
DT Midstream (DTM) Stock Forecast & Price Target
DT Midstream (DTM) Analyst Ratings
Bulls say
DT Midstream Inc. is positioned favorably due to its robust backlog primarily driven by its core Pipeline business, which constitutes approximately 70% of its EBITDA, with plans for further growth in this segment. The company's commitment to increase its dividend in line with EBITDA growth, targeting an annual increase of 5-7%, indicates a strong financial outlook that could accelerate should business performance exceed expectations. Additionally, DT Midstream's strong presence in Michigan and the favorable regulatory environment under the current administration, aimed at easing infrastructure development, further supports a positive growth trajectory for the company.
Bears say
DT Midstream Inc's financial profile reveals a concerning dependence on a single customer, Expand Energy, for a significant portion of its revenues, which raises substantial risks regarding its revenue stability. Additionally, the company's asset concentration in the Haynesville and Northeast regions, coupled with potential failures in the expected growth of LNG demand, could threaten revenue generation prospects. Furthermore, DT Midstream faces multiple industry risks, including the negative impacts of a recession, high interest rates, and escalating regulatory challenges, all of which could adversely affect the company's financial performance and long-term viability.
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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