NYSE:DTE DTE Energy (DTE) Stock Forecast, Price & News $108.88 +1.62 (+1.51%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$106.23▼$109.3250-Day Range$21.25▼$114.8152-Week Range$100.64▼$136.77Volume1.60 million shsAverage Volume990,642 shsMarket Capitalization$22.44 billionP/E Ratio19.27Dividend Yield3.50%Price Target$70.94 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DTE Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside34.8% Downside$70.94 Price TargetShort InterestHealthy0.89% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.87Upright™ Environmental ScoreNews Sentiment0.36Based on 7 Articles This WeekInsider TradingSelling Shares$452,360 Sold Last QuarterProj. Earnings Growth7.61%From $6.18 to $6.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsUtilities Sector50th out of 84 stocksElectric Services Industry22nd out of 40 stocks 1.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.94, DTE Energy has a forecasted downside of 34.8% from its current price of $108.88.Amount of Analyst CoverageDTE Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.89% of the outstanding shares of DTE Energy have been sold short.Short Interest Ratio / Days to CoverDTE Energy has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently increased by 2.79%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldDTE Energy pays a meaningful dividend of 3.50%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDTE Energy has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 67.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DTE Energy will have a dividend payout ratio of 57.29% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -11.42% net impact score from Upright. The largest negative impact of DTE Energy in category "GHG emissions" seems to be driven mostly by its "Electricity produced with coal", "Natural gas distribution services", and "Electricity produced with natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for DTE Energy is -6.87. Previous Next 1.3 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 7 news articles for DTE Energy this week, compared to 8 articles on an average week.Search InterestOnly 5 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DTE Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $452,360.00 in company stock.Percentage Held by InsidersOnly 0.61% of the stock of DTE Energy is held by insiders.Percentage Held by Institutions74.55% of the stock of DTE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.61% in the coming year, from $6.18 to $6.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 19.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.65.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 19.27, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.62.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.93. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDTE Energy has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DTE Energy (NYSE:DTE) StockDTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional developmentRead More Receive DTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DTE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address DTE Stock News HeadlinesMay 30, 2023 | msn.comThousands without power at hot weather settles into regionMay 30, 2023 | msn.comThousands without power as hot weather settles into regionJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 30, 2023 | msn.comBelle Isle gets electric vehicle charging stationsMay 30, 2023 | detroitnews.comPasky: State leaders should treat businesses with civilityMay 29, 2023 | finance.yahoo.comDTE Energy names new Energy Supply and Gas Sales & Supply leadersMay 28, 2023 | msn.comDTE Energy Company: Grid Modernization Creating Margin ExpansionMay 28, 2023 | americanbankingnews.comFY2023 EPS Estimates for DTE Energy Lifted by Analyst (NYSE:DTE)June 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 27, 2023 | detroitnews.comEditorial: Move power lines undergroundMay 25, 2023 | americanbankingnews.comQ4 2023 Earnings Forecast for DTE Energy (NYSE:DTE) Issued By Zacks ResearchMay 25, 2023 | americanbankingnews.comDTE Energy to Post Q4 2023 Earnings of $1.68 Per Share, Zacks Research Forecasts (NYSE:DTE)May 23, 2023 | americanbankingnews.comDTE Energy (NYSE:DTE) Price Target Lowered to $124.00 at MizuhoMay 23, 2023 | finance.yahoo.comDeutsche Telekom AG (ETR:DTE) is a favorite amongst institutional investors who own 48%May 22, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: DTE Energy (DTE) and Sempra Energy (SRE)May 22, 2023 | markets.businessinsider.comDAX 40: Deutsche Telekom and Infineon Report EarningsMay 22, 2023 | americanbankingnews.comDTE Energy (NYSE:DTE) Receives $129.67 Average Price Target from BrokeragesMay 21, 2023 | msn.comMizuho Maintains DTE Energy (DTE) Buy RecommendationMay 21, 2023 | msn.comDeutsche Telekom: Valuation Matters, Smashes Q1 2023May 21, 2023 | finance.yahoo.comBoasting A 11% Return On Equity, Is DTE Energy Company (NYSE:DTE) A Top Quality Stock?May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on DTE Energy (NYSE:DTE)May 18, 2023 | msn.comUPDATE: Escanaba natural gas leak caused by third-party construction crewMay 17, 2023 | americanbankingnews.comKeyCorp Weighs in on DTE Energy's FY2026 Earnings (NYSE:DTE)May 16, 2023 | detroitnews.comAfter 'most expensive storm in history,' DTE vows to invest in grid improvementsMay 16, 2023 | msn.com5 things we learned from our sit-down with DTE Energy CEO Jerry NorciaMay 12, 2023 | finance.yahoo.comNI vs. DTE: Which Stock Is the Better Value Option?May 11, 2023 | americanbankingnews.comDTE Energy (NYSE:DTE) SVP Sells $452,360.00 in StockSee More Headlines DTE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTE Company Calendar Ex-Dividend for 4/15 Dividend3/17/2023Dividend Payable4/15/2023Last Earnings4/27/2023Today6/04/2023Ex-Dividend for 7/15 Dividend6/15/2023Dividend Payable7/15/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:DTE CUSIP23333110 CIK936340 Webwww.dteenergy.com Phone(313) 235-4000Fax313-235-6743Employees10,250Year Founded1995Price Target and Rating Average Stock Price Forecast$70.94 High Stock Price Forecast$139.00 Low Stock Price Forecast$23.60 Forecasted Upside/Downside-34.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$5.65 Trailing P/E Ratio19.27 Forward P/E Ratio17.62 P/E Growth2.93Net Income$1.08 billion Net Margins6.15% Pretax Margin6.49% Return on Equity10.59% Return on Assets2.43% Debt Debt-to-Equity Ratio1.66 Current Ratio0.88 Quick Ratio0.68 Sales & Book Value Annual Sales$19.23 billion Price / Sales1.17 Cash Flow$13.96 per share Price / Cash Flow7.80 Book Value$51.65 per share Price / Book2.11Miscellaneous Outstanding Shares206,110,000Free Float204,852,000Market Cap$22.44 billion OptionableOptionable Beta0.60 Social Links Key ExecutivesJerry NorciaChairman, President & Chief Executive OfficerDavid RuudChief Financial Officer & Senior Vice PresidentSteven B. AmbroseChief Information Officer & Vice PresidentRobert A. RichardExecutive Vice President-IT & Customer ServiceJoAnn ChavezChief Legal Officer & Senior Vice PresidentKey CompetitorsCenterPoint EnergyNYSE:CNPDominion EnergyNYSE:DFirstEnergyNYSE:FEEntergyNYSE:ETRFortisNYSE:FTSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 5,689 shares on 5/26/2023Ownership: 0.021%Fortis Group Advisors LLCBought 3,119 shares on 5/26/2023Ownership: 0.002%Toroso Investments LLCBought 168 shares on 5/23/2023Ownership: 0.001%Ameriprise Financial Inc.Bought 156,688 shares on 5/22/2023Ownership: 1.444%Putnam Investments LLCSold 3,300 shares on 5/22/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions DTE Stock - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DTE shares. View DTE analyst ratings or view top-rated stocks. What is DTE Energy's stock price forecast for 2023? 6 analysts have issued 1 year price objectives for DTE Energy's stock. Their DTE share price forecasts range from $23.60 to $139.00. On average, they expect the company's stock price to reach $70.94 in the next year. This suggests that the stock has a possible downside of 34.8%. View analysts price targets for DTE or view top-rated stocks among Wall Street analysts. How have DTE shares performed in 2023? DTE Energy's stock was trading at $18.6380 at the beginning of the year. Since then, DTE stock has increased by 484.2% and is now trading at $108.88. View the best growth stocks for 2023 here. When is DTE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our DTE earnings forecast. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) announced its earnings results on Thursday, April, 27th. The utilities provider reported $1.33 EPS for the quarter, missing the consensus estimate of $1.38 by $0.05. The utilities provider had revenue of $3.78 billion for the quarter, compared to analyst estimates of $4.79 billion. DTE Energy had a trailing twelve-month return on equity of 10.59% and a net margin of 6.15%. During the same quarter last year, the business posted $2.31 EPS. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Monday, June 19th will be given a dividend of $0.9525 per share on Saturday, July 15th. This represents a $3.81 annualized dividend and a yield of 3.50%. The ex-dividend date is Thursday, June 15th. Read our dividend analysis for DTE. What ETFs hold DTE Energy's stock? ETFs with the largest weight of DTE Energy (NYSE:DTE) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Timothy Plan Market Neutral ETF (TPMN), Invesco DWA Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU), Invesco Zacks Mid-Cap ETF (CZA), First Trust EIP Carbon Impact ETF (ECLN) and Fidelity MSCI Utilities Index ETF (FUTY). Is DTE Energy a good dividend stock? DTE Energy (NYSE:DTE) pays an annual dividend of $3.81 per share and currently has a dividend yield of 3.50%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 57.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTE. What guidance has DTE Energy issued on next quarter's earnings? DTE Energy updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $6.09-$6.40 for the period, compared to the consensus estimate of $6.22. The company issued revenue guidance of -. What is Jerry Norcia's approval rating as DTE Energy's CEO? 40 employees have rated DTE Energy Chief Executive Officer Jerry Norcia on Glassdoor.com. Jerry Norcia has an approval rating of 97% among the company's employees. This puts Jerry Norcia in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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), Procter & Gamble (PG), Boeing (BA) and 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (9.39%), State Street Corp (4.75%), Geode Capital Management LLC (1.94%), Neuberger Berman Group LLC (1.68%), Ameriprise Financial Inc. (1.44%) and Price T Rowe Associates Inc. MD (1.32%). Insiders that own company stock include David A Thomas, Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, Mark C Rolling, Robert A Richard, Tracy J Myrick and Trevor F Lauer. View institutional ownership trends. How do I buy shares of DTE Energy? Shares of DTE stock 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 $108.88. How much money does DTE Energy make? DTE Energy (NYSE:DTE) has a market capitalization of $22.44 billion and generates $19.23 billion in revenue each year. The utilities provider earns $1.08 billion in net income (profit) each year or $5.65 on an earnings per share basis. How many employees does DTE Energy have? The company employs 10,250 workers across the globe. How can I contact DTE Energy? DTE Energy's mailing address is One Energy Plaza, Detroit MI, 48226. The official website for the company is www.dteenergy.com. The utilities provider can be reached via phone at (313) 235-4000, via email at investor_relations@dteenergy.com, or via fax at 313-235-6743. This page (NYSE:DTE) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DTE Energy Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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