NYSE:DTE - DTE Energy Stock Price, News, & Analysis

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$113.62 +0.44 (+0.39 %)
(As of 08/20/2018 06:38 AM ET)
Previous Close$113.18
Today's Range$112.80 - $114.1150
52-Week Range$94.25 - $116.74
Volume1.38 million shs
Average Volume1.27 million shs
Market Capitalization$20.06 billion
P/E Ratio20.33
Dividend Yield3.14%
Beta0.15
DTE Energy logoDTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 692 distribution substations and 440,500 line transformers. Its Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers in Michigan, as well as the sells storage and transportation capacity. This segment has approximately 19,500 miles of distribution mains; 1,216,000 service pipelines; and 1,262,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems, and compression and surface facilities, as well as has ownership interests in interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment provides metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. It also owns and operates 5 renewable generating plants with a capacity of 217 MWs; 21 landfill gas recovery sites; and 11 reduced emissions fuel facilities. The company's Energy Trading segment is involved in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. DTE Energy Company was founded in 1903 and is headquartered in Detroit, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:DTE
CUSIP23333110
Phone313-235-4000

Debt

Debt-to-Equity Ratio1.23
Current Ratio1.16
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio20.33
Forward P/E Ratio18.44
P/E Growth3.36

Sales & Book Value

Annual Sales$12.61 billion
Price / Sales1.64
Cash Flow$11.96 per share
Price / Cash9.50
Book Value$55.69 per share
Price / Book2.04

Profitability

EPS (Most Recent Fiscal Year)$5.59
Net Income$1.13 billion
Net Margins8.58%
Return on Equity10.63%
Return on Assets3.19%

Miscellaneous

Employees10,200
Outstanding Shares181,770,000
Market Cap$20.06 billion

DTE Energy (NYSE:DTE) Frequently Asked Questions

What is DTE Energy's stock symbol?

DTE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTE."

How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy?

DTE Energy announced a quarterly dividend on Thursday, June 21st. Stockholders of record on Monday, September 17th will be paid a dividend of $0.8825 per share on Monday, October 15th. This represents a $3.53 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Friday, September 14th. View DTE Energy's Dividend History.

How were DTE Energy's earnings last quarter?

DTE Energy Co (NYSE:DTE) released its earnings results on Wednesday, July, 25th. The utilities provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.13 by $0.23. The utilities provider earned $3.16 billion during the quarter, compared to analysts' expectations of $2.57 billion. DTE Energy had a return on equity of 10.63% and a net margin of 8.58%. During the same quarter in the previous year, the firm posted $1.07 earnings per share. View DTE Energy's Earnings History.

When is DTE Energy's next earnings date?

DTE Energy is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for DTE Energy.

What guidance has DTE Energy issued on next quarter's earnings?

DTE Energy issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided EPS guidance of $5.94-6.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.79.

What price target have analysts set for DTE?

11 equities research analysts have issued twelve-month target prices for DTE Energy's stock. Their predictions range from $103.00 to $121.00. On average, they expect DTE Energy's share price to reach $112.1818 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for DTE Energy.

What is the consensus analysts' recommendation for DTE Energy?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DTE Energy.

Who are some of DTE Energy's key competitors?

Who are DTE Energy's key executives?

DTE Energy's management team includes the folowing people:
  • Mr. Gerard M. Anderson, Chairman & CEO (Age 59)
  • Mr. Gerardo Norcia, Pres & COO (Age 55)
  • Mr. Peter B. Oleksiak, Sr. VP & CFO (Age 52)
  • Mr. David Earl Meador, Vice Chairman & Chief Admin. Officer (Age 61)
  • Ms. Angela Buk, Chief Investment Officer

Has DTE Energy been receiving favorable news coverage?

Headlines about DTE stock have trended somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DTE Energy earned a coverage optimism score of 0.13 on Accern's scale. They also gave media headlines about the utilities provider an impact score of 47.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for DTE Energy.

Who are DTE Energy's major shareholders?

DTE Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.12%), Renaissance Technologies LLC (1.39%), Victory Capital Management Inc. (0.97%), Legal & General Group Plc (0.96%), Boston Partners (0.91%) and Duff & Phelps Investment Management Co. (0.69%). Company insiders that own DTE Energy stock include Bruce D Peterson, David A Thomas, David Ruud, Gerard M Anderson, Gerardo Norcia, Larry E Steward, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak, Steven E Kurmas and Trevor F Lauer. View Institutional Ownership Trends for DTE Energy.

Which major investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Janus Henderson Group PLC, Millennium Management LLC, Renaissance Technologies LLC, Bank of Montreal Can, Morgan Stanley, Bank of Nova Scotia and Great West Life Assurance Co. Can. Company insiders that have sold DTE Energy company stock in the last year include David Ruud, Gerard M Anderson, Lisa A Muschong, Peter B Oleksiak and Trevor F Lauer. View Insider Buying and Selling for DTE Energy.

Which major investors are buying DTE Energy stock?

DTE stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Legal & General Group Plc, California Public Employees Retirement System, First Trust Advisors LP, State of Alaska Department of Revenue, Victory Capital Management Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Swiss National Bank. View Insider Buying and Selling for DTE Energy.

How do I buy shares of DTE Energy?

Shares of DTE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is DTE Energy's stock price today?

One share of DTE stock can currently be purchased for approximately $113.62.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $20.06 billion and generates $12.61 billion in revenue each year. The utilities provider earns $1.13 billion in net income (profit) each year or $5.59 on an earnings per share basis. DTE Energy employs 10,200 workers across the globe.

How can I contact DTE Energy?

DTE Energy's mailing address is One Energy Plaza, Detroit MI, 48226. The utilities provider can be reached via phone at 313-235-4000 or via email at [email protected]


MarketBeat Community Rating for DTE Energy (NYSE DTE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  652
MarketBeat's community ratings are surveys of what our community members think about DTE Energy and other stocks. Vote "Outperform" if you believe DTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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