DT Midstream (NYSE:DTM) Releases FY 2026 Earnings Guidance

DT Midstream (NYSE:DTM) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.420-4.820 for the period, compared to the consensus estimate of 4.780. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. The Goldman Sachs Group boosted their price target on DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a research report on Monday, April 20th. Morgan Stanley raised their price objective on DT Midstream from $165.00 to $170.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded DT Midstream from a “buy (a-)” rating to a “buy (a)” rating in a report on Friday, July 24th. Raymond James Financial restated an “outperform” rating and issued a $158.00 target price on shares of DT Midstream in a report on Thursday, April 30th. Finally, Citigroup upped their target price on DT Midstream from $156.00 to $169.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, DT Midstream currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.69.

DT Midstream Stock Performance

DTM stock traded up $0.64 during mid-day trading on Thursday, reaching $136.59. 1,641,464 shares of the stock traded hands, compared to its average volume of 783,501. The firm has a market capitalization of $13.93 billion, a PE ratio of 30.22, a P/E/G ratio of 3.00 and a beta of 0.71. The business has a 50-day moving average of $144.30 and a two-hundred day moving average of $137.67. DT Midstream has a 52 week low of $99.81 and a 52 week high of $152.88. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68.

DT Midstream (NYSE:DTM) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.During the same period in the prior year, the business earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. As a group, equities analysts predict that DT Midstream will post 4.77 EPS for the current fiscal year.

DT Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, September 21st. DT Midstream’s payout ratio is currently 77.88%.

Key Headlines Impacting DT Midstream

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: DT Midstream reported second-quarter net income and operating earnings of $112 million, or $1.09 per diluted share, up from $1.04 per share a year earlier. Adjusted EBITDA reached $305 million, highlighting continued cash-flow strength. DT Midstream Reports Strong Second Quarter 2026 Results
• Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, payable October 15 to shareholders of record September 21. The dividend equates to approximately $3.52 annually and a 2.6% yield, reinforcing DT Midstream’s income appeal.
• Positive Sentiment: US Capital Advisors modestly raised its DT Midstream EPS forecasts to $5.24 for fiscal 2027 and $5.55 for fiscal 2028, suggesting improved longer-term earnings expectations.
• Neutral Sentiment: Despite year-over-year EPS growth, second-quarter earnings of $1.09 missed analysts’ $1.17 consensus estimate. The company’s net margin was 36.28% and return on equity was 9.53%.
• Negative Sentiment: DT Midstream issued fiscal 2026 EPS guidance of $4.42-$4.82. The midpoint of $4.62 is below the roughly $4.78-$4.77 analyst consensus, potentially signaling softer-than-expected near-term earnings.
• Negative Sentiment: A valuation-focused earnings preview cited an estimated 13% downside to the stock’s GF Value, adding a potential valuation concern after the recent share-price strength. Earnings To Watch: DT Midstream Inc. Q2 2026

Institutional Investors Weigh In On DT Midstream

Hedge funds have recently modified their holdings of the business. EP Wealth Advisors LLC bought a new stake in DT Midstream in the 2nd quarter valued at $218,000. Rafferty Asset Management LLC acquired a new stake in DT Midstream in the 4th quarter worth $205,000. Daiwa Securities Group Inc. bought a new position in shares of DT Midstream during the 2nd quarter worth about $204,000. Nomura Holdings Inc. bought a new position in shares of DT Midstream during the 2nd quarter worth about $203,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of DT Midstream during the second quarter valued at about $173,000. 81.53% of the stock is owned by institutional investors.

About DT Midstream

DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.