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

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Stifel Nicolaus raised DT Midstream from a “hold” rating to a “buy” rating and increased their target price for the company from $89.00 to $106.00 in a research report on Thursday, December 19th. The Goldman Sachs Group raised their price target on shares of DT Midstream from $74.00 to $94.00 and gave the company a “sell” rating in a report on Thursday, December 19th. Wells Fargo & Company boosted their target price on DT Midstream from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. lifted their price target on DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Finally, Raymond James raised their price objective on DT Midstream from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. 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. Based on data from MarketBeat, DT Midstream has an average rating of “Hold” and an average target price of $101.56.

DT Midstream Price Performance

Shares of DT Midstream stock traded down $1.28 during mid-day trading on Wednesday, reaching $94.52. 2,810,439 shares of the stock traded hands, compared to its average volume of 968,004. The stock has a market capitalization of $9.18 billion, a PE ratio of 23.00 and a beta of 0.79. The business has a 50-day moving average of $102.84 and a 200 day moving average of $92.94. DT Midstream has a fifty-two week low of $56.15 and a fifty-two week high of $114.50. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.61.

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

About DT Midstream

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.