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.
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Industry, Sector and Symbol
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
Phone313-235-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.21 billion
Profitability
Miscellaneous
Employees10,600
Next Earnings Date10/23/2019 (Estimated)
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 declared a quarterly dividend on Thursday, June 20th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.945 per share on Tuesday, October 15th. This represents a $3.78 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Friday, September 13th. View DTE Energy's Dividend History.
How were DTE Energy's earnings last quarter?
DTE Energy Co (NYSE:DTE) issued its quarterly earnings results on Wednesday, July, 24th. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by $0.10. The utilities provider had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.98 billion. DTE Energy had a net margin of 8.09% and a return on equity of 10.33%. During the same quarter in the prior year, the firm posted $1.36 earnings per share. View DTE Energy's Earnings History.
When is DTE Energy's next earnings date?
What guidance has DTE Energy issued on next quarter's earnings?
DTE Energy issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $6.02-6.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.24.
What price target have analysts set for DTE?
11 equities research analysts have issued 1 year target prices for DTE Energy's shares. Their forecasts range from $117.00 to $136.00. On average, they anticipate DTE Energy's share price to reach $125.30 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. 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 2 sell ratings, 6 hold ratings and 3 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?
News stories about DTE stock have trended positive on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DTE Energy earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for DTE Energy.
Who are some of DTE Energy's key competitors?
Some companies that are related to DTE Energy include Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), CLP (CLPHY), Edison International (EIX), Eversource Energy (ES), FirstEnergy (FE), Entergy (ETR), PPL (PPL), Tenaga Nasional Bhd (TNABY), Fortis (FTS), Avangrid (AGR), CENTRAIS ELETRI/S (EBR.B) and CenterPoint Energy (CNP).
What other stocks do shareholders of DTE Energy own?
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 Vanguard Group Inc. (11.57%), BlackRock Inc. (8.51%), Northern Trust Corp (1.35%), Invesco Ltd. (0.96%), Victory Capital Management Inc. (0.93%) and AQR Capital Management LLC (0.92%). Company insiders that own DTE Energy stock include David Ruud, 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 Renaissance Technologies LLC, Hexavest Inc., Canada Pension Plan Investment Board, Janus Henderson Group PLC, Janus Henderson Group PLC, Man Group plc, Jennison Associates LLC and Jennison Associates LLC. 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 BlackRock Inc., Nuveen Asset Management LLC, LSV Asset Management, Vanguard Group Inc., California Public Employees Retirement System, AQR Capital Management LLC, First Trust Advisors LP and APG Asset Management N.V.. 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 $130.25.
How big of a company is DTE Energy?
DTE Energy has a market capitalization of $23.88 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?
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)
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.
