DT Midstream (DTM) Projected to Post Earnings on Friday

DT Midstream (NYSE:DTM) will likely be posting its quarterly earnings results before the market opens on Friday, February 21st. Analysts expect DT Midstream to post earnings of $0.91 per share and revenue of $253.76 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

DT Midstream Trading Up 0.4 %

NYSE:DTM opened at $101.93 on Thursday. 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 has a 1-year low of $55.05 and a 1-year high of $114.50. The firm has a market capitalization of $9.90 billion, a price-to-earnings ratio of 24.80 and a beta of 0.79. The stock has a fifty day simple moving average of $103.03 and a 200 day simple moving average of $92.09.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Stifel Nicolaus upgraded shares of DT Midstream from a “hold” rating to a “buy” rating and raised their target price for the stock from $89.00 to $106.00 in a report on Thursday, December 19th. Raymond James raised their price objective on shares of DT Midstream from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Barclays assumed coverage on DT Midstream in a research report on Friday, January 10th. They issued an “equal weight” rating and a $112.00 target price for the company. Citigroup raised DT Midstream from a “neutral” rating to a “buy” rating and raised their target price for the stock from $90.00 to $115.00 in a research report on Thursday, November 21st. Finally, The Goldman Sachs Group raised their price objective on DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 19th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $101.56.

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.