DTE Energy Company (DTE)
| 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 |
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...
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...
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.
DTE Energy's (DTE) Q4 operating net income totals $271 million compared with $258 million in the year-ago quarter.
Detroit, Feb. 19, 2021 (GLOBE NEWSWIRE) -- DTE energy reports significant progress toward completing spin-off of its midstream business, DT Midstream
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...
On Friday, February 19, DTE Energy (NYSE:DTE) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
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...
DTE Energy's (DTE) Q4 earnings are expected to have been hurt by strong snowstorm activities.
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.
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.
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 ...
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...
Company continues more than 100-year history of issuing cash dividend Company continues more than 100-year history of issuing cash dividend
A dashboard with industry metrics in utilities. Value and quality scores, and their evolution since last month.
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 ...
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.
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...
Utilities, with their steady performance and consistent dividend, can offer steady income to investors even during turbulent market conditions.
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 ...
DTE Energy Company (DTE) CEO Gerardo Norcia on Q3 2020 Results - Earnings Call Transcript
DTE Energy (DTE) increases its dividend in the third quarter by 7% from the previous quarterly dividend of $1.0125 per share.
U nlock ing significant shareholder value through spin-off of Midstream
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...
DTE Energy (DTE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
DTE Energy's (DTE) third-quarter 2020 results are expected to reflect significant growth from residential customer sales at its service territories.
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.
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.
The company operates into two major business units, Utility operations and Non-Utility operations.
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...
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.
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
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%...
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, ...
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...
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...
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.
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Customers recognize DTE’s commitment to safety & reliability and corporate citizenship Customers recognize DTE’s commitment to safety & reliability and corporate citizenship
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.
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.
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 ...
DTE Energy (DTE) reported earnings 30 days ago. What's next for the stock?
Is DTE Energy (DTE) a great pick from the value investor's perspective right now? Read on to know more.
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 ...
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...
DTE Energy Company (DTE) CEO Jerry Norcia on Q2 2020 Results - Earnings Call Transcript
DTE Energy's (DTE) Q2 operating net income totals $277 million compared with $183 million in the year-ago quarter.
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 |
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%.
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.