NYSE:DTM DT Midstream (DTM) Stock Forecast, Price & News $52.92 -0.39 (-0.73%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$52.79▼$53.5050-Day Range$50.57▼$53.8052-Week Range$45.10▼$61.12Volume647,053 shsAverage Volume721,992 shsMarket Capitalization$5.13 billionP/E Ratio13.89Dividend Yield5.22%Price Target$56.83 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media DT Midstream MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside7.4% Upside$56.83 Price TargetShort InterestBearish3.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 3 Articles This WeekInsider TradingAcquiring Shares$18,680 Bought Last QuarterProj. Earnings Growth5.59%From $3.58 to $3.78 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.1.98 out of 5 starsOils/Energy Sector170th out of 249 stocksNatural Gas Transmission Industry12th out of 18 stocks 1.1 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 $56.83, DT Midstream has a forecasted upside of 7.4% from its current price of $52.92.Amount of Analyst CoverageDT Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.39% 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 5.8.Change versus previous monthShort interest in DT Midstream has recently increased by 24.24%, 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 5.22%, 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 73.02% 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 3.2 News and Social Media Coverage News SentimentDT Midstream has a news sentiment score of 0.79. 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 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for DT Midstream this week, compared to 3 articles on an average week.Search Interest10 people have searched for DTM on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows2 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 $18,680.00 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 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 1.3 Earnings and Valuation Earnings GrowthEarnings for DT Midstream are expected to grow by 5.59% in the coming year, from $3.58 to $3.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DT Midstream is 13.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.12.Price to Earnings Ratio vs. SectorThe P/E ratio of DT Midstream is 13.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.93.Price to Book Value per Share RatioDT Midstream has a P/B Ratio of 1.23. 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 DTM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTM Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Given Consensus Recommendation of "Hold" by AnalystsSeptember 19, 2023 | markets.businessinsider.comMizuho Securities Keeps Their Buy Rating on DT Midstream (DTM)October 1, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?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.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)October 1, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)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.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 ExpansionAugust 29, 2023 | msn.comDT Midstream: New Growth Projects And A High YieldAugust 16, 2023 | finance.yahoo.comDT Midstream (NYSE:DTM) Might Be Having Difficulty Using Its Capital EffectivelyAugust 3, 2023 | insidermonkey.comDT Midstream, Inc. (NYSE:DTM) Q2 2023 Earnings Call TranscriptAugust 1, 2023 | seekingalpha.comDT Midstream Non-GAAP EPS of $0.93 beats by $0.06August 1, 2023 | finance.yahoo.comDT Midstream Reports Strong Second Quarter 2023 Results; Announces New Ohio Utica InvestmentJuly 31, 2023 | benzinga.comA Preview Of DT Midstream's EarningsJuly 23, 2023 | finance.yahoo.comA Look At The Fair Value Of DT Midstream, Inc. (NYSE:DTM)July 18, 2023 | fool.comDT Midstream (NYSE: DTM)July 18, 2023 | finance.yahoo.comDT Midstream to Announce Second Quarter 2023 Financial Results, Schedules Earnings CallJune 15, 2023 | finance.yahoo.comDTM - DT Midstream, Inc.June 10, 2023 | finance.yahoo.comDT Midstream, Inc. (NYSE:DTM) Is About To Go Ex-Dividend, And It Pays A 5.7% YieldJune 6, 2023 | finance.yahoo.comDT Midstream Publishes Annual Sustainability ReportMay 29, 2023 | seekingalpha.comDT Midstream: Asset Optimization Fostering GrowthMay 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 9, 2023 | msn.comDT Midstream (DTM) Declares $0.69 DividendSee 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 DTM Company Calendar Ex-Dividend for 7/15 Dividend6/15/2023Dividend Payable7/15/2023Last Earnings8/01/2023Ex-Dividend for 10/15 Dividend9/15/2023Today10/01/2023Dividend Payable10/15/2023Next Earnings (Estimated)10/27/2023Fiscal 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/AEmployees362Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.81 Trailing P/E Ratio13.89 Forward P/E Ratio14.78 P/E GrowthN/ANet Income$370 million Net Margins40.13% Pretax Margin53.47% Return on Equity8.44% Return on Assets4.02% Debt Debt-to-Equity Ratio0.73 Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$920 million Price / Sales5.57 Cash Flow$5.46 per share Price / Cash Flow9.70 Book Value$42.94 per share Price / Book1.23Miscellaneous Outstanding Shares96,900,000Free Float96,863,000Market Cap$5.13 billion OptionableNot Optionable Beta0.82 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. David J. Slater (Age 56)Pres, CEO & Director Comp: $2.54MMr. Jeffrey A. Jewell (Age 56)Exec. VP, CFO & Chief Accounting Officer Comp: $1.4MMr. Christopher Zona (Age 50)Exec. VP & COO Comp: $1.35MMs. Melissa Cox (Age 53)Sr. VP of Admin. Comp: $605.97kMs. Wendy A.T. Ellis (Age 57)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $952.9kMr. Robert C. Skaggs Jr. (Age 69)Chairman Todd LohrmannDirector of Investor RelationsMore ExecutivesKey CompetitorsKinetikNASDAQ:KNTKAntero MidstreamNYSE:AMEnLink MidstreamNYSE:ENLCEquitrans MidstreamNYSE:ETRNUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsCooperman Leon GBought 300,000 shares on 8/30/2023Ownership: 0.310%Comerica BankBought 772 shares on 8/22/2023Ownership: 0.001%California State Teachers Retirement SystemSold 3,454 shares on 8/21/2023Ownership: 0.122%Osaic Holdings Inc.Sold 1,328 shares on 8/21/2023Ownership: 0.025%Teachers Retirement System of The State of KentuckyBought 1,593 shares on 8/21/2023Ownership: 0.018%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 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. 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). 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 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. 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