About DTE Energy Company
DTE Energy Company (DTE Energy) is a diversified energy company. The Company's utility operations consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan. Its Gas segment consists principally of DTE Gas, a natural gas utility engaged in the purchase, storage, transportation, distribution and sale of natural gas in Michigan, and the sale of storage and transportation capacity. It has midstream natural gas assets in Pennsylvania and West Virginia. It holds interests in Appalachia Gathering System (AGS) and Stonewall Gas Gathering (SGG) assets. It 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
- Previous Close: $100.08
- 50 Day Moving Average: $98.26
- 200 Day Moving Average: $95.38
- 52-Week Range: $81.75 - $100.45
- Trailing P/E Ratio: 20.72
- Foreward P/E Ratio: 17.59
- P/E Growth: 3.70
- Market Cap: $17.96B
- Outstanding Shares: 179,432,000
- Beta: 0.2
- Net Margins: 8.17%
- Return on Equity: 10.44%
- Return on Assets: 3.20%
Companies Related to DTE Energy Company:
- Debt-to-Equity Ratio: 1.19%
- Current Ratio: 1.13%
- Quick Ratio: 0.82%
What is DTE Energy Company's stock symbol?
DTE Energy Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTE."
How often does DTE Energy Company pay dividends? What is the dividend yield for DTE Energy Company?
DTE Energy Company declared a quarterly dividend on Friday, February 3rd. Stockholders of record on Monday, March 20th will be paid a dividend of $0.825 per share on Saturday, April 15th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Thursday, March 16th.
Where is DTE Energy Company's stock going? Where will DTE Energy Company's stock price be in 2017?
8 analysts have issued twelve-month price targets for DTE Energy Company's stock. Their predictions range from $90.00 to $109.00. On average, they anticipate DTE Energy Company's stock price to reach $102.57 in the next year.
When will DTE Energy Company announce their earnings?
DTE Energy Company is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about DTE Energy Company stock?
Here are some recent quotes from research analysts about DTE Energy Company stock:
- Jefferies Group LLC analysts commented, "DTE reported 4Q16 EPS of $0.81 vs our estimate of $0.90, consensus of $0.85, and $1.01 last year. NEXUS is still expected to go in service in 4Q17, and the company is hopeful for a speedy confirmation of a new FERC commissioner. We are unsure what the construction timeline looks like, but management stated they will be able to build multiple miles a day. DTE expects that tax reform will not affect the company's 5%-7% guidance EPS growth rate." (2/10/2017)
According to Zacks Investment Research, "DTE Energy’s share price has outperformed the Zacks Categorized Utility-Electric power industry price in the last one year backed by its focus on improving its cost structure and making capital investments in renewable generation, utility infrastructure, environmental compliance assets and reliability of the electric utility systems. Over the long term, it has plans for billions of dollars worth of capital investment through 2020 to drive growth. Further, the company raised its capital expenditure expectation for 2016 by $1.1 billion, reflecting improvement along the path of investment. However, the current macro backdrop, characterized by low natural gas prices and a slowly evolving U.S. economy, may pose challenges for GS&P and P&I to achieve earnings targets. Again, increasingly stringent government regulations for curbing emissions, dependence on electric and gas rates fixed by three MPSC and the FERC are major concerns." (1/24/2017)
Macquarie analysts commented, "We see these assets as attractive strategically given their location, contracts, diversified list of customers, potential for expansion and interconnection with DTE's existing systems," analyst Andrew Weisel wrote in a note."We estimate these deals will add US$0.04/sh (+0.8 percent) in '17 and US$0.15/sh (+2.3 percent) by '20, ahead of DTE guidance of US$0.10. We assume a 50/50 debt/equity mix, 12 percent IRR and 10 percent annual growth," (9/27/2016)
Who owns DTE Energy Company stock?
DTE Energy Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.15%), AQR Capital Management LLC (1.57%), FMR LLC (1.49%), Franklin Resources Inc. (1.04%), Renaissance Technologies LLC (0.85%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.81%). Company insiders that own DTE Energy Company stock include Bruce D Peterson, David A Thomas, David E Meador, David Ruud, Gail J Mcgovern, Gerard M Anderson, Larry E Steward, Lisa A Muschong, Naif A Khouri, Peter B Oleksiak, Ruth G Shaw and Steven E Kurmas.
Who sold DTE Energy Company stock? Who is selling DTE Energy Company stock?
DTE Energy Company's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Credit Agricole S A, FMR LLC, Numeric Investors LLC, Employees Retirement System of Texas, Systematic Financial Management LP, Allianz Asset Management AG and Tudor Investment Corp Et Al. Company insiders that have sold DTE Energy Company stock in the last year include Bruce D Peterson, David E Meador, Gail J Mcgovern, Gerard M Anderson, Larry E Steward, Lisa A Muschong and Steven E Kurmas.
Who bought DTE Energy Company stock? Who is buying DTE Energy Company stock?
DTE Energy Company's stock was purchased by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, AQR Capital Management LLC, Renaissance Technologies LLC, Asset Management One Co. Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Russell Investments Group Ltd., Thrivent Financial for Lutherans and Zurich Insurance Group Ltd FI. Company insiders that have bought DTE Energy Company stock in the last two years include David A Thomas and Ruth G Shaw.
How do I buy DTE Energy Company stock?
Shares of DTE Energy Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of DTE Energy Company stock cost?
One share of DTE Energy Company stock can currently be purchased for approximately $100.08.