NYSE:DTM DT Midstream (DTM) Stock Price, News & Analysis → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad) Free DTM Stock Alerts $65.42 +0.11 (+0.17%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$64.85▼$65.7650-Day Range$57.56▼$65.3052-Week Range$45.20▼$65.75Volume504,119 shsAverage Volume687,462 shsMarket Capitalization$6.35 billionP/E Ratio15.96Dividend Yield4.49%Price Target$61.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get DT Midstream alerts: Email Address DT Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside6.0% Downside$61.50 Price TargetShort InterestHealthy3.14% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 11 Articles This WeekInsider TradingAcquiring Shares$81,990 Bought Last QuarterProj. Earnings Growth11.20%From $3.93 to $4.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.04 out of 5 starsOils/Energy Sector77th out of 242 stocksNatural Gas Transmission Industry6th out of 19 stocks 2.1 Analyst's Opinion Consensus RatingDT Midstream has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageDT Midstream has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about DT Midstream's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.14% of the float of DT Midstream has been sold short.Short Interest Ratio / Days to CoverDT Midstream has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in DT Midstream has recently decreased by 5.59%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDT Midstream is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDT Midstream has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of DT Midstream is 71.71%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DT Midstream will have a dividend payout ratio of 67.28% next year. This indicates that DT Midstream will be able to sustain or increase its dividend.Read more about DT Midstream's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DTM. Previous Next 3.1 News and Social Media Coverage News SentimentDT Midstream has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for DT Midstream this week, compared to 4 articles on an average week.Search Interest7 people have searched for DTM on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added DT Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DT Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $81,990.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.21% of the stock of DT Midstream is held by insiders.Percentage Held by Institutions81.53% of the stock of DT Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about DT Midstream's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DT Midstream are expected to grow by 11.20% in the coming year, from $3.93 to $4.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DT Midstream is 15.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.69.Price to Earnings Ratio vs. SectorThe P/E ratio of DT Midstream is 15.96, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.17.Price to Book Value per Share RatioDT Midstream has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about DT Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About DT Midstream Stock (NYSE:DTM)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. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and provision of associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. 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.Read More DTM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTM Stock News HeadlinesMay 8, 2024 | insidertrades.comDT Midstream, Inc. (NYSE:DTM) CFO Buys $25,120.00 in StockMay 9, 2024 | americanbankingnews.comDT Midstream (NYSE:DTM) Hits New 12-Month High After Insider Buying ActivityMay 10, 2024 | Stansberry Research (Ad)Do This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).May 5, 2024 | americanbankingnews.comDT Midstream, Inc. (NYSE:DTM) Given Consensus Recommendation of "Hold" by BrokeragesMay 4, 2024 | americanbankingnews.comStifel Nicolaus Boosts DT Midstream (NYSE:DTM) Price Target to $70.00May 3, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on DT Midstream (DTM)May 3, 2024 | americanbankingnews.comFY2024 Earnings Estimate for DT Midstream, Inc. (NYSE:DTM) Issued By US Capital AdvisorsMay 2, 2024 | finance.yahoo.comDo DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?May 10, 2024 | Stansberry Research (Ad)Do This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).May 2, 2024 | americanbankingnews.comDT Midstream (NYSE:DTM) Downgraded by US Capital AdvisorsMay 2, 2024 | americanbankingnews.comUS Capital Advisors Weighs in on DT Midstream, Inc.'s FY2026 Earnings (NYSE:DTM)May 1, 2024 | finance.yahoo.comDT Midstream, Inc. (NYSE:DTM) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comDT Midstream Inc (DTM) Q1 2024 Earnings Call Transcript Highlights: Financial Growth and ...May 1, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | americanbankingnews.comDT Midstream (NYSE:DTM) PT Raised to $65.00April 30, 2024 | seekingalpha.comDT Midstream, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comDTM Stock Earnings: DT Midstream Beats EPS, Beats Revenue for Q4 2023April 30, 2024 | finance.yahoo.comDT Midstream Inc (DTM) Surpasses Analyst Expectations in Q1 2024 EarningsApril 30, 2024 | msn.comDT Midstream declares $0.735 dividendApril 30, 2024 | globenewswire.comDT Midstream Reports Strong First Quarter 2024 ResultsApril 29, 2024 | msn.comDT Midstream Q1 2024 Earnings PreviewApril 26, 2024 | markets.businessinsider.comWhat Wall Street expects from Franks International's earningsApril 22, 2024 | seekingalpha.comDT Midstream: Getting More ExpensiveApril 16, 2024 | markets.businessinsider.comJ.P. Morgan Keeps Their Hold Rating on DT Midstream (DTM)April 16, 2024 | globenewswire.comDT Midstream to Announce First Quarter 2024 Financial Results, Schedules Earnings CallApril 10, 2024 | msn.comDT Midstream wins Louisiana court ruling in pipeline dispute with Energy TransferSee More Headlines Receive DTM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DT Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend3/15/2024Dividend Payable4/15/2024Last Earnings4/30/2024Today5/10/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:DTM CUSIPN/A CIK1842022 Webwww.dtmidstream.com Phone313-402-8532FaxN/AEmployees402Year FoundedN/APrice Target and Rating Average Stock Price Target$61.50 High Stock Price Target$70.00 Low Stock Price Target$53.00 Potential Upside/Downside-6.0%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.10 Trailing P/E Ratio15.96 Forward P/E Ratio16.65 P/E GrowthN/ANet Income$384 million Net Margins42.46% Pretax Margin53.93% Return on Equity9.41% Return on Assets4.50% Debt Debt-to-Equity Ratio0.71 Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$922 million Price / Sales6.89 Cash Flow$6.26 per share Price / Cash Flow10.45 Book Value$44.14 per share Price / Book1.48Miscellaneous Outstanding Shares97,110,000Free Float96,905,000Market Cap$6.35 billion OptionableNot Optionable Beta0.72 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Robert C. Skaggs Jr. (Age 70)Chairman Comp: $100kMr. David J. Slater (Age 57)President, CEO & Director Comp: $2.56MMr. Jeffrey A. Jewell (Age 57)Executive VP, CFO & Chief Accounting Officer Comp: $1.29MMr. Christopher Zona (Age 51)Executive VP & COO Comp: $1.47MMs. Melissa Cox (Age 54)Executive VP & Chief Administrative Officer Comp: $708.55kMs. Wendy A.T. Ellis (Age 58)Executive VP, General Counsel & Corporate Secretary Comp: $996.32kTodd LohrmannDirector of Investor RelationsMore ExecutivesKey CompetitorsKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCEquitrans MidstreamNYSE:ETRNAntero MidstreamNYSE:AMArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 62,880 shares on 5/10/2024Ownership: 10.489%Mitsubishi UFJ Trust & Banking CorpBought 37,463 shares on 5/10/2024Ownership: 2.430%Prevail Innovative Wealth Advisors LLCBought 10,418 shares on 5/10/2024Ownership: 0.039%State Board of Administration of Florida Retirement SystemBought 3,522 shares on 5/9/2024Ownership: 0.111%Blair William & Co. ILBought 243 shares on 5/9/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions DTM Stock Analysis - Frequently Asked Questions Should I buy or sell DT Midstream stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DT Midstream in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DTM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DTM, but not buy additional shares or sell existing shares. View DTM analyst ratings or view top-rated stocks. What is DT Midstream's stock price target for 2024? 9 Wall Street analysts have issued 12 month price objectives for DT Midstream's stock. Their DTM share price targets range from $53.00 to $70.00. On average, they anticipate the company's share price to reach $61.50 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View analysts price targets for DTM or view top-rated stocks among Wall Street analysts. How have DTM shares performed in 2024? DT Midstream's stock was trading at $54.80 at the start of the year. Since then, DTM shares have increased by 19.4% and is now trading at $65.42. View the best growth stocks for 2024 here. Are investors shorting DT Midstream? DT Midstream saw a decrease in short interest in April. As of April 30th, there was short interest totaling 3,040,000 shares, a decrease of 5.6% from the April 15th total of 3,220,000 shares. Based on an average daily trading volume, of 705,200 shares, the days-to-cover ratio is currently 4.3 days. Currently, 3.1% of the shares of the company are short sold. View DT Midstream's Short Interest. When is DT Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our DTM earnings forecast. How were DT Midstream's earnings last quarter? DT Midstream, Inc. (NYSE:DTM) released its earnings results on Tuesday, April, 30th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.04. The business earned $240 million during the quarter, compared to analyst estimates of $242.62 million. DT Midstream had a net margin of 42.46% and a trailing twelve-month return on equity of 9.41%. During the same quarter last year, the company posted $0.84 EPS. How often does DT Midstream pay dividends? What is the dividend yield for DT Midstream? DT Midstream announced a quarterly dividend on Tuesday, April 30th. Shareholders of record on Monday, June 17th will be given a dividend of $0.735 per share on Monday, July 15th. This represents a $2.94 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for DTM. Is DT Midstream a good dividend stock? DT Midstream (NYSE:DTM) pays an annual dividend of $2.94 per share and currently has a dividend yield of 4.67%. DTM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTM will have a dividend payout ratio of 67.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTM. What ETFs hold DT Midstream's stock? ETFs with the largest weight of DT Midstream (NYSE:DTM) stock in their portfolio include First Trust EIP Carbon Impact ETF (ECLN), Alerian Energy Infrastructure ETF (ENFR), VanEck Energy Income ETF (EINC), Invesco S&P Spin-Off ETF (CSD), USCF Midstream Energy Income Fund (UMI), First Trust North American Energy Infrastructure Fund (EMLP), Global X MLP & Energy Infrastructure ETF (MLPX) and Pacer American Energy Independence ETF (USAI). Who are DT Midstream's major shareholders? DT Midstream's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.49%), Mitsubishi UFJ Trust & Banking Corp (2.43%), Reaves W H & Co. Inc. (0.95%), Mirae Asset Global Investments Co. Ltd. (0.83%), Kayne Anderson Capital Advisors LP (0.74%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.72%). Insiders that own company stock include David Slater, Jeffrey A Jewell, Peter I Tumminello and Robert C Skaggs Jr. View institutional ownership trends. How do I buy shares of DT Midstream? Shares of DTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DTM) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap ProfitsMissed NVDA? 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