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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 $62.79, up 0.45% from the previous day, and has increased 29.62% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.16 percentage points. Dt Midstream stock is currently +39.21% from its 52-week low of $45.11, and -2.18% from its 52-week high of $64.19.

There are currently 96.98M shares of DTM outstanding. The market capitalization of DTM is $6.09B. In the past 24 hours, 634,628 DTM shares were traded.

How to Buy Dt Midstream Stock

Not sure how to invest in Dt Midstream stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Submit your info by hitting the "Create Account" button.
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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.

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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

DTM Price
$62.79
1w %
-0.71%
1y %
29.62%
5y %
N/A
P/E
15.82x
P/B
1.47x
P/S
6.6x
PEG
2.98x
Revenue
$922.00M
Earnings
$384.00M
Fore. Rev. Growth
7.32%
Fore. Earn. Growth
6.55%
Market Cap
$6.09B
Next Earnings
May 1, 2024
Next Dividend
N/A

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 15.82x, relative to Oil & Gas Midstream industry P/E ratio of 13.61x
  • DTM may be undervalued based on its P/B ratio of 1.47x, relative to Oil & Gas Midstream industry P/B ratio of 2.28x
  • DTM may be overvalued based on its PEG ratio of 2.98x

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 $798.00M allows it to safely service it's debt of $3.27B.
  • DTM profit margin has gone up from 40.2% to 41.6% 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 $638.00M is not enough to cover its interest payments.
  • DTM has a relatively high debt to equity ratio of 1.14.

Do Wall Street analysts think it's a good time to buy Dt Midstream stock

Out of 5 Equities analysts who give ratings on DTM, the consensus analyst rating on DTM is a Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Dt Midstream stock forecast page.

DTM Trading Indicators

SMA10
1.39
SMA20
1.47
SMA50
1.51
SMA100
1.55
SMA200
1.49
MACD
-0.06
MACD Signal
-0.05
MACD Histogram
-0.02
RSI
36.87
Stochastic %K
19.19
Stochastic %D
18.31
StochRSI %K
16.45
StochRSI %D
5.48

Is DTM Growing Revenue?

Last year, DTM earnings were $384.00M. In the past four year, DTM's earnings have grown by 17.12% per year. This was slower than the Oil & Gas Midstream industry average of 21.29%.

Last year, DTM revenue was $922.00M. During the past five year, DTM's revenue has increased by 13.71% per year. This was faster than the Oil & Gas Midstream industry average of 7.51%.

You can research DTM's earnings and revenue performance here.

Latest Insiders Trades at DTM

In the past year, insiders at DTM have sold more shares than they have bought.

Angela N. Archon, Director of DTM, was the latest DTM insider to buy. They bought $28,935.00 worth of DTM stock on Mar 1, 2024.

Dig into more about who owns DTM shares here.

Can I get consistent income from DTM stock?

No, Dt Midstream doesn't provide an income stream by paying out dividends.

What others are saying about DTM

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your DTM purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Press the Open button and eToro will execute your order.

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Step 6: Get key alerts regarding your DTM position

Now that you own some DTM shares, you'll want to keep up with your new investment.

Create a watchlist to get alerted to the latest events about your DTM stock.

DTM Feed

How to Buy Stock in Dt Midstream

To summarize, here are the 6 steps to buy Dt Midstream stock:

  1. Choose where to buy Dt Midstream stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Dt Midstream stock
  5. Make your DTM purchase
  6. Get key alerts regarding your DTM position

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Dt Midstream, create your watchlist below.

NYSE: DTM
$62.79+0.28 (+0.45%)
Updated Apr 18, 2024
Open eToro Account
NYSE: DTM
$62.79+0.28 (+0.45%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dt Midstream share?

As of Apr 18, 2024, it costs $62.79 to buy one share of Dt Midstream stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.159 shares of DTM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dt Midstream stock?

According to 5 Wall Street analysts who monitor Dt Midstream, their consensus recommendation is to buy Dt Midstream stock.

What is the best way to buy Dt Midstream stock?

One way to place an order for Dt Midstream stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.