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AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:DTM

DT Midstream (DTM) Stock Price, News & Analysis

$57.08
+0.23 (+0.40%)
(As of 02/23/2024 ET)
Today's Range
$56.73
$57.38
50-Day Range
$51.71
$57.09
52-Week Range
$45.10
$58.30
Volume
776,205 shs
Average Volume
666,878 shs
Market Capitalization
$5.54 billion
P/E Ratio
14.45
Dividend Yield
5.15%
Price Target
$57.57

DT Midstream MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
0.9% Upside
$57.57 Price Target
Short Interest
Healthy
2.87% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of DT Midstream in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.35%
From $3.85 to $4.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.23 out of 5 stars

Oils/Energy Sector

165th out of 241 stocks

Natural Gas Transmission Industry

12th out of 19 stocks


DTM stock logo

About DT Midstream Stock (NYSE:DTM)

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 Stock Price History

DTM Stock News Headlines

Brokerages Set DT Midstream, Inc. (NYSE:DTM) PT at $56.89
Wolfe Research Upgrades DT Midstream (DTM)
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
DT Midstream (NYSE:DTM) Upgraded to Peer Perform by Wolfe Research
I Missed The Sale On DT Midstream, But It's Still A Buy
Q4 2023 DT Midstream Inc Earnings Call
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
DT Midstream (NYSE:DTM) Shares Gap Up After Strong Earnings
Preview: DT Midstream's Earnings
DT Midstream Q4 2023 Earnings Preview
DT Midstream: A 5.2% Dividend With A 41% Payout Ratio
See More Headlines
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Company Calendar

Ex-Dividend for 1/15 Dividend
12/15/2023
Dividend Payable
1/15/2024
Last Earnings
2/16/2024
Today
2/24/2024
Ex-Dividend for 4/15 Dividend
3/15/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

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 Target
$57.57
High Stock Price Target
$60.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+0.9%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$384 million
Pretax Margin
54.23%

Debt

Sales & Book Value

Annual Sales
$922 million
Cash Flow
$6.05 per share
Book Value
$44.13 per share

Miscellaneous

Free Float
96,941,000
Market Cap
$5.54 billion
Optionable
Not Optionable
Beta
0.71
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DTM Stock Analysis - Frequently Asked Questions

Should I buy or sell DT Midstream stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DT Midstream in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

8 brokerages have issued 1 year price objectives for DT Midstream's shares. Their DTM share price targets range from $53.00 to $60.00. On average, they expect the company's share price to reach $57.57 in the next twelve months. This suggests a possible upside of 0.9% 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 2024?

DT Midstream's stock was trading at $54.80 at the beginning of 2024. Since then, DTM shares have increased by 4.2% and is now trading at $57.08.
View the best growth stocks for 2024 here
.

Are investors shorting DT Midstream?

DT Midstream saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,810,000 shares, an increase of 7.3% from the December 31st total of 2,620,000 shares. Based on an average daily volume of 688,900 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.9% 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 Tuesday, May 7th 2024.
View our DTM earnings forecast
.

How were DT Midstream's earnings last quarter?

DT Midstream, Inc. (NYSE:DTM) released its quarterly earnings data on Friday, February, 16th. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.92 by $0.32. The firm earned $244 million during the quarter, compared to analyst estimates of $235.19 million. DT Midstream had a net margin of 41.65% and a trailing twelve-month return on equity of 9.11%. During the same quarter in the prior year, the company earned $0.93 EPS.

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

DT Midstream announced a quarterly dividend on Friday, February 16th. Investors of record on Monday, March 18th will be given a dividend of $0.735 per share on Monday, April 15th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date of this dividend is Friday, March 15th. This is a boost from the stock's previous quarterly dividend of $0.69.
Read our dividend analysis for DTM
.

Is DT Midstream a good dividend stock?

DT Midstream (NYSE:DTM) pays an annual dividend of $2.94 per share and currently has a dividend yield of 4.86%. DTM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 74.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTM will have a dividend payout ratio of 69.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DTM.

Who are DT Midstream's major shareholders?

DT Midstream's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.57%), Dimensional Fund Advisors LP (3.51%), Goldman Sachs Group Inc. (3.31%), Franklin Resources Inc. (1.65%), First Trust Advisors LP (1.57%) and Norges Bank (1.16%). Insiders that own company stock include David Slater, Jeffrey A Jewell, Peter I Tumminello and Robert C Skaggs Jr.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DTM) was last updated on 2/25/2024 by MarketBeat.com Staff