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[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
NYSE:DTM

DT Midstream (DTM) Stock Forecast, Price & News

$52.92
-0.39 (-0.73%)
(As of 09/29/2023 ET)
Compare
Today's Range
$52.79
$53.50
50-Day Range
$50.57
$53.80
52-Week Range
$45.10
$61.12
Volume
647,053 shs
Average Volume
721,992 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
0.79mentions 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

170th out of 249 stocks

Natural Gas Transmission Industry

12th 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)
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The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
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The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
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
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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 Wall Street research analysts 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 expect the company's stock price to reach $56.83 in the next year. 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 start of the year. 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 during the month of 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 volume of 568,400 shares, the days-to-cover ratio is presently 5.8 days. Approximately 3.4% of the shares of the stock are short sold.
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) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.05. The business had revenue of $224 million for the quarter, compared to the consensus estimate 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 in the previous year, the business earned $0.80 earnings per share.

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

DT Midstream announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Monday, September 18th will be paid a dividend of $0.69 per share on Sunday, October 15th. This represents a $2.76 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date 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 EPS guidance of $3.50-$3.66 for the period, compared to the consensus earnings per share 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 10/1/2023 by MarketBeat.com Staff

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