Dte Energy Stock Today
| DTE Stock | USD 123.98 1.80 1.47% |
Performance1 of 100
| Odds Of DistressLess than 36
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DTE Energy is trading at 123.98 as of the 22nd of November 2024, a 1.47% up since the beginning of the trading day. The stock's lowest day price was 121.85. DTE Energy has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of DTE Energy's common stock.
Business Domain Utilities | IPO Date 2nd of January 1970 |
The companys Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. The company was founded in 1903 and is headquartered in Detroit, Michigan. The company has 207.1 M outstanding shares of which 2.21 M shares are currently shorted by investors with about 2.15 days to cover. More on DTE Energy
Moving together with DTE Stock
| 0.89 | ED | Consolidated Edison | PairCorr |
| 0.68 | ES | Eversource Energy | PairCorr |
| 0.68 | FE | FirstEnergy | PairCorr |
| 0.77 | SO | Southern | PairCorr |
Moving against DTE Stock
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DTE Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Gerard Anderson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Deutsche Telekom AG Na | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, DAX Index, SP 500 Index, PHLX Utility, DAX Price, HDAX Performance, TecDAX, Energy, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | CoalNuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsDTE 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 (DTE) is traded on New York Stock Exchange in USA. It is located in One Energy Plaza, Detroit, MI, United States, 48226-1279 and employs 9,412 people. DTE Energy is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 25.3 B. DTE Energy runs under Multi-Utilities sector within Utilities industry. The entity has 207.1 M outstanding shares of which 2.21 M shares are currently shorted by investors with about 2.15 days to cover.
DTE Energy has about 33 M in cash with 3.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check DTE Energy Probability Of Bankruptcy
Ownership AllocationDTE Energy holds a total of 207.1 Million outstanding shares. The majority of DTE Energy outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in DTE Energy to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in DTE Energy. Please pay attention to any change in the institutional holdings of DTE Energy as this could imply that something significant has changed or is about to change at the company. Please note that on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of DTE Energy's common stock.
Check DTE Ownership Details
DTE Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Hhg Plc | 2024-06-30 | 2.7 M | |
| Boston Partners Global Investors, Inc | 2024-06-30 | 2.3 M | |
| Clearbridge Advisors, Llc | 2024-06-30 | 2.3 M | |
| Franklin Resources Inc | 2024-06-30 | 2.2 M | |
| Pictet Asset Manangement Sa | 2024-06-30 | 2.2 M | |
| Amvescap Plc. | 2024-06-30 | 2.1 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.8 M | |
| Northern Trust Corp | 2024-09-30 | 1.7 M | |
| Massachusetts Financial Services Company | 2024-09-30 | 1.7 M | |
| Vanguard Group Inc | 2024-09-30 | 24.4 M | |
| Capital Research Global Investors | 2024-09-30 | 20.2 M |
DTE Energy Historical Income Statement
DTE Stock Against Markets
DTE Energy Corporate Directors
| James Vandenberghe | Independent Director | Profile | |
| Robert Skaggs | Independent Director | Profile | |
| David Brandon | Independent Director | Profile | |
| Mark Murray | Independent Director | 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Multi-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.
Quarterly Earnings Growth 0.425 | Dividend Share 4.08 | Earnings Share 7.38 | Revenue Per Share 60.048 | Quarterly Revenue Growth 0.006 |
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.