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

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$123.37 +0.63 (+0.51 %)
(As of 02/22/2019 01:44 PM ET)
Previous Close$122.74
Today's Range$121.99 - $123.78
52-Week Range$94.25 - $122.99
Volume360,754 shs
Average Volume1.02 million shs
Market Capitalization$22.44 billion
P/E Ratio19.58
Dividend Yield3.10%
Beta0.27
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

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$12.8644 per share
Book Value$58.91 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees10,600
Market Cap$22.44 billion
Next Earnings Date4/24/2019 (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, January 31st. Investors of record on Monday, March 18th will be given a dividend of $0.945 per share on Monday, April 15th. This represents a $3.78 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Friday, March 15th. View DTE Energy's Dividend History.

How were DTE Energy's earnings last quarter?

DTE Energy Co (NYSE:DTE) posted its quarterly earnings results on Thursday, February, 7th. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by $0.01. The utilities provider had revenue of $3.75 billion for the quarter, compared to analyst estimates of $2.35 billion. DTE Energy had a return on equity of 10.85% and a net margin of 7.88%. During the same period in the previous year, the firm earned $1.26 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, April 24th 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 Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $5.97-6.33 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.24.

What price target have analysts set for DTE?

12 equities research analysts have issued 1-year price targets for DTE Energy's shares. Their predictions range from $105.00 to $123.00. On average, they anticipate DTE Energy's share price to reach $116.1818 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View Analyst Price Targets for DTE Energy.

What is the consensus analysts' recommendation for DTE Energy?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 6 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 headlines about DTE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. DTE Energy earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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 JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ), Netflix (NFLX), AT&T (T), Boeing (BA), General Electric (GE), QUALCOMM (QCOM), Walt Disney (DIS) and Duke Energy (DUK).

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)
  • 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 shareholders include BlackRock Inc. (8.36%), Geode Capital Management LLC (1.29%), Northern Trust Corp (1.28%), Victory Capital Management Inc. (0.99%), Legal & General Group Plc (0.96%) and Boston Partners (0.91%). Company insiders that own DTE Energy stock include Bruce D Peterson, David Ruud, Gerard M Anderson, Gerardo Norcia, Jeffrey A Jewell, Larry E Steward, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak 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 Millennium Management LLC, Massachusetts Financial Services Co. MA, Nordea Investment Management AB, Banco Santander S.A., Jennison Associates LLC, Bank of Montreal Can, Bank of America Corp DE and Two Sigma Advisers LP. 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 BlackRock Inc., Hexavest Inc., California Public Employees Retirement System, D. E. Shaw & Co. Inc., Canada Pension Plan Investment Board, Geode Capital Management LLC, Acadian Asset Management LLC and Legal & General Group Plc. 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 $123.50.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $22.47 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.

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:  323 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  739
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 2/22/2019 by MarketBeat.com Staff

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