NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free DTE Stock Alerts $108.57 +2.09 (+1.96%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$106.80▼$108.7550-Day Range$103.21▼$112.9552-Week Range$90.14▼$116.73Volume977,886 shsAverage Volume1.19 million shsMarket Capitalization$22.47 billionP/E Ratio16.06Dividend Yield3.76%Price Target$114.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get DTE Energy alerts: Email Address DTE Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside5.5% Upside$114.56 Price TargetShort InterestHealthy1.66% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.95Upright™ Environmental ScoreNews Sentiment0.98Based on 20 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth7.46%From $6.70 to $7.20 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.4.61 out of 5 starsUtilities Sector16th out of 90 stocksElectric Services Industry8th out of 40 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. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.66% 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 2.9, 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 6.50%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipDTE Energy is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDTE Energy has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of DTE Energy is 60.36%. 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 56.67% next year. This indicates that DTE Energy will be able to sustain or increase its 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 3.3 News and Social Media Coverage 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 0.51 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 20 news articles for DTE Energy this week, compared to 9 articles on an average week.Search InterestOnly 15 people have searched for DTE on MarketBeat in the last 30 days. This is a decrease of 0% 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 40% 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 $2,168,183.00 in 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DTE Energy are expected to grow by 7.46% in the coming year, from $6.70 to $7.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 16.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.51.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 16.06, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 80.84.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.62. 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 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 HeadlinesApril 19, 2024 | cbsnews.comCity of Mount Clemens opposes DTE's proposed rate increaseApril 19, 2024 | americanbankingnews.comBMO Capital Markets Increases DTE Energy (NYSE:DTE) Price Target to $113.00April 20, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 18, 2024 | americanbankingnews.comDTE Energy (DTE) to Release Quarterly Earnings on ThursdayApril 17, 2024 | msn.comMount Clemens gives sharply-worded rebuke to DTE's rate increase requestApril 17, 2024 | finance.yahoo.comReasons to Add DTE Energy (DTE) Stock to Your Portfolio NowApril 16, 2024 | msn.comInteractive Brokers Group, Inc. raises quarterly dividend by 150% to $0.25/shareApril 16, 2024 | msn.comThis Black woman-owned electric company in Detroit just secured a historic 6-figure deal with utility giant DTE EnergyApril 20, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 16, 2024 | seekingalpha.comDTE Energy: A Much-Improved Growth Story With A Better Valuation (Rating Upgrade)April 16, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) Given New $115.00 Price Target at BarclaysApril 15, 2024 | msn.comNew legislation aims to pull the plug on rising utility costsApril 15, 2024 | finance.yahoo.comIs DTE Energy Company's (NYSE:DTE) 13% ROE Better Than Average?April 15, 2024 | markets.businessinsider.comDTE Energy (DTE) Gets a Buy from BarclaysApril 12, 2024 | detroitnews.comFire reported at DTE substation in downtown DetroitApril 12, 2024 | msn.comFire, loud boom at DTE substation rattles downtown DetroitApril 12, 2024 | globenewswire.comDTE awards three Michigan small businesses $5,000 in energy efficiency upgradesApril 12, 2024 | americanbankingnews.comZacks Research Equities Analysts Boost Earnings Estimates for DTE Energy (NYSE:DTE)April 11, 2024 | globenewswire.comDTE Energy schedules first quarter 2024 earnings release, conference callApril 11, 2024 | americanbankingnews.comDTE Energy to Post Q1 2025 Earnings of $2.01 Per Share, Zacks Research Forecasts (NYSE:DTE)April 10, 2024 | detroitnews.comRunestad: Michigan needs commonsense utility rate increasesApril 4, 2024 | msn.comProsecutors seek 10 to 15 years in prison for Crumbley parents, DTE meter inspections and more top storiesApril 3, 2024 | msn.comMount Clemens city commissioner to seek resolution opposing DTE’s rate hike increaseApril 3, 2024 | msn.comMount Clemens city commissioner to seek resolution opposing DTE's rate hike increaseMarch 29, 2024 | msn.comMichigan AG Nessel slams DTE's $456M rate hike request as 'absurd,' plans to interveneMarch 29, 2024 | detroitnews.comNessel seeks to intervene in DTE's 'absurd' rate hike requestMarch 29, 2024 | msn.comMichigan AG Nessel slams DTE's $456M rate hike request as 'absurd', plans to interveneSee 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 Last Earnings2/08/2024Ex-Dividend for 4/15 Dividend3/15/2024Dividend Payable4/15/2024Today4/19/2024Next Earnings (Confirmed)4/25/2024Fiscal 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$114.56 High Stock Price Target$124.00 Low Stock Price Target$106.00 Potential Upside/Downside+5.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.76 Trailing P/E Ratio16.06 Forward P/E Ratio16.20 P/E Growth2.62Net Income$1.40 billion Net Margins10.96% Pretax Margin12.29% Return on Equity11.00% Return on Assets2.72% Debt Debt-to-Equity Ratio1.58 Current Ratio0.60 Quick Ratio0.42 Sales & Book Value Annual Sales$12.75 billion Price / Sales1.76 Cash Flow$14.25 per share Price / Cash Flow7.62 Book Value$53.60 per share Price / Book2.03Miscellaneous Outstanding Shares206,930,000Free Float205,663,000Market Cap$22.47 billion OptionableOptionable Beta0.64 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsCenterPoint EnergyNYSE:CNPDominion EnergyNYSE:DEntergyNYSE:ETRFirstEnergyNYSE:FEEversource EnergyNYSE:ESView All CompetitorsInsiders & InstitutionsState of Alaska Department of RevenueSold 2,590 shares on 4/19/2024Ownership: 0.015%Arvest Investments Inc.Sold 2,643 shares on 4/19/2024Ownership: 0.010%FORVIS Wealth Advisors LLCBought 1,358 shares on 4/19/2024Ownership: 0.008%First Trust Direct Indexing L.P.Bought 529 shares on 4/19/2024Ownership: 0.003%Denali Advisors LLCBought 300 shares on 4/19/2024Ownership: 0.000%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 that is in demand regardless of economic conditions. Recent optimization of contracted natural gas pipeline transportation and storage positions can lead to cost savings and improved operational efficiency. Strong historical performance and longevity in the industry since its founding in 1849, indicating a track record of stability and resilience. Continued growth in the Electric segment, with ongoing investments in infrastructure and technology to meet increasing energy demands. Current stock price is favorable for potential investors, offering an attractive entry point for those looking to capitalize on future growth. Cons Investors should be bearish about investing in DTE Energy for these reasons: Deutsche Telekom AG, not related to DTE Energy, provides integrated telecommunication services and may cause confusion for investors looking for information on 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, April 10, 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 twelve months. 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 brokerages have issued twelve-month target prices for DTE Energy's stock. Their DTE share price targets range from $106.00 to $124.00. On average, they anticipate the company's stock price to reach $114.56 in the next year. This suggests a possible upside of 5.5% 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 on January 1st, 2024. Since then, DTE stock has decreased by 1.5% and is now trading at $108.57. View the best growth stocks for 2024 here. Are investors shorting DTE Energy? DTE Energy saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,230,000 shares, an increase of 13.7% from the February 29th total of 2,840,000 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is presently 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, April 25th 2024. View our DTE earnings forecast. How can I listen to DTE Energy's earnings call? DTE Energy will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) released its earnings results on Thursday, February, 8th. The utilities provider reported $1.97 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.01. The utilities provider had revenue of $3.39 billion for the quarter, compared to analysts' expectations of $4.97 billion. DTE Energy had a trailing twelve-month return on equity of 11.00% and a net margin of 10.96%. During the same quarter last year, the business posted $1.31 EPS. 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, February 1st. Stockholders of record on Monday, March 18th will be paid a dividend of $1.02 per share on Monday, April 15th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date is Friday, March 15th. 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 3.88%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DTE will have a dividend payout ratio of 56.67% 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), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust EIP Carbon Impact ETF (ECLN) 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 Wednesday, April, 3rd. The company provided earnings per share guidance of $6.54-6.83 for the period, compared to the consensus earnings per share 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 Sumitomo Mitsui Trust Holdings Inc. (0.24%), Allspring Global Investments Holdings LLC (0.08%), Leeward Investments LLC MA (0.06%), Global Assets Advisory LLC (0.05%), State of Michigan Retirement System (0.03%) and Hennessy Advisors Inc. (0.03%). Insiders that own company stock include Gerard M Anderson, Joann Chavez, Joi M Harris, Lisa A Muschong, 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 4/20/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DTE Energy Please log in to your account or sign up in order to add this asset to your watchlist. 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