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DTE Energy Stock Price, Forecast & Analysis (NYSE:DTE)

$123.50
-0.34 (-0.27 %)
(As of 11/19/2019 07:36 AM ET)
Today's Range
$123.21
Now: $123.50
$124.93
50-Day Range
$120.22
MA: $127.41
$133.00
52-Week Range
$107.22
Now: $123.50
$134.37
Volume1.10 million shs
Average Volume1.55 million shs
Market Capitalization$23.38 billion
P/E Ratio19.60
Dividend Yield3.05%
Beta0.18
DTE 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. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP23333110
Phone313-235-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.21 billion
Cash Flow$12.67 per share
Book Value$58.91 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees10,600
Market Cap$23.38 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 Monday, October 28th. Stockholders of record on Monday, December 16th will be given a dividend of $1.013 per share on Wednesday, January 15th. This represents a $4.05 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Friday, December 13th. This is an increase from DTE Energy's previous quarterly dividend of $0.95. View DTE Energy's Dividend History.

How were DTE Energy's earnings last quarter?

DTE Energy Co (NYSE:DTE) released its earnings results on Monday, October, 28th. The utilities provider reported $1.91 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.00 by $0.09. The utilities provider earned $3.12 billion during the quarter, compared to analyst estimates of $3.65 billion. DTE Energy had a return on equity of 9.93% and a net margin of 8.24%. During the same quarter in the prior year, the business earned $2.13 EPS. 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 Thursday, February 6th 2020. View Earnings Estimates for DTE Energy.

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

DTE Energy updated its FY 2020 Pre-Market earnings guidance on Monday, October, 28th. The company provided earnings per share (EPS) guidance of $$6.47-6.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $$6.59.

What price target have analysts set for DTE?

12 brokers have issued 12-month target prices for DTE Energy's stock. Their forecasts range from $117.00 to $145.00. On average, they expect DTE Energy's stock price to reach $129.55 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for DTE Energy.

What is the consensus analysts' recommendation for DTE Energy?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DTE Energy.

Has DTE Energy been receiving favorable news coverage?

Media headlines about DTE stock have trended very negative this week, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DTE Energy earned a news sentiment score of -3.9 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for DTE Energy.

Are investors shorting DTE Energy?

DTE Energy saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,870,000 shares, a decline of 52.5% from the September 15th total of 6,040,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.6% of the company's shares are sold short. View DTE Energy's Current Options Chain.

Who are some of DTE Energy's key competitors?

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 Ford Motor (F), AT&T (T), Dow Chemical (DOW), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Duke Energy (DUK), Verizon Communications (VZ), Boeing (BA), Delta Air Lines (DAL) and Netflix (NFLX).

Who are DTE Energy's key executives?

DTE Energy's management team includes the folowing people:
  • Mr. Gerard M. Anderson, Chairman & CEO (Age 60)
  • Mr. Gerardo Norcia, Pres & COO (Age 56)
  • Mr. Peter B. Oleksiak, Sr. VP & CFO (Age 53)
  • Mr. David Earl Meador, Vice Chairman & Chief Admin. Officer (Age 62)
  • Mr. Trevor F. Lauer, Pres & COO of DTE Electric Company (Age 55)

Who are DTE Energy's major shareholders?

DTE Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.78%), Duff & Phelps Investment Management Co. (0.55%), Robeco Institutional Asset Management B.V. (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), First Trust Advisors LP (0.37%) and Rhumbline Advisers (0.20%). Company insiders that own DTE Energy stock include David Ruud, Gary Torgow, Gerard M Anderson, Jeffrey A Jewell, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak, Ruth G Shaw and Trevor F Lauer. View Institutional Ownership Trends for DTE Energy.

Which institutional investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of Alaska Department of Revenue, Mackay Shields LLC, SG Americas Securities LLC, Robeco Institutional Asset Management B.V., State of Tennessee Treasury Department, Assenagon Asset Management S.A. and Hennessy Advisors Inc.. Company insiders that have sold DTE Energy company stock in the last year include Gerard M Anderson, Jeffrey A Jewell, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak and Trevor F Lauer. View Insider Buying and Selling for DTE Energy.

Which institutional investors are buying DTE Energy stock?

DTE stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Strs Ohio, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Unigestion Holding SA, Teacher Retirement System of Texas, Payden & Rygel and First Trust Advisors LP. Company insiders that have bought DTE Energy stock in the last two years include Gary Torgow and Ruth G Shaw. 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, Robinhood, Fidelity and Charles Schwab.

What is DTE Energy's stock price today?

One share of DTE stock can currently be purchased for approximately $123.50.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $23.38 billion and generates $14.21 billion in revenue each year. The utilities provider earns $1.12 billion in net income (profit) each year or $6.30 on an earnings per share basis. DTE Energy employs 10,600 workers across the globe.View Additional Information About DTE Energy.

What is DTE Energy's official website?

The official website for DTE Energy is http://www.dteenergy.com/.

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:  371 (Vote Outperform)
Underperform Votes:  466 (Vote Underperform)
Total Votes:  837
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 11/19/2019 by MarketBeat.com Staff

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