Analysts Issue Forecasts for DT Midstream FY2026 Earnings

DT Midstream, Inc. (NYSE:DTM) – Equities researchers at Scotiabank dropped their FY2026 earnings estimates for DT Midstream in a note issued to investors on Thursday, September 10th. Scotiabank analyst B. Bingham now anticipates that the company will post earnings per share of $4.76 for the year, down from their prior estimate of $4.84. Scotiabank has a “Sector Outperform” rating and a $168.00 price objective on the stock. The consensus estimate for DT Midstream’s current full-year earnings is $4.59 per share. Scotiabank also issued estimates for DT Midstream’s FY2027 earnings at $5.13 EPS.

DT Midstream (NYSE:DTM) last posted its earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). DT Midstream had a net margin of 35.72% and a return on equity of 9.58%. The company had revenue of $332.57 million during the quarter, compared to analysts’ expectations of $325.84 million. During the same period last year, the business earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS.

A number of other research analysts also recently issued reports on DTM. Morgan Stanley upgraded DT Midstream from an “equal weight” rating to an “overweight” rating and set a $170.00 price target on the stock in a research note on Wednesday, September 9th. JPMorgan Chase & Co. increased their price objective on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Mizuho lowered their target price on shares of DT Midstream from $153.00 to $147.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Wolfe Research raised shares of DT Midstream from a “peer perform” rating to an “outperform” rating and set a $145.00 target price on the stock in a report on Wednesday, August 26th. Finally, Weiss Ratings cut shares of DT Midstream from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, August 21st. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $152.86.

DT Midstream Stock Down 1.3%

DTM opened at $127.20 on Monday. DT Midstream has a one year low of $104.25 and a one year high of $152.88. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.37 and a current ratio of 1.37. The stock has a market capitalization of $12.98 billion, a P/E ratio of 27.83, a price-to-earnings-growth ratio of 3.59 and a beta of 0.70. The business’s 50-day simple moving average is $136.08 and its 200-day simple moving average is $138.96.

DT Midstream Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued a $0.88 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.8%. DT Midstream’s payout ratio is presently 77.02%.

Institutional Investors Weigh In On DT Midstream

Several hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in DT Midstream in the first quarter valued at $32,000. Continuum Advisory LLC purchased a new position in DT Midstream in the 2nd quarter valued at about $36,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of DT Midstream during the 4th quarter worth about $30,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of DT Midstream during the 4th quarter worth about $36,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of DT Midstream during the first quarter worth about $41,000. 81.53% of the stock is owned by institutional investors and hedge funds.

DT Midstream Company Profile

DT Midstream, Inc (NYSE: DTM) is an independent energy infrastructure company that develops, owns and operates natural gas transportation, storage and gathering assets. Its business is primarily supported by long-term, fee-based agreements that connect natural gas producers, utilities, power generators and other customers to major markets.

The company’s operations include interstate and intrastate pipeline systems, natural gas gathering networks and storage facilities. Its portfolio includes assets such as the Blue Union and Guardian pipeline systems, Midwestern Gas Transmission, and other infrastructure serving production and consumption areas in the Midwestern and Southern United States, including the Gulf Coast and Haynesville region.