NYSE:DTE DTE Energy - DTE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DTE Energy Please log in to your account or sign up in order to add this asset to your watchlist. $107.94 +1.69 (+1.59%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$106.78▼$108.5650-Day Range$102.66▼$116.3752-Week Range$100.64▼$140.23Volume935,328 shsAverage Volume1.22 million shsMarket Capitalization$22.25 billionP/E Ratio19.55Dividend Yield3.53%Price Target$128.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DTE Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside19.1% Upside$128.56 Price TargetShort InterestHealthy0.83% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.51Upright™ Environmental ScoreNews Sentiment0.34Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth7.07%From $6.22 to $6.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsUtilities Sector15th out of 85 stocksElectric Services Industry10th out of 41 stocks 2.4 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.56, DTE Energy has a forecasted upside of 19.1% from its current price of $107.94.Amount of Analyst CoverageDTE Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.83% of the outstanding shares of DTE Energy have been sold short.Short Interest Ratio / Days to CoverDTE Energy has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently decreased by 9.04%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipDTE Energy is a leading dividend payer. It pays a dividend yield of 3.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDTE Energy has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 69.02%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, DTE Energy will have a dividend payout ratio of 57.21% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -45.09% net impact score from Upright. The largest negative impact of DTE Energy in category "GHG emissions" seems to be driven mostly by its "Electricity produced with coal", "Natural gas distribution services", and "Electricity distribution services of electricity produced with fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for DTE Energy is -6.51. Previous Next 2.4 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 11 news articles for DTE Energy this week, compared to 6 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for DTE Energy this week, compared to 8 mentions on an average week.Search InterestOnly 18 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows7 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DTE Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of DTE Energy is held by insiders.Percentage Held by Institutions74.55% of the stock of DTE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.07% in the coming year, from $6.22 to $6.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 19.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.77.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 19.55, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 107.38.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDTE Energy has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DTE Energy (NYSE:DTE) StockDTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional developmentRead More Receive DTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DTE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address DTE Stock News HeadlinesFebruary 28, 2023 | marketbeat.comDTE Energy, Consumers Energy face power-outage challengesExperts say changing and increasingly severe weather patterns and an electric infrastructure designed for a different time and climate can be blamed on power outages that left more than 800,000 Michigan homes and businesses in the dark over several daysMarch 29, 2023 | americanbankingnews.comSeaport Res Ptn Brokers Cut Earnings Estimates for DTE Energy (NYSE:DTE)March 30, 2023 | The Oxford Club (Ad)JP Morgan analyst: Oil to hit $380 per barrelJP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.March 24, 2023 | americanbankingnews.comDTE Energy (NYSE:DTE) PT Lowered to $120.00 at Morgan StanleyMarch 17, 2023 | msn.comMichigan lawmakers, residents grill DTE, Consumers over power outages from recent stormsMarch 17, 2023 | marketwatch.comDTE Energy Co. stock rises Thursday, still underperforms marketMarch 16, 2023 | finance.yahoo.comDTE Energy invests $2.5 billion with Michigan suppliers including Detroit-based and diverse businessesMarch 15, 2023 | marketwatch.comDTE Energy Co. stock rises Wednesday, outperforms marketMarch 30, 2023 | Porter & Company (Ad)Biden's corruption knows no endPorter Stansberry here -- I reveal the shocking changes this Obama policy will usher in… what it means for you, your family, and your finances… and how you can prepare for this new American era. Stream my new documentary at no cost today.March 14, 2023 | marketwatch.comDTE Energy Co. stock rises Tuesday, still underperforms marketMarch 10, 2023 | seekingalpha.comDTE Energy Has Become Attractive AgainMarch 8, 2023 | msn.comDTE Energy cable failure in Fraser causes manhole explosion, brief power outagesMarch 3, 2023 | msn.comDTE assists customers without power as snow moves inMarch 1, 2023 | marketwatch.comDTE Energy Co. stock underperforms Wednesday when compared to competitorsMarch 1, 2023 | marketwatch.comDTE Energy Co. stock falls Tuesday, underperforms marketFebruary 26, 2023 | finance.yahoo.comMichigan residents endure 4th straight day without power, as California gets breather from winter stormFebruary 26, 2023 | finance.yahoo.comDTE Energy Company (NYSE:DTE) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comAfter Michigan storm, customers wait - and wait - for powerFebruary 24, 2023 | finance.yahoo.comWinter Storms Leave Hundreds of Thousands Without PowerFebruary 24, 2023 | finance.yahoo.comQ4 2022 DTE Energy Co Earnings CallFebruary 23, 2023 | finance.yahoo.comExtreme Ice Storm Cuts Power to 800,000 Michigan Homes, BusinessesFebruary 23, 2023 | finance.yahoo.comBlizzard warning in San Diego, blackouts in Michigan as wild winter storm grips much of U.S.February 23, 2023 | marketwatch.comDTE Energy 4Q Profit DeclinedFebruary 23, 2023 | msn.comDTE Energy Non-GAAP EPS of $1.31 beats by $0.07February 23, 2023 | finance.yahoo.comDTE Energy closes year with strong financial results; well-positioned for 2023February 22, 2023 | seekingalpha.comDTE Energy Q4 2022 Earnings PreviewFebruary 16, 2023 | finance.yahoo.comDTE Energy (DTE) Reports Next Week: Wall Street Expects Earnings GrowthSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DTE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address DTE Company Calendar Ex-Dividend for 1/15 Dividend12/16/2022Dividend Payable1/15/2023Last Earnings2/23/2023Ex-Dividend for 4/15 Dividend3/17/2023Today3/29/2023Dividend Payable4/15/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:DTE CUSIP23333110 CIK936340 Webwww.dteenergy.com Phone(313) 235-4000Fax313-235-6743Employees10,250Year Founded1995Price Target and Rating Average Stock Price Forecast$128.56 High Stock Price Forecast$140.00 Low Stock Price Forecast$120.00 Forecasted Upside/Downside+19.1%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.52 Trailing P/E Ratio19.55 Forward P/E Ratio17.35 P/E Growth2.86Net Income$1.08 billion Net Margins5.63% Pretax Margin5.78% Return on Equity12.99% Return on Assets2.88% Debt Debt-to-Equity Ratio1.62 Current Ratio0.81 Quick Ratio0.63 Sales & Book Value Annual Sales$19.23 billion Price / Sales1.16 Cash Flow$14.13 per share Price / Cash Flow7.64 Book Value$53.69 per share Price / Book2.01Miscellaneous Outstanding Shares206,110,000Free Float204,851,000Market Cap$22.25 billion OptionableOptionable Beta0.58 Social Links Key ExecutivesJerry NorciaChairman, President & Chief Executive OfficerDavid RuudChief Financial Officer & Senior Vice PresidentSteven B. AmbroseChief Information Officer & Vice PresidentRobert A. RichardExecutive Vice President-IT & Customer ServiceJoAnn ChavezChief Legal Officer & Senior Vice PresidentKey CompetitorsCenterPoint EnergyNYSE:CNPDominion EnergyNYSE:DEntergyNYSE:ETRFirstEnergyNYSE:FEFortisNYSE:FTSView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 4,916 shares on 3/28/2023Ownership: 0.002%Neo Ivy Capital ManagementBought 6,150 shares on 3/27/2023Ownership: 0.003%Victory Capital Management Inc.Bought 122,753 shares on 3/10/2023Ownership: 0.384%Capital Asset Advisory Services LLCBought 571 shares on 3/8/2023Ownership: 0.002%Great Lakes Retirement Inc.Bought 8,377 shares on 3/7/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions DTE Stock - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DTE shares. View DTE analyst ratings or view top-rated stocks. What is DTE Energy's stock price forecast for 2023? 7 Wall Street analysts have issued 1-year price objectives for DTE Energy's stock. Their DTE share price forecasts range from $120.00 to $140.00. On average, they expect the company's share price to reach $128.56 in the next year. This suggests a possible upside of 19.1% from the stock's current price. View analysts price targets for DTE or view top-rated stocks among Wall Street analysts. How have DTE shares performed in 2023? DTE Energy's stock was trading at $117.53 at the beginning of the year. Since then, DTE shares have decreased by 8.2% and is now trading at $107.94. View the best growth stocks for 2023 here. Are investors shorting DTE Energy? DTE Energy saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 1,710,000 shares, a decline of 9.0% from the February 28th total of 1,880,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is presently 1.4 days. View DTE Energy's Short Interest. When is DTE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our DTE earnings forecast. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) announced its quarterly earnings data on Thursday, February, 23rd. The utilities provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.07. The utilities provider earned $4.48 billion during the quarter, compared to the consensus estimate of $4.07 billion. DTE Energy had a net margin of 5.63% and a trailing twelve-month return on equity of 12.99%. During the same period last year, the firm earned $1.05 EPS. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy announced a quarterly dividend on Thursday, February 2nd. Stockholders of record on Monday, March 20th will be paid a dividend of $0.9525 per share on Saturday, April 15th. This represents a $3.81 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Friday, March 17th. This is a positive change from the stock's previous quarterly dividend of $0.95. Read our dividend analysis for DTE. What ETFs hold DTE Energy's stock? ETFs with the largest weight of DTE Energy (NYSE:DTE) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco DWA Utilities Momentum ETF (PUI), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU), First Trust EIP Carbon Impact ETF (ECLN), Fidelity MSCI Utilities Index ETF (FUTY) and iShares U.S. Utilities ETF (IDU). Is DTE Energy a good dividend stock? DTE Energy (NYSE:DTE) pays an annual dividend of $3.81 per share and currently has a dividend yield of 3.57%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 57.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DTE. What guidance has DTE Energy issued on next quarter's earnings? DTE Energy updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $6.09-$6.40 for the period, compared to the consensus earnings per share estimate of $6.25. The company issued revenue guidance of -. What is Jerry Norcia's approval rating as DTE Energy's CEO? 40 employees have rated DTE Energy Chief Executive Officer Jerry Norcia on Glassdoor.com. Jerry Norcia has an approval rating of 97% among the company's employees. This puts Jerry Norcia in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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 a variety of institutional and retail investors. Top institutional investors include Geode Capital Management LLC (2.02%), Price T Rowe Associates Inc. MD (1.68%), Neuberger Berman Group LLC (1.29%), Millennium Management LLC (1.23%), Morgan Stanley (1.06%) and Boston Partners (1.04%). Insiders that own company stock include David A Thomas, Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, Mark C Rolling, Robert A Richard, Tracy J Myrick and Trevor F Lauer. View institutional ownership trends. How do I buy shares of DTE Energy? Shares of DTE stock 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. Compare Top Brokerages Here. What is DTE Energy's stock price today? One share of DTE stock can currently be purchased for approximately $107.94. How much money does DTE Energy make? DTE Energy (NYSE:DTE) has a market capitalization of $22.25 billion and generates $19.23 billion in revenue each year. The utilities provider earns $1.08 billion in net income (profit) each year or $5.52 on an earnings per share basis. How many employees does DTE Energy have? The company employs 10,250 workers across the globe. How can I contact DTE Energy? DTE Energy's mailing address is One Energy Plaza, Detroit MI, 48226. The official website for the company is www.dteenergy.com. The utilities provider can be reached via phone at (313) 235-4000, via email at investor_relations@dteenergy.com, or via fax at 313-235-6743. This page (NYSE:DTE) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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