DTE Energy Company (DTE)
| Market Cap | 27.03B |
| Revenue (ttm) | 13.66B |
| Net Income (ttm) | 1.53B |
| Shares Out | 207.52M |
| EPS (ttm) | 7.39 |
| PE Ratio | 17.62 |
| Forward PE | 17.98 |
| Dividend | $4.36 (3.32%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 1,548,727 |
| Open | 130.30 |
| Previous Close | 131.13 |
| Day's Range | 129.10 - 130.68 |
| 52-Week Range | 108.40 - 140.39 |
| Beta | 0.44 |
| Analysts | Buy |
| Price Target | 140.00 (+7.48%) |
| Earnings Date | Jul 24, 2025 |
About DTE
DTE Energy Company engages in the energy-related businesses and services. The company’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million 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 702 distribution substations with a capacity of approximately 37,710,000 kilovolt-amperes (kVA) and approximately 4,... [Read more]
Financial Performance
In 2024, DTE Energy Company's revenue was $12.46 billion, a decrease of -2.26% compared to the previous year's $12.75 billion. Earnings were $1.40 billion, an increase of 0.50%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for DTE stock is "Buy." The 12-month stock price target is $140.0, which is an increase of 7.48% from the latest price.
News
DTE Energy: Attractively Valued Amidst A Data Center Boom
DTE Energy offers defensive value with a 3.3% dividend yield, strong fundamentals, and a reasonable valuation amid an overheated market. It benefits from a diverse customer base, robust grid investmen...
DTE Energy Board of Directors elects Joi Harris as CEO; Jerry Norcia elected Executive Board Chairman
Harris's 34-year track record of proven leadership at DTE and strong working relationship with Norcia to ensure a smooth, successful transition DETROIT , June 23, 2025 /PRNewswire/ -- DTE Energy Presi...
DTE Energy Board of Directors declares quarterly dividend
Company continues more than 100-year history of issuing cash dividend DETROIT , June 19, 2025 /PRNewswire/ -- (NYSE: DTE) -- The DTE Energy Board of Directors declared a $1.09 per share dividend on it...
DTE Energy completes its third new solar park of 2025, while partnering with communities to drive economic development in local townships
Polaris Solar Park will power more than 23,000 homes with clean, renewable energy and deliver millions in tax revenues DETROIT , June 11, 2025 /PRNewswire/ -- DTE Energy (NYSE: DTE), Michigan's larges...
DTE Energy Company (DTE) Q1 2025 Earnings Call Transcript
DTE Energy Company (NYSE:DTE) Q1 2025 Earnings Call May 1, 2025 9:00 AM ET Company Participants Matt Krupinski - Director, Investor Relations Jerry Norcia - Chairman and Chief Executive Officer Joi H...
DTE Energy quarterly profit rises on strength of gas and energy trading
U.S. utility DTE Energy reported a rise in first-quarter profit on Thursday, helped by strength in its gas and energy trading segments.
DTE Energy reports first quarter accomplishments, investments and earnings
DETROIT, May 01, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today reported that it invested over $850 million into its utilities in the first quarter of 2025 and is on track to invest $4.4 billio...
DTE Completes Construction on Pine River Solar Park
Approximately 20,000 homes to be powered with clean, renewable energy from DTE's Pine River Solar Park when fully online this spring Approximately 20,000 homes to be powered with clean, renewable ener...
DTE Energy: The Upside Appears To Be Limited From Here
DTE Energy Company serves customers in both the US and Canada. It is composed of two regulated utility business segments and two unregulated segments. DTE stock has risen just over 22% in the last 12 ...
DTE Energy schedules first quarter 2025 earnings release, conference call
DETROIT, April 17, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its first quarter 2025 earnings before the market opens Thursday, May 1, 2025.
DTE Energy breaks ground on new solar park to help meet Ford Motor Company's needs for 100% carbon-free and renewable energy
Ford's participation in DTE's CleanVision MIGreenPower is largest renewable energy purchase from a utility in U.S. history Ford's participation in DTE's CleanVision MIGreenPower is largest renewable e...
DTE Energy Foundation offers $150,000 in grants to nonprofits through Community Empowerment Awards program
Second year of DTE Foundation grant program offers community transformation-focused nonprofits opportunity to apply for funding to enhance communities across Michigan Second year of DTE Foundation gra...
DTE Energy: This High-Quality Utility Remains A Buy Now
Since my previous article, shares of DTE Energy Company have significantly outperformed the S&P 500 index. The utility upped its five-year capital spending plan by 20% versus its previous plan. DTE En...
DTE Energy Company (DTE) Q4 2024 Earnings Call Transcript
DTE Energy Company (NYSE:DTE) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants Matt Krupinski - Director of Investor Relations Gerardo Norcia - Chairman & Chief Exec...
DTE Energy reports 2024 accomplishments, investments and earnings
DETROIT, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today announced that it invested a record amount in 2024 in utility infrastructure, which helped customers experience a nearly 70% red...
DTE Energy celebrates energy assistance expansion, thanks to “Coalition to Keep Michigan Warm”
Group of more than 120 human service agencies, religious organizations and businesses and legislatures were instrumental in the bipartisan passage of new law to expand energy assistance for Michigande...
DTE Energy names Casey Santos to board of directors
Detroit, Feb. 06, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) has named Casey Santos to its board of directors effective Feb. 6. Santos recently joined Caliber as chief technology officer. Prior t...
DTE Energy schedules full year 2024 earnings release, conference call
Detroit, Jan. 30, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its full year 2024 earnings before the market opens Thursday, February 13, 2025.
DTE Energy announces electric reliability progress: Customers experienced a 70% improvement in time spent without power in 2024
Detroit, Jan. 22, 2025 (GLOBE NEWSWIRE) -- DTE Energy today reported the progress it made in 2024 in building a smarter, stronger, and more resilient electric grid for its customers. Due to the impact...
DTE Energy spends $3.3 billion with Michigan suppliers in 2024
Company has invested $24 billion with local suppliers since 2010, creating and sustaining 92,000 Michigan jobs Company has invested $24 billion with local suppliers since 2010, creating and sustaining...
DTE Energy: Strong Growth Prospects Support High Total Returns
DTE Energy offers strong total return potential despite its "boring" utility sector, driven by significant earnings growth and a reliable dividend yield. The company has transformed into a nearly pure...
DTE Energy: Buy Now After The Recent Dividend Hike
Earlier this month, DTE Energy upped its payout for the 15th consecutive year. The company surpassed analysts' expectations for operating revenue and operating EPS in the third quarter. DTE Energy's i...
DTE Energy brings comfort and home to Detroit families with $63 million in Energy Efficiency Assistance programs
Initiative provides essential free home upgrades for income-qualified customers Initiative provides essential free home upgrades for income-qualified customers
DTE Energy sets 2025 annual meeting date
Detroit, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The DTE Energy (NYSE: DTE) Board of Directors today announced that its 2025 Annual Meeting of Common Stock Shareholders will be Thursday, May 8.