DTE Energy Stock Price, News & Analysis (NYSE:DTE)

DTE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTE."

DTE Energy declared a quarterly dividend on Thursday, June 20th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.945 per share on Tuesday, October 15th. This represents a $3.78 annualized dividend and a yield of 2.92%. The ex-dividend date is Friday, September 13th. View DTE Energy's Dividend History.

DTE Energy Co (NYSE:DTE) posted its quarterly earnings results on Wednesday, July, 24th. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.09 by $0.10. The utilities provider had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.98 billion. DTE Energy had a net margin of 8.09% and a return on equity of 10.33%. During the same quarter in the prior year, the firm posted $1.36 earnings per share. View DTE Energy's Earnings History.

DTE Energy is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for DTE Energy.

DTE Energy issued an update on its FY 2019 earnings guidance on Wednesday, September, 4th. The company provided EPS guidance of $6.02-6.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.24.

12 equities research analysts have issued 12 month price objectives for DTE Energy's stock. Their forecasts range from $117.00 to $145.00. On average, they expect DTE Energy's share price to reach $129.82 in the next year. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for DTE Energy.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DTE Energy.

Media headlines about DTE stock have trended very negative on Thursday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of 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 -3.2 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for DTE Energy.

DTE Energy saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 6,040,000 shares, an increase of 16.4% from the August 30th total of 5,190,000 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 5.9 days. Currently, 3.3% of the company's shares are short sold. View DTE Energy's Current Options Chain.

Some companies that are related to DTE Energy include Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), Eversource Energy (ES), CLP (CLPHY), FirstEnergy (FE), Edison International (EIX), Entergy (ETR), PPL (PPL), Tenaga Nasional Bhd (TNABY), Fortis (FTS), SSE PLC/S (SSEZY), Avangrid (AGR) and EDP-Energias de Portugal, S.A (EDPFY).

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).

DTE Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Duff & Phelps Investment Management Co. (0.55%), Hexavest Inc. (0.16%), Hennessy Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.05%), Gulf International Bank UK Ltd (0.02%) and Crow Point Partners LLC (0.02%). Company insiders that own DTE Energy stock include David Ruud, Gary Torgow, 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.

DTE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Assenagon Asset Management S.A., Hennessy Advisors Inc., Gateway Investment Advisers LLC, Duff & Phelps Investment Management Co., Gulf International Bank UK Ltd, Peddock Capital Advisors LLC and Legacy Private Trust Co.. 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.

DTE stock was acquired by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Crow Point Partners LLC, DNB Asset Management AS, Campbell & CO Investment Adviser LLC, Pacer Advisors Inc., Park National Corp OH, Starfire Investment Advisers Inc. and Crossmark Global Holdings Inc.. Company insiders that have bought DTE Energy stock in the last two years include Gary Torgow and Ruth G Shaw. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of DTE stock can currently be purchased for approximately $129.26.

DTE Energy has a market capitalization of $23.69 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.

The official website for DTE Energy is http://www.dteenergy.com/.

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]