DTE - DTE Energy Co Stock Price, Fair Value and News

113.35USD+0.86 (+0.76%)Market Closed

Market Summary

USD113.35+0.86

Market Closed

0.76%

DTE Alerts

1 major insider sales recently.

Big fall in Revenue (Y/Y)

DTE Stock Price

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DTE RSI Chart

DTE Valuation

Market Cap

23.5B

Price/Earnings (Trailing)

18.54

Price/Sales (Trailing)

1.84

EV/EBITDA

10.97

Price/Free Cashflow

189.16

DTE Price/Sales (Trailing)

DTE Profitability

EBT Margin

11.02%

Return on Equity

11.32%

Return on Assets

2.76%

Free Cashflow Yield

0.53%

DTE Fundamentals

DTE Revenue

Rev. Growth (Yr)

-14.26%

Rev. Growth (Qtr)

9.39%

DTE Earnings

Earnings (TTM)

1.3B

Earnings Growth (Yr)

-29.66%

Earnings Growth (Qtr)

-25.3%

Breaking Down DTE Revenue

Last 7 days

2.8%

Last 30 days

3.9%

Last 90 days

7.7%

Trailing 12 Months

0.3%

How does DTE drawdown profile look like?

DTE Financial Health

Current Ratio

0.75

Debt/Equity

1.72

Debt/Cashflow

0.17

DTE Investor Care

Dividend Yield

3.42%

Shares Dilution (1Y)

0.45%

Diluted EPS (TTM)

6.11

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	17.1B	14.9B	0	12.7B
2022	15.9B	17.8B	0	19.2B
2021	12.7B	13.2B	13.8B	15.1B
2020	12.2B	11.9B	11.8B	12.0B
2019	14.0B	13.7B	13.3B	12.7B
2018	13.1B	13.4B	13.7B	14.2B
2017	11.3B	11.9B	12.2B	12.6B
2016	9.9B	9.9B	10.2B	10.6B
2015	11.4B	10.9B	10.9B	10.3B
2014	11.1B	11.5B	11.8B	12.3B
2013	9.1B	9.3B	9.5B	9.7B
2012	8.7B	8.7B	8.6B	8.8B
2011	8.5B	8.8B	8.9B	8.9B
2010	8.2B	8.3B	8.5B	8.6B
2009	9.0B	8.5B	8.1B	8.0B
2008	0	8.8B	9.0B	9.3B
2007	0	0	0	8.5B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of DTE Energy Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 04, 2024	mcgovern gail j	back to issuer	-150,328	112	-1,333	-
May 04, 2024	vandenberghe james h	acquired	-	-	1,333	-
May 04, 2024	vandenberghe james h	back to issuer	-150,328	112	-1,333	-
May 04, 2024	mcgovern gail j	acquired	-	-	1,333	-
May 02, 2024	chavez joann	sold	-334,560	111	-3,000	sr vp & chief legal officer
Feb 29, 2024	norcia gerardo	gifted	-	-	-927	chairman and ceo
Feb 27, 2024	richard robert a.	sold	-514,810	107	-4,800	president & coo - dte gas
Feb 23, 2024	harris joi m.	sold	-325,470	108	-3,000	president & coo
Feb 22, 2024	myrick tracy j	sold	-64,224	107	-600	chief accounting officer
Feb 21, 2024	chavez joann	sold	-662,783	109	-6,070	sr vp & chief legal officer

Which funds bought or sold DTE recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	OLD SECOND NATIONAL BANK OF AURORA	unchanged	-	564	33,642	0.01%
May 06, 2024	Empowered Funds, LLC	added	16.18	41,831	272,164	-%
May 06, 2024	Parallel Advisors, LLC	added	13.81	29,300	215,309	0.01%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	1,044	13,169,000	14,407,000	0.09%
May 06, 2024	Leisure Capital Management	added	0.16	16,484	897,793	0.45%
May 06, 2024	HighTower Advisors, LLC	added	17.01	1,287,000	8,130,000	0.01%
May 06, 2024	Investors Research Corp	unchanged	-	94.00	5,607	-%
May 06, 2024	Merit Financial Group, LLC	added	6.33	23,334	291,533	0.01%
May 06, 2024	SG Americas Securities, LLC	reduced	-35.27	-1,811,000	3,489,000	0.02%
May 06, 2024	Advisory Services Network, LLC	reduced	-3.56	-29,392	1,499,830	0.03%

Are Funds Buying or Selling DTE?

Are funds buying DTE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DTE

No. of Funds

Unveiling DTE Energy Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.16%	25,058,157	SC 13G/A
Jan 25, 2024	state street corp	4.87%	10,027,911	SC 13G/A
Jan 25, 2024	blackrock inc.	8.4%	17,317,065	SC 13G/A
Jan 10, 2024	capital research global investors	10.2%	20,933,030	SC 13G/A
Feb 13, 2023	capital research global investors	8.2%	15,926,381	SC 13G/A
Feb 09, 2023	vanguard group inc	11.88%	23,020,513	SC 13G/A
Feb 06, 2023	state street corp	5.18%	10,036,125	SC 13G/A
Jan 06, 2023	blackrock inc.	10.2%	19,759,406	SC 13G/A
Mar 11, 2022	blackrock inc.	9.3%	18,153,210	SC 13G/A
Feb 11, 2022	capital research global investors	8.1%	15,598,877	SC 13G/A

Recent SEC filings of DTE Energy Co

View All Filings

Date Filed	Form Type	Document
May 07, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to DTE Energy Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	47.4B	19.3B	7.05%	-1.58%	16.81	2.45	-2.13%	41.75%
AWK	25.7B	4.3B	11.23%	-10.61%	26.78	5.96	10.78%	15.26%
AEE	19.8B	7.3B	2.26%	-16.59%	17.18	2.73	-10.88%	5.77%
ATO	18.2B	3.9B	3.54%	2.11%	19.62	4.6	-15.47%	16.09%
NRG	15.3B	28.8B	0.80%	134.27%	-75.54	0.53	-8.62%	-116.54%
AGR	14.2B	8.3B	2.11%	-9.74%	15.96	1.72	0.05%	30.98%
AES	13.4B	12.5B	4.09%	-12.64%	-2.1K	1.07	-3.77%	98.49%
CPK	2.5B	670.6M	7.54%	-12.28%	28.3	3.68	-1.48%	-2.88%
MID-CAP
PNW	8.7B	4.7B	5.02%	-4.27%	16.1	1.85	4.84%	12.15%
ALE	3.6B	1.9B	6.36%	0.93%	14.7	1.93	19.68%	30.53%
AVA	3.0B	1.9B	9.19%	-14.89%	15.73	1.57	9.47%	35.66%
SMALL-CAP
CWCO	428.6M	180.2M	3.95%	58.13%	14.41	2.38	91.50%	388.02%
CDZI	158.3M	2.0M	-5.60%	-49.46%	-5.03	78.74	33.96%	-26.84%
VIA	35.4M	415.8M	1.67%	4.09%	1.49	0.09	-11.16%	525.10%
CREG	8.2M	-	-24.26%	-34.81%	-10.98	12.3	-88.45%	83.25%

DTE Energy Co News

Latest updates

DTE Energy Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q2	2023Q1	2022Q4	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	9.4%	3,240	2,962	2,684	3,779	4,352	4,924	4,577	4,549	3,715	3,021	3,778	3,288	3,080	2,583	3,022	3,148	3,119	2,888	3,514	3,750	3,550
Costs and Expenses	-0.5%	2,723	2,738	2,287	3,127	4,014	4,741	4,019	4,232	3,310	2,779	3,148	2,644	2,601	2,216	2,476	2,509	2,669	2,588	2,972	3,418	3,121
EBITDA Margin	-2.4%	0.30*	0.31*	0.25*	0.20*	0.17*	0.15*	0.17*	0.18*	0.17*	0.22*	0.24*	0.26*	0.25*	0.25*	0.23*	0.22*	0.23*	-	-	-	-
Interest Expenses	4.8%	218	208	192	191	189	161	154	153	156	166	155	125	149	179	175	100	162	154	152	147	142
Income Taxes	-66.7%	21.00	63.00	34.00	50.00	29.00	-22.00	16.00	-6.00	-119	1.00	-6.00	-10.50	21.00	6.00	49.00	-51.00	47.00	21.00	54.00	-23.00	34.00
Earnings Before Taxes	-30.7%	334	482	235	495	294	15.00	410	294	-64.00	115	311	121	391	283	391	-13.00	364	200	462	173	369
EBT Margin	-10.3%	0.11*	0.12*	0.10*	0.07*	0.06*	0.04*	0.05*	0.04*	0.03*	0.07*	0.09*	0.10*	0.09*	0.09*	0.08*	0.08*	0.09*	-	-	-	-
Net Income	-25.3%	313	419	201	445	265	37.00	394	306	25.00	179	397	275	476	277	340	267	319	182	401	191	334
Net Income Margin	-9.4%	0.10*	0.11*	0.09*	0.07*	0.06*	0.04*	0.06*	0.06*	0.06*	0.10*	0.11*	0.11*	0.11*	0.10*	0.09*	0.09*	0.08*	-	-	-	-
Free Cashflow	679.3%	168	-29.00	93.00	181	-208	-270	199	-170	-184	-151	555	223	500	110	190	159	-4.00	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.6%	45,902	44,755	43,730	42,921	42,518	42,683	41,954	41,314	40,360	39,719	39,435	49,636	46,699	45,496	44,439	43,739	43,232	42,268	38,345	36,851	36,434
Current Assets	6.0%	3,752	3,539	3,420	3,203	3,537	4,180	4,310	4,093	3,610	3,317	3,494	6,402	4,376	3,498	3,821	3,497	3,526	3,086	2,985	2,726	2,840
Cash Equivalents	1023.1%	292	26.00	36.00	30.00	137	43.00	51.00	82.00	156	35.00	56.00	3,450	1,570	516	962	621	676	93.00	76.00	62.00	61.00
Net PPE	1.5%	28,585	28,169	-2,700	29,696	29,187	28,767	28,099	27,735	27,266	26,944	26,157	29,140	28,272	24,499	27,159	26,724	26,236	25,317	23,758	22,297	21,864
Goodwill	0%	1,993	1,993	1,993	1,993	1,993	1,993	1,993	1,993	1,993	-	1,993	2,466	2,466	-	2,465	2,465	2,466	-	2,293	2,293	2,293
Current Liabilities	-15.4%	4,975	5,883	4,045	3,596	4,036	5,173	5,466	6,895	5,680	6,346	3,433	3,737	2,595	2,691	3,417	4,196	3,972	3,997	3,865	3,654	3,647
Short Term Borrowings	-77.4%	290	1,283	1,217	528	130	1,162	994	815	244	758	361	69.00	52.00	38.00	988	914	1,131	828	724	3.00	156
Long Term Debt	10.5%	19,248	17,420	18,542	18,538	17,662	16,873	17,442	15,608	15,629	14,531	16,924	21,891	19,993	19,001	18,219	17,341	17,026	15,935	13,858	13,569	12,776
LT Debt, Non Current	-	-	-	10,172	10,170	10,070	9,282	9,380	9,481	9,479	8,591	8,590	8,514	8,764	17,802	7,773	7,951	7,638	14,778	12,708	12,418	11,624
Shareholder's Equity	1.1%	11,173	11,050	10,850	10,485	10,646	10,401	8,986	8,579	8,867	8,713	8,579	12,539	12,714	12,589	12,488	11,892	11,988	11,836	10,904	10,569	11,020
Retained Earnings	2.3%	4,505	4,404	4,197	3,862	4,055	3,808	3,741	3,355	3,662	3,438	3,317	7,149	7,342	7,156	7,092	6,618	6,732	6,587	6,516	6,198	6,364
Accumulated Depreciation	2.6%	9,343	9,105	8,869	10,880	10,714	10,579	10,451	10,179	10,340	10,139	9,977	10,346	10,158	9,517	10,097	9,960	9,910	9,755	9,715	10,537	10,350
Shares Outstanding	0.3%	207	206	206	206	206	206	193	193	193	193	193	193	194	193	193	192	226	185	215	-	-
Minority Interest	0%	5.00	5.00	4.00	4.00	4.00	4.00	6.00	5.00	4.00	8.00	-	161	162	164	165	168	166	164	164	173	475
Float	-	-	-	-	22,600	-	-	-	24,400	-	-	-	21,200	-	-	-	20,500	-	-	-	23,100	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	23.3%	1,042	845	616	835	924	565	276	328	808	695	456	859	1,057	916	1,100	620	1,061	748	534	615	752
Cashflow From Investing	-40.0%	-1,616	-1,154	-983	-977	-981	-978	-885	-786	-782	-1,083	-852	-1,223	-705	-977	-908	-843	-1,342	-3,174	-1,044	-766	-748
Cashflow From Financing	196.6%	872	294	392	46.00	151	405	578	384	95.00	367	-2,998	2,244	702	-385	149	168	864	2,443	524	152	-19.00
Dividend Payments	7.4%	202	188	188	188	188	171	172	171	171	160	211	210	210	186	184	195	195	174	173	173	172
Buy Backs	-	-	-	-	-	-	-	-	-	55.00	-	12.00	-	54.00	-	-	-	-	-	-	-	-

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DTE Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - DTE Energy Company - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Revenues
Utility operations	$ 2,156	$ 2,060
Non-utility operations	1,084	1,719
Operating Revenues	3,240	3,779
Operating Expenses
Fuel, purchased power, and gas — utility	600	584
Fuel, purchased power, gas, and other — non-utility	989	1,437
Operation and maintenance	590	600
Depreciation and amortization	423	385
Taxes other than income	122	122
Asset (gains) losses and impairments, net	(1)	(1)
Operating Expenses	2,723	3,127
Operating Income	517	652
Other (Income) and Deductions
Interest expense	218	191
Interest income	(18)	(17)
Non-operating retirement benefits, net	0	3
Other income	(27)	(26)
Other expenses	10	6
Other (Income) and Deductions	183	157
Income Before Income Taxes	334	495
Income Tax Expense	21	50
Net Income Attributable to DTE Energy Company/DTE Electric Company	$ 313	$ 445
Basic Earnings per Common Share
Net Income Attributable to DTE Energy Company (in dollars per share)	$ 1.51	$ 2.16
Diluted Earnings per Common Share
Net Income Attributable to DTE Energy Company (in dollars per share)	$ 1.51	$ 2.16
Weighted Average Common Shares Outstanding
Basic (in shares)	206	206
Diluted (in shares)	207	206

DTE Balance Sheet

2024-03-31

Consolidated Statements of Financial Position (Unaudited) - DTE Energy Company - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 292	$ 26
Restricted cash	57	25
Accounts receivable (less allowance for doubtful accounts of $69 and $63, respectively)
Accounts receivable	1,435	1,632
Other	180	155
Inventories
Fuel and gas	309	421
Materials, supplies, and other	740	633
Derivative assets	191	297
Regulatory assets	51	108
Current investments	200	0
Other	297	242
Total Current Assets	3,752	3,539
Investments
Nuclear decommissioning trust funds	2,134	2,041
Investments in equity method investees	158	166
Other long-term investments	162	168
Total Investments	2,454	2,375
Property
Property, plant, and equipment	37,928	37,274
Accumulated depreciation and amortization	(9,343)	(9,105)
Total Property	28,585	28,169
Other Assets
Goodwill	1,993	1,993
Regulatory assets	6,334	6,209
Securitized regulatory assets	741	758
Intangible assets	153	156
Notes receivable	768	420
Derivative assets	57	109
Prepaid postretirement costs	653	633
Operating lease right-of-use assets	152	132
Other	260	262
Total Other Assets	11,111	10,672
Total Assets	45,902	44,755
Current Liabilities
Accounts payable	1,098	1,361
Accrued interest	238	170
Dividends payable	211	210
Short-term borrowings	290	1,283
Current portion long-term debt, including securitization bonds and finance leases	2,409	2,142
Derivative liabilities	126	177
Gas inventory equalization	90	0
Regulatory liabilities	35	71
Operating lease liabilities	16	17
Other	462	452
Total Current Liabilities	4,975	5,883
Long-Term Debt (net of current portion)
Mortgage bonds, notes, and other	17,655	15,819
Securitization bonds	690	705
Junior subordinated debentures	884	883
Finance lease liabilities	19	13
Total Long-Term Debt (net of current portion)	19,248	17,420
Other Liabilities
Deferred income taxes	2,706	2,649
Regulatory liabilities	2,625	2,603
Asset retirement obligations	3,605	3,556
Unamortized investment tax credit	180	181
Derivative liabilities	119	132
Accrued pension liability	328	350
Accrued postretirement liability	294	301
Nuclear decommissioning	333	320
Operating lease liabilities	130	108
Other	181	197
Total Other Liabilities	10,501	10,397
Commitments and Contingencies (Notes 4 and 11)
Equity
Common stock (No par value, 400,000,000 shares authorized, and 206,937,244 and 206,357,070 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	6,710	6,713
Retained earnings	4,505	4,404
Accumulated other comprehensive loss	(42)	(67)
Total DTE Energy/DTE Electric Company Equity	11,173	11,050
Noncontrolling interests	5	5
Total Equity	11,178	11,055
Total Liabilities and Equity	$ 45,902	$ 44,755

About DTE Energy Co

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 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 solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is based in Detroit, Michigan.

CEO	Mr. Gerardo Norcia
WEBSITE	dteenergy.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	10102

DTE Energy Co Frequently Asked Questions

What is the ticker symbol for DTE Energy Co? What does DTE stand for in stocks?

DTE is the stock ticker symbol of DTE Energy Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of DTE Energy Co (DTE)?

As of Tue May 07 2024, market cap of DTE Energy Co is 23.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DTE stock?

You can check DTE's fair value in chart for subscribers.

What is the fair value of DTE stock?

You can check DTE's fair value in chart for subscribers. The fair value of DTE Energy Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of DTE Energy Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DTE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is DTE Energy Co a good stock to buy?

The fair value guage provides a quick view whether DTE is over valued or under valued. Whether DTE Energy Co is cheap or expensive depends on the assumptions which impact DTE Energy Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DTE.

What is DTE Energy Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, DTE's PE ratio (Price to Earnings) is 18.54 and Price to Sales (PS) ratio is 1.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DTE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on DTE Energy Co's stock?

In the past 10 years, DTE Energy Co has provided 0.09 (multiply by 100 for percentage) rate of return.