NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis $127.56 -1.14 (-0.89%) (As of 10/3/2024 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$127.30▼$128.9350-Day Range$118.19▼$128.7052-Week Range$90.14▼$129.53Volume868,530 shsAverage Volume1.08 million shsMarket Capitalization$26.40 billionP/E Ratio20.88Dividend Yield3.20%Price Target$128.67Consensus 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… $25,000 into $109,616 in two months? (Ad)Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…Go here to watch the most recent trading workshop video at no charge. DTE Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks90th Percentile Overall ScoreDTE MarketRank™: DTE Energy scored higher than 90% of companies evaluated by MarketBeat, and ranked 15th out of 94 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 20.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 20.88, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 86.36.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 3.25%, 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. 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 Media2.8 / 5News Sentiment0.99 News SentimentDTE Energy has a news sentiment score of 0.99. 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 17 news articles for DTE Energy this week, compared to 9 articles on an average week.Search InterestOnly 12 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 FollowsOnly 3 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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, 2024 | marketbeat.comDTE Energy (NYSE:DTE) Releases FY 2024 Earnings GuidanceOctober 3 at 9:39 AM | americanbankingnews.comThe 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.October 3, 2024 | Porter & Company (Ad)DTE Energy (NYSE:DTE) Updates FY24 Earnings GuidanceOctober 2 at 10:03 AM | americanbankingnews.comDTE Energy Co. stock underperforms Tuesday when compared to competitors despite daily gainsOctober 2 at 6:25 AM | marketwatch.comKeyCorp Raises DTE Energy (NYSE:DTE) Price Target to $136.00September 30 at 8:07 AM | americanbankingnews.comDTE Energy (NYSE:DTE) Given Average Rating of "Moderate Buy" by BrokeragesSeptember 30 at 3:14 AM | americanbankingnews.comDTE Energy (NYSE:DTE) Hits New 1-Year High at $127.63September 29, 2024 | americanbankingnews.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 start of the year. Since then, DTE shares have increased by 15.7% and is now trading at $127.56. View the best growth stocks for 2024 here. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) released its quarterly earnings results on Thursday, July, 25th. The utilities provider reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.22. The utilities provider earned $2.88 billion during the quarter, compared to analysts' expectations of $2.65 billion. DTE Energy had a trailing twelve-month return on equity of 12.18% and a net margin of 11.18%. Read the conference call transcript. Who are DTE Energy's major shareholders? Top institutional shareholders of DTE Energy include Czech National Bank (0.02%), SG Americas Securities LLC, Park Avenue Securities LLC and Massmutual Trust Co. FSB ADV. 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 Dividend9/16/2024Today10/03/2024Dividend 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$128.67 High Stock Price Target$137.00 Low Stock Price Target$111.00 Potential Upside/Downside+0.9%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio20.88 Forward P/E Ratio19.04 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$13.94 per share Price / Cash Flow9.15 Book Value$53.60 per share Price / Book2.38Miscellaneous Outstanding Shares206,937,000Free Float205,675,000Market Cap$26.40 billion OptionableOptionable Beta0.67 Social Links This page (NYSE:DTE) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to h...Porter & Company | SponsoredAI Expert Reveals New PickEveryone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released...Brownstone Research | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredMassive NVIDIA Sell-Off: Are We Headed for a Market Collapse?You may have heard about NVIDIA's CEO dumping shares of his own company. He sold 4.4 million shares this ye...Behind the Markets | SponsoredHow a $200,000 Mistake Unlocked a $118 Billion Gold TreasureThe window of opportunity on this gold stock is closing fast. Once word gets out, it may be too late.Monument Traders Alliance | SponsoredNext opportunity for crypto millionsAll the Pieces Falling into Place for Crypto… Unlock the Potential of the 2024 Crypto Bull Run!Crypto 101 Media | SponsoredWho are Nvidia’s New Silent Partners?Nvidia knows it can’t stand still as AI continues to grow at an exponential rate. That’s why CEO Jensen Hua...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding DTE Energy You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Share DTE Energy With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.