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DTE Energy Company (DTE)

Stock Price: $121.24 USD -2.66 (-2.15%)
Updated Feb 25, 2021 4:00 PM EST - Market closed
After-hours: $121.26 +0.02 (0.02%) Feb 25, 7:54 PM
Market Cap 23.49B
Revenue (ttm) 12.18B
Net Income (ttm) 1.37B
Shares Out 193.00M
EPS (ttm) 7.08
PE Ratio 17.13
Forward PE 16.69
Dividend $4.12
Dividend Yield 3.40%
Trading Day February 25
Last Price $121.24
Previous Close $123.90
Change ($) -2.66
Change (%) -2.15%
Day's Open 123.14
Day's Range 120.91 - 124.23
Day's Volume 676,548
52-Week Range 69.30 - 134.41

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GlobeNewsWire - 2 days ago

Detroit, Feb. 23, 2021 (GLOBE NEWSWIRE) -- DETROIT, Feb. 23, 2021 – DTE Energy and Valentine Distilling Co., one of the nation's largest craft distilleries, today announced the company's enrol...

GlobeNewsWire - 3 days ago

DETROIT, Feb. 22, 2021 (GLOBE NEWSWIRE) -- From Michigan's thumb, south to Detroit and the surrounding metro areas, DTE Energy's electric customers experienced 25% improvement in power reliabi...

GuruFocus - 6 days ago

Shares of DTE Energy Co. (NYSE:DTE) on Friday gained marginally to trade at around $120.70 following the announcement of its fourth-quarter and full-year 2020 results.

Zacks Investment Research - 6 days ago

DTE Energy's (DTE) Q4 operating net income totals $271 million compared with $258 million in the year-ago quarter.

GlobeNewsWire - 6 days ago

Detroit, Feb. 19, 2021 (GLOBE NEWSWIRE) -- DTE energy reports significant progress toward completing spin-off of its midstream business, DT Midstream

GlobeNewsWire - 6 days ago

DETROIT, Feb. 19, 2021 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today reported 2020 earnings of $1.4 billion, or $7.08 per diluted share, compared with $1.2 billion, or $6.31 per diluted shar...

Benzinga - 1 week ago

On Friday, February 19, DTE Energy (NYSE:DTE) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

GlobeNewsWire - 1 week ago

Pharmacies, medical offices and other businesses may qualify for savings on purchases of ultra-low temperature storage units Pharmacies, medical offices and other businesses may qualify for sa...

Zacks Investment Research - 1 week ago

DTE Energy's (DTE) Q4 earnings are expected to have been hurt by strong snowstorm activities.

Zacks Investment Research - 1 week ago

DTE Energy (DTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 2 weeks ago

Detroit, Feb. 05, 2021 (GLOBE NEWSWIRE) -- DETROIT, Feb. 5, 2021 – DTE Energy (NYSE:DTE) will announce its full year 2020 earnings before the market opens Friday, February 19, 2021.

GlobeNewsWire - 3 weeks ago

New electric buses will provide student transportation, distribute food to residents in need in Ann Arbor and Roseville New electric buses will provide student transportation, distribute food ...

GlobeNewsWire - 3 weeks ago

DTE is the third company headquartered in Michigan to join The Valuable 500 and put disability on its business agenda DTE is the third company headquartered in Michigan to join The Valuable 50...

GlobeNewsWire - 4 weeks ago

Company continues more than 100-year history of issuing cash dividend Company continues more than 100-year history of issuing cash dividend

Seeking Alpha - 4 weeks ago

A dashboard with industry metrics in utilities. Value and quality scores, and their evolution since last month.

Other stocks mentioned: AWR, BKH, CWT, DTJ, DTW, ETR, FUTY, HE, NJR, NRG, PNW, SJI
GlobeNewsWire - 4 weeks ago

From protecting Michigan forests to harnessing renewable natural gas created from landfill emissions and wastewater treatment plant by-products, the program is another step by DTE to secure a ...

Seeking Alpha - 1 month ago

Year 2020 was wild, and left many important threats for 2021. I will summarize the key threats I see, and offer my approach to the markets.

Other stocks mentioned: AWR, CLX, CVX, ENB, HD, JNJ, MO, MRNA, PFE, T, V, XLE
Seeking Alpha - 1 month ago

DTE Energy primarily provides electricity and natural gas utility service to its customers in the state of Michigan. The company also has a FERC-regulated midstream unit that it is going to sp...

Zacks Investment Research - 1 month ago

Utilities, with their steady performance and consistent dividend, can offer steady income to investors even during turbulent market conditions.

Other stocks mentioned: DUK, EIX
GlobeNewsWire - 2 months ago

Detroit, Dec. 02, 2020 (GLOBE NEWSWIRE) -- DETROIT, Dec. 2, 2020 – The DTE Energy (NYSE: DTE) Board of Directors today announced that its 2021 Annual Meeting of Common Stock Shareholders will ...

Seeking Alpha - 3 months ago

DTE Energy Company (DTE) CEO Gerardo Norcia on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

DTE Energy (DTE) increases its dividend in the third quarter by 7% from the previous quarterly dividend of $1.0125 per share.

GlobeNewsWire - 3 months ago

U nlock ing significant shareholder value through spin-off of Midstream

GlobeNewsWire - 3 months ago

DETROIT, Oct. 27, 2020 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today reported third quarter 2020 earnings of $476 million, or $2.46 per diluted share, compared with $319 million, or $1.73 p...

Zacks Investment Research - 4 months ago

DTE Energy (DTE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 4 months ago

DTE Energy's (DTE) third-quarter 2020 results are expected to reflect significant growth from residential customer sales at its service territories.

Zacks Investment Research - 4 months ago

DTE Energy (DTE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 4 months ago

Detroit, Oct. 16, 2020 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) will announce its third quarter 2020 earnings before the market opens Tuesday, Oct. 27, 2020.

Forbes - 4 months ago

The company operates into two major business units, Utility operations and Non-Utility operations.

GlobeNewsWire - 4 months ago

Donations and direct financial assistance to customers to help ensure Michigan residents have the energy they need Donations and direct financial assistance to customers to help ensure Michiga...

Zacks Investment Research - 4 months ago

Most utilities in the United States have reduced CO2 emissions since 2005, led by sustained low natural gas prices and declining costs of renewables and storage.

Other stocks mentioned: AEE, DUK, FTS
GlobeNewsWire - 5 months ago

Nancy Moody set to retire after nearly 32 years of service to DTE’s customers and communities Nancy Moody set to retire after nearly 32 years of service to DTE’s customers and communities

GlobeNewsWire - 5 months ago

DETROIT, Sept. 23, 2020 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) announced today, 9/22/2020, that it has priced its offering of $200 million aggregate principal amount 2020 Series G 4.375%...

GlobeNewsWire - 5 months ago

Detroit, Sept. 22, 2020 (GLOBE NEWSWIRE) -- DETROIT, Sept. 22, 2020 — DTE Energy Company (NYSE: DTE) announced today its intention to offer for sale, subject to market and other conditions, ...

GlobeNewsWire - 5 months ago

The two Michigan companies join four additional energy providers in adopting goal for interstate EV charging network by 2022 The two Michigan companies join four additional energy providers in...

GlobeNewsWire - 5 months ago

Detroit, Sept. 21, 2020 (GLOBE NEWSWIRE) -- DETROIT, September 21, 2020 – With the shift to more online learning, DTE Energy has developed a virtual field trip to its wind and solar parks...

24/7 Wall Street - 5 months ago

Federal Reserve Chair Jay Powell all but said it last week, and it’s probably an undeniable truth because the current realities are not going away anytime soon.

Other stocks mentioned: ED, NEE, SRE
Seeking Alpha - 5 months ago

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration.

Other stocks mentioned: AMTD, BEN, CSCO, IBM, JPM, MMM, PEP, TRV, USB
Seeking Alpha - 5 months ago

Buy These 5 Unknown Dividend Stocks With Yields Up To 10.8%

Other stocks mentioned: BAC, CVX, O, PFE
GlobeNewsWire - 5 months ago

Customers recognize DTE’s commitment to safety & reliability and corporate citizenship Customers recognize DTE’s commitment to safety & reliability and corporate citizenship

Zacks Investment Research - 5 months ago

Most utilities in the United States have significantly reduced their CO2 emissions since 2005 due to rising shift to natural gas and declining costs for renewable generation.

Other stocks mentioned: DUK, EIX, NEE, XEL
Zacks Investment Research - 5 months ago

DTE Energy (DTE) will increase its solar generation capacity by nearly ten times over the next two years, if MPSC approves its recently updated plan.

GlobeNewsWire - 5 months ago

Detroit, Sept. 01, 2020 (GLOBE NEWSWIRE) -- DETROIT, September 1, 2020 – DTE Energy today announced that it has updated its MIGreenPower voluntary renewables plan with the Michigan Public ...

Zacks Investment Research - 5 months ago

DTE Energy (DTE) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 6 months ago

Is DTE Energy (DTE) a great pick from the value investor's perspective right now? Read on to know more.

GlobeNewsWire - 6 months ago

Detroit area is home to some of North America’s largest new developments in total dollars and jobs, attracted in part by availability of affordable and reliable energy service Detroit area is ...

GlobeNewsWire - 6 months ago

Detroit, July 29, 2020 (GLOBE NEWSWIRE) -- DETROIT, July 29, 2020 – DTE Midstream, a non-utility business of DTE Energy, today announced that test gas is now flowing through its Louisiana En...

Seeking Alpha - 6 months ago

DTE Energy Company (DTE) CEO Jerry Norcia on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 6 months ago

DTE Energy's (DTE) Q2 operating net income totals $277 million compared with $183 million in the year-ago quarter.

GlobeNewsWire - 6 months ago

DETROIT, July 28, 2020 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today reported second quarter 2020 earnings of $277 million, or $1.44 per diluted share, compared with $182 million, or $0.99...

About DTE

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 700 distribution substations and 445,200 line transformers. The company's Gas segment purchases, stores, transports, d... [Read more...]

Industry
Utilities-Regulated Electric
Founded
1903
CEO
Gerard M. Anderson
Employees
10,600
Stock Exchange
NYSE
Ticker Symbol
DTE
Full Company Profile

Financial Performance

In 2020, DTE Energy's revenue was $12.18 billion, a decrease of -3.88% compared to the previous year's $12.67 billion. Earnings were $1.37 billion, an increase of 17.02%.

Financial Statements

Analyst Forecasts

According to 18 analysts, the average rating for DTE Energy stock is "Buy." The 12-month stock price forecast is 137.25, which is an increase of 13.21% from the latest price.

Price Target
$137.25
(13.21% upside)
Analyst Consensus: Buy