DT Midstream (DTM) Expected to Announce Earnings on Friday

DT Midstream (NYSE:DTM) is expected to post 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 Stock Up 2.8 %

Shares of DTM stock opened at $101.47 on Friday. The stock has a market cap of $9.86 billion, a P/E ratio of 24.69 and a beta of 0.79. DT Midstream has a 12 month low of $51.17 and a 12 month high of $114.50. The company has a 50 day simple moving average of $102.98 and a two-hundred day simple moving average of $91.23. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price target on shares of DT Midstream from $82.00 to $92.00 and gave the stock an “underweight” rating in a research report on Friday, October 25th. Wells Fargo & Company upped their price target on shares of DT Midstream from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. 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. Barclays assumed coverage on shares of DT Midstream in a research report on Friday, January 10th. They issued an “equal weight” rating and a $112.00 price target for the company. Finally, The Goldman Sachs Group upped their price target on shares of DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $101.56.

DT Midstream Company Profile

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.