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

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

DT Midstream Trading Down 1.3 %

Shares of DT Midstream stock traded down $1.28 on Wednesday, reaching $94.52. The company had a trading volume of 2,810,439 shares, compared to its average volume of 968,004. The firm’s 50 day moving average price is $102.84 and its two-hundred day moving average price is $92.94. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.95 and a current ratio of 0.95. DT Midstream has a 52-week low of $56.15 and a 52-week high of $114.50. The firm has a market cap of $9.18 billion, a PE ratio of 23.00 and a beta of 0.79.

DT Midstream (NYSE:DTM) last announced its earnings results on Wednesday, February 26th. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.03. DT Midstream had a return on equity of 9.31% and a net margin of 41.19%. Sell-side analysts predict that DT Midstream will post 3.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DTM. Raymond James increased their price objective on DT Midstream from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. JPMorgan Chase & Co. increased their target price on shares of DT Midstream from $109.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Stifel Nicolaus raised DT Midstream from a “hold” rating to a “buy” rating and raised their price objective for the stock from $89.00 to $106.00 in a report on Thursday, December 19th. The Goldman Sachs Group boosted their target price on DT Midstream from $74.00 to $94.00 and gave the company a “sell” rating in a report on Thursday, December 19th. Finally, Barclays started coverage on DT Midstream in a research note on Friday, January 10th. They set an “equal weight” rating and a $112.00 price target on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $101.56.

DT Midstream Company Profile

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.