NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis → Man Who Called Nvidia at $1.10 Says Buy This Now... (From The Oxford Club) (Ad) Free DTE Stock Alerts $112.64 -1.10 (-0.97%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$112.33▼$115.2750-Day Range$103.21▼$117.2052-Week Range$90.14▼$117.44Volume999,361 shsAverage Volume1.12 million shsMarket Capitalization$23.31 billionP/E Ratio18.44Dividend Yield3.62%Price Target$115.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get DTE Energy alerts: Email Address DTE Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside2.5% Upside$115.44 Price TargetShort InterestHealthy1.50% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.95Upright™ Environmental ScoreNews Sentiment1.19Based on 10 Articles This WeekInsider TradingSelling Shares$1.70 M Sold Last QuarterProj. Earnings Growth6.87%From $6.70 to $7.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.49 out of 5 starsUtilities Sector16th out of 87 stocksElectric Services Industry4th out of 42 stocks 2.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageDTE Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about DTE Energy's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.50% 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 2.8, 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 10.40%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDTE Energy is a leading dividend payer. It pays a dividend yield of 3.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDTE Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DTE Energy is 66.78%. 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 56.98% next year. This indicates that DTE Energy will be able to sustain or increase its dividend.Read more about DTE Energy's dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -45.85% net impact score from Upright. The largest negative impact of DTE Energy in category "GHG emissions" seems to be driven mostly by its "Electricity trade", "Electricity produced with coal", and "Electricity produced with natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for DTE Energy is -6.95. Previous Next 3.4 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 1.19. 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 higher news sentiment than the 0.63 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for DTE Energy this week, compared to 9 articles on an average week.Search InterestOnly 6 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of -33% 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 75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DTE Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,702,444.00 in company stock.Percentage Held by InsidersOnly 0.28% of the stock of DTE Energy is held by insiders.Percentage Held by Institutions76.06% of the stock of DTE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about DTE Energy's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 6.87% in the coming year, from $6.70 to $7.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 18.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.96.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 18.44, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.74.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.05. 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 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about DTE Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWall Street Icon: "I'd Put 50% of My Kids' Inheritance in THIS stock"Wall Street Icon Warns: "A Great Financial Reset is Underway" The man CNBC called "The Prophet" predicted the 2008 housing crisis and the 2022 sell-off… Now, he says that despite the bull market, he's worried older Americans are holding the WRONG stocks in their portfolios for this stage of their lives. So, he's urging folks to buy "America's No. 1 Legacy Stock," which could help them build wealth they could pass on for generations.Learn more here. About DTE Energy Stock (NYSE:DTE)DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.Read More DTE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTE Stock News HeadlinesJune 7, 2024 | insidertrades.comInsider Selling: DTE Energy (NYSE:DTE) Vice Chairman Sells 3,500 Shares of StockJune 5, 2024 | insidertrades.comDTE Energy (NYSE:DTE) VP Lisa A. Muschong Sells 1,198 SharesMay 18, 2024 | insidertrades.comDTE Energy (NYSE:DTE) COO Mark W. Stiers Sells 10,000 SharesJune 10 at 12:22 PM | reuters.comDTE Energy to build power storage center at former coal plant siteJune 10 at 10:30 AM | globenewswire.comDTE Energy to build region's largest battery energy storage center at site of retired Trenton Channel coal plantJune 6, 2024 | americanbankingnews.comLisa A. Muschong Sells 1,198 Shares of DTE Energy (NYSE:DTE) StockJune 4, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) Short Interest Up 5.2% in MayMay 25, 2024 | finance.yahoo.comDTE Energy Company JR SUB DB 2017 E (DTW)May 23, 2024 | investorplace.comMeme Stocks With Value: 7 Strong Buys that Can Rise Without Roaring KittyMay 22, 2024 | msn.comSolar energy park breaks ground near SheridanMay 20, 2024 | msn.comCapture and reuse opportunities for CO₂ in the construction sector in the next 100 yearsMay 20, 2024 | finance.yahoo.comDTE Energy’s ground-breaking energy efficiency academy grows talent pipeline program in Detroit and expands to Grand RapidsMay 20, 2024 | globenewswire.comDTE Energy's ground-breaking energy efficiency academy grows talent pipeline program in Detroit and expands to Grand RapidsMay 17, 2024 | investors.comAI Explosion Sets Sleepy Utility Stocks On Fire As Sector Leads MarketMay 13, 2024 | finance.yahoo.comCalculating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)May 10, 2024 | detroitnews.comDTE sends line workers to 'school school' to improve its outage recordMay 9, 2024 | finance.yahoo.comCompany News For May 9, 2024May 8, 2024 | yahoo.comDTE's chief nuclear officer speaking at Monroe County Community CollegeMay 2, 2024 | globenewswire.comDTE Energy Board of Directors declares quarterly dividendMay 1, 2024 | msn.comDTE to open service center at former Summit Mall siteApril 26, 2024 | markets.businessinsider.comBuy Rating Affirmed for DTE Energy on Strong Recovery and Promising Growth ProspectsApril 26, 2024 | finance.yahoo.comIt's Unlikely That Shareholders Will Increase DTE Energy Company's (NYSE:DTE) Compensation By Much This YearApril 26, 2024 | finance.yahoo.comDTE Energy Co (DTE) (Q1 2024) Earnings Call Transcript Highlights: Strategic Investments and ...April 26, 2024 | finance.yahoo.comDecoding DTE Energy Co (DTE): A Strategic SWOT InsightApril 26, 2024 | finance.yahoo.comQ1 2024 DTE Energy Co Earnings CallSee More Headlines 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 Company Calendar Ex-Dividend for 4/15 Dividend3/15/2024Dividend Payable4/15/2024Last Earnings4/25/2024Today6/13/2024Ex-Dividend for 7/15 Dividend6/17/2024Dividend Payable7/15/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryMulti-Utilities Current SymbolNYSE:DTE CUSIP23333110 CIK936340 Webwww.dteenergy.com Phone(313) 235-4000Fax313-235-6743Employees9,950Year Founded1995Price Target and Rating Average Stock Price Target$115.44 High Stock Price Target$125.00 Low Stock Price Target$106.00 Potential Upside/Downside+2.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio18.44 Forward P/E Ratio16.81 P/E Growth2.05Net Income$1.40 billion Net Margins10.36% Pretax Margin11.51% Return on Equity11.53% Return on Assets2.83% Debt Debt-to-Equity Ratio1.72 Current Ratio0.75 Quick Ratio0.54 Sales & Book Value Annual Sales$12.75 billion Price / Sales1.83 Cash Flow$13.82 per share Price / Cash Flow8.15 Book Value$53.60 per share Price / Book2.10Miscellaneous Outstanding Shares206,940,000Free Float206,358,000Market Cap$23.31 billion OptionableOptionable Beta0.67 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Gerardo Norcia (Age 61)CEO & Chairman Comp: $2.37MMr. Trevor F. Lauer (Age 60)Vice Chairman & Group President Comp: $949.3kMr. David S. Ruud (Age 58)Executive VP & CFO Comp: $979.55kMs. JoAnn Chavez (Age 60)Senior VP & Chief Legal Officer Comp: $906.22kMr. Mark W. Stiers (Age 62)President of DTE Vantage & Energy Trading Comp: $1.34MMs. Joi M. Harris (Age 53)President & COO Ms. Tracy J. Myrick (Age 47)Chief Accounting Officer Mr. Bill ChiuVice President of Distribution Engineering & TechnologyMr. Steven B. AmbroseChief Information Officer and Vice PresidentMs. Barbara TuckfieldDirector - Investor RelationsMore ExecutivesKey CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DPublic Service Enterprise GroupNYSE:PEGConsolidated EdisonNYSE:EDView All CompetitorsInsiders & InstitutionsEverSource Wealth Advisors LLCBought 899 shares on 6/11/2024Ownership: 0.001%Trevor F LauerSold 3,500 sharesTotal: $402,745.00 ($115.07/share)DekaBank Deutsche GirozentraleBought 2,432 shares on 6/4/2024Ownership: 0.017%Lisa A MuschongSold 1,198 sharesTotal: $139,698.78 ($116.61/share)Boston PartnersSold 263,930 shares on 5/28/2024Ownership: 1.101%View All Insider TransactionsView All Institutional Transactions Should I Buy DTE Energy Stock? DTE Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in DTE Energy: DTE Energy has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a solid dividend yield, providing investors with a steady income stream. The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. DTE Energy has been investing in renewable energy projects, positioning itself well for the shift towards sustainable energy sources. This strategic move could lead to long-term growth opportunities. The stock price of DTE Energy has been relatively stable, offering investors a sense of security and predictability in their investment. With a diversified business model spanning across energy generation, distribution, and natural gas pipelines, DTE Energy has reduced its risk exposure to fluctuations in any single market segment. Cons Investors should be bearish about investing in DTE Energy for these reasons: Regulatory changes in the energy sector could impact DTE Energy's operations and profitability, leading to uncertainties for investors. The company's heavy reliance on traditional energy sources like coal and natural gas may pose challenges as the industry shifts towards cleaner energy alternatives, potentially affecting long-term sustainability. Fluctuations in commodity prices, such as natural gas, could impact DTE Energy's financial performance and margins. Increased competition in the energy market could put pressure on DTE Energy's market share and pricing power, affecting its revenue growth potential. Environmental concerns and regulations related to carbon emissions could lead to additional costs for DTE Energy in compliance and mitigation efforts, impacting its bottom line. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these DTE Energy pros and cons to contact@marketbeat.com. DTE Stock Analysis - Frequently Asked Questions Should I buy or sell DTE Energy stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DTE shares. View DTE analyst ratings or view top-rated stocks. What is DTE Energy's stock price target for 2024? 10 equities research analysts have issued 12 month price targets for DTE Energy's shares. Their DTE share price targets range from $106.00 to $125.00. On average, they expect the company's share price to reach $115.44 in the next twelve months. This suggests a possible upside of 2.5% 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 2024? DTE Energy's stock was trading at $110.26 at the beginning of 2024. Since then, DTE stock has increased by 2.2% and is now trading at $112.64. View the best growth stocks for 2024 here. Are investors shorting DTE Energy? DTE Energy saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 3,100,000 shares, a decline of 10.4% from the May 15th total of 3,460,000 shares. Based on an average trading volume of 1,090,000 shares, the short-interest ratio is currently 2.8 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, July 25th 2024. View our DTE earnings forecast. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) issued its earnings results on Thursday, April, 25th. The utilities provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.71 by $0.04. The utilities provider had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.81 billion. DTE Energy had a net margin of 10.36% and a trailing twelve-month return on equity of 11.53%. 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, May 2nd. Shareholders of record on Monday, June 17th will be paid a dividend of $1.02 per share on Monday, July 15th. This represents a $4.08 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Monday, June 17th. Read our dividend analysis for DTE. Is DTE Energy a good dividend stock? DTE Energy (NYSE:DTE) pays an annual dividend of $4.08 per share and currently has a dividend yield of 3.62%. The dividend payout ratio is 66.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 56.98% next year. This indicates that the company will be able to sustain or increase its dividend. 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 Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust EIP Carbon Impact ETF (ECLN), First Trust Utilities AlphaDEX Fund (FXU) and Utilities Select Sector SPDR Fund (XLU). What guidance has DTE Energy issued on next quarter's earnings? DTE Energy issued an update on its FY24 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $6.54 to $6.83 for the period, compared to the consensus EPS estimate of $6.69. 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). Who are DTE Energy's major shareholders? DTE Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.03%), Capital Research Global Investors (10.24%), Clearbridge Investments LLC (1.23%), Boston Partners (1.10%), Janus Henderson Group PLC (1.01%) and Bank of New York Mellon Corp (0.69%). Insiders that own company stock include Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, Mark W Stiers, Matthew T Paul, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DTE) was last updated on 6/13/2024 by MarketBeat.com Staff From Our PartnersTrump Warns Gov. Can Confiscate Your Money. CBDC's give Gov. absoluteDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). 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