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S&P 500   4,288.05
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Federal student loan payments are starting again. Here's what you need to know
New Breakthrough "Living Software" Has Been… (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
New Breakthrough "Living Software" Has Been… (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
New Breakthrough "Living Software" Has Been… (Ad)
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Bank of Japan survey shows manufacturers optimistic about economy
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Late-night shows return after writers strike as actors resume talks that could end their standoff
NYSE:DTM

DT Midstream (DTM) Stock Forecast, Price & News

$52.92
-0.39 (-0.73%)
(As of 09/29/2023 08:52 PM ET)
Compare
Today's Range
$52.79
$53.50
50-Day Range
$50.57
$53.80
52-Week Range
$45.10
$61.12
Volume
647,000 shs
Average Volume
645,792 shs
Market Capitalization
$5.13 billion
P/E Ratio
13.89
Dividend Yield
5.22%
Price Target
$56.83

DT Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
7.4% Upside
$56.83 Price Target
Short Interest
Bearish
3.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of DT Midstream in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$18,680 Bought Last Quarter
Proj. Earnings Growth
5.59%
From $3.58 to $3.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Oils/Energy Sector

166th out of 243 stocks

Natural Gas Transmission Industry

11th out of 18 stocks


DTM stock logo

About DT Midstream (NYSE:DTM) Stock

DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

DTM Price History

DTM Stock News Headlines

Mizuho Securities Keeps Their Buy Rating on DT Midstream (DTM)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
DT Midstream Completes Phase 1 LEAP Expansion
DT Midstream Non-GAAP EPS of $0.93 beats by $0.06
A Preview Of DT Midstream's Earnings
DT Midstream (NYSE: DTM)
DTM - DT Midstream, Inc.
DT Midstream Publishes Annual Sustainability Report
DT Midstream: Asset Optimization Fostering Growth
DT Midstream Incorporation Registered Shs When Issued
See More Headlines
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DTM Company Calendar

Ex-Dividend for 7/15 Dividend
6/15/2023
Dividend Payable
7/15/2023
Last Earnings
8/01/2023
Ex-Dividend for 10/15 Dividend
9/15/2023
Today
10/01/2023
Dividend Payable
10/15/2023
Next Earnings (Estimated)
10/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Fax
N/A
Employees
362
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.83
High Stock Price Forecast
$59.00
Low Stock Price Forecast
$54.00
Forecasted Upside/Downside
+7.4%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$370 million
Pretax Margin
53.47%

Debt

Sales & Book Value

Annual Sales
$920 million
Cash Flow
$5.46 per share
Book Value
$42.94 per share

Miscellaneous

Free Float
96,863,000
Market Cap
$5.13 billion
Optionable
Not Optionable
Beta
0.82
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. David J. SlaterMr. David J. Slater (Age 56)
    Pres, CEO & Director
    Comp: $2.54M
  • Mr. Jeffrey A. JewellMr. Jeffrey A. Jewell (Age 56)
    Exec. VP, CFO & Chief Accounting Officer
    Comp: $1.4M
  • Mr. Christopher Zona (Age 50)
    Exec. VP & COO
    Comp: $1.35M
  • Ms. Melissa Cox (Age 53)
    Sr. VP of Admin.
    Comp: $605.97k
  • Ms. Wendy A.T. Ellis (Age 57)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $952.9k
  • Mr. Robert C. Skaggs Jr.Mr. Robert C. Skaggs Jr. (Age 69)
    Chairman
  • Todd Lohrmann
    Director of Investor Relations













DTM Stock - Frequently Asked Questions

Should I buy or sell DT Midstream stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DT Midstream in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DTM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DTM, but not buy additional shares or sell existing shares.
View DTM analyst ratings
or view top-rated stocks.

What is DT Midstream's stock price forecast for 2023?

7 brokerages have issued 1 year price objectives for DT Midstream's shares. Their DTM share price forecasts range from $54.00 to $59.00. On average, they predict the company's share price to reach $56.83 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for DTM
or view top-rated stocks among Wall Street analysts.

How have DTM shares performed in 2023?

DT Midstream's stock was trading at $55.26 at the beginning of 2023. Since then, DTM stock has decreased by 4.2% and is now trading at $52.92.
View the best growth stocks for 2023 here
.

Are investors shorting DT Midstream?

DT Midstream saw a increase in short interest in September. As of September 15th, there was short interest totaling 3,280,000 shares, an increase of 24.2% from the August 31st total of 2,640,000 shares. Based on an average daily trading volume, of 568,400 shares, the days-to-cover ratio is currently 5.8 days. Approximately 3.4% of the shares of the company are sold short.
View DT Midstream's Short Interest
.

When is DT Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our DTM earnings forecast
.

How were DT Midstream's earnings last quarter?

DT Midstream, Inc. (NYSE:DTM) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.05. The company earned $224 million during the quarter, compared to analyst estimates of $228.87 million. DT Midstream had a net margin of 40.13% and a trailing twelve-month return on equity of 8.44%. During the same period last year, the company posted $0.80 earnings per share.

How often does DT Midstream pay dividends? What is the dividend yield for DT Midstream?

DT Midstream declared a quarterly dividend on Tuesday, August 1st. Investors of record on Monday, September 18th will be given a dividend of $0.69 per share on Sunday, October 15th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Friday, September 15th.
Read our dividend analysis for DTM
.

Is DT Midstream a good dividend stock?

DT Midstream (NYSE:DTM) pays an annual dividend of $2.76 per share and currently has a dividend yield of 5.22%. DTM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTM will have a dividend payout ratio of 73.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DTM.

What guidance has DT Midstream issued on next quarter's earnings?

DT Midstream issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $3.50-$3.66 for the period, compared to the consensus EPS estimate of $3.59. The company issued revenue guidance of -.

What is DT Midstream's stock symbol?

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

How do I buy shares of DT Midstream?

Shares of DTM 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.
Compare Top Brokerages Here.

What is DT Midstream's stock price today?

One share of DTM stock can currently be purchased for approximately $52.92.

How much money does DT Midstream make?

DT Midstream (NYSE:DTM) has a market capitalization of $5.13 billion and generates $920 million in revenue each year. The company earns $370 million in net income (profit) each year or $3.81 on an earnings per share basis.

How many employees does DT Midstream have?

The company employs 362 workers across the globe.

How can I contact DT Midstream?

The official website for the company is www.dtmidstream.com. The company can be reached via phone at 313-402-8532 or via email at investor_relations@dtmidstream.com.

This page (NYSE:DTM) was last updated on 10/2/2023 by MarketBeat.com Staff

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