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

$128.39
-1.86 (-1.43 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$127.91
Now: $128.39
$130.98
50-Day Range
$127.27
MA: $129.31
$131.73
52-Week Range
$106.41
Now: $128.39
$132.09
Volume726,770 shs
Average Volume922,622 shs
Market Capitalization$23.53 billion
P/E Ratio20.38
Dividend Yield2.90%
Beta0.24
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. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP23333110
Phone313-235-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.21 billion
Cash Flow$12.5015 per share
Book Value$57.66 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees10,600
Market Cap$23.53 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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. Investors of record on Monday, September 16th will be given a dividend of $0.945 per share on Tuesday, October 15th. This represents a $3.78 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Friday, September 13th. View DTE Energy's Dividend History.

How were DTE Energy's earnings last quarter?

DTE Energy Co (NYSE:DTE) posted its earnings results on Wednesday, July, 24th. The utilities provider reported $0.99 earnings per share 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 the consensus estimate of $2.98 billion. DTE Energy had a return on equity of 10.33% and a net margin of 8.09%. During the same period in the previous year, the company posted $1.36 EPS. 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 Wednesday, October 23rd 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, July, 24th. The company provided EPS guidance of $6.02-6.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.24.

What price target have analysts set for DTE?

11 equities research analysts have issued 12-month price objectives for DTE Energy's stock. Their forecasts range from $117.00 to $136.00. On average, they expect DTE Energy's stock price to reach $125.30 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. 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?

Press coverage about DTE stock has been trending positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring 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 coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for DTE Energy.

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 Dow Chemical (DOW), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Netflix (NFLX), Verizon Communications (VZ), Boeing (BA), AT&T (T), Paypal (PYPL), Ford Motor (F) and salesforce.com (CRM).

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 number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.57%), BlackRock Inc. (8.51%), BlackRock Inc. (8.51%), Northern Trust Corp (1.35%), Invesco Ltd. (0.96%) and Victory Capital Management Inc. (0.93%). 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 major 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 major investors are buying DTE Energy stock?

DTE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, LSV Asset Management, Vanguard Group Inc., California Public Employees Retirement System, AQR Capital Management LLC and First Trust Advisors LP. 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 $128.39.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $23.53 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?

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:  349 (Vote Outperform)
Underperform Votes:  450 (Vote Underperform)
Total Votes:  799
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 8/24/2019 by MarketBeat.com Staff

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