NYSE:DTE - DTE Energy Stock Price, News, & Analysis

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$112.98 -0.21 (-0.19 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$112.98
Today's Range$112.45 - $114.06
52-Week Range$94.25 - $121.00
Volume912,462 shs
Average Volume960,249 shs
Market Capitalization$20.55 billion
P/E Ratio20.21
Dividend Yield3.35%
Beta0.21
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.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP23333110
Phone313-235-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.61 billion
Cash Flow$11.6115 per share
Book Value$55.69 per share

Profitability

Net Income$1.13 billion

Miscellaneous

Employees10,200
Market Cap$20.55 billion
OptionableOptionable

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 Friday, November 9th. Investors of record on Monday, December 17th will be given a dividend of $0.945 per share on Tuesday, January 15th. This represents a $3.78 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Friday, December 14th. This is a boost from DTE Energy's previous quarterly dividend of $0.88. 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, October, 24th. The utilities provider reported $2.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.74 by $0.39. The utilities provider earned $3.55 billion during the quarter, compared to the consensus estimate of $3.29 billion. DTE Energy had a return on equity of 11.61% and a net margin of 8.85%. During the same quarter in the previous year, the business earned $1.48 earnings per share. View DTE Energy's Earnings History.

When is DTE Energy's next earnings date?

DTE Energy is scheduled to release their next quarterly earnings announcement on Friday, February 15th 2019. View Earnings Estimates for DTE Energy.

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

DTE Energy issued an update on its FY19 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $5.97-6.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.27. DTE Energy also updated its FY18 guidance to $6.12-6.48 EPS.

What price target have analysts set for DTE?

12 Wall Street analysts have issued twelve-month price objectives for DTE Energy's shares. Their predictions range from $105.00 to $121.00. On average, they expect DTE Energy's stock price to reach $114.6364 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for DTE Energy.

What is the consensus analysts' recommendation for DTE Energy?

12 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 and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DTE Energy.

Has DTE Energy been receiving favorable news coverage?

News coverage about DTE stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DTE Energy earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of DTE Energy's key competitors?

Who are DTE Energy's key executives?

DTE Energy's management team includes the folowing people:
  • Mr. Gerard M. Anderson, Chairman & CEO (Age 60)
  • Mr. Gerardo Norcia, Pres & COO (Age 56)
  • Mr. Peter B. Oleksiak, Sr. VP & CFO (Age 53)
  • Mr. David Earl Meador, Vice Chairman & Chief Admin. Officer (Age 62)
  • Ms. Angela Buk, Chief Investment Officer

Who are DTE Energy's major shareholders?

DTE Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.29%), Hennessy Advisors Inc. (0.11%), State of Alaska Department of Revenue (0.07%), Arvest Bank Trust Division (0.06%), Sit Investment Associates Inc. (0.04%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own DTE Energy stock include Bruce D Peterson, David A Thomas, David Ruud, Gerard M Anderson, Gerardo Norcia, Jeffrey A Jewell, 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 institutional investors are selling DTE Energy stock?

DTE stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Hennessy Advisors Inc., Gulf International Bank UK Ltd, Denali Advisors LLC, DNB Asset Management AS, Oakbrook Investments LLC, Louisiana State Employees Retirement System and Marshwinds Advisory Co.. Company insiders that have sold DTE Energy company stock in the last year include David Ruud, Gerard M Anderson, Jeffrey A Jewell, Lisa A Muschong, Peter B Oleksiak and Trevor F Lauer. View Insider Buying and Selling for DTE Energy.

Which institutional investors are buying DTE Energy stock?

DTE stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., CHURCHILL MANAGEMENT Corp, State of Alaska Department of Revenue, Virtu Financial LLC, Meeder Asset Management Inc., Polaris Greystone Financial Group LLC, Mackey Komara & Dankovich LLC and Fox Run Management L.L.C.. 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 $112.98.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $20.55 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.

What is DTE Energy's official website?

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

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 (NYSE DTE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  316 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  723
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.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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