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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:DTE
CUSIP23333110
Phone313-235-4000
Debt
Debt-to-Equity Ratio1.18
Current Ratio1.16
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio17.97
Forward P/E Ratio17.41
P/E Growth3.25
Sales & Book Value
Annual Sales$12.61 billion
Price / Sales1.45
Cash Flow$11.6667 per share
Price / Cash8.61
Book Value$55.69 per share
Price / Book1.80
Profitability
EPS (Most Recent Fiscal Year)$5.59
Net Income$1.13 billion
Net Margins8.34%
Return on Equity10.27%
Return on Assets3.06%
Miscellaneous
Employees10,200
Outstanding Shares181,480,000
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 21st. Investors of record on Monday, September 17th will be given a dividend of $0.8825 per share on Monday, October 15th. This represents a $3.53 annualized dividend and a yield of 3.51%. The ex-dividend date is Friday, September 14th. 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 Wednesday, April, 25th. The utilities provider reported $1.91 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.89 by $0.02. The utilities provider earned $3.75 billion during the quarter, compared to analyst estimates of $3.26 billion. DTE Energy had a net margin of 8.34% and a return on equity of 10.27%. During the same period in the prior year, the business posted $1.79 earnings per share. View DTE Energy's Earnings History.
When is DTE Energy's next earnings date?
What guidance has DTE Energy issued on next quarter's earnings?
DTE Energy updated its FY18 earnings guidance on Friday, June, 22nd. The company provided earnings per share (EPS) guidance of $5.57-5.99 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.77.
What price target have analysts set for DTE?
9 Wall Street analysts have issued 1 year price objectives for DTE Energy's stock. Their predictions range from $103.00 to $121.00. On average, they anticipate DTE Energy's share price to reach $108.5556 in the next year. View Analyst Ratings for DTE Energy.
Who are some of DTE Energy's key competitors?
Some companies that are related to DTE Energy include Enel S.p.A. ADS Common Stock (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Tenaga Nasional Bhd (TNABY), Edison International (EIX), PPL (PPL), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Eversource Energy (ES), FirstEnergy (FE), Avangrid (AGR), Entergy (ETR) and EDP-Energias de Portugal, S.A (EDPFY).
Who are DTE Energy's key executives?
DTE Energy's management team includes the folowing people:
- Mr. Gerard M. Anderson, Chairman & CEO (Age 59)
- Mr. Gerardo Norcia, Pres and Chief Operating Officer (Age 55)
- Mr. Peter B. Oleksiak, Sr. VP & CFO (Age 52)
- Mr. David Earl Meador, Vice Chairman & Chief Admin. Officer (Age 61)
- Ms. Angela Buk, Chief Investment Officer
Has DTE Energy been receiving favorable news coverage?
Press coverage about DTE stock has trended somewhat negative on Sunday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. DTE Energy earned a news impact score of -0.02 on Accern's scale. They also gave media stories about the utilities provider an impact score of 44.81 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are DTE Energy's major shareholders?
DTE Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.69%), Northern Trust Corp (1.17%), Franklin Resources Inc. (0.98%), Victory Capital Management Inc. (0.94%), Legal & General Group Plc (0.88%) and Boston Partners (0.88%). Company insiders that own DTE Energy stock include Bruce D Peterson, David A Thomas, David Ruud, 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.
Which major investors are selling DTE Energy stock?
DTE stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Prudential Financial Inc., BNP Paribas Arbitrage SA, Franklin Resources Inc., Federated Investors Inc. PA, Swiss National Bank, LSV Asset Management and California Public Employees Retirement System. Company insiders that have sold DTE Energy company stock in the last year include David Ruud, Gerard M Anderson, Larry E Steward, Lisa A Muschong, Mark W Stiers and Peter B Oleksiak. View Insider Buying and Selling for DTE Energy.
Which major investors are buying DTE Energy stock?
DTE stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Newport Trust Co, Royal Bank of Canada, Boston Partners, Centenus Global Management LP, Great West Life Assurance Co. Can and Mackay Shields LLC. 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 $100.45.
How big of a company is DTE Energy?
DTE Energy has a market capitalization of $18.16 billion and generates $12.61 billion in revenue each year. The utilities provider earns $1.13 billion in net income (profit) each year or $5.59 on an earnings per share basis. DTE Energy employs 10,200 workers across the globe.
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 (DTE)
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.
