DTE Energy Stock Forecast, Price & News

DTE Energy (NYSE:DTE) Frequently Asked Questions

Is DTE Energy a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 1 sell rating, 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DTE Energy stock.
View analyst ratings for DTE Energy or view top-rated stocks.

How has DTE Energy's stock price been impacted by COVID-19 (Coronavirus)?

DTE Energy's stock was trading at $104.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DTE shares have increased by 10.2% and is now trading at $114.75.
View which stocks have been most impacted by COVID-19.

When is DTE Energy's next earnings date?

DTE Energy is scheduled to release its next quarterly earnings announcement on Friday, February 18th 2022.
View our earnings forecast for DTE Energy.

How were DTE Energy's earnings last quarter?

DTE Energy (NYSE:DTE) posted its earnings results on Tuesday, October, 26th. The utilities provider reported $1.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.83 by $0.11. The utilities provider earned $3.72 billion during the quarter, compared to analysts' expectations of $3.35 billion. DTE Energy had a trailing twelve-month return on equity of 12.12% and a net margin of 6.25%. During the same quarter in the previous year, the company earned $2.61 EPS.
View DTE Energy's earnings history.

How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy?

DTE Energy declared a quarterly dividend on Wednesday, October 27th. Stockholders of record on Monday, December 20th will be given a dividend of $0.885 per share on Saturday, January 15th. This represents a $3.54 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Friday, December 17th. This is a positive change from DTE Energy's previous quarterly dividend of $0.83.
View DTE Energy's dividend history.

Is DTE Energy a good dividend stock?

DTE Energy pays an annual dividend of $3.30 per share and currently has a dividend yield of 2.89%. DTE Energy has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of DTE Energy is 73.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE Energy will have a dividend payout ratio of 55.93% next year. This indicates that DTE Energy will be able to sustain or increase its dividend.
View DTE Energy's dividend history.

What guidance has DTE Energy issued on next quarter's earnings?

DTE Energy issued an update on its FY 2022 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share (EPS) guidance of $5.700-$5.970 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.940. The company issued revenue guidance of -.

What price target have analysts set for DTE?

10 brokers have issued 12 month price objectives for DTE Energy's shares. Their forecasts range from $120.00 to $139.00. On average, they anticipate DTE Energy's share price to reach $128.20 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price.
View analysts' price targets for DTE Energy or view top-rated stocks among Wall Street analysts.

Who are DTE Energy's key executives?

DTE Energy's management team includes the following people:

• Jerry Norcia, President, Chief Executive Officer & Director
• David Ruud, Chief Financial Officer & Senior Vice President
• Steven B. Ambrose, Chief Information Officer & Vice President
• JoAnn Chavez, Chief Legal Officer & Senior Vice President
• Peter T. Dietrich, Chief Nuclear Officer & Senior Vice President

What is Jerry Norcia's approval rating as DTE Energy's CEO?

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.

Who are some of DTE Energy's key competitors?

Some companies that are related to DTE Energy include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), PG&E (PCG), WEC Energy Group (WEC), Consolidated Edison (ED), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
View all of DTE's competitors.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.32%), Capital Research Global Investors (7.88%), Capital World Investors (5.50%), Franklin Resources Inc. (3.19%), Geode Capital Management LLC (1.80%) and Wellington Management Group LLP (1.49%). 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.

Which major investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Two Sigma Investments LP, Citigroup Inc., LSV Asset Management, Goldman Sachs Group Inc., Verition Fund Management LLC, CSS LLC IL, and Ancora Advisors LLC. Company insiders that have sold DTE Energy company stock in the last year include Gerard M Anderson, Joann Chavez, Mark C Rolling, and Trevor F Lauer.
View insider buying and selling activity for DTE Energy or view top insider-selling stocks.

Which major investors are buying DTE Energy stock?

DTE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Nordea Investment Management AB, Capital Research Global Investors, Millennium Management LLC, Assetmark Inc., and Invesco Ltd..
View insider buying and selling activity for DTE Energy or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is DTE Energy's stock price today?

One share of DTE stock can currently be purchased for approximately $114.75.

How much money does DTE Energy make?

DTE Energy has a market capitalization of $22.23 billion and generates $12.18 billion in revenue each year. The utilities provider earns $1.37 billion in net income (profit) each year or $4.52 on an earnings per share basis.

How many employees does DTE Energy have?

DTE Energy employs 10,600 workers across the globe.

When was DTE Energy founded?

DTE Energy was founded in 1995.

What is DTE Energy's official website?

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

Where are DTE Energy's headquarters?

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

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, via email at [email protected], or via fax at 313-235-6743.