DT Midstream Stock Price, News & Analysis (NYSE:DTM) $57.31 +0.16 (+0.28%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$57.06▼$57.7550-Day Range$51.47▼$57.4252-Week Range$45.10▼$61.00Volume686,447 shsAverage Volume645,010 shsMarket Capitalization$5.56 billionP/E Ratio15.96Dividend Yield4.82%Price Target$57.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media DT Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside0.1% Downside$57.25 Price TargetShort InterestBearish3.31% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$16,733 Bought Last QuarterProj. Earnings Growth5.57%From $3.59 to $3.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.79 out of 5 starsEnergy Sector2nd out of 5 stocksOil & Gas Midstream Industry1st out of 2 stocks 1.1 Analyst's Opinion Consensus RatingDT Midstream has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.25, DT Midstream has a forecasted downside of 0.1% from its current price of $57.31.Amount of Analyst CoverageDT Midstream has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.31% of the float of DT Midstream has been sold short.Short Interest Ratio / Days to CoverDT Midstream has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in DT Midstream has recently increased by 5.26%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipDT Midstream is a leading dividend payer. It pays a dividend yield of 4.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDT Midstream has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of DT Midstream is 76.88%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, DT Midstream will have a dividend payout ratio of 72.82% next year. This indicates that DT Midstream will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DTM. Previous Next 1.1 News and Social Media Coverage News SentimentDT Midstream has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for DT Midstream this week, compared to 3 articles on an average week.Search Interest4 people have searched for DTM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added DT Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DT Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,733.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.09% of the stock of DT Midstream is held by insiders.Percentage Held by Institutions79.82% of the stock of DT Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DT Midstream are expected to grow by 5.57% in the coming year, from $3.59 to $3.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DT Midstream is 15.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.80.Price to Earnings Ratio vs. SectorThe P/E ratio of DT Midstream is 15.96, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 114.88.Price to Book Value per Share RatioDT Midstream has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More DTM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTM Stock News HeadlinesNovember 10, 2023 | morningstar.comDT Midstream Inc Ordinary SharesNovember 8, 2023 | markets.businessinsider.comAnalysts Conflicted on These NA Names: SM Energy (SM), DT Midstream (DTM) and Canadian Natural (CNQ)November 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Cheniere Energy Partners (CQP), DT Midstream (DTM) and Paramount Resources (OtherPRMRF)November 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: EnLink Midstream (ENLC), BWX Technologies (BWXT) and DT Midstream (DTM)November 2, 2023 | finance.yahoo.comDT Midstream Inc (DTM) Reports Q3 2023 Earnings: Net Income of $91 MillionNovember 2, 2023 | finance.yahoo.comDT Midstream, Inc. (NYSE:DTM) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | seekingalpha.comDT Midstream, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 1, 2023 | finanznachrichten.deDT Midstream, Inc.: DT Midstream Reports Strong Third Quarter 2023 ResultsNovember 1, 2023 | finance.yahoo.comDT Midstream Reports Strong Third Quarter 2023 ResultsOctober 25, 2023 | finance.yahoo.comDT Midstream (DTM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 ReleaseOctober 22, 2023 | seekingalpha.comDT Midstream Goes Natural (Gas)October 20, 2023 | msn.comRaymond James Maintains DT Midstream (DTM) Outperform RecommendationOctober 19, 2023 | finance.yahoo.comAll You Need to Know About DT Midstream (DTM) Rating Upgrade to BuyOctober 18, 2023 | finance.yahoo.comDT Midstream to Announce Third Quarter 2023 Financial Results, Schedules Earnings CallOctober 10, 2023 | seekingalpha.comDT Midstream: Overlooked With Attractive Yield And No Debt Maturities Until 2028October 7, 2023 | msn.comGoldman Sachs Reiterates DT Midstream (DTM) Sell RecommendationOctober 4, 2023 | msn.comStifel Initiates Coverage of DT Midstream (DTM) with Buy RecommendationSeptember 19, 2023 | markets.businessinsider.comMizuho Securities Keeps Their Buy Rating on DT Midstream (DTM)September 16, 2023 | seekingalpha.comDT Midstream: Strong Operational Performance Doesn't Make For A Buy YetSeptember 16, 2023 | msn.comMizuho Reiterates DT Midstream (DTM) Buy RecommendationSeptember 15, 2023 | finance.yahoo.comDT Midstream Inc (DTM): A Comprehensive Analysis of its Dividend PerformanceSeptember 8, 2023 | forbes.comLeon Cooperman Curbs 2 Top Holdings, Enters Elevance Health PositionSeptember 8, 2023 | msn.comDT Midstream gains amid bullish pitch from billionaire Lee Cooperman (update)September 6, 2023 | finance.yahoo.comWith 82% ownership of the shares, DT Midstream, Inc. (NYSE:DTM) is heavily dominated by institutional ownersAugust 30, 2023 | finance.yahoo.comDT Midstream Completes Phase 1 LEAP ExpansionSee More Headlines Receive DTM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DT Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/15 Dividend9/15/2023Dividend Payable10/15/2023Last Earnings11/01/2023Today11/30/2023Ex-Dividend for 1/15 Dividend12/15/2023Fiscal Year End12/31/2023Dividend Payable1/15/2024Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:DTM CUSIPN/A CIK1842022 Webwww.dtmidstream.com Phone313-402-8532FaxN/AEmployees362Year FoundedN/APrice Target and Rating Average Stock Price Target$57.25 High Stock Price Target$60.00 Low Stock Price Target$54.00 Potential Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.59 Trailing P/E Ratio15.99 Forward P/E Ratio15.99 P/E GrowthN/ANet Income$370 million Net Margins37.78% Pretax Margin53.96% Return on Equity8.46% Return on Assets4.00% Debt Debt-to-Equity Ratio0.73 Current Ratio0.47 Quick Ratio0.47 Sales & Book Value Annual Sales$921 million Price / Sales6.04 Cash Flow$5.52 per share Price / Cash Flow10.40 Book Value$43.53 per share Price / Book1.32Miscellaneous Outstanding Shares96,971,000Free Float96,932,000Market Cap$5.57 billion OptionableNot Optionable Beta0.78 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. David J. Slater (Age 56)President, CEO & Director Comp: $2.54MMr. Jeffrey A. Jewell (Age 56)Executive VP, CFO & Chief Accounting Officer Comp: $1.4MMr. Christopher Zona (Age 50)Executive VP & COO Comp: $1.35MMs. Melissa Cox (Age 53)Senior Vice President of Administration Comp: $605.97kMs. Wendy A.T. Ellis (Age 57)Executive VP, General Counsel & Corporate Secretary Comp: $952.9kMr. Robert C. Skaggs Jr. (Age 69)Chairman Todd LohrmannDirector of Investor RelationsMore ExecutivesKey CompetitorsKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 2,876 shares on 11/30/2023Ownership: 0.121%Deutsche Bank AGBought 799,224 shares on 11/24/2023Ownership: 0.894%Comerica BankBought 85,485 shares on 11/21/2023Ownership: 0.089%Creative PlanningBought 511 shares on 11/16/2023Ownership: 0.034%Harbour Investments Inc.Bought 213 shares on 11/16/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions DTM Stock Analysis - Frequently Asked Questions Should I buy or sell DT Midstream stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DT Midstream in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 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 target for 2024? 8 brokerages have issued twelve-month price objectives for DT Midstream's stock. Their DTM share price targets range from $54.00 to $60.00. On average, they expect the company's share price to reach $57.25 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. 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 the year. Since then, DTM shares have increased by 3.7% and is now trading at $57.31. View the best growth stocks for 2023 here. Are investors shorting DT Midstream? DT Midstream saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,200,000 shares, an increase of 5.3% from the October 31st total of 3,040,000 shares. Based on an average daily volume of 651,900 shares, the short-interest ratio is presently 4.9 days. Currently, 3.3% 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 Thursday, February 15th 2024. View our DTM earnings forecast. How were DT Midstream's earnings last quarter? DT Midstream, Inc. (NYSE:DTM) released its earnings results on Wednesday, November, 1st. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. The firm had revenue of $234 million for the quarter, compared to the consensus estimate of $226.76 million. DT Midstream had a trailing twelve-month return on equity of 8.46% and a net margin of 37.78%. During the same quarter in the prior year, the business posted $0.90 EPS. How often does DT Midstream pay dividends? What is the dividend yield for DT Midstream? DT Midstream announced a quarterly dividend on Wednesday, November 1st. Stockholders of record on Monday, December 18th will be given a dividend of $0.69 per share on Monday, January 15th. This represents a $2.76 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Friday, December 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 4.83%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 76.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DTM will have a dividend payout ratio of 72.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTM. What ETFs hold DT Midstream's stock? ETFs with the largest weight of DT Midstream (NYSE:DTM) stock in their portfolio include First Trust EIP Carbon Impact ETF (ECLN), Alerian Energy Infrastructure ETF (ENFR), VanEck Energy Income ETF (EINC), Global X MLP & Energy Infrastructure ETF (MLPX), Invesco S&P Spin-Off ETF (CSD), USCF Midstream Energy Income Fund (UMI), First Trust North American Energy Infrastructure Fund (EMLP) and Pacer American Energy Independence ETF (USAI). What guidance has DT Midstream issued on next quarter's earnings? DT Midstream issued an update on its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $3.50 to $3.66 for the period, compared to the consensus earnings per share estimate of $3.64. Who are DT Midstream's major shareholders? DT Midstream's stock is owned by many different retail and institutional investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (2.64%), JPMorgan Chase & Co. (1.99%), Bank of New York Mellon Corp (1.23%), Morgan Stanley (1.10%), Reaves W H & Co. Inc. (0.99%) and Invesco Ltd. (0.95%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:DTM) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DT Midstream, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free 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. 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