DTE Energy Co (DTE) Stock Price & News

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HomeDTE • NYSE

DTE Energy Co

$116.45

Jul 18, 9:30:52 AM GMT-4 · USD · NYSE · Disclaimer

Key events shows relevant news articles on days with large price movements

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In the news

Seeking Alpha

2 hours ago

DTE Energy: Buy This Dividend Grower On Sale Now (NYSE:DTE)

Benzinga

2 days ago

Expert Outlook: DTE Energy Through The Eyes Of 6 Analysts

Financials

Income Statement

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Revenue

Net income

(USD)	Mar 2024info Fiscal Q1 2024 ended 3/31/24. Reported on 4/25/24.	Y/Y change
Revenue The total amount of income generated by the sale of goods or services related to the company's primary operations	3.24B	-14.26%
Operating expense Represents the total incurred expenses through normal operations	545.00M	6.86%
Net income Company’s earnings for a period net of operating costs, taxes, and interest	313.00M	-29.66%
Net profit margin Measures how much net income or profit is generated as a percentage of revenue.	9.66	-18.00%
Earnings per share Represents the company's profit divided by the outstanding shares of its common stock.	1.67	25.56%
EBITDA Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circ*mstances	951.00M	-9.34%
Effective tax rate The percent of their income that a corporation pays in taxes	6.29%	—

Balance Sheet



Total assets

Total liabilities

(USD)	Mar 2024info Fiscal Q1 2024 ended 3/31/24. Reported on 4/25/24.	Y/Y change
Cash and short-term investments Investments that are relatively liquid and have maturities between 3 months and one year	492.00M	327.83%
Total assets The total amount of assets owned by a company	45.90B	7.96%
Total liabilities Sum of the combined debts a company owes	34.72B	8.95%
Total equity The value of subtracting the total liabilities from the total assets of a company	11.18B	—
Shares outstanding Total number of common shares outstanding as of the latest date disclosed in a financial filing	206.94M	—
Price to book A ratio used to determine if a company’s market value is in line with the value of its assets less liabilities and preferred stock	2.18	—
Return on assets A financial ratio that shows a company’s profitability compared to its assets	2.85%	—
Return on capital Company’s return above the average cost it pays for its debt and equity capital	3.95%	—

Cash Flow

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Net change in cash

(USD)	Mar 2024info Fiscal Q1 2024 ended 3/31/24. Reported on 4/25/24.	Y/Y change
Net income Company’s earnings for a period net of operating costs, taxes, and interest	313.00M	-29.66%
Cash from operations Net cash used or generated for core business activities	1.04B	12.77%
Cash from investing Net cash used or generated in investing activities such as purchasing assets	-1.62B	-64.73%
Cash from financing Net cash used or generated in financing activities such as dividend payments and loans	872.00M	477.48%
Net change in cash The amount by which a company's cash balance increases or decreases in an accounting period	298.00M	217.02%
Free cash flow Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments	-349.75M	-60.16%

Stock

Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned

US listed security

Listed on NYSE

US headquartered

Headquartered in Detroit, Michigan, United States

Previous close

The last closing price

$117.44

Day range

The range between the high and low prices over the past day

$116.36 - $116.45

Year range

The range between the high and low prices over the past 52 weeks

$90.14 - $118.53

Market cap

A valuation method that multiplies the price of a company's stock by the total number of outstanding shares.

24.10B USD

Avg Volume

The average number of shares traded each day over the past 30 days

1.04M

P/E ratio

The ratio of current share price to trailing twelve month EPS that signals if the price is high or low compared to other stocks

19.03

Dividend yield

The ratio of annual dividend to current share price that estimates the dividend return of a stock

3.50%

Primary exchange

Listed exchange for this security

NYSE

CDP Climate Change Score

A score provided by CDP (formerly the Carbon Disclosure Project) that rates a company on its climate transparency and performance

About



DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.DTE is a national and international corporation.The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, energy marketing and trading.As of 2022, 54.16% of DTE's electricity was generated from coal, 18.16% from nuclear, 14.22% from natural gas and 13.11% from renewable energy including wind, solar and hydroelectric. Wikipedia

CEO

Gerardo Norcia

Founded

Jan 1996

Headquarters

Detroit, MichiganUnited States

Website

dteenergy.com

Employees

9,608

Discover more

FAQs

What is the target price for DTE stock? ›

Based on analyst ratings, Dte Energy Company's 12-month average price target is $121.75. What is DTE's upside potential, based on the analysts' average price target? Dte Energy Company has 6.15% upside potential, based on the analysts' average price target.

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Who are the largest shareholders of DTE Energy? ›

Shareholders

Name	Equities	Valuation
Vanguard Fiduciary Trust Co. 12.03 %	24,900,486	2 764 M $
Capital Research & Management Co. (Global Investors) 10.24 %	21,194,653	2 353 M $
BlackRock Advisors LLC 7.259 %	15,020,820	1 667 M $
STATE STREET CORPORATION 4.560 %	9,436,959	1 048 M $

6 more rows

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What is the dividend on DTE stock? ›

DTE 's annual dividend is $4.08 per share. This is the total amount of dividends paid out to shareholders in a year. DTE Energy Company's ( DTE ) ex-dividend date is September 16, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

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Did DTE have a stock split? ›

Stock split history for DTE Energy (DTE)

The stock split occurred on July 1st, 2021. One DTE share bought prior to July 1st, 2021 would equal to 1.175 DTE shares today.

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What is the stock price forecast for DTE in 2024? ›

According to our current DTE stock forecast, the value of DTE Energy shares will rise by 2.55% and reach $ 113.34 per share by June 23, 2024.

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Should I buy DTE stock? ›

The consensus among 8 Wall Street analysts covering (NYSE: DTE) stock is to Buy DTE stock.

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Is DTE profitable? ›

DTE Energy gross profit for the twelve months ending March 31, 2024 was $6.380B, a 3.05% increase year-over-year. DTE Energy annual gross profit for 2023 was $6.487B, a 6.91% increase from 2022.

Who is the parent company of DTE Energy? ›

In January 1996, Detroit Edison established a holding company — DTE Energy. “DTE” was selected because it was the existing stock symbol for Detroit Edison. “Energy” was chosen to represent the company's vision to provide integrated energy (not just electric) solutions to customers.

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What is the largest energy company in Michigan? ›

Welcome to CMS Energy

CMS Energy Corporation's business strategy is focused primarily on its principal subsidiary, Consumers Energy Company, Michigan's largest electric and natural gas utility, serving 6.8 million of the state's 10 million residents.

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What utility company pays the highest dividend? ›

7 Best Utility Stocks to Buy for Dividends

Utility stock	Forward dividend yield
Dominion Energy Inc. (ticker: D)	5.0%
Southern Co. (SO)	3.6%
Entergy Corp. (ETR)	4.0%
WEC Energy Group Inc. (WEC)	3.9%

3 more rows

May 17, 2024

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What is the yield of DTE stock? ›

DTE pays a dividend of $1.02 per share. DTE's annual dividend yield is 3.68%. When is Dte Energy Company ex-dividend date? DTE Energy's upcoming ex-dividend date is on Sep 16, 2024.

How much dividend will I get? ›

Since the dividend yield of a stock depends on both the current price per share and the annual dividend amount, it fluctuates frequently based on changes in either factor. Dividing the stock's annual dividend amount by its current share price allows you to calculate a stock's dividend yield.

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What is the stock price forecast for DTE? ›

Analyst Price Targets

Based on analysts offering 12 month price targets for DTE in the last 3 months. The average price target is $121.75 with a high estimate of $126 and a low estimate of $111.

What will happen to stock after split? ›

When a stock splits, it can also result in a share price increase—even though there may be a decrease immediately after the stock split. This is because small investors may perceive the stock as more affordable and buy the stock. This effectively boosts demand for the stock and drives up prices.

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How much will each share be worth after the split? ›

A stock split lowers its stock price but doesn't weaken its value to current shareholders. It increases the number of shares and might entice would-be buyers to make a purchase. The total value of the stock shares remains unchanged because you still own the same value of shares, even if the number of shares increases.

View Details ›

What is the target stock price forecast? ›

TGT Stock 12 Month Forecast

Based on 28 Wall Street analysts offering 12 month price targets for Target in the last 3 months. The average price target is $176.76 with a high forecast of $209.00 and a low forecast of $116.00.

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What is the yield on DTE stock? ›

DTE pays a dividend of $1.02 per share. DTE's annual dividend yield is 3.68%. When is Dte Energy Company ex-dividend date? DTE Energy's upcoming ex-dividend date is on Sep 16, 2024.

Tell Me More ›

Is Stantec a buy? ›

Stantec Inc's analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.

DTE Energy Co (DTE) Stock Price & News - Google Finance (2024)

FAQs

What is the target price for DTE stock? ›

What is the yield of DTE stock? ›

References