NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis $127.38 +1.80 (+1.43%) (As of 09/27/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About DTE Energy Stock (NYSE:DTE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$126.04▼$127.8950-Day Range$115.90▼$127.3852-Week Range$90.14▼$127.89Volume990,768 shsAverage Volume1.08 million shsMarket Capitalization$26.36 billionP/E Ratio20.85Dividend Yield3.20%Price Target$128.17Consensus RatingModerate Buy Company OverviewDTE 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… Don’t wait for FDA approval (Ad)Don’t let Wall Street fool you. AI is not the only hot sector in the market. Biotech is on fire as well.And I’ll tell you all about them in this video. DTE Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks93rd Percentile Overall ScoreDTE MarketRank™: DTE Energy scored higher than 93% of companies evaluated by MarketBeat, and ranked 14th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy 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 9 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. Earnings and Valuation2.5 / 5Proj. Earnings Growth7.16% 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 20.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.74.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 20.85, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 63.53.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.32. 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 2.38. 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. Short Interest3.0 / 5Short Interest LevelHealthy 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 3, 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 1.64%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldDTE Energy pays a meaningful dividend of 3.26%, 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. Sustainability and ESG1.1 / 5Environmental Score-6.95 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 3, 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 1.64%, indicating that investor sentiment is decreasing. News and Social Media3.3 / 5News Sentiment0.98 News SentimentDTE Energy has a news sentiment score of 0.98. 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 0.55 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 21 news articles for DTE Energy this week, compared to 9 articles on an average week.Search InterestOnly 10 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of -38% 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. Company Ownership1.7 / 5Insider TradingN/A 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. DTE Stock News HeadlinesAI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks (DTE)Utility stocks represent a defensive play during volatile periods, but they can also offer an opportunity for growth as demands for power shift due to AI.September 27 at 7:15 AM | marketbeat.comDTE Energy breaks ground on three new solar parks, all funded by company’s MIGreenPower programSeptember 26 at 10:49 AM | finance.yahoo.comThe Bible Says it Clear As DayIt came to me clear-as-day thanks to the Bible… in the Parable of Talents, in the book of Matthew… This parable teaches us that it’s our duty, and our challenge, to grow our money … to invest it and put it to good use … rather than keeping it stuffed away in a savings account, or wasting it in some frivolous way. In this video, Wall Street expert Charles Mizrahi shows me a secret that has helped me … and tons of other hardworking Americans … learn to invest just like the pros on WallSeptember 28, 2024 | Prosperity Research (Ad)DTE Energy (NYSE:DTE) PT Raised to $128.00 at Morgan StanleySeptember 26 at 8:54 AM | americanbankingnews.comDTE Energy: This Great Utility Remains Buyable NowSeptember 26 at 8:19 AM | seekingalpha.comDTE Energy breaks ground on three new solar parks, all funded by company's MIGreenPower programSeptember 26 at 8:13 AM | globenewswire.comDTE, Consumers Energy outage restoration times, reliability measures lagging: auditSeptember 26 at 5:48 AM | finance.yahoo.comDTE Energy breaks ground on Isabella County park, set to power 38,000 homesSeptember 25 at 2:46 PM | msn.comSee More Headlines DTE Stock Analysis - Frequently Asked Questions How have DTE shares performed this year? DTE Energy's stock was trading at $110.26 at the beginning of the year. Since then, DTE stock has increased by 15.5% and is now trading at $127.38. View the best growth stocks for 2024 here. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) issued its quarterly earnings results on Thursday, July, 25th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.22. The utilities provider had revenue of $2.88 billion for the quarter, compared to analysts' expectations 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. Who are DTE Energy's major shareholders? DTE Energy's top institutional shareholders 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). Company Calendar Ex-Dividend for 7/15 Dividend6/17/2024Dividend Payable7/15/2024Last Earnings7/25/2024Ex-Dividend for 10/15 Dividend9/16/2024Today9/28/2024Dividend 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$128.17 High Stock Price Target$137.00 Low Stock Price Target$111.00 Potential Upside/Downside+0.6%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio20.85 Forward P/E Ratio19.01 P/E Growth2.32Net 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 / Sales2.13 Cash Flow$13.92 per share Price / Cash Flow9.15 Book Value$53.60 per share Price / Book2.38Miscellaneous Outstanding Shares206,937,000Free Float205,675,000Market Cap$26.36 billion OptionableOptionable Beta0.67 Social Links This page (NYSE:DTE) was last updated on 9/28/2024 by MarketBeat.com Staff From Our PartnersThe Bible Says it Clear As DayIt came to me clear-as-day thanks to the Bible… in the Parable of Talents, in the book of Matthew… This pa...Prosperity Research | SponsoredProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredIt’s over.We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... 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