Analysts Offer Predictions for DT Midstream FY2027 Earnings

DT Midstream, Inc. (NYSE:DTM) – Equities researchers at US Capital Advisors upped their FY2027 earnings estimates for DT Midstream in a report released on Monday, July 28th. US Capital Advisors analyst J. Carreker now expects that the company will earn $5.04 per share for the year, up from their previous forecast of $5.03. US Capital Advisors has a “Hold” rating on the stock. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share.

Other analysts have also issued reports about the stock. Morgan Stanley set a $115.00 target price on shares of DT Midstream and gave the stock an “underweight” rating in a report on Tuesday, June 3rd. Barclays increased their target price on shares of DT Midstream from $102.00 to $103.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $109.27.

DT Midstream Stock Performance

DT Midstream stock opened at $101.41 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average of $104.56 and a 200-day moving average of $100.83. The firm has a market cap of $10.30 billion, a P/E ratio of 27.63, a P/E/G ratio of 1.82 and a beta of 0.78. DT Midstream has a 1-year low of $69.82 and a 1-year high of $114.50.

DT Midstream (NYSE:DTM) last posted its earnings results on Wednesday, April 30th. The company reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.01). The firm had revenue of $288.81 million for the quarter, compared to analysts’ expectations of $285.48 million. DT Midstream had a return on equity of 8.46% and a net margin of 34.96%. During the same quarter in the prior year, the company posted $0.99 earnings per share.

Hedge Funds Weigh In On DT Midstream

A number of institutional investors have recently bought and sold shares of DTM. American Century Companies Inc. raised its stake in DT Midstream by 3.5% in the fourth quarter. American Century Companies Inc. now owns 48,837 shares of the company’s stock worth $4,856,000 after buying an additional 1,666 shares in the last quarter. Sei Investments Co. raised its stake in DT Midstream by 0.6% in the fourth quarter. Sei Investments Co. now owns 66,539 shares of the company’s stock worth $6,616,000 after buying an additional 422 shares in the last quarter. LPL Financial LLC raised its stake in DT Midstream by 23.9% in the fourth quarter. LPL Financial LLC now owns 81,602 shares of the company’s stock worth $8,114,000 after buying an additional 15,733 shares in the last quarter. Blair William & Co. IL raised its stake in DT Midstream by 6.9% in the fourth quarter. Blair William & Co. IL now owns 6,515 shares of the company’s stock worth $648,000 after buying an additional 420 shares in the last quarter. Finally, Norges Bank bought a new position in DT Midstream in the fourth quarter worth about $119,520,000. 81.53% of the stock is owned by institutional investors.

DT Midstream Company Profile

DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.