DT Midstream (NYSE:DTM – Get Rating) is one of 39 public companies in the “Natural gas transmission” industry, but how does it weigh in compared to its competitors? We will compare DT Midstream to related companies based on the strength of its profitability, valuation, analyst recommendations, risk, dividends, earnings and institutional ownership.
Insider & Institutional Ownership
76.7% of DT Midstream shares are owned by institutional investors. Comparatively, 47.4% of shares of all “Natural gas transmission” companies are owned by institutional investors. 6.4% of shares of all “Natural gas transmission” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This table compares DT Midstream and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|DT Midstream Competitors||13.71%||8.63%||3.92%|
Valuation and Earnings
This table compares DT Midstream and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|DT Midstream||$840.00 million||$307.00 million||17.95|
|DT Midstream Competitors||$7.44 billion||$645.47 million||24.47|
DT Midstream’s competitors have higher revenue and earnings than DT Midstream. DT Midstream is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of current recommendations and price targets for DT Midstream and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|DT Midstream Competitors||481||2405||2965||143||2.46|
DT Midstream presently has a consensus price target of $56.86, indicating a potential downside of 1.01%. As a group, “Natural gas transmission” companies have a potential upside of 2.37%. Given DT Midstream’s competitors stronger consensus rating and higher possible upside, analysts plainly believe DT Midstream has less favorable growth aspects than its competitors.
DT Midstream pays an annual dividend of $2.56 per share and has a dividend yield of 4.5%. DT Midstream pays out 80.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Natural gas transmission” companies pay a dividend yield of 6.4% and pay out 128.3% of their earnings in the form of a dividend.
DT Midstream competitors beat DT Midstream on 9 of the 14 factors compared.
DT Midstream Company Profile (Get Rating)
DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
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