DT Midstream, Inc. (NYSE:DTM) Receives $152.67 Consensus Price Target from Analysts

DT Midstream, Inc. (NYSE:DTM) has received an average recommendation of “Moderate Buy” from the fourteen research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $154.4615.

A number of equities analysts have issued reports on the company. Stifel Nicolaus set a $137.00 price target on DT Midstream and gave the company a “hold” rating in a research note on Monday, February 23rd. Wells Fargo & Company lifted their price target on DT Midstream from $150.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Weiss Ratings downgraded DT Midstream from a “buy (a)” rating to a “buy (a-)” rating in a research note on Wednesday, May 20th. Barclays lifted their price target on DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $166.00 price target on shares of DT Midstream in a research note on Friday, May 1st.

Institutional Investors Weigh In On DT Midstream

Institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in DT Midstream in the 4th quarter worth about $28,000. Western Wealth Management LLC bought a new stake in DT Midstream in the 1st quarter worth about $32,000. Richardson Financial Services Inc. grew its position in DT Midstream by 62.7% in the 4th quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock worth $29,000 after purchasing an additional 94 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in DT Midstream in the 4th quarter worth about $30,000. Finally, Centerpoint Advisors LLC grew its position in DT Midstream by 198.9% in the 3rd quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock worth $30,000 after purchasing an additional 179 shares in the last quarter. 81.53% of the stock is owned by institutional investors.

DT Midstream Trading Down 2.2%

DTM opened at $140.02 on Monday. DT Midstream has a 1-year low of $98.06 and a 1-year high of $152.88. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.68. The company has a market cap of $14.28 billion, a P/E ratio of 30.98, a price-to-earnings-growth ratio of 3.15 and a beta of 0.75. The company has a fifty day moving average price of $139.49 and a two-hundred day moving average price of $129.95.

DT Midstream (NYSE:DTM) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.16. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. The firm had revenue of $336.00 million during the quarter, compared to the consensus estimate of $313.65 million. During the same period in the previous year, the firm posted $1.06 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Analysts predict that DT Midstream will post 4.7 EPS for the current fiscal year.

DT Midstream Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. DT Midstream’s dividend payout ratio is presently 77.88%.

About DT Midstream

DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.