Scotiabank Estimates DT Midstream FY2026 Earnings

DT Midstream, Inc. (NYSE:DTM) – Analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for DT Midstream in a research report issued to clients and investors on Friday, May 29th. Scotiabank analyst B. Bingham forecasts that the company will post earnings per share of $4.84 for the year. Scotiabank has a “Outperform” rating and a $176.00 price objective on the stock. The consensus estimate for DT Midstream’s current full-year earnings is $4.70 per share. Scotiabank also issued estimates for DT Midstream’s FY2027 earnings at $5.23 EPS.

DT Midstream (NYSE:DTM) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.27 EPS 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 company had revenue of $336.00 million for the quarter, compared to analyst estimates of $313.65 million. During the same period last year, the company posted $1.06 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS.

Other research analysts have also issued reports about the company. Stifel Nicolaus set a $137.00 price objective on DT Midstream and gave the company a “hold” rating in a research report on Monday, February 23rd. Weiss Ratings lowered DT Midstream from a “buy (a)” rating to a “buy (a-)” rating in a research report on Wednesday, May 20th. UBS Group lifted their target price on DT Midstream from $152.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Mizuho lifted their target price on DT Midstream from $129.00 to $153.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen raised DT Midstream from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $154.46.

DT Midstream Trading Down 1.0%

NYSE:DTM opened at $138.53 on Tuesday. The business’s 50-day moving average is $139.50 and its two-hundred day moving average is $130.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.26 and a quick ratio of 1.26. DT Midstream has a 12 month low of $98.06 and a 12 month high of $152.88. The firm has a market capitalization of $14.13 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72.

Hedge Funds Weigh In On DT Midstream

Hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in DT Midstream in the fourth quarter worth about $28,000. Richardson Financial Services Inc. grew its stake in DT Midstream by 62.7% in the fourth quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock worth $29,000 after purchasing an additional 94 shares in the last quarter. Centerpoint Advisors LLC grew its stake in DT Midstream by 198.9% in the third quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock worth $30,000 after purchasing an additional 179 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in DT Midstream in the fourth quarter worth about $30,000. Finally, Western Wealth Management LLC acquired a new position in DT Midstream in the first quarter worth about $32,000. 81.53% of the stock is currently owned by institutional investors and hedge funds.

DT Midstream Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, June 15th. DT Midstream’s dividend payout ratio (DPR) is 77.88%.

DT Midstream Company Profile

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.