NYSE:DCPDCP 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. Since then, DCP stock has increased by 59.0% and is now trading at $11.00. 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, 9 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 Tuesday, August 4th 2020. View our earnings forecast for DCP Midstream.

DCP Midstream LP (NYSE:DCP) posted its quarterly earnings results on Wednesday, May, 6th. The pipeline company reported ($2.71) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $3.13. The pipeline company earned $1.66 billion during the quarter, compared to analysts' expectations of $2.33 billion. DCP Midstream had a positive return on equity of 6.70% and a negative net margin of 8.58%. DCP Midstream's revenue for the quarter was down 24.6% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. View DCP Midstream's earnings history.

DCP Midstream declared a quarterly dividend on Tuesday, April 21st. Shareholders 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 annualized dividend and a dividend yield of 14.18%. The ex-dividend date of this dividend is Thursday, April 30th. View DCP Midstream's dividend history.

14 brokers have issued 12-month price targets for DCP Midstream's stock. Their forecasts range from $6.00 to $31.00. On average, they anticipate DCP Midstream's share price to reach $16.42 in the next twelve months. This suggests a possible upside of 49.2% from the stock's current price. View analysts' price targets for DCP Midstream.

News coverage about DCP stock has trended extremely negative on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DCP Midstream earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutDCP Midstream.

Some companies that are related to DCP Midstream include Targa Resources (TRGP), EQM Midstream Partners (EQM), Western Midstream Partners (WES), TC Pipelines (TCP), Antero Midstream (AM), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR), USA Compression Partners (USAC), EnLink Midstream (ENLC), 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 Alps Advisors Inc. (5.58%), Invesco Ltd. (5.52%), Tortoise Capital Advisors L.L.C. (2.95%), Morgan Stanley (2.50%), Morgan Stanley (2.50%) and Clearbridge Investments LLC (1.33%). 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., Bleichroeder LP, Clearbridge Investments LLC, Eagle Global Advisors LLC, UBS Group AG, Kayne Anderson Capital Advisors LP, Infrastructure Capital Advisors LLC, and Harvest Fund Advisors LLC. View insider buying and selling activity for DCP Midstream.

DCP stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Invesco Ltd., Alps Advisors Inc., Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Cadence Capital Management LLC, and Vident Investment Advisory 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 $11.00.

DCP Midstream has a market capitalization of $2.29 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]