DTE Energy Company Profile (NYSE:DTE)

About DTE Energy

DTE Energy logoDTE Energy Company (DTE Energy) is a diversified energy company. DTE Energy's utility operations consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). The Company's segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. The Company's Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.2 million residential, commercial and industrial customers in southeastern Michigan. DTE Energy's Gas segment consists principally of DTE Gas, a natural gas utility engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan, and the sale of storage and transportation capacity. DTE Electric owns and operates approximately 680 distribution substations.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Multi-Utilities
  • Exchange: NYSE
  • Symbol: DTE
  • CUSIP: 23333110
Key Metrics:
  • Previous Close: $94.88
  • 50 Day Moving Average: $94.28
  • 200 Day Moving Average: $92.93
  • 52-Week Range: $77.35 - $100.45
  • Trailing P/E Ratio: 22.91
  • Foreward P/E Ratio: 18.04
  • P/E Growth: 3.36
  • Market Cap: $17.02B
  • Outstanding Shares: 179,434,000
  • Beta: 0.26
Profitability:
  • Net Margins: 7.51%
  • Return on Equity: 10.00%
  • Return on Assets: 3.08%
Debt:
  • Debt-to-Equity Ratio: 1.06%
  • Current Ratio: 1.20%
  • Quick Ratio: 0.82%
Additional Links:
Companies Related to DTE Energy:

Analyst Ratings

Consensus Ratings for DTE Energy (NYSE:DTE) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $102.50 (8.03% upside)

Analysts' Ratings History for DTE Energy (NYSE:DTE)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016MacquarieBoost Price TargetOutperform$105.00 -> $107.00View Rating Details
9/12/2016KeyCorpSet Price TargetBuy$105.00View Rating Details
7/28/2016Barclays PLCReiterated RatingBuy$108.00View Rating Details
6/22/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
4/19/2016Deutsche Bank AGReiterated RatingHold$90.00View Rating Details
4/22/2015GuggenheimInitiated CoverageBuyView Rating Details
4/13/2015Goldman Sachs Group Inc.Initiated CoverageNeutral$82.00View Rating Details
10/29/2014Evercore ISIDowngradeBuy -> Hold$79.00 -> $81.50View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for DTE Energy (NYSE:DTE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/21/2016        
7/26/2016Q216$0.89$0.98$2.36 billion$2.26 billionViewListenView Earnings Details
4/26/2016Q116$1.50$1.52$2.97 billion$2.57 billionViewListenView Earnings Details
2/10/2016Q415$0.99$1.01$3.17 billion$2.49 billionViewListenView Earnings Details
10/23/2015Q315$1.25$1.40$2.69 billion$2.60 billionViewListenView Earnings Details
7/24/2015Q215$0.82$0.76$2.66 billion$2.27 billionViewListenView Earnings Details
4/24/2015Q115$1.53$1.65$3.53 billion$2.98 billionViewListenView Earnings Details
2/13/2015Q414$1.05$1.17$2.17 billion$3.08 billionViewListenView Earnings Details
10/24/2014Q314$1.13$1.02$2.48 billion$2.60 billionViewListenView Earnings Details
7/25/2014Q214$0.74$0.73$2.29 billion$2.70 billionViewListenView Earnings Details
4/25/2014Q114$1.41$1.87$2.67 billion$3.93 billionViewListenView Earnings Details
2/14/2014Q413$0.95$0.70$2.44 billion$2.53 billionViewListenView Earnings Details
10/25/2013Q313$1.24$1.13$2.36 billion$2.39 billionViewListenView Earnings Details
7/26/2013Q2 2013$0.79$0.62$2.03 billion$2.23 billionViewListenView Earnings Details
4/26/2013Q1 2013$1.01$1.34$2.31 billion$2.52 billionViewListenView Earnings Details
2/20/2013Q4 2012$0.86$0.79$2.48 billion$2.35 billionViewListenView Earnings Details
10/24/2012$1.13$1.31ViewN/AView Earnings Details
7/27/2012$0.69$0.86ViewN/AView Earnings Details
4/27/2012$1.10$0.91ViewN/AView Earnings Details
2/16/2012$0.80$0.88ViewN/AView Earnings Details
11/4/2011$0.98$1.07ViewN/AView Earnings Details
7/28/2011$0.53$0.65ViewN/AView Earnings Details
4/27/2011$1.21$1.11ViewN/AView Earnings Details
2/9/2011$0.86$0.90ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DTE Energy (NYSE:DTE)
Current Year EPS Consensus Estimate: $5.06 EPS
Next Year EPS Consensus Estimate: $5.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$1.51$1.51$1.51
Q3 20161$1.55$1.55$1.55
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DTE Energy (NYSE:DTE)
Annual Dividend:$3.08
Dividend Yield:3.25%
Dividend Growth:5.50% (3 Year Average)
Payout Ratio:74.58% (Based on Trailing 12 Months of Earnings)
60.87% (Based on Current Year Consensus EPS Estimate)
58.56% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for DTE Energy (NYSE:DTE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/23/2016quarterly$0.773.22%9/15/20169/19/201610/15/2016
5/5/2016quarterly$0.733.24%6/16/20166/20/20167/15/2016
2/4/2016quarterly$0.733.38%3/17/20163/21/20164/15/2016
12/3/2015quarterly$0.733.73%12/17/201512/21/20151/15/2016
6/25/2015quarterly$0.733.9%9/17/20159/21/201510/15/2015
5/7/2015quarterly$0.693.48%6/11/20156/15/20157/15/2015
2/5/2015quarterly$0.693.24%3/12/20153/16/20154/15/2015
12/3/2014quarterly$0.693.34%12/11/201412/15/20141/15/2015
6/19/2014quarterly$0.693.56%9/11/20149/15/201410/15/2014
5/1/2014quarterly$0.663.4%6/12/20146/16/20147/15/2014
2/6/2014quarterly$0.663.86%3/13/20143/17/20144/15/2014
12/5/2013quarterly$0.663.88%12/12/201312/16/20131/15/2014
6/20/2013quarterly$0.664.05%9/12/20139/16/201310/15/2013
5/1/2013quarterly$0.663.62%6/13/20136/17/20137/15/2013
2/7/2013quarterly$0.623.86%3/14/20133/18/20134/15/2013
12/9/2012quarterly$0.624.06%12/17/201212/19/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for DTE Energy (NYSE:DTE)
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 65.25%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/1/2016Gerard M AndersonChairmanSell17,500$97.96$1,714,300.00View SEC Filing  
6/3/2016Lisa A MuschongInsiderSell1,075$92.79$99,749.25View SEC Filing  
5/11/2016David E MeadorCAOSell6,700$90.14$603,938.00View SEC Filing  
5/3/2016Gerard M AndersonCEOSell20,000$89.75$1,795,000.00View SEC Filing  
2/29/2016Gail J. McgovernDirectorSell1,000$84.92$84,920.00View SEC Filing  
2/23/2016Larry E StewardVPSell2,500$85.31$213,275.00View SEC Filing  
2/23/2016Lisa A MuschongInsiderSell1,322$85.34$112,819.48View SEC Filing  
2/23/2016Steven E KurmasCOOSell12,771$85.19$1,087,961.49View SEC Filing  
2/19/2016David RuudInsiderSell8,000$84.88$679,040.00View SEC Filing  
2/16/2016David E MeadorCAOSell15,963$83.48$1,332,591.24View SEC Filing  
2/16/2016Gerard M. AndersonCEOSell15,000$84.35$1,265,250.00View SEC Filing  
2/16/2016Peter B. OleksiakCFOSell2,500$83.62$209,050.00View SEC Filing  
9/8/2015Bruce D PetersonSVPSell10,000$75.93$759,300.00View SEC Filing  
5/11/2015Gerard M AndersonCEOSell12,000$79.16$949,920.00View SEC Filing  
4/28/2015Peter B OleksiakCFOSell3,976$81.64$324,600.64View SEC Filing  
3/9/2015Lisa A MuschongInsiderSell1,171$78.60$92,040.60View SEC Filing  
3/6/2015Ruth G ShawDirectorBuy2,500$79.16$197,900.00View SEC Filing  
3/5/2015Naif A KhouriVPSell1,232$81.16$99,989.12View SEC Filing  
3/4/2015Bruce D PetersonSVPSell15,000$80.41$1,206,150.00View SEC Filing  
2/24/2015Larry E StewardVPSell15,000$84.57$1,268,550.00View SEC Filing  
2/23/2015Naif A KhouriVPSell1,142$83.61$95,482.62View SEC Filing  
1/3/2015David BrandonDirectorSell1,975$87.01$171,844.75View SEC Filing  
12/1/2014Naif A KhouriVPSell1,223$81.43$99,588.89View SEC Filing  
11/25/2014Gerard M AndersonCEOSell15,000$80.29$1,204,350.00View SEC Filing  
11/17/2014Naif A KhouriVPSell1,000$81.04$81,040.00View SEC Filing  
8/25/2014Gerard M AndersonCEOSell14,000$77.16$1,080,240.00View SEC Filing  
8/25/2014Gerardo NorciaInsiderSell7,480$77.42$579,101.60View SEC Filing  
8/21/2014Steven E KurmasCOOSell10,000$77.36$773,600.00View SEC Filing  
8/13/2014Naif A KhouriVPSell1,000$75.12$75,120.00View SEC Filing  
5/6/2014Gerard AndersonCEOSell10,000$77.78$777,800.00View SEC Filing  
4/29/2014Larry StewardVPSell10,000$78.00$780,000.00View SEC Filing  
3/10/2014Lisa MuschongInsiderSell1,411$70.26$99,136.86View SEC Filing  
3/7/2014Bruce PetersonSVPSell20,285$69.97$1,419,341.45View SEC Filing  
2/28/2014Gerard AndersonCEOSell20,000$71.73$1,434,600.00View SEC Filing  
2/25/2014Steven KurmasCOOSell20,000$72.09$1,441,800.00View SEC Filing  
2/21/2014Naif KhouriVPSell1,000$72.53$72,530.00View SEC Filing  
2/20/2014Gerardo NorciaInsiderSell40,000$72.30$2,892,000.00View SEC Filing  
11/20/2013Steven KurmasInsiderSell15,000$68.85$1,032,750.00View SEC Filing  
8/22/2013Gerard AndersonCEOSell15,000$66.86$1,002,900.00View SEC Filing  
5/23/2013Paul Christie HillegondsVPSell2,000$68.81$137,620.00View SEC Filing  
5/8/2013Gerard M AndersonCEOSell20,000$71.78$1,435,600.00View SEC Filing  
2/28/2013James Bruce NicholsonDirectorBuy1,500$66.59$99,885.00View SEC Filing  
2/26/2013Gerard M AndersonCEOSell20,000$65.91$1,318,200.00View SEC Filing  
2/25/2013David E MeadorCFOSell17,000$65.92$1,120,640.00View SEC Filing  
9/5/2012Paul Christie HillegondsVPSell3,000$59.14$177,420.00View SEC Filing  
8/27/2012James Bruce NicholsonDirectorBuy1,700$58.97$100,249.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for DTE Energy (NYSE:DTE)
DateHeadline
News IconIs DTE Energy Company (NYSE:DTE), a large market cap stock a smart buy? (NYSE:DTE)
twincountynews.com - September 28 at 4:33 PM
News IconDTE Energy to Acquire Midstream Assets for US$1.3 Billion (NYSE:DTE)
www.researz.com - September 28 at 4:33 PM
streetinsider.com logoDTE Energy (DTE) to Offer 12M Units (NYSE:DTE)
www.streetinsider.com - September 28 at 4:33 PM
News IconDTE Energy hires new CIO (NYSE:DTE)
www.pionline.com - September 28 at 4:33 PM
prnewswire.com logoDTE Energy's 'Care Force' volunteers log nearly 6,700 hours for first annual Month of Caring (NYSE:DTE)
www.prnewswire.com - September 28 at 4:33 PM
reuters.com logoBRIEF-DTE Energy reports equity units offering (NYSE:DTE)
www.reuters.com - September 28 at 4:33 PM
publicnow.com logoDTE Energy Announces Equity Units Offering (NYSE:DTE)
www.publicnow.com - September 28 at 4:33 PM
bloomberg.com logoDTE, Rice Drop After Billion-Dollar Bets on U.S. Shale Gas - Bloomberg (NYSE:DTE)
www.bloomberg.com - September 28 at 9:35 AM
capitalcube.com logoDTE Energy Co. breached its 50 day moving average in a Bearish Manner : DTE-US : September 28, 2016 (NYSE:DTE)
www.capitalcube.com - September 28 at 9:35 AM
bloomberg.com logoDTE, Rice Drop After Billion-Dollar Bets on U.S. Shale Gas (2) (NYSE:DTE)
washpost.bloomberg.com - September 27 at 4:42 PM
streetinsider.com logoDTE Energy (DTE) Ratings Placed on Review for Downgrade by Moody's (NYSE:DTE)
www.streetinsider.com - September 27 at 4:42 PM
News IconDTE Energy to Purchase Two Appalachian Midstream Systems For $1.3B (NYSE:DTE)
www.naturalgasintel.com - September 27 at 4:42 PM
News IconDTE Energy Buys Marcellus/Utica Pipelines for $1.3B (NYSE:DTE)
marcellusdrilling.com - September 27 at 4:42 PM
seekingalpha.com logoDTE Energy remains top pick at Macquarie following deals, higher guidance (NYSE:DTE)
seekingalpha.com - September 27 at 4:42 PM
finance.yahoo.com logoDTE Energy (DTE) to Acquire Gas Midstream Assets for $1.3B (NYSE:DTE)
finance.yahoo.com - September 27 at 4:42 PM
biz.yahoo.com logoDTE ENERGY CO Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:DTE)
biz.yahoo.com - September 27 at 4:42 PM
feeds.benzinga.com logoDTE Energy Is All Gassed Up, Raises Guidance (NYSE:DTE)
feeds.benzinga.com - September 27 at 3:16 PM
streetinsider.com logoDTE Energy (DTE) to Acquire Midstream Natural Gas Assets (NYSE:DTE)
www.streetinsider.com - September 27 at 9:17 AM
4-traders.com logoDTE ENERGY CO : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:DTE)
www.4-traders.com - September 27 at 9:17 AM
News Icon16th Annual Great Lakes Women's Business Conference (Sept. 27-28) (NYSE:DTE)
www.crainsdetroit.com - September 27 at 9:17 AM
bizjournals.com logoDTE Energy to acquire midstream assets in Marcellus Shale (NYSE:DTE)
www.bizjournals.com - September 27 at 9:17 AM
reuters.com logoBRIEF-Dte Energy to purchase natural gas midstream assets (NYSE:DTE)
www.reuters.com - September 27 at 9:17 AM
News IconDTE Energy Spending $1.3B For Natural Gas Assets In 2 States (NYSE:DTE)
detroit.cbslocal.com - September 27 at 9:17 AM
biz.yahoo.com logoDTE ENERGY CO Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (NYSE:DTE)
biz.yahoo.com - September 27 at 9:17 AM
wsj.com logo[$$] DTE to Buy $1.3 Billion in Midstream Natural Gas Assets (NYSE:DTE)
www.wsj.com - September 27 at 9:17 AM
seekingalpha.com logoDTE Energy to buy $1.3B in midstream natural gas assets (NYSE:DTE)
seekingalpha.com - September 26 at 5:46 PM
News IconAnalysts Valuations For Two Stocks: Netflix (NASDAQ:NFLX), DTE Energy (NYSE:DTE) - The Voice Registrar (NYSE:DTE)
voiceregistrar.com - September 26 at 4:52 PM
publicnow.com logoDTE Energy to purchase natural gas midstream assets (NYSE:DTE)
www.publicnow.com - September 26 at 4:52 PM
News IconAnn Arbor redevelopment could incorporate new train station (NYSE:DTE)
www.ctpost.com - September 26 at 9:25 AM
News IconRiverfront redevelopment in Ann Arbor could incorporate new train station (NYSE:DTE)
www.mlive.com - September 26 at 9:25 AM
News IconBig 3: Top events Saturday and Sunday (NYSE:DTE)
www.detroitnews.com - September 24 at 9:20 AM
News IconDetroit schools move to DTE Energy power grid, see fewer outages (NYSE:DTE)
www.elp.com - September 24 at 9:20 AM
News IconEnergy news driven by solar with a smattering of big wind (NYSE:DTE)
www.crainsdetroit.com - September 24 at 9:20 AM
News IconEnergy news driven by solar with a smattering of big wind - Crain's Detroit Business (blog) (NYSE:DTE)
www.crainsdetroit.com - September 23 at 4:28 PM
News IconAnalysts Valuations For Two Stocks: CSX Corporation (NASDAQ:CSX), DTE Energy Co (NYSE:DTE) - The Voice Registrar (NYSE:DTE)
voiceregistrar.com - September 23 at 4:28 PM
News IconSound Check: Brantley Gilbert at DTE, 5 things to know (NYSE:DTE)
www.theoaklandpress.com - September 23 at 9:45 AM
News IconElectric Utilities: DTE Energy Company (NYSE:DTE) Position of the day (NYSE:DTE)
twincountynews.com - September 23 at 9:45 AM
4-traders.com logoUnion Gas : Natural gas bills to rise as Ontario Energy Board approves rate increases (NYSE:DTE)
www.4-traders.com - September 22 at 4:49 PM
seekingalpha.com logoDTE Energy (DTE) CEO Gerard Anderson Hosts Investor Day - Slides (NYSE:DTE)
seekingalpha.com - September 22 at 4:49 PM
News IconAuthorities: Tree trimmer dies after fall (NYSE:DTE)
www.wnem.com - September 22 at 10:15 AM
News IconDTE says it’s back on track with Shores gas infrastructure upgrades (NYSE:DTE)
www.candgnews.com - September 22 at 10:15 AM
News IconBankole: Answering the call for heat, gas help (NYSE:DTE)
www.detroitnews.com - September 22 at 10:15 AM
finance.yahoo.com logoFed Holds Off Rate Hike for Now: Top 5 Gainers (NYSE:DTE)
finance.yahoo.com - September 22 at 10:15 AM
News IconCapac Road closed after semi snags power lines (NYSE:DTE)
www.thetimesherald.com - September 21 at 5:11 PM
News IconLeading stocks in today’s market: DTE Energy Company (NYSE:DTE) (NYSE:DTE)
twincountynews.com - September 21 at 5:11 PM
News IconDetroit Schools Experience 99% Fewer Closings with DTE Energy Power Grid (NYSE:DTE)
www.dbusiness.com - September 21 at 8:59 AM
News IconIs tech killing workplace productivity? (NYSE:DTE)
www.techrepublic.com - September 21 at 8:59 AM
News IconDTE Energy, DOE, Detroit break ground on Detroit solar power project (NYSE:DTE)
www.elp.com - September 21 at 8:59 AM
News IconDetroit Schools Convert To DTE Energy’s Power Grid; Closings Reduced By 99 Percent (NYSE:DTE)
detroit.cbslocal.com - September 21 at 8:59 AM
publicnow.com logoDetroit schools convert to DTE Energy's power grid and experience 99 percent fewer school closings (NYSE:DTE)
www.publicnow.com - September 21 at 8:59 AM

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DTE Energy (NYSE:DTE) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff