
DT Midstream (DTM) Stock Forecast & Price Target
DT Midstream (DTM) Analyst Ratings
Bulls say
DT Midstream Inc. maintains a robust backlog primarily focused on its core Pipeline business, which currently accounts for approximately 70% of its EBITDA, with aspirations to exceed this percentage. The company is projecting dividend growth aligned with EBITDA growth rates, targeting an annual increase of 5-7%, bolstered by strong demand in the PJM and MISO markets driven by data center needs. Additionally, management anticipates an increase in public activity as the LNG market develops, further supported by favorable regulatory conditions that aim to facilitate large-scale infrastructure projects.
Bears say
DT Midstream Inc. faces a concerning financial outlook due to its substantial debt of approximately $3.32 billion, which raises leverage risks despite a slight decrease from previous quarters. The company's high dependence on Expand Energy for a significant portion of its revenues poses a vulnerability, particularly if anticipated growth in LNG demand does not materialize. Furthermore, potential challenges from industry-wide recessionary pressures, rising interest rates, increasing regulatory scrutiny, and environmental liabilities could adversely impact the company's financial stability and operational performance.
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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