How to Buy Dt Midstream Stock
Dt Midstream Inc
Dt Midstream is a oil & gas midstream company located in Michigan, United States, which is part of the Energy sector, and is traded under the ticker DTM on the NYSE exchange.
Dt Midstream stock last closed at $101.50, up 3.33% from the previous day, and has increased 85.29% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.56 percentage points. Dt Midstream stock is currently +98.36% from its 52-week low of $51.17, and -7.6% from its 52-week high of $109.85.
There are currently 97.16M shares of DTM outstanding. The market capitalization of DTM is $9.86B. In the past 24 hours, 909,113 DTM shares were traded.
How to Buy Dt Midstream Stock
Not sure how to invest in Dt Midstream stock? Here's how.
- Choose where to buy Dt Midstream stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Dt Midstream stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your info.
- Evaluate Dt Midstream stock: The Dt Midstream ticker symbol is DTM. Is Dt Midstream stock a good investment? Should you buy shares of DTM? How do DTM's underlying business fundamentals look? Do top analysts think Dt Midstream is a good buy? Why has DTM's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if DTM is a good stock to buy).
- Make your DTM purchase: Decide if you will purchase DTM shares at the current market price or use a limit order to buy DTM shares at a specific price.
- Get key alerts regarding your DTM position: Create a watchlist to keep tabs on your position in Dt Midstream stock.
Step 1: Choose where to buy Dt Midstream stock
You will need an online brokerage account to access the NYSE market and buy DTM shares.
Our favorite brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to buy DTM today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the stocks app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Evaluate Dt Midstream stock
Once you have selected the best place to buy Dt Midstream stock, it's absolutely critical to research their stock before you buy, so you truly understand the risk as well as the upside.
Dt Midstream Numbers
Dt Midstream Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on DTM's stock page.
What is the fair value of DTM stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DTM's intrinsic value.
Using relative valuations methods:
- DTM could be overvalued based on its P/E ratio of 24.46x, relative to Oil & Gas Midstream industry P/E ratio of 17.33x
- DTM may be undervalued based on its P/B ratio of 2.34x, relative to Oil & Gas Midstream industry P/B ratio of 2.83x
- DTM may be overvalued based on its PEG ratio of 4.2x
You can do additional valuation research on DTM's stock here.
How do DTM Financials look?
Passed Health Checks:
- DTM's operating cash flow of $795.00M allows it to safely service it's debt of $2.72B.
- DTM profit margin has gone up from 37.8% to 41.2% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the DTM balance sheet.
- There are more short-term liabilities than short-term assets on the DTM balance sheet.
- DTM earnings of $654.00M is not enough to cover its interest payments.
- DTM has a relatively high debt to equity ratio of 1.
Do Wall Street analysts think it's a good time to buy Dt Midstream stock
Out of 7 Equities analysts who give ratings on DTM, the consensus analyst rating on DTM is a Hold
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent DTM Analyst Upgrades/Downgrades
Robert Kad, a top 10% analyst from Morgan Stanley maintains DTM with a strong sell rating and raises their DTM price target from $82.00 to $92.00, on Oct 25, 2024.
Jeremy Tonet, a top 12% analyst from JP Morgan maintains DTM with a hold rating and raises their DTM price target from $78.00 to $83.00, on Oct 4, 2024.
You can dive deeper into what analysts are forecasting on the Dt Midstream stock forecast page.
DTM Technicals
How are DTM Revenues/Earnings doing?
Last year, DTM earnings were $402.00M. During the past three year, DTM's earnings have grown by 73.22% per year. This was faster than the Oil & Gas Midstream industry average of 26.81%.
Last year, DTM revenue was $976.00M. During the last three year, DTM's revenue has gone up by 56.78% per year. This was faster than the Oil & Gas Midstream industry average of 7.98%.
You can analyze DTM's earnings and revenue performance here.
What are DTM insiders up to?
Over the past 12 months, executives and large shareholders at DTM have sold more shares than they have bought.
Peter I. Tumminello, Director of DTM, was the latest DTM insider to buy. They bought $6,298.44 worth of DTM stock on Oct 14, 2024.
Learn more about who owns DTM stock here.
Can I rely on DTM as an income stream?
No, Dt Midstream doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your DTM purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your DTM position
Now that you own some DTM shares, you'll want to stay up-to-date on your new company.
Put DTM on a watchlist to get notified of the latest news about your DTM stock.
DTM Feed
How to Buy Stock in Dt Midstream
To reiterate, here are the 6 steps to buy Dt Midstream stock:
- Choose where to buy Dt Midstream stock
- Open your brokerage account
- Fund your investment account
- Evaluate Dt Midstream stock
- Make your DTM purchase
- Get key alerts regarding your DTM position
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Dt Midstream, add DTM to your watchlist below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.