
DT Midstream (DTM) Stock Forecast & Price Target
DT Midstream (DTM) Analyst Ratings
Bulls say
DT Midstream Inc. demonstrates a robust financial outlook, with its core Pipeline business contributing approximately 70% of its EBITDA, and management aims to increase this percentage. The company is positioning itself for growth through anticipated dividend increases aligned with EBITDA growth of 5-7% annually, reflecting strong demand, particularly from data centers in the PJM and MISO regions. Additionally, DT Midstream's solid presence in Michigan, bolstered by favorable government policies aimed at easing infrastructure development, further underscores the potential for increased operational activity and revenue growth in the coming years.
Bears say
DT Midstream Inc. has a significant level of debt amounting to $3.32 billion, which reflects a slight reduction over recent quarters but indicates ongoing leverage concerns. The company's financial outlook is further complicated by its high dependence on Expand Energy for a substantial portion of its revenues, alongside the risk of underwhelming growth in LNG demand and a concentrated asset portfolio primarily in the Haynesville and Northeast regions. Additionally, broader industry risks, including potential recession effects on hydrocarbon demand, rising interest rates, and increased regulatory scrutiny, pose significant challenges that could adversely impact the company's financial stability.
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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