
DT Midstream (DTM) Stock Forecast & Price Target
DT Midstream (DTM) Analyst Ratings
Bulls say
DT Midstream Inc. is well-positioned for future growth, with approximately 70% of its EBITDA derived from its core Pipeline business, which management aims to expand further. The company's robust backlog and anticipated dividend growth of 5-7% annually, aligned with EBITDA increases, suggest positive financial health and potential for enhanced returns to shareholders. Additionally, the favorable regulatory environment and strong demand in key regions, including Michigan and the PJM and MISO markets, further support a positive outlook for DT Midstream's operational and financial performance.
Bears say
DT Midstream Inc has a substantial debt load of $3.32 billion, with only minor fluctuations from previous quarters, indicating potential concerns about financial stability and leverage. The company's heavy reliance on Expand Energy for a significant portion of its revenue poses a risk, especially if growth in LNG demand fails to materialize, compounded by its concentrated asset base in the Haynesville and Northeast regions. Additionally, the potential for a recession, higher interest rates, increased regulatory challenges, and environmental liabilities further contribute to the negative outlook for DT Midstream’s stock.
This aggregate rating is based on analysts' research of DT Midstream and is not a guaranteed prediction by Public.com or investment advice.
DT Midstream (DTM) Analyst Forecast & Price Prediction
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