NYSE:DTE DTE Energy (DTE) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free DTE Stock Alerts $112.07 +0.77 (+0.69%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$110.98▼$112.3150-Day Range$102.36▼$112.9552-Week Range$90.14▼$116.73Volume990,490 shsAverage Volume1.19 million shsMarket Capitalization$23.19 billionP/E Ratio16.58Dividend Yield3.64%Price Target$114.00 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/Downside1.7% Upside$114.00 Price TargetShort InterestHealthy1.56% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.72Upright™ Environmental ScoreNews Sentiment0.72Based on 15 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth7.31%From $6.70 to $7.19 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.4.82 out of 5 starsUtilities Sector9th out of 90 stocksElectric Services Industry4th 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $114.00, DTE Energy has a forecasted upside of 1.7% from its current price of $112.07.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. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.56% 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 increased by 13.73%, 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 3.81%, 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 56.75% next year. This indicates that DTE Energy will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDTE Energy has received a -11.98% 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 -5.72. Previous Next 3.2 News and Social Media Coverage News SentimentDTE Energy has a news sentiment score of 0.72. 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 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 15 news articles for DTE Energy this week, compared to 9 articles on an average week.Search Interest21 people have searched for DTE on MarketBeat in the last 30 days. This is an increase of 110% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added DTE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 7.31% in the coming year, from $6.70 to $7.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DTE Energy is 16.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of DTE Energy is 16.58, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.04.Price to Earnings Growth RatioDTE Energy has a PEG Ratio of 2.66. 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 2.09. 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 WealthPressA lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. Click here to jump in on the next one 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 HeadlinesMarch 29, 2024 | yahoo.comDTE asks for rate hike • Teen critically hurt in rollover crash • 2 Baltimore bridge collapse victims ID'dMarch 28, 2024 | msn.comAG Nessel to intervene in DTE’s latest rate increase requestMarch 29, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 28, 2024 | yahoo.comDTE Energy requesting $426M rate increase - What it would mean for customersMarch 28, 2024 | bizjournals.comNew Deloitte energy head Teresa Thomas aims to make her mark, not fill Amy Chronis' shoesMarch 27, 2024 | detroitnews.comDTE seeks residential rate increase to fund cleaner, more reliable gridMarch 27, 2024 | americanbankingnews.comHead-To-Head Survey: Enlight Renewable Energy (NASDAQ:ENLT) and DTE Energy (NYSE:DTE)March 26, 2024 | globenewswire.comUS Environmental Protection Agency (EPA) honors DTE Energy with the 2024 ENERGY STAR® Partner of the Year Award for sustained excellence in Energy EfficiencyMarch 29, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 26, 2024 | markets.businessinsider.comPublic Service Enterprise (PEG) Gets a Buy from Morgan StanleyMarch 25, 2024 | finanznachrichten.deWesco International: Wesco and DTE Help To Build Young Entrepreneurs at JA BizTownMarch 25, 2024 | finance.yahoo.comDTE Energy partners with local suppliers to create 12,000 jobs, grow Michigan’s economyMarch 25, 2024 | globenewswire.comDTE Energy partners with local suppliers to create 12,000 jobs, grow Michigan's economyMarch 23, 2024 | americanbankingnews.comDTE Energy (NYSE:DTE) PT Raised to $109.00March 21, 2024 | msn.comNessel urging DTE to refile $9B distribution plan to include affordability, accountabilityMarch 21, 2024 | msn.comNessel urging DTE to refile $9B investment plan to include affordability, accountabilityMarch 18, 2024 | detroitnews.comCook: Utilities should take money out of politicsMarch 18, 2024 | msn.comCrim, Nowiski appointed to the Lansing Board of EducationMarch 18, 2024 | cbsnews.comMiami International AirportMarch 17, 2024 | msn.comTrenton Channel power plant stacks demolished, toppling one at a timeMarch 15, 2024 | msn.comTrenton Channel power plant go out with a bang after nearly 100 yearsMarch 15, 2024 | benzinga.comWhat the Options Market Tells Us About PBF EnergyMarch 15, 2024 | detroitnews.comTrenton Channel Power Plant smokestacks demolishedMarch 15, 2024 | msn.comTrenton Channel power plant stacks demolished after nearly 100 yearsMarch 15, 2024 | cbsnews.comTroy police advise residents of road closure, power outages after car hits utility polesMarch 14, 2024 | cbsnews.comOlivia MunnMarch 14, 2024 | msn.comClimate activists' new target in the fight to slow global warmingSee 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 1/15 Dividend12/15/2023Dividend Payable1/15/2024Last Earnings2/08/2024Ex-Dividend for 4/15 Dividend3/15/2024Today3/29/2024Dividend Payable4/15/2024Next Earnings (Estimated)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$114.00 High Stock Price Target$124.00 Low Stock Price Target$106.00 Potential Upside/Downside+1.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.76 Trailing P/E Ratio16.58 Forward P/E Ratio16.73 P/E Growth2.66Net 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 / Sales1.82 Cash Flow$14.44 per share Price / Cash Flow7.76 Book Value$53.60 per share Price / Book2.09Miscellaneous Outstanding Shares206,930,000Free Float205,663,000Market Cap$23.19 billion OptionableOptionable Beta0.64 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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:FEVistraNYSE:VSTView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 4,148 shares on 3/27/2024Ownership: 0.002%HighPoint Advisor Group LLCBought 14,173 shares on 3/26/2024Ownership: 0.007%PNC Financial Services Group Inc.Bought 6,797 shares on 3/22/2024Ownership: 0.024%Grayhawk Investment Strategies Inc.Bought 11,837 shares on 3/21/2024Ownership: 0.006%Hennessy Advisors Inc.Sold 1,500 shares on 3/14/2024Ownership: 0.026%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 engages in utility operations, providing stability and consistent revenue streams. The company's diversified energy portfolio, including wind and solar assets, positions it well for the shift towards renewable energy sources. DTE Energy's Energy Trading segment involvement in power and natural gas trading can capitalize on market fluctuations for potential profits. Recent positive analyst recommendations and price target boosts by reputable firms like Morgan Stanley indicate growth potential. Strong presence in southeastern Michigan's residential, commercial, and industrial electricity and natural gas markets provides a solid customer base. 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. Dependence on coal-fired plants for electricity generation may pose challenges with increasing environmental regulations and public sentiment towards fossil fuels. Fluctuations in natural gas prices could affect the profitability of DTE Energy's Gas segment. Competition in the energy market from other utility companies and renewable energy providers may limit DTE Energy's market share growth. Potential risks associated with energy trading activities, such as market volatility and unforeseen events impacting trading positions. 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 Tuesday, March 26, 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 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 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 brokers have issued 1-year target prices for DTE Energy's stock. Their DTE share price targets range from $106.00 to $124.00. On average, they expect the company's stock price to reach $114.00 in the next year. This suggests a possible upside of 1.7% 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 shares have increased by 1.6% and is now trading at $112.07. 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 short-interest 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 were DTE Energy's earnings last quarter? DTE Energy (NYSE:DTE) announced its earnings results on Thursday, February, 8th. The utilities provider reported $1.97 EPS for the quarter, topping analysts' consensus estimates of $1.96 by $0.01. The utilities provider earned $3.39 billion during the quarter, compared to the consensus estimate of $4.97 billion. DTE Energy had a net margin of 10.96% and a trailing twelve-month return on equity of 11.00%. During the same period in the previous year, the company posted $1.31 earnings per share. Read the conference call transcript. How often does DTE Energy pay dividends? What is the dividend yield for DTE Energy? DTE Energy declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Monday, March 18th will be given a dividend of $1.02 per share on Monday, April 15th. This represents a $4.08 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend 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 3.81%. 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 56.75% 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 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), Utilities Select Sector SPDR Fund (XLU), Fidelity MSCI Utilities Index ETF (FUTY) and Vanguard Utilities ETF (VPU). What guidance has DTE Energy issued on next quarter's earnings? DTE Energy updated its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of 6.540-6.830 for the period, compared to the consensus EPS estimate of 6.690. The company issued revenue guidance of -. 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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.14%), Vanguard Group Inc. (12.14%), Capital Research Global Investors (10.14%), Neuberger Berman Group LLC (2.28%), Boston Partners (1.23%) and Franklin Resources Inc. (1.02%). 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. 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