NYSE:DTE DTE Energy - DTE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DTE Energy Please log in to your account or sign up in order to add this asset to your watchlist. $116.19 -0.18 (-0.15%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$115.03▼$116.8750-Day Range$112.56▼$120.7252-Week Range$100.64▼$140.23Volume1.49 million shsAverage Volume962,215 shsMarket Capitalization$22.51 billionP/E Ratio20.10Dividend Yield3.33%Price Target$130.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DTE Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.8% Upside$129.92 Price TargetShort InterestHealthy1.05% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.51Upright™ Environmental ScoreNews Sentiment0.22Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth4.00%From $6.00 to $6.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.66 out of 5 starsUtilities Sector35th out of 84 stocksElectric Services Industry17th out of 40 stocks 3.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $129.92, DTE Energy has a forecasted upside of 11.8% from its current price of $116.19.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. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.05% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently increased by 7.37%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDTE Energy pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDTE Energy has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 65.92%. 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 61.06% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -45.09% net impact score from Upright. The largest negative impact of DTE Energy in category "GHG emissions" seems to be driven mostly by its "Electricity produced with coal", "Natural gas distribution services", and "Electricity distribution services of electricity produced with fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for DTE Energy is -6.51. Previous Next 2.9 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.22. 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 lower news sentiment than the 0.41 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 11 news articles for DTE Energy this week, compared to 6 articles on an average week.Search Interest20 people have searched for DTE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DTE Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of DTE Energy is held by insiders.Percentage Held by Institutions74.55% of the stock of DTE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 4.00% in the coming year, from $6.00 to $6.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 20.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.09.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 20.10, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.11.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 3.05. 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 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DTE Energy (NYSE:DTE) StockDTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment composed of various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional developmRead More 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 DTE Stock News HeadlinesFebruary 2, 2023 | americanbankingnews.comMorgan Stanley Cuts DTE Energy (NYSE:DTE) Price Target to $130.00February 1, 2023 | finance.yahoo.comSpire (SR) Beats Q1 Earnings & Sales Estimates, Ups 2023 ViewFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 30, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Utilities Stocks: Chevron (CVX), DTE Energy (DTE)January 30, 2023 | finance.yahoo.com10 Most Undervalued Utility Stocks To Buy According To Hedge FundsJanuary 27, 2023 | americanbankingnews.comDTE Energy (NYSE:DTE) PT Raised to $131.00 at Morgan StanleyJanuary 26, 2023 | msn.com5K Without Power In Metro Detroit After SnowstormJanuary 25, 2023 | marketwatch.comDTE Energy Co. stock outperforms market despite losses on the dayFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 24, 2023 | marketwatch.comDTE Energy Co. stock underperforms Tuesday when compared to competitorsJanuary 23, 2023 | finance.yahoo.comNew skilled-trade academy offers Detroiters jobs and energy efficient home repairsJanuary 19, 2023 | finance.yahoo.comDTE Energy reduces natural gas rate, saving customers money on their heating billsJanuary 13, 2023 | finance.yahoo.comDTE Energy schedules full year 2022 earnings release, conference callJanuary 11, 2023 | marketwatch.comSmart Gas Solutions Market 2023 : Trends, Industry Structure, Development, Demographics, Developing Factors By 2029January 6, 2023 | foxnews.comMI energy company's rehabilitative program teaches inmates to climb trees, cut around power linesJanuary 6, 2023 | abcnews.go.comMichigan program trains prisoners to trim around power linesJanuary 5, 2023 | finance.yahoo.comDTE Energy Company's (NYSE:DTE) Intrinsic Value Is Potentially 24% Below Its Share PriceJanuary 3, 2023 | powermag.comExperts Explain: Digital TwinsDecember 29, 2022 | msn.comMI Officials Reject DTE Proposal To Allow Customers To Pay EarlyDecember 8, 2022 | msn.comDearborn Heights Mayor Bill Bazzi is fighting to remove unwanted poles from residencesDecember 8, 2022 | seekingalpha.comDTE Energy raised at Wolfe after Michigan rate order sent shares lowerDecember 8, 2022 | finance.yahoo.comDTE Energy sets 2023 annual meeting dateDecember 7, 2022 | finance.yahoo.comBiden Seeks Fossil Fuel-Free Federal Buildings in Hit to GasDecember 5, 2022 | finance.yahoo.comBoasting A 12% Return On Equity, Is DTE Energy Company (NYSE:DTE) A Top Quality Stock?December 2, 2022 | benzinga.comShort Volatility Alert: Dte Energy CoNovember 25, 2022 | seekingalpha.comDTE Energy: A Pricey Valuation With Limited Growth ProspectsNovember 24, 2022 | finance.yahoo.comDTE Energy Company: Reaffirming BUY and $140 targetSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 DTE Company Calendar Last Earnings10/26/2021Ex-Dividend for 1/15 Dividend12/16/2022Dividend Payable1/15/2023Today2/02/2023Next Earnings (Confirmed)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:DTE CUSIP23333110 CIK936340 Webwww.dteenergy.com Phone(313) 235-4000Fax313-235-6743Employees10,300Year Founded1995Price Target and Rating Average Stock Price Forecast$129.92 High Stock Price Forecast$140.00 Low Stock Price Forecast$122.00 Forecasted Upside/Downside+12.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.78 Trailing P/E Ratio20.10 Forward P/E Ratio19.37 P/E Growth3.05Net Income$907 million Net Margins5.79% Pretax Margin5.73% Return on Equity12.90% Return on Assets2.77% Debt Debt-to-Equity Ratio1.94 Current Ratio0.79 Quick Ratio0.60 Sales & Book Value Annual Sales$14.96 billion Price / Sales1.50 Cash Flow$14.05 per share Price / Cash Flow8.27 Book Value$44.98 per share Price / Book2.58Miscellaneous Outstanding Shares193,740,000Free Float192,560,000Market Cap$22.51 billion OptionableOptionable Beta0.58 Social Links Key ExecutivesJerry NorciaChairman & Chief Executive OfficerDavid RuudChief Financial Officer & Senior Vice PresidentSteven B. AmbroseChief Information Officer & Vice PresidentRobert A. RichardExecutive Vice President-IT & Customer ServicePaula SilverSenior Vice PresidentKey CompetitorsCenterPoint EnergyNYSE:CNPDominion EnergyNYSE:DEntergyNYSE:ETRPPLNYSE:PPLFirstEnergyNYSE:FEView All CompetitorsInsiders & InstitutionsNew Mexico Educational Retirement BoardSold 600 shares on 2/1/2023Ownership: 0.005%Janney Montgomery Scott LLCBought 958 shares on 2/1/2023Ownership: 0.004%TFG Advisers LLCSold 102 shares on 2/1/2023Ownership: 0.003%Pinnacle Associates Ltd.Sold 263 shares on 2/1/2023Ownership: 0.003%Gladstone Institutional Advisory LLCSold 156 shares on 2/1/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions DTE Stock - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DTE shares. View DTE analyst ratings or view top-rated stocks. What is DTE Energy's stock price forecast for 2023? 9 equities research analysts have issued twelve-month price objectives for DTE Energy's shares. Their DTE share price forecasts range from $122.00 to $140.00. On average, they anticipate the company's stock price to reach $129.92 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View analysts price targets for DTE or view top-rated stocks among Wall Street analysts. How have DTE shares performed in 2023? DTE Energy's stock was trading at $117.53 at the beginning of the year. Since then, DTE stock has decreased by 1.1% and is now trading at $116.19. View the best growth stocks for 2023 here. Are investors shorting DTE Energy? DTE Energy saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,040,000 shares, an increase of 7.4% from the December 31st total of 1,900,000 shares. Based on an average trading volume of 1,440,000 shares, the days-to-cover ratio is presently 1.4 days. View DTE Energy's Short Interest. When is DTE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our DTE earnings forecast. How can I listen to DTE Energy's earnings call? DTE Energy will be holding an earnings conference call on Thursday, February 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) announced its earnings results on Tuesday, October, 26th. The utilities provider reported $1.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by $0.11. The utilities provider had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.35 billion. DTE Energy had a trailing twelve-month return on equity of 12.90% and a net margin of 5.79%. During the same quarter last year, the business posted $2.61 EPS. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy announced a quarterly dividend on Thursday, November 10th. Investors of record on Monday, December 19th will be given a dividend of $0.952 per share on Sunday, January 15th. This represents a $3.81 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Friday, December 16th. This is a positive change from the stock's previous quarterly dividend of $0.89. Read our dividend analysis for DTE. Is DTE Energy a good dividend stock? DTE Energy (NYSE:DTE) pays an annual dividend of $3.81 per share and currently has a dividend yield of 3.33%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 61.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTE. What guidance has DTE Energy issued on next quarter's earnings? DTE Energy issued an update on its FY 2023 earnings guidance on Sunday, December, 11th. The company provided EPS guidance of $6.09-$6.40 for the period, compared to the consensus estimate of $6.27. The company issued revenue guidance of -. 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. 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 AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Procter & Gamble (PG), Boeing (BA) and Walt Disney (DIS). What is DTE Energy's stock symbol? DTE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTE." Who are DTE Energy's major shareholders? DTE Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.32%), Calamos Advisors LLC (0.18%), Allspring Global Investments Holdings LLC (0.15%), Bank of Montreal Can (0.13%), New York State Teachers Retirement System (0.13%) and New York State Common Retirement Fund (0.12%). Insiders that own company stock include David A Thomas, Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, Mark C Rolling, Peter B Oleksiak, Robert A Richard, Tracy J Myrick and Trevor F Lauer. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is DTE Energy's stock price today? One share of DTE stock can currently be purchased for approximately $116.19. How much money does DTE Energy make? DTE Energy (NYSE:DTE) has a market capitalization of $22.51 billion and generates $14.96 billion in revenue each year. The utilities provider earns $907 million in net income (profit) each year or $5.78 on an earnings per share basis. How many employees does DTE Energy have? The company employs 10,300 workers across the globe. How can I contact DTE Energy? DTE Energy's mailing address is One Energy Plaza, Detroit MI, 48226. The official website for the company is www.dteenergy.com. The utilities provider can be reached via phone at (313) 235-4000, via email at investor_relations@dteenergy.com, or via fax at 313-235-6743. This page (NYSE:DTE) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.