NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free DTE Stock Alerts $109.48 +1.00 (+0.92%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$108.19▼$109.8050-Day Range$102.36▼$112.9552-Week Range$90.14▼$116.73Volume1.11 million shsAverage Volume1.11 million shsMarket Capitalization$22.65 billionP/E Ratio16.20Dividend Yield3.73%Price Target$114.33 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 Buy2.67 Rating ScoreUpside/Downside4.3% Upside$114.22 Price TargetShort InterestHealthy1.37% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.72Upright™ Environmental ScoreNews Sentiment0.45Based on 25 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth7.31%From $6.70 to $7.19 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.4.68 out of 5 starsUtilities Sector11th out of 92 stocksElectric Services Industry4th out of 42 stocks 2.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $114.22, DTE Energy has a forecasted upside of 4.3% from its current price of $109.48.Amount of Analyst CoverageDTE Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.37% 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 2.4, 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 5.58%, 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 56.75% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -11.98% 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 -5.72. Previous Next 2.5 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 25 news articles for DTE Energy this week, compared to 9 articles on an average week.Search Interest15 people have searched for DTE on MarketBeat in the last 30 days. This is an increase of 67% 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 -65% 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 Institutions74.72% 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 7.31% in the coming year, from $6.70 to $7.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 16.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 16.20, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 81.23.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 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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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 HeadlinesMarch 18, 2024 | detroitnews.comCook: Utilities should take money out of politicsMarch 18, 2024 | msn.comCrim, Nowiski appointed to the Lansing Board of EducationMarch 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 18, 2024 | cbsnews.comMiami International AirportMarch 17, 2024 | msn.comTrenton Channel power plant stacks demolished, toppling one at a timeMarch 15, 2024 | msn.comTrenton Channel power plant go out with a bang after nearly 100 yearsMarch 15, 2024 | benzinga.comWhat the Options Market Tells Us About PBF EnergyMarch 15, 2024 | detroitnews.comTrenton Channel Power Plant smokestacks demolishedMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 15, 2024 | msn.comTrenton Channel power plant stacks demolished after nearly 100 yearsMarch 15, 2024 | cbsnews.comTroy police advise residents of road closure, power outages after car hits utility polesMarch 14, 2024 | cbsnews.comOlivia MunnMarch 14, 2024 | msn.comClimate activists' new target in the fight to slow global warmingMarch 14, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) Given Average Recommendation of "Moderate Buy" by BrokeragesMarch 13, 2024 | msn.comMusk abruptly cancels 'The Don Lemon Show' on X after he sits for the program's first interviewMarch 13, 2024 | benzinga.com9 Energy Stocks With Whale Alerts In Today's SessionMarch 13, 2024 | finance.yahoo.comDTE Energy Company: Management guiding for peer-high growth in 2024March 13, 2024 | markets.businessinsider.comAnalyst Ratings For DTE EnergyMarch 13, 2024 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Dominion Energy (D)March 12, 2024 | detroitnews.comTrenton Channel Power Plant demolition rescheduledMarch 11, 2024 | msn.comTrenton stacks demolition rescheduled for Friday: Where to watch, filmMarch 11, 2024 | cbsnews.comJohn CenaMarch 8, 2024 | msn.comDetroiters more likely to support local solar development if they think it reduces energy prices for their communityMarch 8, 2024 | finance.yahoo.comDTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02March 5, 2024 | finance.yahoo.comDo DTE Energy's (NYSE:DTE) Earnings Warrant Your Attention?March 1, 2024 | msn.comConsumers Energy rate hike approved by Michigan commission: What it means for customersMarch 1, 2024 | globenewswire.comDTE Energy Foundation invites community transformation-focused nonprofits to apply for $150K in grant supportSee 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 Ex-Dividend for 1/15 Dividend12/15/2023Dividend Payable1/15/2024Last Earnings2/08/2024Ex-Dividend for 4/15 Dividend3/15/2024Today3/18/2024Dividend Payable4/15/2024Next Earnings (Estimated)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$114.22 High Stock Price Target$124.00 Low Stock Price Target$106.00 Potential Upside/Downside+4.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.76 Trailing P/E Ratio16.20 Forward P/E Ratio16.34 P/E Growth2.72Net 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 / Sales1.78 Cash Flow$13.82 per share Price / Cash Flow7.92 Book Value$53.60 per share Price / Book2.04Miscellaneous Outstanding Shares206,930,000Free Float205,663,000Market Cap$22.65 billion OptionableOptionable Beta0.64 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Gerardo Norcia (Age 61)CEO & Chairman Comp: $3.41MMr. Trevor F. Lauer (Age 60)Vice Chairman & Group President Comp: $1.23MMr. David S. Ruud (Age 58)Executive VP & CFO Comp: $1.28MMs. JoAnn Chavez (Age 60)Senior VP & Chief Legal Officer Comp: $1.13MMr. Mark W. Stiers (Age 62)President of DTE Vantage & Energy Trading Comp: $1.26MMs. Joi M. Harris (Age 54)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:FEVistraNYSE:VSTView All CompetitorsInsiders & InstitutionsHennessy Advisors Inc.Sold 1,500 shares on 3/14/2024Ownership: 0.026%Vanguard Group Inc.Sold 152,471 shares on 3/11/2024Ownership: 12.138%SageView Advisory Group LLCBought 1,580 shares on 3/6/2024Ownership: 0.003%Vima LLCBought 2,282 shares on 3/4/2024Ownership: 0.001%Richardson Financial Services Inc.Bought 1,615 shares on 3/4/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy DTE Energy Stock? DTE Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of DTE Energy was last updated on Friday, March 15, 2024 at 3:48 AM. Pros Here are some ways that investors could benefit from investing in DTE Energy: DTE Energy has shown consistent growth in its Electric segment, leveraging a diverse mix of energy sources including wind and solar assets, which aligns with the increasing focus on renewable energy in the market. The company's Gas segment provides stability through the distribution and sale of natural gas to various customer segments, contributing to a diversified revenue stream. DTE Vantage segment offers additional revenue streams through services like power generation, steam production, and wastewater treatment, providing opportunities for revenue diversification. The Energy Trading segment engages in strategic trading activities, optimizing natural gas positions, which can lead to enhanced profitability in volatile energy markets. Recent positive market sentiment and analyst ratings have indicated a favorable outlook for DTE Energy, potentially driving stock price appreciation and investor confidence. Cons Investors should be bearish about investing in DTE Energy for these reasons: Regulatory changes in the energy sector could impact DTE Energy's operations and profitability, leading to uncertainties in future revenue streams. Dependency on traditional energy sources like coal-fired plants may pose challenges in the long term due to increasing environmental regulations and shifting consumer preferences towards cleaner energy alternatives. Fluctuations in commodity prices, especially natural gas, could affect the company's margins and financial performance, exposing investors to market volatility risks. Competitive pressures within the energy industry could impact DTE Energy's market share and pricing power, potentially affecting its overall financial health and growth prospects. Investors should carefully monitor the company's debt levels and capital structure, as high debt burdens could constrain future growth opportunities and financial flexibility. DTE Stock Analysis - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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? 10 brokerages have issued 12-month target prices for DTE Energy's stock. Their DTE share price targets range from $106.00 to $124.00. On average, they predict the company's share price to reach $114.22 in the next twelve months. This suggests a possible upside of 4.3% 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 on January 1st, 2024. Since then, DTE shares have decreased by 0.7% and is now trading at $109.48. 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 February. As of February 29th, there was short interest totaling 2,840,000 shares, an increase of 5.6% from the February 14th total of 2,690,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is currently 2.4 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 were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) released its earnings results on Thursday, February, 8th. The utilities provider reported $1.97 earnings per share for the quarter, beating analysts' consensus estimates of $1.96 by $0.01. The utilities provider had revenue of $3.39 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $1.31 earnings per share. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Monday, March 18th will be given a dividend of $1.02 per share on Monday, April 15th. This represents a $4.08 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend 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 56.75% 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 Virtus Reaves Utilities ETF (UTES), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust EIP Carbon Impact ETF (ECLN), Utilities Select Sector SPDR Fund (XLU), Fidelity MSCI Utilities Index ETF (FUTY) and Vanguard Utilities ETF (VPU). What guidance has DTE Energy issued on next quarter's earnings? DTE Energy issued an update on its FY24 earnings guidance on Tuesday, March, 5th. The company provided earnings per share guidance of $6.54-6.83 for the period, compared to the consensus estimate of $6.70. 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.14%), Vanguard Group Inc. (12.14%), Capital Research Global Investors (10.14%), Neuberger Berman Group LLC (2.28%), Boston Partners (1.23%) and Franklin Resources Inc. (1.02%). 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. This page (NYSE:DTE) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBitcoin dollar warningStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DTE Energy Please log in to your account or sign up in order to add this asset to your watchlist. 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