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Dte Energy Company (DTE)
NYSE:DTE
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DTE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$90.14 - $127.59
Previous Close$124.42
Volume2.09M
Average Volume (3M)1.00M
Market Cap
$25.76B
Enterprise Value$47.18B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$22.54B
Price to Earnings (P/E)18.8
Beta0.44
Next Earnings
Oct 29, 2024EPS Estimate
$1.77Last Dividend Ex-Date
Sep 16, 2024Dividend Yield3.19%
Share Statistics
EPS (TTM)6.70
Shares Outstanding207,020,080
10 Day Avg. Volume1,268,244
30 Day Avg. Volume1,001,662
Standard Deviation0.06
R-Squared0.35
Alpha-0.00430
Financial Highlights & Ratios
Price to Book (P/B)2.32
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)8.60
P/FCF Ratio8.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.75
Enterprise Value/Gross Profit10.90
Enterprise Value/Ebitda10.68
Forecast
1Y Price Target
$128.75Price Target Upside4.23% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
DTE Energy News
Bulls Say, Bears Say
Bulls Say
EarningsDTE delivered strong 2Q24 results of $1.43, well above BMO/consensus expectations at $1.18/$1.23.
Management And StrategyThe company looks well-positioned to deliver not only on 2024 guidance but could use 2024 strength to derisk 2025 and its long-term outlook by pulling non-critical costs forward.
Regulatory EnvironmentMI regulation has consistently provided positive data-points from both commission and legislature, promoting financially healthy utilities and increasing reliability.
Bears Say
Financial PerformanceDTE Gas was negatively impacted by warmer weather and higher operating expenses, partially offset by higher IRM revenue.
Market OutlookShares are expected to trade in a narrow band as analysts await the continued execution against the company’s full-year guidance and favorable outcomes in both its electric and gas rate cases.
RegulatoryDTE received a Proposal for Decision in its Natural Gas rate case in MI with a 9.40% recommended ROE, well below the 9.90% currently authorized.
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Ownership Overview
1.18% Insiders
37.22% Mutual Funds
47.43% Other Institutional Investors
14.18% 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 $90.14 and its highest was $127.59 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 Oct 29, 2024 which is in 39 days.
How were Dte Energy Company’s earnings last quarter?
Dte Energy Company released its earnings results on Jul 25, 2024. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.22.
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 3.19%. See more information on Dte Energy Company dividends here
What is Dte Energy Company’s EPS estimate?
Dte Energy Company’s EPS estimate is $1.77.
How many shares outstanding does Dte Energy Company have?
Dte Energy Company has 207,020,080 shares outstanding.
What happened to Dte Energy Company’s price movement after its last earnings report?
Dte Energy Company reported an EPS of $1.43 in its last earnings report, beating expectations of $1.21. Following the earnings report the stock price went up 0.231%.
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 6M.
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DTE Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$128.75 (4.23% Upside)
$128.75 (4.23% Upside)
Blogger Sentiment
Bullish
DTE Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 25.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 14.8%
Last 30 Days ▲ 14.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.51%
12-Months-Change
Fundamentals
Return on Equity
12.82%
Trailing 12-Months
Asset Growth
11.39%
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
Q2 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 Month Forecast
Average Price Target
$128.75
▲(4.23% Upside)
Technical Analysis
Best Analysts Covering DTE
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+18.09%
reiterated a buy rating 5 months 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 +18.09% per trade.
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