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Dte Energy Company (DTE)
NYSE:DTE
DTE Energy (DTE) Stock Price & Analysis
594 Followers
DTE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.49 - $113.57
Previous Close$112.75
Volume1.02M
Average Volume (3M)1.22M
Market Cap
$23.33B
Enterprise Value$43.16B
Total Cash (Recent Filing)$41.00M
Total Debt (Recent Filing)$19.87B
Price to Earnings (P/E)18.4
Beta0.60
Next Earnings
Jul 25, 2024EPS Estimate
$1.15Next Dividend Ex-Date
Jun 17, 2024Dividend Yield3.5%
Share Statistics
EPS (TTM)6.12
Shares Outstanding206,937,244
10 Day Avg. Volume1,121,501
30 Day Avg. Volume1,221,692
Standard Deviation0.06
R-Squared0.35
Alpha-0.00434
Financial Highlights & Ratios
Price to Book (P/B)2.80
Price to Sales (P/S)1.21
Price to Cash Flow (P/CF)N/A
P/FCF Ratio35.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit2.24
Enterprise Value/Ebitda15.00
Forecast
1Y Price Target
$119.50Price Target Upside5.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
DTE Energy News
PremiumCompany Announcements
DTE Energy Outlines 2024 Earnings Guidance, Cites Exclusions
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceDTE Energy's operating earnings per share have exceeded estimates, buoyed by a combination of lower storm-related costs, higher rates, and a strong physical gas portfolio.
Growth ProspectsThe company is committed to significant capital investments, promising a robust growth trajectory and confirming confidence in their long-term earnings growth rate target.
Strategic InitiativesWith active management strategies in place, DTE Energy is better positioned for future challenges and is exploring new opportunities for capital deployment that could enhance growth.
Bears Say
EarningsLower earnings at DTE Gas and DTE Vantage were attributed to warmer weather, a plant outage, and RNG project timing.
Financial GuidanceDTE reported an earnings per share of $5.73, marginally missing the midpoint of their financial guidance.
Operational PerformanceDTE Gas's operational performance was hindered by an increase in higher rate base costs and warmer weather conditions.
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Ownership Overview
1.18% Insiders
36.03% Mutual Funds
25.16% Other Institutional Investors
37.62% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DTE FAQ
What was Dte Energy Company’s price range in the past 12 months?
Dte Energy Company lowest stock price was $88.49 and its highest was $113.57 in the past 12 months.
What is Dte Energy Company’s market cap?
Currently, no data Available
When is Dte Energy Company’s upcoming earnings report date?
Dte Energy Company’s upcoming earnings report date is Jul 25, 2024 which is in 79 days.
How were Dte Energy Company’s earnings last quarter?
Dte Energy Company released its earnings results on Apr 25, 2024. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.668 by $0.002.
Is Dte Energy Company overvalued?
According to Wall Street analysts Dte Energy Company’s price is currently Undervalued.
Does Dte Energy Company pay dividends?
Dte Energy Company pays a Quarterly dividend of $1.02 which represents an annual dividend yield of 3.5%. See more information on Dte Energy Company dividends here
What is Dte Energy Company’s EPS estimate?
Dte Energy Company’s EPS estimate is $1.15.
How many shares outstanding does Dte Energy Company have?
Dte Energy Company has 206,937,240 shares outstanding.
What happened to Dte Energy Company’s price movement after its last earnings report?
Dte Energy Company reported an EPS of $1.67 in its last earnings report, beating expectations of $1.668. Following the earnings report the stock price went down -0.368%.
Which hedge fund is a major shareholder of Dte Energy Company?
Among the largest hedge funds holding Dte Energy Company’s share is Gotham Asset Management LLC. It holds Dte Energy Company’s shares valued at 4M.
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DTE Energy Stock Smart Score
Underperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$119.50 (5.99% Upside)
$119.50 (5.99% Upside)
Blogger Sentiment
Bullish
DTE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 85.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.69%
12-Months-Change
Fundamentals
Return on Equity
11.57%
Trailing 12-Months
Asset Growth
7.96%
Trailing 12-Months
Company Description
Dte Energy Company
Michigan-based DTE Energy Co. is a diversified energy company, which provides electricity and natural gas sales, distribution and storage services. It operates through the following divisions: Electric, Gas, Gas Storage and Pipelines, and Power and Industrial Projects.
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DTE Company Deck
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DTE Earnings Call
Q1 2024
0:00 / 0:00
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DTE Revenue Breakdown
58.58% Utility operations
41.42% Non-utility operations
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DTE Stock 12 Months Forecast
Average Price Target
$119.50
▲(5.99% Upside)
Technical Analysis
Best Analysts Covering DTE
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+11.15%
reiterated a buy rating 11 days ago
Copying Andrew Weisel's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +11.15% per trade.
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