Dte Energy Stock Today

DTB Stock  USD 19.36  0.14  0.73%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
High
 
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Low
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

Moving together with DTE Stock

  0.62CMS-PB Consumers EnergyPairCorr
  0.74CMS-PC CMS EnergyPairCorr
  0.98DTG DTE EnergyPairCorr

Moving against DTE Stock

  0.69CGBSW Crown LNG HoldingsPairCorr
  0.57CDZIP Cadiz Depositary SharesPairCorr
  0.53HLGN HeliogenPairCorr
  0.51PCG-PI Pacific GasPairCorr
  0.4VSTEW Vast RenewablesPairCorr
  0.38EONGY EON SE ADRPairCorr

DTE Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGerardo Norcia
Thematic IdeaUtilities (View all Themes)
Business ConcentrationUtilities, Energy, Utilities (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02970.0312
Notably Down
Slightly volatile
Asset Turnover0.270.2848
Notably Down
Slightly volatile
Gross Profit Margin0.250.3395
Way Down
Slightly volatile
Net Debt22 B20.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities3.2 B5.9 B
Way Down
Slightly volatile
Non Current Liabilities Total23 B27.8 B
Significantly Down
Slightly volatile
Total Assets47 B44.8 B
Sufficiently Up
Slightly volatile
Total Current Assets3.2 B3.5 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities2.1 B3.2 B
Way Down
Slightly volatile
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.
Liquidity
DTE Energy has 20.97 B in debt. Note however, debt could still be an excellent tool for DTE to invest in growth at high rates of return.

Sale Purchase Of Stock

1.5 Billion
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
Check DTE Energy Probability Of Bankruptcy

DTE Energy Historical Income Statement

At present, DTE Energy's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 2.2 B, whereas Depreciation And Amortization is forecasted to decline to about 1.1 B. View More Fundamentals

DTE Stock Against Markets

DTE Energy Corporate Management

James VandenbergheIndependent DirectorProfile
Peter DietrichSenior Vice President and Chief Nuclear OfficerProfile
Robert SkaggsIndependent DirectorProfile
Marco BruzzanoSenior Vice President - Corporate Strategy and Regulatory AffairsProfile
When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
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.