DT Midstream (NYSE:DTM) Issues FY 2025 Earnings Guidance

DT Midstream (NYSE:DTM) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.050-4.450 for the period, compared to the consensus EPS estimate of 4.490. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Raymond James increased their target price on DT Midstream from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Citigroup raised DT Midstream from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $115.00 in a research note on Thursday, November 21st. JPMorgan Chase & Co. raised their price objective on DT Midstream from $109.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Stifel Nicolaus dropped their price objective on DT Midstream from $106.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Barclays began coverage on DT Midstream in a research note on Friday, January 10th. They issued an “equal weight” rating and a $112.00 price objective for the company. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $101.11.

DT Midstream Trading Up 3.5 %

DT Midstream stock traded up $3.28 during midday trading on Friday, reaching $96.21. The stock had a trading volume of 499,152 shares, compared to its average volume of 967,677. DT Midstream has a twelve month low of $57.12 and a twelve month high of $114.50. The stock has a market capitalization of $9.35 billion, a PE ratio of 23.30 and a beta of 0.79. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.95 and a current ratio of 0.95. The stock’s 50-day simple moving average is $102.73 and its 200 day simple moving average is $92.95.

DT Midstream Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 17th will be given a $0.82 dividend. The ex-dividend date is Monday, March 17th. This is a positive change from DT Midstream’s previous quarterly dividend of $0.74. This represents a $3.28 annualized dividend and a yield of 3.41%. DT Midstream’s dividend payout ratio (DPR) is 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.