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

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$124.04 +0.90 (+0.73 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$123.14
Today's Range$122.05 - $124.32
52-Week Range$94.25 - $126.07
Volume1.38 million shs
Average Volume1.06 million shs
Market Capitalization$22.73 billion
P/E Ratio19.69
Dividend Yield3.07%
Beta0.26
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 696 distribution substations and 442,700 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 19,800 miles of distribution mains; 1,305,000 service pipelines; and 1,273,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its 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. The company's Power and Industrial Projects segment offers 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; 23 landfill gas recovery sites; and 10 reduced emissions fuel facilities. Its Energy Trading segment engages in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The 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$14.21 billion
Cash Flow$12.7876 per share
Book Value$58.91 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees10,600
Market Cap$22.73 billion
Next Earnings Date4/24/2019 (Confirmed)
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 announced a quarterly dividend on Thursday, January 31st. Stockholders of record on Monday, March 18th will be paid a dividend of $0.945 per share on Monday, April 15th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Friday, March 15th. 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, April, 24th. The utilities provider reported $2.05 EPS for the quarter, beating the consensus estimate of $1.96 by $0.09. DTE Energy had a net margin of 7.88% and a return on equity of 10.85%. During the same period in the previous year, the business earned $1.91 EPS. 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 Wednesday, April 24th 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, April, 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 $6.22.

What price target have analysts set for DTE?

12 brokers have issued twelve-month price targets for DTE Energy's shares. Their predictions range from $105.00 to $123.00. On average, they anticipate DTE Energy's stock price to reach $116.5455 in the next year. This suggests that the stock has a possible downside of 6.0%. 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, 5 hold ratings and 6 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 headlines about DTE stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. DTE Energy earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term.

Who are some of DTE Energy's key competitors?

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 JPMorgan Chase & Co. (JPM), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Dow Chemical (DOW), Netflix (NFLX), Boeing (BA), General Electric (GE), Cisco Systems (CSCO) and QUALCOMM (QCOM).

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)
  • Mr. Trevor F. Lauer, Pres & COO of DTE Electric Company (Age 55)

Who are DTE Energy's major shareholders?

DTE Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.58%), Hexavest Inc. (0.31%), Hennessy Advisors Inc. (0.11%), State of Alaska Department of Revenue (0.07%), Arvest Bank Trust Division (0.06%) and Retirement Systems of Alabama (0.05%). Company insiders that own DTE Energy stock include Bruce D Peterson, David Ruud, Gerard M Anderson, Gerardo Norcia, Jeffrey A Jewell, Larry E Steward, Lisa A Muschong, Mark W Stiers, Peter B Oleksiak 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 Duff & Phelps Investment Management Co., Nisa Investment Advisors LLC, Sumitomo Life Insurance Co., First Hawaiian Bank, Capital Investment Advisors LLC, Meeder Asset Management Inc., Arvest Bank Trust Division and Huntington National Bank. Company insiders that have sold DTE Energy company stock in the last year include 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., Quantitative Systematic Strategies LLC, Pacer Advisors Inc., Blue Chip Partners Inc., Hennessy Advisors Inc., Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV and State of Alaska Department of Revenue. 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 $124.04.

How big of a company is DTE Energy?

DTE Energy has a market capitalization of $22.73 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.

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:  332 (Vote Outperform)
Underperform Votes:  430 (Vote Underperform)
Total Votes:  762
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 4/24/2019 by MarketBeat.com Staff

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