is now trading at $10.20. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of DCP Midstream? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 2 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for DCP Midstream. When is DCP Midstream's next earnings date? DCP Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for DCP Midstream. How were DCP Midstream's earnings last quarter? DCP Midstream LP (NYSE:DCP) announced its earnings results on Wednesday, August, 5th. The pipeline company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.06. The pipeline company earned $1.27 billion during the quarter, compared to the consensus estimate of $1.46 billion. DCP Midstream had a positive return on equity of 5.79% and a negative net margin of 10.37%. View DCP Midstream's earnings history. How often does DCP Midstream pay dividends? What is the dividend yield for DCP Midstream? DCP Midstream declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, July 31st will be paid a dividend of $0.39 per share on Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a yield of 15.29%. The ex-dividend date of this dividend is Thursday, July 30th. View DCP Midstream's dividend history. What price target have analysts set for DCP? 13 Wall Street analysts have issued 12 month price objectives for DCP Midstream's shares. Their forecasts range from $8.00 to $26.00. On average, they anticipate DCP Midstream's share price to reach $14.17 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price. View analysts' price targets for DCP Midstream. Who are some of DCP Midstream's key competitors? Some companies that are related to DCP Midstream include Equitrans Midstream (ETRN), Western Midstream Partners (WES), Targa Resources (TRGP), Antero Midstream (AM), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), USA Compression Partners (USAC), Rattler Midstream (RTLR), CNX Midstream Partners (CNXM), Archrock (AROC), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM) and Summit Midstream Partners (SMLP). View all competitors. What other stocks do shareholders of DCP Midstream own? 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), AT&T (T), ANNALY CAP MGMT/SH (NLY), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), CHIMERA INVT CO/SH NEW (CIM) and New Residential Investment (NRZ). Who are DCP Midstream's key executives? DCP Midstream's management team includes the following people: Mr. Wouter T. van Kempen, Chairman, Pres & CEO of DCP Midstream LLC (Age 50)Mr. Sean P. O'Brien, Group VP & CFO of DCP Midstream, LLC (Age 49)Mr. Brent L. Backes, Group VP, Gen. Counsel & Corp. Sec. - DCP Midstream GP LLC (Age 59)Mr. Donald A. Baldridge, Pres of Commercial - DCP Midstream LLC (Age 49)Mr. Brian S. Frederick, Pres of Asset Operations - DCP Midstream GP LLC (Age 53) What is DCP Midstream's stock symbol? DCP Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCP." Who are DCP Midstream's major shareholders? DCP Midstream's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (5.27%), Goldman Sachs Group Inc. (0.66%), Bank of America Corp DE (0.62%), First Trust Advisors LP (0.47%), Kayne Anderson Capital Advisors LP (0.46%) and UBS Group AG (0.44%). 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. Which major investors are selling DCP Midstream stock? DCP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Alps Advisors Inc., Bank of Montreal Can, Goldman Sachs Group Inc., Duff & Phelps Investment Management Co., Texas Yale Capital Corp., US Bancorp DE, and Advisor Group Holdings Inc.. View insider buying and selling activity for DCP Midstream. Which major investors are buying DCP Midstream stock? DCP stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Blackstone Group Inc, UBS Group AG, Bank of America Corp DE, Cadence Capital Management LLC, Glenmede Trust Co. NA, Rafferty Asset Management LLC, and Sumitomo Mitsui Trust Holdings 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. How do I buy shares of 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. What is DCP Midstream's stock price today? One share of DCP stock can currently be purchased for approximately $10.20. How big of a company is DCP Midstream? DCP Midstream has a market capitalization of $2.12 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. What is DCP Midstream's official website? The official website for DCP Midstream is www.dcpmidstream.com. How can I contact DCP Midstream? 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
