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

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$118.74 -1.13 (-0.94 %)
(As of 12/13/2018 01:42 AM ET)
Previous Close$119.87
Today's Range$118.72 - $120.64
52-Week Range$94.25 - $121.00
Volume1.45 million shs
Average Volume1.25 million shs
Market Capitalization$21.74 billion
P/E Ratio21.24
Dividend Yield2.96%
Beta0.07
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. 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
Current SymbolNYSE:DTE
Previous Symbol
CUSIP23333110
Phone313-235-4000

Debt

Debt-to-Equity Ratio1.27
Current Ratio1.47
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio21.24
Forward P/E Ratio18.85
P/E Growth3.16

Sales & Book Value

Annual Sales$12.61 billion
Price / Sales1.71
Cash Flow$11.5394 per share
Price / Cash Flow10.29
Book Value$55.69 per share
Price / Book2.13

Profitability

EPS (Most Recent Fiscal Year)$5.59
Net Income$1.13 billion
Net Margins8.85%
Return on Equity11.61%
Return on Assets3.50%

Miscellaneous

Employees10,200
Outstanding Shares181,930,000
Market Cap$21.74 billion
OptionableOptionable

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 Friday, November 9th. Investors of record on Monday, December 17th will be given a dividend of $0.945 per share on Tuesday, January 15th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, December 14th. This is a positive change from DTE Energy's previous quarterly dividend of $0.88. View DTE Energy's Dividend History.

How were DTE Energy's earnings last quarter?

DTE Energy Co (NYSE:DTE) posted its quarterly earnings data on Wednesday, October, 24th. The utilities provider reported $2.13 EPS for the quarter, beating the Zacks' consensus estimate of $1.74 by $0.39. The utilities provider had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.29 billion. DTE Energy had a return on equity of 11.61% and a net margin of 8.85%. During the same period last year, the firm earned $1.48 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 Friday, February 15th 2019. View Earnings Estimates for DTE Energy.

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

DTE Energy updated its FY19 earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $5.97-6.33 for the period, compared to the Thomson Reuters consensus estimate of $6.27. DTE Energy also updated its FY18 guidance to $6.12-6.48 EPS.

What price target have analysts set for DTE?

11 analysts have issued 1-year price objectives for DTE Energy's shares. Their predictions range from $105.00 to $120.00. On average, they expect DTE Energy's share price to reach $114.00 in the next year. This suggests that the stock has a possible downside of 4.0%. 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, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DTE Energy.

Has DTE Energy been receiving favorable news coverage?

Press coverage about DTE stock has been trending very positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. DTE Energy earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news 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 impact on the stock's share price in the next several days.

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

Who are DTE Energy's major shareholders?

DTE Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.91%), Capital World Investors (8.94%), BlackRock Inc. (8.04%), Renaissance Technologies LLC (1.63%), Victory Capital Management Inc. (0.97%) and Franklin Resources Inc. (0.93%). Company insiders that own DTE Energy stock include Bruce D Peterson, David A Thomas, David Ruud, Gerard M Anderson, Gerardo Norcia, Jeffrey A Jewell, 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 institutional investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Janus Henderson Group PLC, Mitsubishi UFJ Trust & Banking Corp, Canada Pension Plan Investment Board, TIAA CREF Investment Management LLC, BlackRock Inc., Legal & General Group Plc and Jennison Associates LLC. Company insiders that have sold DTE Energy company stock in the last year include David Ruud, Gerard M Anderson, Jeffrey A Jewell, Lisa A Muschong, 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 purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Renaissance Technologies LLC, Morgan Stanley, Vanguard Group Inc., Glenmede Trust Co. NA, Banco Santander S.A., Rothschild & Co. Asset Management US Inc. and Deutsche Bank AG. 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 $118.74.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $21.74 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.

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:  312 (Vote Outperform)
Underperform Votes:  405 (Vote Underperform)
Total Votes:  717
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 12/13/2018 by MarketBeat.com Staff

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