DTE Energy Company Company Profile (NYSE:DTE)

DTE Energy Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTE."

DTE Energy Company announced a quarterly dividend on Thursday, June 22nd. Shareholders of record on Monday, September 18th will be given a dividend of $0.825 per share on Sunday, October 15th. This represents a $3.30 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Friday, September 15th. View DTE Energy Company's Dividend History.

DTE Energy Company (NYSE:DTE) announced its earnings results on Wednesday, April, 26th. The company reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. The business earned $3.24 billion during the quarter, compared to analysts' expectations of $2.93 billion. DTE Energy Company had a net margin of 9.04% and a return on equity of 10.74%. The business's revenue was up 26.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.52 earnings per share. View DTE Energy Company's Earnings History.

DTE Energy Company updated its FY17 earnings guidance on Tuesday, May, 16th. The company provided EPS guidance of $5.15-5.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.33.

7 brokerages have issued 12 month price objectives for DTE Energy Company's shares. Their predictions range from $99.00 to $117.00. On average, they expect DTE Energy Company's stock price to reach $106.86 in the next year. View Analyst Ratings for DTE Energy Company.

Here are some recent quotes from research analysts about DTE Energy Company stock:

• 1. According to Zacks Investment Research, "DTE Energy’s focus on improving its cost structure and making capital investments in renewable generation, utility infrastructure, environmental compliance assets and reliability of its electric utility systems is appreciable. In addition, the company is focused on its gas pipeline integrity projects. It is also investing steadily to enhance its renewable generation assets. Moreover, DTE Energy’s share price outperformed the Zacks categorized Utility-Electric power industry’s gain. DTE Energy continues to make progress on its non-utility business, which provides diversity to its earnings stream and expects to invest $2.2 to $2.8 billion over the 2017–2021 period. That said increasingly stringent government regulations for curbing emissions and operational risks are major causes of concern." (4/12/2017)
• 2. Jefferies Group LLC analysts commented, "DTE reported 4Q16 EPS of $0.81 vs our estimate of $0.90, consensus of $0.85, and $1.01 last year. NEXUS is still expected to go in service in 4Q17, and the company is hopeful for a speedy confirmation of a new FERC commissioner. We are unsure what the construction timeline looks like, but management stated they will be able to build multiple miles a day. DTE expects that tax reform will not affect the company's 5%-7% guidance EPS growth rate." (2/10/2017)
• 3. Macquarie analysts commented, "We see these assets as attractive strategically given their location, contracts, diversified list of customers, potential for expansion and interconnection with DTE's existing systems," analyst Andrew Weisel wrote in a note."We estimate these deals will add US$0.04/sh (+0.8 percent) in '17 and US$0.15/sh (+2.3 percent) by '20, ahead of DTE guidance of US$0.10. We assume a 50/50 debt/equity mix, 12 percent IRR and 10 percent annual growth," (9/27/2016)

Some companies that are related to DTE Energy Company include Pacific Gas & Electric Co. (PCG), Exelon Corporation (EXC), American Electric Power Company (AEP), Korea Electric Power Corporation (KEP), Edison International (EIX), Consolidated Edison (ED), Xcel Energy (XEL), Public Service Enterprise Group Incorporated (PEG), WEC Energy Group (WEC), Eversource Energy (ES), Sse Plc (SSE), FirstEnergy Corporation (FE), Entergy Corporation (ETR), Enersis Americas S.A. (ENIA), Pinnacle West Capital Corporation (PNW), Alliant Energy Corporation (LNT), Scana Corporation (SCG) and CPFL Energia S.A. (CPL).

DTE Energy Company's management team includes the folowing people:

• Gerard M. Anderson, Chairman of the Board, Chief Executive Officer
• Gerardo Norcia, President, Chief Operating Officer
• Steven E. Kurmas, Vice Chairman of the Board
• David E. Meador, Vice Chairman, Chief Administrative Officer
• Peter B. Oleksiak, Chief Financial Officer, Senior Vice President
• Trevor Francis Lauer, President and Chief Operating Officer - DTE Electric Company
• David Ruud, President - Power and Industrial
• Mark W. Stiers, President and Chief Operating Officer of DTE Gas Company
• Bruce D. Peterson, Senior Vice President, General Counsel
• Larry E. Steward, Senior Vice President of Human Resources

DTE Energy Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.15%), Bank of Montreal Can (0.14%), Sit Investment Associates Inc. (0.13%), APG Asset Management N.V. (0.13%), James Investment Research Inc. (0.12%) and Hexavest Inc. (0.11%). Company insiders that own DTE Energy Company stock include Bruce D Peterson, David A Thomas, David E Meador, David Ruud, Gail J Mcgovern, Gerard M Anderson, Gerardo Norcia, Larry E Steward, Lisa A Muschong, Peter B Oleksiak, Steven E Kurmas and Trevor F Lauer. View Institutional Ownership Trends for DTE Energy Company.

DTE Energy Company's stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Denali Advisors LLC, APG Asset Management N.V., James Investment Research Inc., Legacy Private Trust Co., Exxonmobil Investment Management Inc. TX, PGGM Investments and Hallmark Capital Management Inc.. Company insiders that have sold DTE Energy Company stock in the last year include Bruce D Peterson, Gerard M Anderson, Gerardo Norcia, Lisa A Muschong, Steven E Kurmas and Trevor F Lauer. View Insider Buying and Selling for DTE Energy Company.

DTE Energy Company's stock was bought by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Mn Services Vermogensbeheer B.V., National Pension Service, Bedrijfstakpensioenfonds Voor DE Media PNO, First Citizens Bank & Trust Co., Fox Run Management L.L.C., Aperio Group LLC and Bank of Montreal Can. View Insider Buying and Selling for DTE Energy Company.

Shares of DTE Energy Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DTE Energy Company stock can currently be purchased for approximately $106.37.