Q1 EPS Estimates for DT Midstream Cut by US Capital Advisors

DT Midstream, Inc. (NYSE:DTM - Free Report) - Analysts at US Capital Advisors lowered their Q1 2025 EPS estimates for DT Midstream in a report released on Monday, October 28th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $0.97 per share for the quarter, down from their previous estimate of $1.00. The consensus estimate for DT Midstream's current full-year earnings is $3.99 per share. US Capital Advisors also issued estimates for DT Midstream's Q2 2025 earnings at $0.99 EPS, FY2025 earnings at $4.10 EPS and FY2026 earnings at $4.48 EPS.

DTM has been the subject of several other reports. Stifel Nicolaus cut shares of DT Midstream from a "buy" rating to a "hold" rating and raised their target price for the stock from $78.00 to $89.00 in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of DT Midstream from $78.00 to $83.00 and gave the stock a "neutral" rating in a research report on Friday, October 4th. Barclays increased their target price on DT Midstream from $76.00 to $85.00 and gave the company an "overweight" rating in a report on Thursday, October 3rd. Wells Fargo & Company raised their target price on DT Midstream from $77.00 to $87.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 31st. Finally, Morgan Stanley upped their price target on DT Midstream from $82.00 to $92.00 and gave the company an "underweight" rating in a research report on Friday, October 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $78.75.

DT Midstream Trading Up 1.8 %

Shares of NYSE:DTM traded up $1.64 during midday trading on Wednesday, reaching $90.94. The company had a trading volume of 1,080,804 shares, compared to its average volume of 641,333. The company has a fifty day simple moving average of $80.52 and a two-hundred day simple moving average of $72.95. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 22.23 and a beta of 0.74. DT Midstream has a 1-year low of $51.17 and a 1-year high of $91.50.

DT Midstream (NYSE:DTM - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.95 by ($0.05). DT Midstream had a return on equity of 9.45% and a net margin of 42.10%. The company had revenue of $248.00 million during the quarter, compared to analyst estimates of $242.64 million. During the same quarter in the previous year, the firm earned $0.94 earnings per share.

Institutional Investors Weigh In On DT Midstream

A number of hedge funds and other institutional investors have recently made changes to their positions in DTM. UMB Bank n.a. lifted its stake in DT Midstream by 324.3% in the third quarter. UMB Bank n.a. now owns 314 shares of the company's stock valued at $25,000 after acquiring an additional 240 shares during the last quarter. Family Firm Inc. bought a new stake in DT Midstream in the second quarter worth $26,000. V Square Quantitative Management LLC acquired a new position in DT Midstream during the third quarter worth $29,000. First Command Advisory Services Inc. acquired a new position in DT Midstream during the second quarter worth $31,000. Finally, American National Bank raised its holdings in DT Midstream by 100.0% during the second quarter. American National Bank now owns 468 shares of the company's stock valued at $33,000 after buying an additional 234 shares in the last quarter. 81.53% of the stock is owned by hedge funds and other institutional investors.

DT Midstream Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, December 16th will be paid a $0.735 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $2.94 dividend on an annualized basis and a yield of 3.23%. DT Midstream's dividend payout ratio (DPR) is currently 71.53%.

About DT Midstream

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.