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
Stock Exchange NYSE
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 Ratio19.13
Forward P/E Ratio18.61
P/E Growth3.46
Sales & Book Value
Annual Sales$12.61 billion
Price / Sales1.55
Cash Flow$11.7216 per share
Price / Cash9.16
Book Value$55.69 per share
Price / Book1.93
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
Market Cap$19,306.18
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 announced a quarterly dividend on Thursday, June 21st. Stockholders of record on Monday, September 17th will be paid a dividend of $0.8825 per share on Monday, October 15th. This represents a $3.53 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Friday, September 14th. View DTE Energy's Dividend History.
How were DTE Energy's earnings last quarter?
DTE Energy Co (NYSE:DTE) issued its quarterly earnings data on Wednesday, April, 25th. The utilities provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.02. The utilities provider earned $3.75 billion during the quarter, compared to analysts' expectations of $3.26 billion. DTE Energy had a return on equity of 10.27% and a net margin of 8.34%. During the same quarter in the prior year, the company posted $1.79 EPS. 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 issued an update on its FY18 earnings guidance on Friday, June, 22nd. The company provided EPS guidance of $5.57-5.99 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.77.
What price target have analysts set for DTE?
9 brokers have issued 12 month price targets for DTE Energy's shares. Their forecasts range from $103.00 to $121.00. On average, they expect DTE Energy's share price to reach $109.3333 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Ratings for DTE Energy.
What is the consensus analysts' recommendation for DTE Energy?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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), Edison International (EIX), Tenaga Nasional Bhd (TNABY), PPL (PPL), Eversource Energy (ES), SSE PLC/S (SSEZY), Korea Electric Power (KEP), FirstEnergy (FE), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY) and Entergy (ETR).
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?
Media stories about DTE stock have been trending somewhat negative this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DTE Energy earned a news sentiment score of -0.01 on Accern's scale. They also gave media coverage about the utilities provider an impact score of 44.99 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact 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 shareholders include Sit Investment Associates Inc. (0.12%), Bank of Montreal Can (0.12%), Arvest Bank Trust Division (0.06%), State of Alaska Department of Revenue (0.06%), Retirement Systems of Alabama (0.05%) and Gulf International Bank UK Ltd (0.03%). 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 Bank of Montreal Can, Hartford Investment Management Co., Legacy Private Trust Co., James Investment Research Inc., Municipal Employees Retirement System of Michigan, Arvest Bank Trust Division, Nisa Investment Advisors LLC and Gateway Investment Advisers LLC. 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 State of Alaska Department of Revenue, Sit Investment Associates Inc., Campbell & CO Investment Adviser LLC, IFM Investors Pty Ltd, Denali Advisors LLC, Gulf International Bank UK Ltd, Amalgamated Bank and Atria Investments 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 $107.37.
How big of a company is DTE Energy?
DTE Energy has a market capitalization of $19.31 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 (NYSE 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.
