NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free DTE Stock Alerts $110.12 0.00 (0.00%) (As of 04:10 PM ET) Add Compare Share Share Today's Range$109.53▼$111.1550-Day Range$103.21▼$112.9552-Week Range$90.14▼$116.73Volume949,540 shsAverage Volume1.19 million shsMarket Capitalization$22.79 billionP/E Ratio16.29Dividend Yield3.71%Price Target$115.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get DTE Energy alerts: Email Address DTE Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside4.1% Upside$115.10 Price TargetShort InterestHealthy1.66% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.95Upright™ Environmental ScoreNews Sentiment0.75Based on 19 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth7.30%From $6.71 to $7.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.63 out of 5 starsUtilities Sector14th out of 88 stocksElectric Services Industry6th out of 40 stocks 2.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageDTE Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.66% of the outstanding shares of DTE Energy have been sold short.Short Interest Ratio / Days to CoverDTE Energy has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently increased by 6.50%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipDTE Energy is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDTE Energy has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 60.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DTE Energy will have a dividend payout ratio of 56.67% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -45.85% net impact score from Upright. The largest negative impact of DTE Energy in category "GHG emissions" seems to be driven mostly by its "Electricity trade", "Electricity produced with coal", and "Electricity produced with natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for DTE Energy is -6.95. Previous Next 3.2 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 19 news articles for DTE Energy this week, compared to 9 articles on an average week.Search Interest17 people have searched for DTE on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DTE Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,168,183.00 in company stock.Percentage Held by InsidersOnly 0.28% of the stock of DTE Energy is held by insiders.Percentage Held by Institutions76.06% of the stock of DTE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.30% in the coming year, from $6.71 to $7.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 16.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.48.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 16.35, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 79.46.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDTE Energy has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About DTE Energy Stock (NYSE:DTE)DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.Read More DTE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTE Stock News HeadlinesApril 23, 2024 | msn.comPRESQUE ISLE SOLARApril 23, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) Price Target Lowered to $120.00 at ScotiabankApril 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 22, 2024 | cbsnews.comMichigan AG opposes Consumers Energy's proposed $136 million gas rate increase, argues for decreaseApril 22, 2024 | detroitnews.comDTE is installing 'smart' devices to detect power line damage, pinpoint outagesApril 22, 2024 | finance.yahoo.comDTE Energy helps make NFL Draft carbon neutralApril 19, 2024 | cbsnews.comCity of Mount Clemens opposes DTE's proposed rate increaseApril 19, 2024 | americanbankingnews.comBMO Capital Markets Increases DTE Energy (NYSE:DTE) Price Target to $113.00April 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 18, 2024 | americanbankingnews.comDTE Energy (DTE) to Release Quarterly Earnings on ThursdayApril 17, 2024 | msn.comMount Clemens gives sharply-worded rebuke to DTE's rate increase requestApril 17, 2024 | finance.yahoo.comReasons to Add DTE Energy (DTE) Stock to Your Portfolio NowApril 16, 2024 | msn.comInteractive Brokers Group, Inc. raises quarterly dividend by 150% to $0.25/shareApril 16, 2024 | msn.comThis Black woman-owned electric company in Detroit just secured a historic 6-figure deal with utility giant DTE EnergyApril 16, 2024 | seekingalpha.comDTE Energy: A Much-Improved Growth Story With A Better Valuation (Rating Upgrade)April 16, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) Given New $115.00 Price Target at BarclaysApril 15, 2024 | msn.comNew legislation aims to pull the plug on rising utility costsApril 15, 2024 | finance.yahoo.comIs DTE Energy Company's (NYSE:DTE) 13% ROE Better Than Average?April 15, 2024 | markets.businessinsider.comDTE Energy (DTE) Gets a Buy from BarclaysApril 12, 2024 | detroitnews.comFire reported at DTE substation in downtown DetroitApril 12, 2024 | msn.comFire, loud boom at DTE substation rattles downtown DetroitApril 12, 2024 | globenewswire.comDTE awards three Michigan small businesses $5,000 in energy efficiency upgradesApril 11, 2024 | globenewswire.comDTE Energy schedules first quarter 2024 earnings release, conference callApril 10, 2024 | detroitnews.comRunestad: Michigan needs commonsense utility rate increasesApril 4, 2024 | msn.comProsecutors seek 10 to 15 years in prison for Crumbley parents, DTE meter inspections and more top storiesApril 3, 2024 | msn.comMount Clemens city commissioner to seek resolution opposing DTE’s rate hike increaseApril 3, 2024 | msn.comMount Clemens city commissioner to seek resolution opposing DTE's rate hike increaseSee More Headlines Receive DTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DTE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/08/2024Ex-Dividend for 4/15 Dividend3/15/2024Dividend Payable4/15/2024Today4/23/2024Next Earnings (Confirmed)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryMulti-Utilities Current SymbolNYSE:DTE CUSIP23333110 CIK936340 Webwww.dteenergy.com Phone(313) 235-4000Fax313-235-6743Employees9,950Year Founded1995Price Target and Rating Average Stock Price Target$115.10 High Stock Price Target$124.00 Low Stock Price Target$106.00 Potential Upside/Downside+4.5%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$6.76 Trailing P/E Ratio16.29 Forward P/E Ratio16.41 P/E Growth2.7Net Income$1.40 billion Net Margins10.96% Pretax Margin12.29% Return on Equity11.00% Return on Assets2.72% Debt Debt-to-Equity Ratio1.58 Current Ratio0.60 Quick Ratio0.42 Sales & Book Value Annual Sales$12.75 billion Price / Sales1.79 Cash Flow$14.01 per share Price / Cash Flow7.86 Book Value$53.60 per share Price / Book2.05Miscellaneous Outstanding Shares206,930,000Free Float206,346,000Market Cap$22.79 billion OptionableOptionable Beta0.64 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Gerardo Norcia (Age 61)CEO & Chairman Comp: $2.37MMr. Trevor F. Lauer (Age 60)Vice Chairman & Group President Comp: $949.3kMr. David S. Ruud (Age 58)Executive VP & CFO Comp: $979.55kMs. JoAnn Chavez (Age 60)Senior VP & Chief Legal Officer Comp: $906.22kMr. Mark W. Stiers (Age 62)President of DTE Vantage & Energy Trading Comp: $1.34MMs. Joi M. Harris (Age 53)President & COO Ms. Tracy J. Myrick (Age 47)Chief Accounting Officer Mr. Bill ChiuVice President of Distribution Engineering & TechnologyMr. Steven B. AmbroseChief Information Officer and Vice PresidentMs. Barbara TuckfieldDirector - Investor RelationsMore ExecutivesKey CompetitorsCenterPoint EnergyNYSE:CNPDominion EnergyNYSE:DEntergyNYSE:ETRFirstEnergyNYSE:FEEversource EnergyNYSE:ESView All CompetitorsInsiders & InstitutionsRaymond James Financial Services Advisors Inc.Sold 2,411 shares on 4/23/2024Ownership: 0.022%Stonegate Investment Group LLCBought 2,588 shares on 4/23/2024Ownership: 0.001%IFM Investors Pty LtdBought 326 shares on 4/22/2024Ownership: 0.021%Centennial Wealth Advisory LLCSold 164 shares on 4/22/2024Ownership: 0.003%Oakworth Capital Inc.Sold 376 shares on 4/22/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy DTE Energy Stock? DTE Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in DTE Energy: DTE Energy Company engages in utility operations, providing a stable and essential service that is in demand regardless of economic conditions. Recent optimization of contracted natural gas pipeline transportation and storage positions can lead to cost savings and improved operational efficiency. Strong historical performance and longevity in the industry since its founding in 1849, indicating a track record of stability and resilience. Continued growth in the Electric segment, with ongoing investments in infrastructure and technology to meet increasing energy demands. Current stock price is favorable for potential investors, offering an attractive entry point for those looking to capitalize on future growth. Cons Investors should be bearish about investing in DTE Energy for these reasons: Deutsche Telekom AG, not related to DTE Energy, provides integrated telecommunication services and may cause confusion for investors looking for information on DTE Energy. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these DTE Energy pros and cons to contact@marketbeat.com. DTE Stock Analysis - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DTE shares. View DTE analyst ratings or view top-rated stocks. What is DTE Energy's stock price target for 2024? 11 Wall Street analysts have issued 12-month price targets for DTE Energy's shares. Their DTE share price targets range from $106.00 to $124.00. On average, they anticipate the company's share price to reach $115.10 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for DTE or view top-rated stocks among Wall Street analysts. How have DTE shares performed in 2024? DTE Energy's stock was trading at $110.26 at the beginning of 2024. Since then, DTE stock has increased by 0.3% and is now trading at $110.54. View the best growth stocks for 2024 here. Are investors shorting DTE Energy? DTE Energy saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,230,000 shares, an increase of 13.7% from the February 29th total of 2,840,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is currently 2.8 days. View DTE Energy's Short Interest. When is DTE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our DTE earnings forecast. How can I listen to DTE Energy's earnings call? DTE Energy will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) released its quarterly earnings results on Thursday, February, 8th. The utilities provider reported $1.97 earnings per share for the quarter, topping analysts' consensus estimates of $1.96 by $0.01. The utilities provider earned $3.39 billion during the quarter, compared to analyst estimates of $4.97 billion. DTE Energy had a net margin of 10.96% and a trailing twelve-month return on equity of 11.00%. During the same period in the prior year, the firm earned $1.31 EPS. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Monday, March 18th will be paid a dividend of $1.02 per share on Monday, April 15th. This represents a $4.08 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Friday, March 15th. Read our dividend analysis for DTE. Is DTE Energy a good dividend stock? DTE Energy (NYSE:DTE) pays an annual dividend of $4.08 per share and currently has a dividend yield of 3.76%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 56.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTE. What ETFs hold DTE Energy's stock? ETFs with the largest weight of DTE Energy (NYSE:DTE) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust EIP Carbon Impact ETF (ECLN) and First Trust Utilities AlphaDEX Fund (FXU). What guidance has DTE Energy issued on next quarter's earnings? DTE Energy updated its FY24 earnings guidance on Wednesday, April, 3rd. The company provided earnings per share guidance of $6.54-6.83 for the period, compared to the consensus earnings per share estimate of $6.69. What is Jerry Norcia's approval rating as DTE Energy's CEO? 40 employees have rated DTE Energy Chief Executive Officer Jerry Norcia on Glassdoor.com. Jerry Norcia has an approval rating of 97% among the company's employees. This puts Jerry Norcia in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of DTE Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other DTE Energy investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Procter & Gamble (PG), Boeing (BA) and Walt Disney (DIS). Who are DTE Energy's major shareholders? DTE Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.16%), Allspring Global Investments Holdings LLC (0.08%), Leeward Investments LLC MA (0.06%), Global Assets Advisory LLC (0.05%) and State of Michigan Retirement System (0.03%). Insiders that own company stock include Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, Matthew T Paul, Robert A Richard, Tracy J Myrick and Trevor F Lauer. View institutional ownership trends. How do I buy shares of DTE Energy? Shares of DTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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