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 0.5 %

Shares of DT Midstream stock opened at $94.40 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $9.17 billion, a PE ratio of 23.00 and a beta of 0.79. DT Midstream has a 1-year low of $56.60 and a 1-year high of $114.50. The company’s fifty day simple moving average is $102.82 and its 200-day simple moving average is $92.95.

Analysts Set New Price Targets

Several research analysts have recently commented on DTM shares. 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 note on Thursday, December 19th. Barclays began coverage on shares of DT Midstream in a research note on Friday, January 10th. They set an “equal weight” rating and a $112.00 target price on the stock. JPMorgan Chase & Co. upped their price target on shares of DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Wells Fargo & Company increased their price objective on shares of DT Midstream from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Finally, Citigroup raised shares of DT Midstream from a “neutral” rating to a “buy” rating and upped their target price for the stock from $90.00 to $115.00 in a report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average 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.