NYSE:DTM DT Midstream (DTM) Stock Forecast, Price & News $47.77 +1.61 (+3.49%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$46.53▼$47.9950-Day Range$45.45▼$49.3752-Week Range$45.10▼$61.12Volume522,180 shsAverage Volume680,282 shsMarket Capitalization$4.63 billionP/E Ratio12.54Dividend Yield5.78%Price Target$57.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media DT Midstream MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside19.7% Upside$57.17 Price TargetShort InterestBearish3.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.13Based on 4 Articles This WeekInsider TradingAcquiring Shares$400,005 Bought Last QuarterProj. Earnings Growth9.40%From $3.51 to $3.84 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.2.61 out of 5 starsOils/Energy Sector88th out of 245 stocksNatural Gas Transmission Industry5th out of 17 stocks 2.1 Analyst's Opinion Consensus RatingDT Midstream has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.17, DT Midstream has a forecasted upside of 19.7% from its current price of $47.77.Amount of Analyst CoverageDT Midstream has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.03% 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 4.2.Change versus previous monthShort interest in DT Midstream has recently increased by 16.27%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDT Midstream is a leading dividend payer. It pays a dividend yield of 5.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDT Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DT Midstream is 72.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DT Midstream will have a dividend payout ratio of 71.88% 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 3.4 News and Social Media Coverage News SentimentDT Midstream has a news sentiment score of 1.13. 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 higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for DT Midstream this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for DTM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows1 people have added DT Midstream to their MarketBeat watchlist in the last 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 $400,005.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of DT Midstream is held by insiders.Percentage Held by Institutions78.28% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for DT Midstream are expected to grow by 9.40% in the coming year, from $3.51 to $3.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DT Midstream is 12.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.95.Price to Earnings Ratio vs. SectorThe P/E ratio of DT Midstream is 12.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.45.Price to Book Value per Share RatioDT Midstream has a P/B Ratio of 1.11. 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 (NYSE:DTM) StockDT 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 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 DTM Stock News HeadlinesMay 29, 2023 | seekingalpha.comDT Midstream: Asset Optimization Fostering GrowthMay 27, 2023 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Director Buys $236,750.00 in StockJune 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Receives $57.17 Consensus Price Target from BrokeragesMay 24, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for DT Midstream, Inc. Issued By US Capital Advisors (NYSE:DTM)May 23, 2023 | markets.businessinsider.comDT Midstream Incorporation Registered Shs When IssuedMay 22, 2023 | finance.yahoo.comIs DT Midstream, Inc.'s (NYSE:DTM) Stock Price Struggling As A Result Of Its Mixed Financials?May 14, 2023 | americanbankingnews.comRobert C. Skaggs, Jr. Buys 2,000 Shares of DT Midstream, Inc. (NYSE:DTM) StockJune 4, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 10, 2023 | americanbankingnews.comDavid Slater Buys 1,500 Shares of DT Midstream, Inc. (NYSE:DTM) StockMay 9, 2023 | msn.comDT Midstream (DTM) Declares $0.69 DividendMay 5, 2023 | msn.comDT Midstream declares $0.69 dividendMay 5, 2023 | finance.yahoo.com‘Load Up,’ Says Raymond James About These 2 High-Yield Dividend StocksMay 3, 2023 | msn.comRecap: DT Midstream Q1 EarningsMay 2, 2023 | msn.comMizuho Maintains DT Midstream (DTM) Buy RecommendationMay 2, 2023 | finance.yahoo.comDT Midstream Reports Strong First Quarter 2023 ResultsMay 2, 2023 | americanbankingnews.comDT Midstream (NYSE:DTM) Price Target Lowered to $58.00 at MizuhoMay 1, 2023 | msn.comEarnings Outlook For DT MidstreamApril 30, 2023 | americanbankingnews.comUS Capital Advisors Research Analysts Reduce Earnings Estimates for DT Midstream, Inc. (NYSE:DTM)April 29, 2023 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Receives $57.33 Average Target Price from AnalystsApril 28, 2023 | americanbankingnews.comMorgan Stanley Lowers DT Midstream (NYSE:DTM) Price Target to $60.00April 27, 2023 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) to Post Q1 2023 Earnings of $0.92 Per Share, US Capital Advisors ForecastsApril 26, 2023 | msn.comMorgan Stanley Maintains DT Midstream (DTM) Underweight RecommendationApril 25, 2023 | msn.comUnusual Call Option Trade in DT Midstream (DTM) Worth $66.71KApril 25, 2023 | finance.yahoo.comDT Midstream (DTM) Reports Next Week: Wall Street Expects Earnings GrowthApril 25, 2023 | americanbankingnews.comDT Midstream (DTM) to Release Quarterly Earnings on TuesdayApril 21, 2023 | americanbankingnews.comDT Midstream (NYSE:DTM) Coverage Initiated at Raymond JamesSee More Headlines DTM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTM Company Calendar Ex-Dividend for 4/15 Dividend3/17/2023Dividend Payable4/15/2023Last Earnings5/02/2023Today6/04/2023Ex-Dividend for 7/15 Dividend6/15/2023Dividend Payable7/15/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get 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/AEmployees280Year FoundedN/APrice Target and Rating Average Stock Price Forecast$57.17 High Stock Price Forecast$60.00 Low Stock Price Forecast$54.00 Forecasted Upside/Downside+19.7%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.81 Trailing P/E Ratio12.54 Forward P/E Ratio13.61 P/E GrowthN/ANet Income$370 million Net Margins40.00% Pretax Margin53.62% Return on Equity8.21% Return on Assets3.93% Debt Debt-to-Equity Ratio0.73 Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$920 million Price / Sales5.03 Cash Flow$5.65 per share Price / Cash Flow8.46 Book Value$42.99 per share Price / Book1.11Miscellaneous Outstanding Shares96,890,000Free Float96,851,000Market Cap$4.63 billion OptionableNot Optionable Beta0.76 Key ExecutivesMr. Robert C. Skaggs Jr. (Age 68)Exec. Chairman Mr. David J. Slater (Age 55)Pres, CEO & Director Comp: $1.87MMr. Jeffrey A. Jewell (Age 55)Exec. VP, CFO & Chief Accounting Officer Comp: $1.19MMr. Christopher Zona (Age 49)Exec. VP & COO Comp: $1.07MMs. Wendy A.T. Ellis (Age 56)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $794.31kMs. Melissa CoxSr. VP of Admin.Todd LohrmannDirector of Investor RelationsMore ExecutivesKey CompetitorsEnLink MidstreamNYSE:ENLCKinetikNASDAQ:KNTKAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNTransportadora de Gas del SurNYSE:TGSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 3,067 shares on 5/26/2023Ownership: 0.015%Peter I TumminelloBought 5,000 shares on 5/23/2023Total: $236,750.00 ($47.35/share)Ameriprise Financial Inc.Sold 6,849 shares on 5/22/2023Ownership: 0.146%JPMorgan Chase & Co.Bought 1,428,679 shares on 5/18/2023Ownership: 1.843%New York State Common Retirement FundBought 4,000 shares on 5/18/2023Ownership: 0.114%View All Insider TransactionsView All Institutional Transactions 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 analysts have issued twelve-month price targets for DT Midstream's stock. Their DTM share price forecasts range from $54.00 to $60.00. On average, they expect the company's share price to reach $57.17 in the next twelve months. This suggests a possible upside of 19.7% 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 the year. Since then, DTM shares have decreased by 13.6% and is now trading at $47.77. 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 May. As of May 15th, there was short interest totaling 2,930,000 shares, an increase of 16.3% from the April 30th total of 2,520,000 shares. Based on an average trading volume of 703,000 shares, the short-interest ratio is presently 4.2 days. Approximately 3.0% of the company's shares 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 Wednesday, August 2nd 2023. View our DTM earnings forecast. How were DT Midstream's earnings last quarter? DT Midstream, Inc. (NYSE:DTM) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by $0.08. The business had revenue of $220 million for the quarter, compared to analyst estimates of $238.44 million. DT Midstream had a net margin of 40.00% and a trailing twelve-month return on equity of 8.21%. During the same quarter last year, the company posted $0.84 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 Friday, May 5th. Stockholders of record on Monday, June 19th will be paid a dividend of $0.69 per share on Saturday, July 15th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.78%. The ex-dividend date of this dividend is Thursday, June 15th. 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 Timothy Plan Market Neutral ETF (TPMN), Alerian Energy Infrastructure ETF (ENFR), First Trust EIP Carbon Impact ETF (ECLN), Invesco S&P Spin-Off ETF (CSD), VanEck Energy Income ETF (EINC), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), Global X MLP & Energy Infrastructure ETF (MLPX) and USCF Midstream Energy Income Fund (UMI). 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 5.98%. 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 71.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTM. What is DT Midstream's stock symbol? DT Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTM." Who are DT Midstream's major shareholders? DT Midstream's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.21%), Mitsubishi UFJ Trust & Banking Corp (3.42%), State Street Corp (3.06%), Dimensional Fund Advisors LP (2.09%), JPMorgan Chase & Co. (1.84%) and Geode Capital Management LLC (1.74%). 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. What is DT Midstream's stock price today? One share of DTM stock can currently be purchased for approximately $47.77. How much money does DT Midstream make? DT Midstream (NYSE:DTM) has a market capitalization of $4.63 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 280 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 6/4/2023 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. 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