FY2026 EPS Estimates for DT Midstream Lowered by Scotiabank

DT Midstream, Inc. (NYSE:DTM) – Stock analysts at Scotiabank dropped their FY2026 EPS estimates for DT Midstream in a research note issued on Thursday, September 10th. Scotiabank analyst B. Bingham now forecasts that the company will post earnings of $4.76 per share for the year, down from their prior estimate of $4.84. Scotiabank currently has a “Sector Outperform” rating and a $168.00 price objective on the stock. The consensus estimate for DT Midstream’s current full-year earnings is $4.59 per share. Scotiabank also issued estimates for DT Midstream’s FY2027 earnings at $5.13 EPS.

Several other research firms have also recently weighed in on DTM. JPMorgan Chase & Co. boosted their price target on DT Midstream from $146.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Jefferies Financial Group set a $155.00 price objective on shares of DT Midstream in a report on Friday, July 31st. Mizuho cut their target price on shares of DT Midstream from $153.00 to $147.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Morgan Stanley raised shares of DT Midstream from an “equal weight” rating to an “overweight” rating and set a $170.00 target price on the stock in a report on Wednesday, September 9th. Finally, Weiss Ratings downgraded shares of DT Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, DT Midstream has an average rating of “Moderate Buy” and an average price target of $152.86.

DT Midstream Price Performance

Shares of DTM opened at $125.03 on Monday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.68. The stock has a market cap of $12.75 billion, a PE ratio of 27.36, a PEG ratio of 3.54 and a beta of 0.70. DT Midstream has a 12-month low of $104.25 and a 12-month high of $152.88. The business has a 50-day simple moving average of $135.66 and a two-hundred day simple moving average of $138.87.

DT Midstream (NYSE:DTM) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). The firm had revenue of $332.57 million during the quarter, compared to the consensus estimate of $325.84 million. DT Midstream had a net margin of 35.72% and a return on equity of 9.58%. During the same quarter in the previous year, the company posted $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS.

DT Midstream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be paid a $0.88 dividend. The ex-dividend date is Monday, September 21st. This represents a $3.52 annualized dividend and a dividend yield of 2.8%. DT Midstream’s payout ratio is currently 77.02%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new position in DT Midstream during the 1st quarter worth $32,000. Continuum Advisory LLC bought a new stake in shares of DT Midstream in the 2nd quarter worth $36,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of DT Midstream in the fourth quarter valued at about $30,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of DT Midstream in the fourth quarter valued at about $36,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of DT Midstream during the first quarter valued at about $41,000. Institutional investors and hedge funds own 81.53% of the company’s stock.

DT Midstream Company Profile

DT Midstream, Inc (NYSE: DTM) is an independent energy infrastructure company that develops, owns and operates natural gas transportation, storage and gathering assets. Its business is primarily supported by long-term, fee-based agreements that connect natural gas producers, utilities, power generators and other customers to major markets.

The company’s operations include interstate and intrastate pipeline systems, natural gas gathering networks and storage facilities. Its portfolio includes assets such as the Blue Union and Guardian pipeline systems, Midwestern Gas Transmission, and other infrastructure serving production and consumption areas in the Midwestern and Southern United States, including the Gulf Coast and Haynesville region.