DTE Energy (DTE)
(Delayed Data from NYSE)
$125.09 USD
+1.56 (1.26%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $125.08 -0.01 (-0.01%) 7:58 PM ET
2-Buy of 5 2
B Value C Growth C Momentum B VGM
Company Summary
Detroit, MI-based DTE Energy Company (DTE), incorporated in 1995, is a diversified energy company that develops and manages energy-related businesses and services nationwide. The company’s two largest regulated subsidiaries are DTE Electric Company and DTE Gas Company.
The company primarily operates through the following segments.
The Electric segment consists mainly of DTE Electric Company — an electric utility engaged in the generation, purchase, distribution and sale of electricity to approximately 2.3 million customers in southeastern Michigan. The segment also includes non-utility operations related to renewable energy ...
Company Summary
Detroit, MI-based DTE Energy Company (DTE), incorporated in 1995, is a diversified energy company that develops and manages energy-related businesses and services nationwide. The company’s two largest regulated subsidiaries are DTE Electric Company and DTE Gas Company.
The company primarily operates through the following segments.
The Electric segment consists mainly of DTE Electric Company — an electric utility engaged in the generation, purchase, distribution and sale of electricity to approximately 2.3 million customers in southeastern Michigan. The segment also includes non-utility operations related to renewable energy projects at DTE Sustainable Generation, which was acquired to support DTE Energy's renewable energy goals. Operating revenues in the Electric Utility segment totaled $5,804 million in 2023.
The Gas segment primarily consists of DTE Gas, which is a natural gas utility engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.3 million customers throughout Michigan. Operating revenues in the Gas Utility segment totaled $1,748 million in 2023.
The company’s Non-Utility Operations segment consists of DTE Vantage and Energy Trading. DTE Vantage is comprised primarily of renewable energy projects that sell electricity and pipeline-quality gas and projects that deliver custom energy solutions to customers. Operating revenues in this segment totaled $809 million in 2023.
Energy Trading division engages in marketing and trading of power and natural gas. Operating revenues in this segment amounted to $4,612 million in 2023.
General Information
DTE Energy Company
One Energy Plaza
Detroit, MI 48226
Phone: 313-235-4000
Fax: 313-235-6743
Email: investor_relations@dteenergy.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.80 |
Current Year EPS Consensus Estimate | 6.70 |
Estimated Long-Term EPS Growth Rate | 8.10 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 123.53 |
52 Week High | 127.59 |
52 Week Low | 90.14 |
Beta | 0.67 |
20 Day Moving Average | 984,759.19 |
Target Price Consensus | 128.69 |
4 Week | 1.03 |
12 Week | 12.68 |
YTD | 13.45 |
4 Week | -0.18 |
12 Week | 7.90 |
YTD | -6.47 |
Shares Outstanding (millions) | 206.94 |
Market Capitalization (millions) | 25,885.78 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 3.26% |
Annual Dividend | $4.08 |
Payout Ratio | 0.63 |
Change in Payout Ratio | 0.01 |
Last Dividend Payout / Amount | 9/16/2024 / $1.02 |
Fundamental Ratios
P/E (F1) | 18.68 |
Trailing 12 Months | 19.22 |
PEG Ratio | 2.30 |
vs. Previous Year | 44.44% |
vs. Previous Quarter | -14.37% |
vs. Previous Year | 7.12% |
vs. Previous Quarter | -11.27% |
Price/Book | 2.33 |
Price/Cash Flow | 9.06 |
Price / Sales | 2.09 |
6/30/24 | 12.18 |
3/31/24 | 11.53 |
12/31/23 | 11.00 |
6/30/24 | 2.95 |
3/31/24 | 2.83 |
12/31/23 | 2.72 |
6/30/24 | 0.69 |
3/31/24 | 0.75 |
12/31/23 | 0.60 |
6/30/24 | 0.52 |
3/31/24 | 0.54 |
12/31/23 | 0.42 |
6/30/24 | 10.86 |
3/31/24 | 10.29 |
12/31/23 | 9.29 |
6/30/24 | 11.18 |
3/31/24 | 10.36 |
12/31/23 | 10.96 |
6/30/24 | 12.33 |
3/31/24 | 11.51 |
12/31/23 | 12.29 |
6/30/24 | 53.70 |
3/31/24 | 54.02 |
12/31/23 | 53.60 |
6/30/24 | 7.33 |
3/31/24 | 7.69 |
12/31/23 | 8.62 |
6/30/24 | 1.73 |
3/31/24 | 1.72 |
12/31/23 | 1.58 |
6/30/24 | 63.43 |
3/31/24 | 63.26 |
12/31/23 | 61.18 |