About DTE Energy (NYSE:DTE)
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 Ratio1.22%
Current Ratio1.10%
Quick Ratio0.82%
Price-To-Earnings
Trailing P/E Ratio18.50
Forward P/E Ratio17.86
P/E Growth3
Sales & Book Value
Annual Sales$12.61 billion
Price / Sales1.48
Cash Flow$11.5395 per share
Price / Cash8.99
Book Value$55.69 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)$5.59
Net Income$1.13 billion
Net Margins8.99%
Return on Equity10.81%
Return on Assets3.21%
Miscellaneous
Employees10,200
Outstanding Shares179,380,000
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 Friday, February 2nd. Shareholders of record on Monday, March 19th will be given a dividend of $0.8825 per share on Sunday, April 15th. This represents a $3.53 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Friday, March 16th. View DTE Energy's Dividend History.
How were DTE Energy's earnings last quarter?
DTE Energy (NYSE:DTE) announced its quarterly earnings results on Friday, February, 16th. The utilities provider reported $1.26 EPS for the quarter, topping the Zacks' consensus estimate of $1.19 by $0.07. The utilities provider had revenue of $3.27 billion for the quarter, compared to analysts' expectations of $2.17 billion. DTE Energy had a return on equity of 10.81% and a net margin of 8.99%. During the same period in the prior year, the business earned $0.81 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 Monday, April, 9th. The company provided earnings per share guidance of $5.57-5.99 for the period, compared to the Thomson Reuters consensus estimate of $5.79.
What price target have analysts set for DTE?
10 analysts have issued 12-month target prices for DTE Energy's shares. Their predictions range from $103.00 to $121.00. On average, they anticipate DTE Energy's share price to reach $109.8889 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 American Electric Power (AEP), CLP Group (CLPHY), Edison International (EIX), Korea Electric Power (KEP), PPL (PPL), SSE (SSEZY), Eversource Energy (ES), FirstEnergy (FE), Avangrid (AGR), Entergy (ETR), Fortis (FTS), Energias de Portugal (EDPFY), Enel Américas (ENIA), Centrica (CPYYY), Houston Lighting & Power (CNP), Red Eléctrica de Espańa (RDEIY), NRG Energy (NRG) and Vistra Energy (VST).
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?
News stories about DTE stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DTE Energy earned a news impact score of 0.24 on Accern's scale. They also gave media coverage about the utilities provider an impact score of 45.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $103.74.
How big of a company is DTE Energy?
DTE Energy has a market capitalization of $18.74 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.
DTE Energy (NYSE:DTE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for DTE Energy in the last 12 months. Their average twelve-month price target is $109.8889, suggesting that the stock has a possible upside of 5.93%. The high price target for DTE is $121.00 and the low price target for DTE is $103.00. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Buy |
| Consensus Rating Score: | 2.40 | 2.40 | 2.44 | 2.50 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $109.8889 | $109.7778 | $114.1875 | $108.6250 |
| Price Target Upside: | 5.93% upside | 7.79% upside | 9.87% upside | 3.13% downside |
DTE Energy (NYSE:DTE) Consensus Price Target History
DTE Energy (NYSE:DTE) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
DTE Energy (NYSE:DTE) Dividend Information
DTE Energy pays an annual dividend of $3.53 per share, with a dividend yield of 3.40%. DTE's most recent quarterly dividend payment was Sunday, April 15. The company has grown its dividend for the last 6 consecutive years and is increasing its dividend by an average of 7.50% each year. DTE Energy pays out 63.15% of its earnings out as a dividend.
| Most Recent Dividend: | 4/15/2018 |
| Annual Dividend: | $3.53 |
| Dividend Yield: | 3.40% |
| Dividend Growth: | 7.50% (3 Year Average) |
| Payout Ratio: | 63.15% (Trailing 12 Months of Earnings)
60.76% (Based on This Year's Estimates)
57.21% (Based on Next Year's Estimates)
|
| Track Record: | 6 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
DTE Energy (NYSE:DTE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/2/2018 | quarterly | $0.8825 | 3.38% | 3/16/2018 | 3/19/2018 | 4/15/2018 |
| 11/3/2017 | quarterly | $0.8825 | 3.16% | 12/15/2017 | 12/18/2017 | 1/15/2018 |
| 6/22/2017 | quarterly | $0.8250 | 3.03% | 9/15/2017 | 9/18/2017 | 10/15/2017 |
| 5/8/2017 | quarterly | $0.8250 | | 6/15/2017 | 6/19/2017 | 7/15/2017 |
| 2/3/2017 | quarterly | $0.8250 | 3.36% | 3/16/2017 | 3/20/2017 | 4/15/2017 |
| 11/4/2016 | quarterly | $0.8250 | | 12/15/2016 | 12/19/2016 | 1/15/2017 |
| 10/18/2016 | quarterly | $0.77 | 3.32% | 12/13/2016 | 12/15/2016 | 1/1/2017 |
| 6/23/2016 | quarterly | $0.77 | 3.22% | 9/15/2016 | 9/19/2016 | 10/15/2016 |
| 5/5/2016 | quarterly | $0.73 | 3.24% | 6/16/2016 | 6/20/2016 | 7/15/2016 |
| 2/4/2016 | quarterly | $0.73 | 3.38% | 3/17/2016 | 3/21/2016 | 4/15/2016 |
| 12/3/2015 | quarterly | $0.73 | 3.73% | 12/17/2015 | 12/21/2015 | 1/15/2016 |
| 6/25/2015 | quarterly | $0.73 | 3.9% | 9/17/2015 | 9/21/2015 | 10/15/2015 |
| 5/7/2015 | quarterly | $0.69 | 3.48% | 6/11/2015 | 6/15/2015 | 7/15/2015 |
| 2/5/2015 | quarterly | $0.69 | 3.24% | 3/12/2015 | 3/16/2015 | 4/15/2015 |
| 12/3/2014 | quarterly | $0.69 | 3.34% | 12/11/2014 | 12/15/2014 | 1/15/2015 |
| 6/19/2014 | quarterly | $0.69 | 3.56% | 9/11/2014 | 9/15/2014 | 10/15/2014 |
| 5/1/2014 | quarterly | $0.6550 | 3.4% | 6/12/2014 | 6/16/2014 | 7/15/2014 |
| 2/6/2014 | quarterly | $0.6550 | 3.86% | 3/13/2014 | 3/17/2014 | 4/15/2014 |
| 12/5/2013 | quarterly | $0.6550 | 3.88% | 12/12/2013 | 12/16/2013 | 1/15/2014 |
| 6/20/2013 | quarterly | $0.6550 | 4.05% | 9/12/2013 | 9/16/2013 | 10/15/2013 |
| 5/1/2013 | quarterly | $0.6550 | 3.62% | 6/13/2013 | 6/17/2013 | 7/15/2013 |
| 2/7/2013 | quarterly | $0.62 | 3.86% | 3/14/2013 | 3/18/2013 | 4/15/2013 |
| 12/9/2012 | quarterly | $0.62 | 4.06% | 12/17/2012 | 12/19/2012 | 1/15/2013 |
(Data available from 1/1/2013 forward)
DTE Energy (NYSE DTE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.59%
Institutional Ownership Percentage: 68.43%
DTE Energy (NYSE DTE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/2/2018 | David Ruud | Insider | Sell | 7,680 | $100.54 | $772,147.20 | |  |
| 3/1/2018 | Lisa A Muschong | VP | Sell | 1,341 | $100.97 | $135,400.77 | 2,676 | |
| 2/22/2018 | Gerard M Anderson | CEO | Sell | 12,500 | $102.53 | $1,281,625.00 | 87,358 | |
| 11/17/2017 | Gerard M Anderson | Chairman | Sell | 12,389 | $112.93 | $1,399,089.77 | 83,000 | |
| 8/17/2017 | Mark W Stiers | Insider | Sell | 3,632 | $110.03 | $399,628.96 | 25,257 | |
| 8/4/2017 | Larry E Steward | Insider | Sell | 9,999 | $107.52 | $1,075,092.48 | 39,698 | |
| 7/28/2017 | Gerard M Anderson | Chairman | Sell | 12,000 | $106.83 | $1,281,960.00 | 80,000 | |
| 6/8/2017 | Lisa A Muschong | VP | Sell | 426 | $109.51 | $46,651.26 | 2,543 | |
| 6/7/2017 | Gerardo Norcia | COO | Sell | 4,838 | $110.73 | $535,711.74 | 115,930 | |
| 6/6/2017 | Bruce D Peterson | SVP | Sell | 5,000 | $110.08 | $550,400.00 | 29,156 | |
| 5/2/2017 | Trevor F Lauer | Insider | Sell | 3,800 | $104.21 | $395,998.00 | 10,117 | |
| 4/28/2017 | Gerard M Anderson | Chairman | Sell | 17,000 | $104.77 | $1,781,090.00 | 80,000 | |
| 3/3/2017 | Lisa A Muschong | VP | Sell | 1,771 | $101.12 | $179,083.52 | 2,969 | |
| 2/21/2017 | Steven E Kurmas | Vice Chairman | Sell | 10,000 | $98.25 | $982,500.00 | 48,452 | |
| 2/17/2017 | Gerard M Anderson | Chairman | Sell | 17,000 | $98.19 | $1,669,230.00 | 93,000 | |
| 2/13/2017 | David A Thomas | Director | Buy | 673 | $98.02 | $65,967.46 | 1,673 | |
| 12/8/2016 | Lisa A Muschong | VP | Sell | 520 | $95.95 | $49,894.00 | 2,466 | |
| 12/6/2016 | Bruce D Peterson | SVP | Sell | 10,000 | $95.43 | $954,300.00 | 24,207 | |
| 11/22/2016 | Gerard M Anderson | Chairman | Sell | 15,000 | $93.74 | $1,406,100.00 | 90,000 | |
| 8/1/2016 | Gerard M Anderson | Chairman | Sell | 17,500 | $97.96 | $1,714,300.00 | 77,500 | |
| 6/3/2016 | Lisa A Muschong | Insider | Sell | 1,075 | $92.79 | $99,749.25 | 2,986 | |
| 5/11/2016 | David E Meador | CAO | Sell | 6,700 | $90.14 | $603,938.00 | 19,000 | |
| 5/3/2016 | Gerard M Anderson | CEO | Sell | 20,000 | $89.75 | $1,795,000.00 | 95,000 | |
| 2/29/2016 | Gail J. Mcgovern | Director | Sell | 1,000 | $84.92 | $84,920.00 | | |
| 2/23/2016 | Larry E Steward | VP | Sell | 2,500 | $85.31 | $213,275.00 | 40,490 | |
| 2/23/2016 | Lisa A Muschong | Insider | Sell | 1,322 | $85.34 | $112,819.48 | 4,061 | |
| 2/23/2016 | Steven E Kurmas | COO | Sell | 12,771 | $85.19 | $1,087,961.49 | 38,837 | |
| 2/19/2016 | David Ruud | Insider | Sell | 8,000 | $84.88 | $679,040.00 | 29,506 | |
| 2/16/2016 | David E Meador | CAO | Sell | 15,963 | $83.48 | $1,332,591.24 | 32,699 | |
| 2/16/2016 | Gerard M. Anderson | CEO | Sell | 15,000 | $84.35 | $1,265,250.00 | 75,000 | |
| 2/16/2016 | Peter B. Oleksiak | CFO | Sell | 2,500 | $83.62 | $209,050.00 | 29,985 | |
| 9/8/2015 | Bruce D Peterson | SVP | Sell | 10,000 | $75.93 | $759,300.00 | 27,410 | |
| 5/11/2015 | Gerard M Anderson | CEO | Sell | 12,000 | $79.16 | $949,920.00 | | |
| 4/28/2015 | Peter B Oleksiak | CFO | Sell | 3,976 | $81.64 | $324,600.64 | | |
| 3/9/2015 | Lisa A Muschong | Insider | Sell | 1,171 | $78.60 | $92,040.60 | | |
| 3/6/2015 | Ruth G Shaw | Director | Buy | 2,500 | $79.16 | $197,900.00 | | |
| 3/5/2015 | Naif A Khouri | VP | Sell | 1,232 | $81.16 | $99,989.12 | | |
| 3/4/2015 | Bruce D Peterson | SVP | Sell | 15,000 | $80.41 | $1,206,150.00 | | |
| 2/24/2015 | Larry E Steward | VP | Sell | 15,000 | $84.57 | $1,268,550.00 | | |
| 2/23/2015 | Naif A Khouri | VP | Sell | 1,142 | $83.61 | $95,482.62 | | |
| 1/3/2015 | David Brandon | Director | Sell | 1,975 | $87.01 | $171,844.75 | | |
| 12/1/2014 | Naif A Khouri | VP | Sell | 1,223 | $81.43 | $99,588.89 | | |
| 11/25/2014 | Gerard M Anderson | CEO | Sell | 15,000 | $80.29 | $1,204,350.00 | | |
| 11/17/2014 | Naif A Khouri | VP | Sell | 1,000 | $81.04 | $81,040.00 | | |
| 8/25/2014 | Gerard M Anderson | CEO | Sell | 14,000 | $77.16 | $1,080,240.00 | | |
| 8/25/2014 | Gerardo Norcia | Insider | Sell | 7,480 | $77.42 | $579,101.60 | | |
| 8/21/2014 | Steven E Kurmas | COO | Sell | 10,000 | $77.36 | $773,600.00 | | |
| 8/13/2014 | Naif A Khouri | VP | Sell | 1,000 | $75.12 | $75,120.00 | | |
| 5/6/2014 | Gerard Anderson | CEO | Sell | 10,000 | $77.78 | $777,800.00 | 319,160 | |
| 4/29/2014 | Larry Steward | VP | Sell | 10,000 | $78.00 | $780,000.00 | 31,406 | |
| 3/10/2014 | Lisa Muschong | Insider | Sell | 1,411 | $70.26 | $99,136.86 | 3,600 | |
| 3/7/2014 | Bruce Peterson | SVP | Sell | 20,285 | $69.97 | $1,419,341.45 | 42,265 | |
| 2/28/2014 | Gerard Anderson | CEO | Sell | 20,000 | $71.73 | $1,434,600.00 | 319,160 | |
| 2/25/2014 | Steven Kurmas | COO | Sell | 20,000 | $72.09 | $1,441,800.00 | 21,000 | |
| 2/21/2014 | Naif Khouri | VP | Sell | 1,000 | $72.53 | $72,530.00 | 17,322 | |
| 2/20/2014 | Gerardo Norcia | Insider | Sell | 40,000 | $72.30 | $2,892,000.00 | 66,392 | |
| 11/20/2013 | Steven Kurmas | Insider | Sell | 15,000 | $68.85 | $1,032,750.00 | 78,024 | |
| 8/22/2013 | Gerard Anderson | CEO | Sell | 15,000 | $66.86 | $1,002,900.00 | 257,882 | |
| 5/23/2013 | Paul Christie Hillegonds | VP | Sell | 2,000 | $68.81 | $137,620.00 | | |
| 5/8/2013 | Gerard M Anderson | CEO | Sell | 20,000 | $71.78 | $1,435,600.00 | | |
| 2/28/2013 | James Bruce Nicholson | Director | Buy | 1,500 | $66.59 | $99,885.00 | | |
| 2/26/2013 | Gerard M Anderson | CEO | Sell | 20,000 | $65.91 | $1,318,200.00 | | |
| 2/25/2013 | David E Meador | CFO | Sell | 17,000 | $65.92 | $1,120,640.00 | | |
| 9/5/2012 | Paul Christie Hillegonds | VP | Sell | 3,000 | $59.14 | $177,420.00 | | |
| 8/27/2012 | James Bruce Nicholson | Director | Buy | 1,700 | $58.97 | $100,249.00 | | |
(Data available from 1/1/2013 forward)
DTE Energy (NYSE DTE) News Headlines
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DTE Energy (NYSE:DTE) SEC Filings
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DTE Energy (NYSE:DTE) Income Statement, Balance Sheet and Cash Flow Statement
DTE Energy (NYSE DTE) Stock Chart for Thursday, April, 19, 2018
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