NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis $123.19 -0.47 (-0.38%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$122.95▼$124.9750-Day Range$108.61▼$126.3252-Week Range$90.14▼$127.59Volume1.71 million shsAverage Volume1.08 million shsMarket Capitalization$25.49 billionP/E Ratio20.16Dividend Yield3.31%Price Target$124.92 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 Buy2.69 Rating ScoreUpside/Downside1.4% Upside$124.92 Price TargetShort InterestHealthy1.63% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.95Upright™ Environmental ScoreNews Sentiment0.82Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth7.16%From $6.70 to $7.18 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.4.51 out of 5 starsUtilities Sector11th out of 93 stocksElectric Services Industry8th out of 46 stocks 2.3 Analyst's Opinion Consensus RatingDTE Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageDTE Energy has been the subject of 7 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 3.0 Short Interest Percentage of Shares Shorted1.63% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DTE Energy has recently increased by 4.98%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldDTE Energy pays a meaningful dividend of 3.25%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDTE Energy has been increasing its dividend for 15 years.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 56.82% 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 -45.52% 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 3.8 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.82. 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 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 18 news articles for DTE Energy this week, compared to 9 articles on an average week.Search Interest16 people have searched for DTE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 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 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.16% in the coming year, from $6.70 to $7.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 20.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 20.16, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.11.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.29. 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 2.29. 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 Paradigm Press Fmr CIA Advisor reveals PEACEMAKER superweaponKamala cannot get the “codes” to this superweapon. In Trump’s hands, it will restore America’s global dominance. It could also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.Full details are in this announcement. 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 HeadlinesSeptember 7 at 2:07 AM | americanbankingnews.comDTE Energy (NYSE:DTE) to Post FY2026 Earnings of $7.74 Per Share, Zacks Research ForecastsSeptember 6 at 9:11 PM | markets.businessinsider.comDTE Energy: Navigating Regulatory Uncertainty with a Hold RatingSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.September 6 at 9:11 PM | benzinga.comAssessing DTE Energy: Insights From 9 Financial AnalystsSeptember 5 at 9:01 AM | gurufocus.comWait for the DTE Energy Correction Before Jumping InSeptember 1, 2024 | finance.yahoo.comWith 78% ownership of the shares, DTE Energy Company (NYSE:DTE) is heavily dominated by institutional ownersSeptember 1, 2024 | detroitnews.comDays after powerful storms, roughly 12,000 DTE customers still without powerAugust 31, 2024 | cbsnews.comMore than 42K DTE customers still without power two days after severe storms in Southeast MichiganSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 31, 2024 | msn.comOutraged Michigan residents blast DTE after four-day power outageAugust 31, 2024 | americanbankingnews.comBank of America Increases DTE Energy (NYSE:DTE) Price Target to $136.00August 30, 2024 | markets.businessinsider.comBank of America Securities Sticks to Its Buy Rating for DTE Energy (DTE)August 29, 2024 | msn.comDTE Energy credits after this week's storm: Who qualifiesAugust 29, 2024 | msn.comDTE Energy Hopes To Restore Most SE MI Power Outages By ThursdayAugust 28, 2024 | news.yahoo.comLansing storm update: Consumers, DTE give power restoration estimatesAugust 28, 2024 | detroitnews.comDSO announces two free DTE Community Concerts in SeptemberAugust 28, 2024 | msn.comDTE: Power reliability must improve, outage cost estimate at more than $50MAugust 28, 2024 | americanbankingnews.comMorgan Stanley Boosts DTE Energy (NYSE:DTE) Price Target to $121.00See 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 7/15 Dividend6/17/2024Dividend Payable7/15/2024Last Earnings7/25/2024Today9/07/2024Ex-Dividend for 10/15 Dividend9/16/2024Dividend Payable10/15/2024Next Earnings (Estimated)11/06/2024Fiscal 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$124.92 High Stock Price Target$137.00 Low Stock Price Target$106.00 Potential Upside/Downside+1.4%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio20.16 Forward P/E Ratio18.39 P/E Growth2.29Net Income$1.40 billion Net Margins11.18% Pretax Margin12.33% Return on Equity12.18% Return on Assets2.95% Debt Debt-to-Equity Ratio1.73 Current Ratio0.69 Quick Ratio0.52 Sales & Book Value Annual Sales$12.40 billion Price / Sales2.06 Cash Flow$13.61 per share Price / Cash Flow9.05 Book Value$53.70 per share Price / Book2.29Miscellaneous Outstanding Shares206,937,000Free Float205,675,000Market Cap$25.49 billion OptionableOptionable Beta0.67 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 & InstitutionsSanctuary Advisors LLCBought 24,977 shares on 9/5/2024Ownership: 0.012%Clearbridge Investments LLCSold 264,223 shares on 8/27/2024Ownership: 1.099%Dana Investment Advisors Inc.Sold 120 shares on 8/27/2024Ownership: 0.004%Teachers Retirement System of The State of KentuckySold 478 shares on 8/26/2024Ownership: 0.008%Cetera Investment AdvisersSold 744 shares on 8/22/2024Ownership: 0.014%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 Company engages in utility operations, providing a stable and essential service to customers. The company's Electric segment generates, distributes, and sells electricity to a diverse customer base in southeastern Michigan, ensuring a steady revenue stream. DTE Energy has a strong presence in the energy market, with a focus on renewable energy sources, which can attract environmentally conscious investors. Recent developments in the company's infrastructure and technology investments have improved operational efficiency and reduced costs, potentially leading to higher profitability. With the current stock price of DTE Energy showing positive growth trends, investors may see potential for capital appreciation in the near future. Cons Investors should be bearish about investing in DTE Energy for these reasons: Deutsche Telekom AG, not DTE Energy, provides integrated telecommunication services, which may cause confusion for investors looking specifically at DTE Energy. While DTE Energy has a strong presence in southeastern Michigan, regional dependencies can pose risks in case of economic downturns or regulatory changes. Fluctuations in energy prices and regulatory policies can impact DTE Energy's profitability and stock performance, leading to potential investment risks. Competition in the energy sector is intense, with other companies vying for market share and potentially affecting DTE Energy's growth prospects. Investors should carefully consider market conditions and industry trends before making investment decisions related to DTE Energy. 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 Wednesday, September 4, 2024. Please send any questions or comments about these DTE Energy pros and cons to contact@marketbeat.com. DTE Stock Analysis - Frequently Asked Questions How have DTE shares performed this year? DTE Energy's stock was trading at $110.26 at the start of the year. Since then, DTE shares have increased by 11.7% and is now trading at $123.19. View the best growth stocks for 2024 here. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) announced its quarterly earnings results on Thursday, July, 25th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.22. The utilities provider earned $2.88 billion during the quarter, compared to the consensus estimate of $2.65 billion. DTE Energy had a net margin of 11.18% and a trailing twelve-month return on equity of 12.18%. Read the conference call transcript. 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. Who are DTE Energy's major shareholders? DTE Energy's top institutional investors include Ameriprise Financial Inc. (2.69%), Clearbridge Investments LLC (1.10%), Massachusetts Financial Services Co. MA (0.81%) and Bank of New York Mellon Corp (0.68%). Insiders that own company stock include Trevor F Lauer, Mark W Stiers, Robert A Richard, Joann Chavez, Joi M Harris, Matthew T Paul, Lisa A Muschong and Tracy J Myrick. 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. What other stocks do shareholders of DTE Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that DTE Energy investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Verizon Communications (VZ) and AbbVie (ABBV). This page (NYSE:DTE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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