NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis $118.19 0.00 (0.00%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$117.00▼$119.3250-Day Range$108.61▼$118.1952-Week Range$90.14▼$120.54Volume1.67 million shsAverage Volume1.10 million shsMarket Capitalization$24.46 billionP/E Ratio19.34Dividend Yield3.45%Price Target$118.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get DTE Energy alerts: Email Address DTE Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside0.2% Upside$118.40 Price TargetShort InterestHealthy1.43% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.95Upright™ Environmental ScoreNews Sentiment0.88Based on 30 Articles This WeekInsider TradingSelling Shares$1.70 M Sold Last QuarterProj. Earnings Growth7.17%From $6.69 to $7.17 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.4.73 out of 5 starsUtilities Sector11th out of 90 stocksElectric Services Industry5th out of 43 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.Read more about DTE Energy's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.43% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently decreased by 13.49%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldDTE Energy pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDTE Energy has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 66.78%. 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 56.90% next year. This indicates that DTE Energy will be able to sustain or increase its dividend.Read more about DTE Energy's dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -45.52% 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 2.7 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.88. 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 0.39 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 30 news articles for DTE Energy this week, compared to 9 articles on an average week.Search InterestOnly 5 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 $1,702,444.00 in company stock.Percentage Held by InsidersOnly 0.61% 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.Read more about DTE Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.17% in the coming year, from $6.69 to $7.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 19.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 19.34, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.49.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.15. 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 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about DTE Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. 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 HeadlinesJuly 25 at 10:12 AM | markets.businessinsider.comDTE Energy Co Q2 Income Climbs, Beats EstimatesJuly 25 at 10:12 AM | msn.comDTE Energy GAAP EPS of $1.55 beats by $0.34July 27, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 25 at 7:21 AM | globenewswire.comDTE Energy reports second quarter 2024 accomplishments, earnings and investments in improving energy infrastructureJuly 25 at 5:10 AM | marketwatch.comDTE Energy Co. stock underperforms Wednesday when compared to competitors despite daily gainsJuly 24 at 1:06 PM | msn.comDTE Energy Q2 2024 Earnings PreviewJuly 24 at 8:04 AM | msn.comDetroit City Council debates length of solar initiative reviewJuly 24 at 7:26 AM | americanbankingnews.comKeyCorp Weighs in on DTE Energy's Q2 2024 Earnings (NYSE:DTE)July 27, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 23, 2024 | americanbankingnews.comDTE Energy (DTE) Scheduled to Post Earnings on ThursdayJuly 23, 2024 | americanbankingnews.comZacks Research Weighs in on DTE Energy's Q2 2024 Earnings (NYSE:DTE)July 22, 2024 | msn.comIsabella approves solar park farmland agreements, bondJuly 20, 2024 | americanbankingnews.comBrokerages Set DTE Energy (NYSE:DTE) Price Target at $116.78July 19, 2024 | msn.comNetflix Adds 8 Million Customers, Extending Lead Over RivalsJuly 18, 2024 | seekingalpha.comDTE Energy: Buy This Dividend Grower On Sale NowJuly 11, 2024 | globenewswire.comDTE Energy schedules second quarter 2024 earnings release, conference callJune 20, 2024 | globenewswire.comDTE Energy Board of Directors declares quarterly dividendJune 10, 2024 | reuters.comDTE Energy to build power storage center at former coal plant siteSee 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 7/15 Dividend6/17/2024Dividend Payable7/15/2024Last Earnings7/25/2024Today7/26/2024Next Earnings (Estimated)11/06/2024Fiscal 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$118.40 High Stock Price Target$133.00 Low Stock Price Target$106.00 Potential Upside/Downside-1.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio19.34 Forward P/E Ratio17.67 P/E Growth2.15Net Income$1.40 billion Net Margins10.36% Pretax Margin11.51% Return on Equity11.53% Return on Assets2.83% Debt Debt-to-Equity Ratio1.72 Current Ratio0.75 Quick Ratio0.54 Sales & Book Value Annual Sales$12.75 billion Price / Sales1.92 Cash Flow$13.84 per share Price / Cash Flow8.54 Book Value$53.60 per share Price / Book2.21Miscellaneous Outstanding Shares206,940,000Free Float205,675,000Market Cap$24.46 billion OptionableOptionable Beta0.66 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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 CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DPublic Service Enterprise GroupNYSE:PEGConsolidated EdisonNYSE:EDView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 317 shares on 7/26/2024Ownership: 0.076%State of Michigan Retirement SystemBought 100 shares on 7/26/2024Ownership: 0.027%Atlantic Edge Private Wealth Management LLCBought 169 shares on 7/26/2024Ownership: 0.003%TFG Advisers LLCSold 195 shares on 7/26/2024Ownership: 0.003%Salomon & Ludwin LLCSold 195 shares on 7/26/2024Ownership: 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 has a consensus rating of "Hold" with a consensus price target of $115.67, indicating potential stability and growth in the stock price. Recent insider buying and selling activities can provide insights into the company's performance and future prospects. Positive target price adjustments by various financial institutions, such as Morgan Stanley and KeyCorp, suggest confidence in the company's potential for growth. DTE Energy's Q3 2025 earnings forecast by Zacks Research indicates a positive outlook for the company's financial performance. The stock's 1-year high of $117.44 and market capitalization of $22.77 billion demonstrate a strong position in the market. Cons Investors should be bearish about investing in DTE Energy for these reasons: Some equities research analysts have issued a sell rating for the stock, indicating potential concerns about the company's performance. Lowered earnings per share estimates for Q3 2025 by Zacks Research may raise uncertainties about the company's financial health. Barclays and Scotiabank have adjusted price targets for DTE Energy, potentially signaling challenges or risks ahead. The stock's recent trading performance, with shares trading down, could be a cause for caution among investors. The company's net margin of 10.36% and return on equity of 11.53% may raise concerns about profitability and efficiency. 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 Monday, July 1, 2024. Please send any questions or comments about these DTE Energy pros and cons to contact@marketbeat.com. DTE Stock Analysis - Frequently Asked Questions How have DTE shares performed this year? DTE Energy's stock was trading at $110.26 at the start of the year. Since then, DTE stock has increased by 7.2% and is now trading at $118.19. View the best growth stocks for 2024 here. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) issued its quarterly earnings data on Thursday, July, 25th. The utilities provider reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.22. The utilities provider earned $2.88 billion during the quarter, compared to the consensus estimate of $2.65 billion. DTE Energy had a net margin of 10.36% and a trailing twelve-month return on equity of 11.53%. 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. Who are DTE Energy's major shareholders? Top institutional investors of DTE Energy include Bank of New York Mellon Corp (0.68%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Raymond James & Associates (0.15%) and New York State Teachers Retirement System (0.10%). Insiders that own company stock include Trevor F Lauer, Mark W Stiers, Robert A Richard, Gerard M Anderson, Joann Chavez, Joi M Harris, Matthew T Paul, Lisa A Muschong and Tracy J Myrick. 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. What other stocks do shareholders of DTE Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that DTE Energy investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ) and AbbVie (ABBV). This page (NYSE:DTE) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". 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