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

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

DTE Energy declared a quarterly dividend on Monday, October 28th. Stockholders of record on Monday, December 16th will be given a dividend of $1.013 per share on Wednesday, January 15th. This represents a $4.05 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Friday, December 13th. This is an increase from DTE Energy's previous quarterly dividend of $0.95. View DTE Energy's Dividend History.

DTE Energy Co (NYSE:DTE) issued its earnings results on Monday, October, 28th. The utilities provider reported $1.91 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.00 by $0.09. The utilities provider had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.65 billion. DTE Energy had a net margin of 8.24% and a return on equity of 9.93%. During the same period in the previous year, the business posted $2.13 earnings per share. View DTE Energy's Earnings History.

DTE Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for DTE Energy.

DTE Energy updated its FY 2020 Pre-Market earnings guidance on Monday, October, 28th. The company provided earnings per share (EPS) guidance of $$6.47-6.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $$6.59.

9 brokers have issued twelve-month target prices for DTE Energy's shares. Their forecasts range from $122.00 to $145.00. On average, they expect DTE Energy's share price to reach $134.89 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for DTE Energy.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DTE Energy.

Media coverage about DTE stock has been trending somewhat negative on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DTE Energy earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the next few days. View News Stories for DTE Energy.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other DTE Energy investors own include Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Ford Motor (F), JPMorgan Chase & Co. (JPM), Boeing (BA), Delta Air Lines (DAL), Dow Chemical (DOW), Duke Energy (DUK) and Dominion Energy (D).

DTE Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.10%), Hexavest Inc. (0.07%), Calamos Advisors LLC (0.06%), Arvest Bank Trust Division (0.06%), State of Alaska Department of Revenue (0.05%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own DTE Energy stock include David Ruud, Gary Torgow, Gerard M Anderson, Jeffrey A Jewell, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak, Ruth G Shaw 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 Hexavest Inc., Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, NEXT Financial Group Inc, AE Wealth Management LLC, Arvest Bank Trust Division, State of Alaska Department of Revenue and Farmers Trust Co.. Company insiders that have sold DTE Energy company stock in the last year include Gerard M Anderson, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak and Trevor F Lauer. View Insider Buying and Selling for DTE Energy.

DTE stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, AdvisorShares Investments LLC, Nisa Investment Advisors LLC, Hennessy Advisors Inc., Chapwood Capital Investment Management LLC, Commerzbank Aktiengesellschaft FI, Wealthfront Advisers LLC and DNB Asset Management AS. Company insiders that have bought DTE Energy stock in the last two years include Gary Torgow and Ruth G Shaw. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of DTE stock can currently be purchased for approximately $132.62.

DTE Energy has a market capitalization of $25.11 billion and generates $14.21 billion in revenue each year. The utilities provider earns $1.12 billion in net income (profit) each year or $6.30 on an earnings per share basis. DTE Energy employs 10,600 workers across the globe.View Additional Information About DTE Energy.

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

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]