DTE Energy Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 1 sell rating, 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DTE Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DTE, but not buy additional shares or sell existing shares.
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DTE Energy is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for DTE Energy.

DTE Energy (NYSE:DTE) announced its quarterly earnings data on Monday, July, 26th. The utilities provider reported $1.70 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.44 by $0.26. The utilities provider earned $3.23 billion during the quarter, compared to analyst estimates of $2.74 billion. DTE Energy had a trailing twelve-month return on equity of 12.53% and a net margin of 9.77%. During the same quarter in the prior year, the firm posted $1.53 earnings per share.
View DTE Energy's earnings history.

DTE Energy's stock was trading at $104.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DTE shares have increased by 9.4% and is now trading at $113.93.
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DTE Energy declared a dividend on Wednesday, June 30th. Investors of record on Friday, July 2nd will be given a dividend of $0.825 per share on Thursday, July 1st. This represents a dividend yield of 2.52%. The ex-dividend date is Thursday, July 1st.
View DTE Energy's dividend history.

DTE Energy pays an annual dividend of $4.34 per share and currently has a dividend yield of 3.81%. The dividend payout ratio of DTE Energy is 60.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE Energy will have a dividend payout ratio of 73.31% next year. This indicates that DTE Energy will be able to sustain or increase its dividend.
View DTE Energy's dividend history.

DTE Energy updated its FY 2021 earnings guidance on Friday, September, 17th. The company provided EPS guidance of $5.620-$5.920 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.950. The company issued revenue guidance of -.

13 Wall Street analysts have issued 1 year target prices for DTE Energy's shares. Their forecasts range from $125.00 to $139.00. On average, they anticipate DTE Energy's share price to reach $130.08 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
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40 employees have rated DTE Energy CEO Jerry Norcia on Glassdoor.com. Jerry Norcia has an approval rating of 97% among DTE Energy's employees. This puts Jerry Norcia in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to DTE Energy include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), Consolidated Edison (ED), PG&E (PCG), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
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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), The Procter & Gamble (PG), The Boeing (BA) and The Walt Disney (DIS).

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

DTE Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.42%), BlackRock Inc. (7.80%), State Street Corp (4.93%), Franklin Resources Inc. (3.12%), Geode Capital Management LLC (1.74%) and Northern Trust Corp (1.05%). Company insiders that own DTE Energy stock include David A Thomas, Gerard M Anderson, Joann Chavez, Lisa A Muschong, Mark C Rolling, Peter B Oleksiak 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 Price T Rowe Associates Inc. MD, Massachusetts Financial Services Co. MA, Macquarie Group Ltd., The Manufacturers Life Insurance Company , Bank of New York Mellon Corp, Veracity Capital LLC, QS Investors LLC, and Credit Suisse AG. Company insiders that have sold DTE Energy company stock in the last year include Gerard M Anderson, Joann Chavez, Lisa A Muschong, Mark C Rolling, and Trevor F Lauer.
View insider buying and selling activity for DTE Energy or view top insider-selling stocks.

DTE stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Goldman Sachs Group Inc., Vanguard Group Inc., BlackRock Inc., Marshall Wace North America L.P., Amundi, Bank of America Corp DE, and Bank of America Corp DE.
View insider buying and selling activity for DTE Energy or or view top insider-buying stocks.

Shares of DTE 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.
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One share of DTE stock can currently be purchased for approximately $113.93.

DTE Energy has a market capitalization of $22.07 billion and generates $12.18 billion in revenue each year. The utilities provider earns $1.37 billion in net income (profit) each year or $7.19 on an earnings per share basis.

DTE Energy employs 10,600 workers across the globe.

DTE Energy was founded in 1995.

The official website for DTE Energy is www.dteenergy.com.

DTE Energy is headquartered at One Energy Plaza, Detroit MI, 48226.

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].