DT Midstream (NYSE:DTM) Issues FY 2026 Earnings Guidance

DT Midstream (NYSE:DTMGet Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.420-4.820 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DTM shares. Citigroup boosted their price target on DT Midstream from $156.00 to $169.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Morgan Stanley raised their price objective on DT Midstream from $165.00 to $170.00 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. Jefferies Financial Group raised their target price on DT Midstream from $164.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Scotiabank initiated coverage on shares of DT Midstream in a report on Tuesday, May 26th. They set an “outperform” rating and a $176.00 price target for the company. Finally, JPMorgan Chase & Co. upped their target price on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.69.

Check Out Our Latest Stock Analysis on DTM

DT Midstream Price Performance

Shares of NYSE DTM opened at $135.79 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.26 and a current ratio of 1.26. DT Midstream has a fifty-two week low of $99.81 and a fifty-two week high of $152.88. The stock has a market cap of $13.85 billion, a PE ratio of 30.04, a price-to-earnings-growth ratio of 3.00 and a beta of 0.71. The stock has a fifty day moving average of $144.30 and a 200-day moving average of $137.67.

DT Midstream (NYSE:DTMGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.16. DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.The firm had revenue of $336.00 million for the quarter, compared to analysts’ expectations of $313.65 million. During the same period in the prior year, the business posted $1.06 earnings per share. Equities research analysts anticipate that DT Midstream will post 4.77 earnings per share for the current year.

Hedge Funds Weigh In On DT Midstream

A number of large investors have recently modified their holdings of the company. WFA of San Diego LLC purchased a new stake in DT Midstream during the second quarter valued at about $33,000. Geneos Wealth Management Inc. boosted its holdings in DT Midstream by 39.3% in the first quarter. Geneos Wealth Management Inc. now owns 436 shares of the company’s stock valued at $42,000 after acquiring an additional 123 shares in the last quarter. Lazard Asset Management LLC increased its position in DT Midstream by 36.5% during the 2nd quarter. Lazard Asset Management LLC now owns 621 shares of the company’s stock valued at $68,000 after purchasing an additional 166 shares during the period. Larson Financial Group LLC raised its holdings in DT Midstream by 20.7% in the 3rd quarter. Larson Financial Group LLC now owns 997 shares of the company’s stock worth $113,000 after purchasing an additional 171 shares in the last quarter. Finally, Virtus Investment Advisers LLC bought a new position in DT Midstream in the 4th quarter worth $163,000. 81.53% of the stock is owned by hedge funds and other institutional investors.

About DT Midstream

(Get Free Report)

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.

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

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