DT Midstream (NYSE:DTM – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.420-4.820 for the period, compared to the consensus estimate of 4.780. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
DTM has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of DT Midstream from $146.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Raymond James Financial reiterated an “outperform” rating and set a $158.00 price target on shares of DT Midstream in a research report on Thursday, April 30th. Mizuho reduced their target price on DT Midstream from $153.00 to $147.00 and set a “neutral” rating for the company in a research note on Friday. UBS Group lifted their price target on shares of DT Midstream from $152.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Barclays lifted their target price on shares of DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, DT Midstream presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.08.
Get Our Latest Analysis on DT Midstream
DT Midstream Trading Up 0.5%
DT Midstream (NYSE:DTM – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). The business had revenue of $332.57 million during the quarter, compared to analyst estimates of $325.84 million. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. During the same quarter in the prior year, the business earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, equities analysts predict that DT Midstream will post 4.77 EPS for the current year.
DT Midstream Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, September 21st. DT Midstream’s dividend payout ratio is currently 77.88%.
DT Midstream News Roundup
Here are the key news stories impacting DT Midstream this week:
- Positive Sentiment: DT Midstream reported second-quarter adjusted EBITDA of $305 million and revenue of $332.57 million, exceeding analysts’ $325.84 million estimate. Net income was $112 million, or $1.09 per diluted share. DT Midstream Reports Strong Second Quarter 2026 Results
- Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, equivalent to $3.52 annually and a stated yield of approximately 2.6%. The dividend supports DT Midstream’s income appeal and signals continued confidence in cash-flow generation.
- Positive Sentiment: US Capital Advisors modestly raised its EPS forecasts for fiscal 2027 to $5.24 from $5.23 and fiscal 2028 to $5.55 from $5.50, suggesting expectations for continued earnings growth.
- Neutral Sentiment: Management characterized the second-quarter results as strong, while the earnings presentation and conference call are likely to draw investor attention to operating trends, expansion projects and future growth prospects. DT Midstream 2026 Q2 Results Earnings Call Presentation
- Negative Sentiment: Second-quarter EPS of $1.09 fell short of the $1.17 consensus estimate by $0.08, despite improving from $1.04 in the prior-year period. The miss may limit upside for the stock in the near term.
- Negative Sentiment: DT Midstream issued fiscal 2026 EPS guidance of $4.42 to $4.82. Although the midpoint is consistent with the company’s broader growth outlook, it is below the approximately $4.78-$4.80 analyst consensus midpoint, indicating a potentially cautious outlook.
Institutional Investors Weigh In On DT Midstream
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. ExodusPoint Capital Management LP acquired a new stake in shares of DT Midstream during the fourth quarter worth about $957,000. VestGen Investment Management boosted its position in shares of DT Midstream by 1.2% in the 4th quarter. VestGen Investment Management now owns 7,698 shares of the company’s stock valued at $921,000 after purchasing an additional 94 shares during the period. Kestra Advisory Services LLC boosted its position in shares of DT Midstream by 7.5% in the 4th quarter. Kestra Advisory Services LLC now owns 7,688 shares of the company’s stock valued at $920,000 after purchasing an additional 538 shares during the period. Dark Forest Capital Management LP purchased a new position in DT Midstream during the 3rd quarter worth approximately $781,000. Finally, Blair William & Co. IL grew its stake in DT Midstream by 3.6% during the 3rd quarter. Blair William & Co. IL now owns 6,806 shares of the company’s stock worth $769,000 after buying an additional 238 shares during the last quarter. 81.53% of the stock is currently owned by institutional investors and hedge funds.
About DT Midstream
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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