S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
pixel
Log in
NYSE:DTE

DTE Energy Stock Forecast, Price & News

$117.72
-3.52 (-2.90 %)
(As of 02/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$117.67
Now: $117.72
$121.45
50-Day Range
$117.98
MA: $121.00
$125.62
52-Week Range
$71.21
Now: $117.72
$135.60
Volume1.70 million shs
Average Volume994,392 shs
Market Capitalization$22.68 billion
P/E Ratio16.67
Dividend Yield3.58%
Beta0.55
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 700 distribution substations and 445,200 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,305,000 service pipelines; and 1,285,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its 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 Gulf Coast, Midwest, Ontario, and northeast markets. The company's Power and Industrial Projects segment offers 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; 23 gas recovery sites; and 10 reduced emissions fuel facilities. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.
DTE Energy logo

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP23333110
Phone313-235-4000
Employees10,700
Year Founded1995

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.67 billion
Cash Flow$12.51 per share
Book Value$61.57 per share

Profitability

Net Income$1.17 billion

Miscellaneous

Market Cap$22.68 billion
Next Earnings Date4/27/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.12 out of 5 stars

Utilities Sector

36th out of 275 stocks

Electric Services Industry

14th out of 78 stocks

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$117.72
-3.52 (-2.90 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive DTE News and Ratings via Email

Sign-up to receive the latest news and ratings for DTE and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











DTE Energy (NYSE:DTE) Frequently Asked Questions

Is DTE Energy a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DTE Energy stock.
View analyst ratings for DTE Energy
or view top-rated stocks.

What stocks does MarketBeat like better than DTE Energy?

Wall Street analysts have given DTE Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but DTE Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting DTE Energy?

DTE Energy saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,800,000 shares, an increase of 13.9% from the December 31st total of 1,580,000 shares. Based on an average daily volume of 1,110,000 shares, the days-to-cover ratio is currently 1.6 days.
View DTE Energy's Short Interest
.

When is DTE Energy's next earnings date?

DTE Energy is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for DTE Energy
.

How were DTE Energy's earnings last quarter?

DTE Energy (NYSE:DTE) issued its quarterly earnings results on Thursday, February, 18th. The utilities provider reported $1.39 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.24 by $0.15. DTE Energy had a trailing twelve-month return on equity of 11.43% and a net margin of 11.30%. During the same period in the previous year, the company posted $1.35 EPS.
View DTE Energy's earnings history
.

How has DTE Energy's stock been impacted by COVID-19?

DTE Energy's stock was trading at $104.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DTE stock has increased by 13.1% and is now trading at $117.72.
View which stocks have been most impacted by COVID-19
.

How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy?

DTE Energy announced a quarterly dividend on Thursday, January 28th. Shareholders of record on Monday, March 15th will be given a dividend of $1.085 per share on Thursday, April 15th. This represents a $4.34 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Friday, March 12th.
View DTE Energy's dividend history
.

Is DTE Energy a good dividend stock?

DTE Energy pays an annual dividend of $4.34 per share and currently has a dividend yield of 3.58%. DTE Energy does not yet have a strock track record of dividend growth. The dividend payout ratio of DTE Energy is 68.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE Energy will have a dividend payout ratio of 61.04% next year. This indicates that DTE Energy will be able to sustain or increase its dividend.
View DTE Energy's dividend history.

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

DTE Energy updated its FY21 earnings guidance on Friday, February, 19th. The company provided EPS guidance of $6.88-7.26 for the period, compared to the Thomson Reuters consensus estimate of $7.15.

What price target have analysts set for DTE?

15 brokerages have issued twelve-month target prices for DTE Energy's stock. Their forecasts range from $115.00 to $145.00. On average, they anticipate DTE Energy's share price to reach $131.15 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts' price targets for DTE Energy
or view top-rated stocks among Wall Street analysts.

Who are DTE Energy's key executives?

DTE Energy's management team includes the following people:
  • Mr. Gerard M. Anderson, Exec. Chairman & Advisor To CEO (Age 62, Pay $2.82M)
  • Mr. Gerardo Norcia, Pres, CEO & Director (Age 58, Pay $2.7M)
  • Mr. David Earl Meador, Vice Chairman & Chief Admin. Officer (Age 64, Pay $1.57M) (LinkedIn Profile)
  • Mr. Trevor F. Lauer, Pres & COO of DTE Electric Company (Age 57, Pay $1.28M) (LinkedIn Profile)
  • Mr. David Ruud, Sr. VP & CFO (Age 55) (LinkedIn Profile)
  • Ms. Angela Buk, Chief Investment Officer
  • Mr. Mark C. Rolling, VP, Controller & Chief Accounting Officer (Age 53) (LinkedIn Profile)
  • Mr. Steven B. Ambrose, Chief Information Officer and VP
  • Ms. Barbara Tuckfield, Director - Investor Relations
  • Ms. JoAnn Chavez, Sr. VP & Chief Legal Officer (Age 57) (LinkedIn Profile)

What is Jerry Norcia's approval rating as DTE Energy's CEO?

40 employees have rated DTE Energy CEO Jerry Norcia on Glassdoor.com. Jerry Norcia has an approval rating of 97% among DTE Energy's employees. This puts Jerry Norcia in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), The Procter & Gamble (PG), The Boeing (BA) and The 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 BlackRock Inc. (7.27%), Northern Trust Corp (1.07%), Boston Partners (0.89%), California Public Employees Retirement System (0.81%), Bank of New York Mellon Corp (0.77%) and JPMorgan Chase & Co. (0.60%). Company insiders that own DTE Energy stock include David A Thomas, Gary Torgow, Gerard M Anderson, Joann Chavez, Lisa A Muschong, Mark C Rolling, Mark W Stiers, Peter B Oleksiak and Ruth G Shaw.
View institutional ownership trends for DTE Energy
.

Which major investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Credit Suisse AG, Nordea Investment Management AB, BlackRock Inc., Nuveen Asset Management LLC, Barclays PLC, Renaissance Technologies LLC, and Northern Trust Corp. Company insiders that have sold DTE Energy company stock in the last year include Joann Chavez, Lisa A Muschong, and Mark C Rolling.
View insider buying and selling activity for DTE Energy
or view top insider-selling stocks.

Which major investors are buying DTE Energy stock?

DTE stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Price T Rowe Associates Inc. MD, Jennison Associates LLC, LNZ Capital LP, Bank of New York Mellon Corp, Jefferies Group LLC, Edgestream Partners L.P., and Assetmark Inc.. Company insiders that have bought DTE Energy stock in the last two years include David A Thomas, Gary Torgow, and Ruth G Shaw.
View insider buying and selling activity for DTE Energy
or or view top insider-buying stocks.

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 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 $117.72.

How much money does DTE Energy make?

DTE Energy has a market capitalization of $22.68 billion and generates $12.67 billion in revenue each year. The utilities provider earns $1.17 billion in net income (profit) each year or $6.30 on an earnings per share basis.

How many employees does DTE Energy have?

DTE Energy employs 10,700 workers across the globe.

When was DTE Energy founded?

DTE Energy was founded in 1995.

What is DTE Energy's official website?

The official website for DTE Energy is www.dteenergy.com.

Where are DTE Energy's headquarters?

DTE Energy is headquartered at One Energy Plaza, Detroit MI, 48226.

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]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.