DTE Energy Company (DTE)

NYSE
Currency in USD
122.70
+0.14(+0.11%)
Closed
After Hours
122.700.00(0.00%)
DTE Scorecard
Full Analysis
Operates with a significant debt burden
Earnings results expected in 5 days
Fair Value
Day's Range
121.45122.88
52 wk Range
103.06131.67
Key Statistics
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Prev. Close
122.56
Open
122.21
Day's Range
121.45-122.88
52 wk Range
103.06-131.67
Volume
1.18M
Average Volume (3m)
1.3M
1-Year Change
17.72%
Book Value / Share
55.99
Fair Value
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Fair Value Upside
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DTE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
135.20
Upside
+10.19%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings downwards for the upcoming period
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DTE Energy Company Company Profile

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.

Sector
Utilities
Employees
9412

DTE Energy Company SWOT Analysis


Regulatory Tightrope
DTE Energy navigates complex regulatory landscape, balancing rate case outcomes with growth initiatives in a challenging utility environment
Financial Resilience
Strong Q2 2024 performance and positive stock momentum reflect DTE's ability to maintain growth amid regulatory uncertainties
Emerging Opportunities
Explore DTE's strategic expansion into data centers and renewable energy, positioning the company for future growth beyond traditional utilities
Analyst Perspectives
With an average price target of $129, analysts maintain a cautiously optimistic outlook, projecting a 7.4% EPS CAGR through 2028
Read full SWOT analysis

DTE Energy Company Earnings Call Summary for Q3/2024

  • DTE Energy reports Q3 operating earnings of $460M ($2.22/share), on track to meet 2024 EPS guidance; targets 6-8% long-term growth
  • DTE Electric earnings up $169M YoY; DTE Gas down $8M due to higher costs; company expanding renewable portfolio and voluntary program
  • $9B+ investment planned over 5 years; aims to reduce outages 30% and duration 50% by 2029; minimal equity issuance through 2026
  • Michigan energy legislation supports reliability and clean energy initiatives; regulatory updates include progress on rate cases
  • Company confident in capital plans despite market dynamics; to provide 5-year plan updates in year-end earnings call
Last Updated: 2024-10-25, 07:44 a/m
Read Full Transcript

Compare DTE to Peers and Sector

Metrics to compare
DTE
Peers
Sector
Relationship
P/E Ratio
16.6x31.2x11.8x
PEG Ratio
0.760.460.02
Price/Book
2.2x7.7x1.3x
Price / LTM Sales
2.0x3.6x1.6x
Upside (Analyst Target)
10.6%6.4%20.4%
Fair Value Upside
Unlock−22.3%3.0%Unlock

Analyst Ratings

12 Buy
8 Hold
0 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 135.20
(+10.19% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.39
Dividend Yield
3.56%
Industry Median 2.73%
Annualized payout
4.3600
Paid quarterly
5-Years Growth
+1.51%
Growth Streak

Earnings

Latest Release
Oct 24, 2024
EPS / Forecast
2.22 / 1.81
Revenue / Forecast
3.06B / 2.72B
EPS Revisions
Last 90 days

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FAQ

What Is the DTE Energy (DTE) Stock Price Today?

The DTE Energy stock price today is 122.70

What Stock Exchange Does DTE Energy Trade On?

DTE Energy is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for DTE Energy?

The stock symbol for DTE Energy is "DTE."

Does DTE Energy Pay Dividends? What’s The Current Dividend Yield?

The DTE Energy dividend yield is 3.55%.

What Is the DTE Energy Market Cap?

As of today, DTE Energy market cap is 25.41B.

What is DTE Energy Earnings Per Share?

The DTE Energy EPS is 7.39.

What Is the Next DTE Energy Earnings Date?

DTE Energy will release its next earnings report on Feb 13, 2025.

From a Technical Analysis Perspective, Is DTE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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