DT Midstream (DTM) Projected to Post Earnings on Friday

DT Midstream (NYSE:DTM) will likely be releasing its earnings data 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. Parties interested in participating in the company’s conference call can do so using this link.

DT Midstream Stock Up 0.4 %

DTM opened at $101.93 on Thursday. The firm has a 50 day moving average price of $103.03 and a 200 day moving average price of $92.09. The company has a market cap of $9.90 billion, a PE ratio of 24.80 and a beta of 0.79. DT Midstream has a 1 year low of $55.05 and a 1 year high of $114.50. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.95 and a current ratio of 0.95.

Analysts Set New Price Targets

DTM has been the subject of a number of recent analyst reports. Citigroup raised shares of DT Midstream from a “neutral” rating to a “buy” rating and raised their price target for the company from $90.00 to $115.00 in a report on Thursday, November 21st. Morgan Stanley raised their target price on DT Midstream from $82.00 to $92.00 and gave the company an “underweight” rating in a research note on Friday, October 25th. Stifel Nicolaus upgraded DT Midstream from a “hold” rating to a “buy” rating and raised their price objective for the company from $89.00 to $106.00 in a research note on Thursday, December 19th. Raymond James raised their price objective on DT Midstream from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Finally, JPMorgan Chase & Co. raised 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. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target 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.