Dte Energy Stock Today
DTB Stock | USD 19.36 0.14 0.73% |
Performance0 of 100
| Odds Of DistressLess than 6
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DTE Energy is trading at 19.36 as of the 22nd of November 2024, a 0.73 percent up since the beginning of the trading day. The stock's open price was 19.22. DTE Energy has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for DTE Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
IPO Date 8th of October 2020 |
DTE Energy is entity of United States. It is traded as Stock on NYSE exchange. More on DTE Energy
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DTE Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO | Gerardo Norcia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Utilities, Energy, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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DTE Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DTE Energy's financial leverage. It provides some insight into what part of DTE Energy's total assets is financed by creditors.
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DTE Energy (DTB) is traded on New York Stock Exchange in USA. It is located in null and employs 27 people. DTE Energy is listed under Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 26.58 B.
DTE Energy generates positive cash flow from operations, but has no cash available
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DTE Energy Historical Income Statement
DTE Stock Against Markets
DTE Energy Corporate Management
James Vandenberghe | Independent Director | Profile | |
Peter Dietrich | Senior Vice President and Chief Nuclear Officer | Profile | |
Robert Skaggs | Independent Director | Profile | |
Marco Bruzzano | Senior Vice President - Corporate Strategy and Regulatory Affairs | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0752 |
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.