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 declared a quarterly dividend on Thursday, June 22nd. Shareholders of record on Monday, September 18th will be paid a dividend of $0.825 per share on Sunday, October 15th. This represents a $3.30 annualized dividend and a yield of 3.03%. 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, July, 26th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.08. The business earned $2.86 billion during the quarter, compared to analysts' expectations of $2.35 billion. DTE Energy Company had a net margin of 8.80% and a return on equity of 10.67%. The company's quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 EPS. View DTE Energy Company's Earnings History.

DTE Energy Company is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for DTE Energy Company.

DTE Energy Company updated its FY17 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $5.26-5.57 for the period, compared to the Thomson Reuters consensus estimate of $5.33.

8 equities research analysts have issued twelve-month price targets for DTE Energy Company's stock. Their predictions range from $99.00 to $121.00. On average, they expect DTE Energy Company's stock price to reach $108.88 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 second quarter earnings as well as revenue surpassed the Zacks Consensus Estimate. Results were also impressive year over year. Moreover, the company’s raised EPS guidance for 2017 buoys optimism for the stock’s growth. DTE Energy’s focus on improving its cost structure and making capital investments in renewable generation, utility infrastructure and environmental compliance assets is appreciable. The company currently expects to invest $6.5 billion over the next 10 years, to maintain and upgrade the reliability of its electric utility systems. Consequently, DTE Energy’s share price outperformed the broader industry’s gain. That said, increasingly stringent government regulations for curbing emissions and operational risks are major causes of concern." (7/31/2017)
• 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 Exelon Corporation (EXC), Pacific Gas & Electric Co. (PCG), American Electric Power Company (AEP), Edison International (EIX), Consolidated Edison (ED), Xcel Energy (XEL), Public Service Enterprise Group Incorporated (PEG), Korea Electric Power Corporation (KEP), WEC Energy Group (WEC), Eversource Energy (ES), Fortis (FTS), Sse Plc (SSE), Entergy Corporation (ETR), FirstEnergy Corporation (FE), Enersis Americas S.A. (ENIA), Alliant Energy Corporation (LNT), Pinnacle West Capital Corporation (PNW) 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 number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.58%), BlackRock Inc. (8.12%), State Street Corp (5.10%), Capital World Investors (3.90%), FMR LLC (1.35%) and Goldman Sachs Group Inc. (1.18%). 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, Mark W Stiers, 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 State Street Corp, FMR LLC, Thrivent Financial For Lutherans, Canada Pension Plan Investment Board, JPMorgan Chase & Co., Ameriprise Financial Inc., Bank of New York Mellon Corp and Hexavest Inc.. Company insiders that have sold DTE Energy Company stock in the last year include Bruce D Peterson, Gerard M Anderson, Gerardo Norcia, Larry E Steward, Lisa A Muschong, Mark W Stiers, Steven E Kurmas and Trevor F Lauer. View Insider Buying and Selling for DTE Energy Company.

DTE Energy Company's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Goldman Sachs Group Inc., Vanguard Group Inc., Financial Engines Advisors L.L.C., Parametric Portfolio Associates LLC, Renaissance Technologies LLC, First Trust Advisors LP and BlackRock Inc.. 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 $108.88.