US Capital Advisors Predicts DT Midstream Q3 Earnings

DT Midstream, Inc. (NYSE:DTMFree Report) – Research analysts at US Capital Advisors issued their Q3 2027 EPS estimates for shares of DT Midstream in a note issued to investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker forecasts that the company will post earnings of $1.19 per share for the quarter. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share. US Capital Advisors also issued estimates for DT Midstream’s FY2028 earnings at $5.33 EPS.

DT Midstream (NYSE:DTMGet Free Report) last issued its earnings results on Thursday, February 19th. The company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.03). DT Midstream had a return on equity of 9.13% and a net margin of 35.48%.The firm had revenue of $317.00 million during the quarter, compared to analysts’ expectations of $320.07 million. During the same period last year, the business posted $0.94 earnings per share.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. lifted their price objective on DT Midstream from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Bank of America increased their target price on shares of DT Midstream from $118.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Morgan Stanley raised their price target on shares of DT Midstream from $137.00 to $139.00 and gave the company an “underweight” rating in a report on Tuesday, February 10th. Stifel Nicolaus set a $137.00 price target on shares of DT Midstream and gave the company a “hold” rating in a research report on Monday, February 23rd. Finally, Jefferies Financial Group set a $148.00 price objective on shares of DT Midstream and gave the stock a “buy” rating in a research note on Friday, February 20th. Six analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $144.10.

Get Our Latest Report on DT Midstream

DT Midstream Price Performance

DTM stock opened at $137.29 on Wednesday. The company has a market cap of $13.97 billion, a PE ratio of 31.85, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $132.38 and a two-hundred day moving average price of $120.58. DT Midstream has a 12-month low of $83.30 and a 12-month high of $143.67.

DT Midstream Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from DT Midstream’s previous quarterly dividend of $0.82. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.6%. DT Midstream’s dividend payout ratio is 81.67%.

Insider Activity

In related news, CFO Jeffrey A. Jewell purchased 185 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were purchased at an average cost of $136.33 per share, with a total value of $25,221.05. Following the completion of the acquisition, the chief financial officer directly owned 89,583 shares of the company’s stock, valued at approximately $12,212,850.39. The trade was a 0.21% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On DT Midstream

Institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new stake in DT Midstream in the fourth quarter valued at about $28,000. Richardson Financial Services Inc. grew its position in shares of 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 acquiring an additional 94 shares in the last quarter. Mather Group LLC. bought a new stake in shares of DT Midstream in the 3rd quarter valued at approximately $30,000. Centerpoint Advisors LLC increased its holdings in shares of DT Midstream by 198.9% in the 3rd quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock valued at $30,000 after acquiring an additional 179 shares during the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of DT Midstream during the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 81.53% of the company’s stock.

About DT Midstream

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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.

See Also

Earnings History and Estimates for DT Midstream (NYSE:DTM)

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