Utilities - Regulated Electric - NYSE - US
$ 120.09
0.57 %
$ 24.9 B
Market Cap
16.16
P/E
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 other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 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 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines.[ Read More ]
The intrinsic value of one DTE stock under the base case scenario is HIDDEN Compared to the current market price of 120 USD, DTE Energy Company is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart DTE
FINANCIALS
12.7 B
REVENUE
2.24 B
OPERATING INCOME
1.4 B
NET INCOME
3.22 B
OPERATING CASH FLOW
-4.1 B
INVESTING CASH FLOW
883 M
FINANCING CASH FLOW
2.91 B
REVENUE
517 M
OPERATING INCOME
477 M
NET INCOME
758 M
OPERATING CASH FLOW
-1.19 B
INVESTING CASH FLOW
1.37 B
FINANCING CASH FLOW
Balance Sheet Decomposition
DTE Energy Company
| Current Assets | 3.54 B |
| Cash & Short-Term Investments | 26 M |
| Receivables | 1.79 B |
| Other Current Assets | 1.73 B |
| Non-Current Assets | 41.2 B |
| Long-Term Investments | 334 M |
| PP&E | 28.3 B |
| Other Non-Current Assets | 12.6 B |
| Current Liabilities | 5.88 B |
| Accounts Payable | 1.36 B |
| Short-Term Debt | 3.44 B |
| Other Current Liabilities | 1.08 B |
| Non-Current Liabilities | 27.8 B |
| Long-Term Debt | 17.5 B |
| Other Non-Current Liabilities | 10.3 B |
EFFICIENCY
Earnings Waterfall
DTE Energy Company
| Revenue | 12.7 B |
| Cost Of Revenue | 8.42 B |
| Gross Profit | 4.33 B |
| Operating Expenses | 2.08 B |
| Operating Income | 2.24 B |
| Other Expenses | 846 M |
| Net Income | 1.4 B |
RATIOS
33.95%
GROSS MARGIN
17.60%
OPERATING MARGIN
10.96%
NET MARGIN
12.64%
ROE
3.12%
ROA
6.28%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
DTE Energy Company
| Net Income | 1.4 B |
| Depreciation & Amortization | 1.61 B |
| Capital Expenditures | -3.93 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 65 M |
| Others | 54 M |
| Free Cash Flow | -714 M |
Wall Street Analysts Price Targets
DTE Energy Company
Wall Street analysts predict an average 1-year price target for DTE of $131 , with forecasts ranging from a low of $113 to a high of $142 .
DTE Lowest Price Target
Wall Street Target
113 USD
-5.90%
DTE Average Price Target
Wall Street Target
131 USD
9.08%
DTE Highest Price Target
Wall Street Target
142 USD
18.24%
4. DIVIDEND ANALYSIS
0.76%
DIVIDEND YIELD
1.02 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
DTE Energy Company
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
542 K USD 2
6-9 MONTHS
3.99 M USD 7
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Jun 05, 2024
|
Sell 403 K USD
|
Lauer Trevor F
Vice Chairman & Group Pres. |
- 3500
|
115.068 USD |
|
5 months ago
Jun 03, 2024
|
Sell 140 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 1198
|
116.6115 USD |
|
6 months ago
May 15, 2024
|
Sell 1.16 M USD
|
Stiers Mark W
Pres & COO-DTE Vantage & Trad. |
- 10000
|
116 USD |
|
6 months ago
May 02, 2024
|
Sell 335 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 3000
|
111.52 USD |
|
8 months ago
Feb 27, 2024
|
Sell 515 K USD
|
Richard Robert A.
President & COO - DTE Gas |
- 4800
|
107.252 USD |
|
8 months ago
Feb 23, 2024
|
Sell 325 K USD
|
Harris Joi M.
President & COO |
- 3000
|
108.49 USD |
|
8 months ago
Feb 22, 2024
|
Sell 64.2 K USD
|
Myrick Tracy J
Chief Accounting Officer |
- 600
|
107.04 USD |
|
8 months ago
Feb 21, 2024
|
Sell 663 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 6070
|
109.19 USD |
|
8 months ago
Feb 20, 2024
|
Sell 301 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 2775
|
108.43 USD |
|
9 months ago
Feb 15, 2024
|
Sell 625 K USD
|
Paul Matthew T.
Pres. & COO-DTE Electric Co. |
- 5850
|
106.92 USD |
|
1 year ago
Aug 02, 2023
|
Sell 284 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 2500
|
113.53 USD |
|
1 year ago
Jun 07, 2023
|
Sell 77.3 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 700
|
110.41 USD |
|
1 year ago
Jun 06, 2023
|
Sell 64.3 K USD
|
Myrick Tracy J
Chief Accounting Officer |
- 585
|
109.98 USD |
|
1 year ago
May 05, 2023
|
Sell 452 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 4000
|
113.09 USD |
|
2 years ago
Aug 22, 2022
|
Sell 136 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 1000
|
135.62 USD |
|
2 years ago
Aug 02, 2022
|
Sell 234 K USD
|
Harris Joi M.
Pres. & COO - DTE Gas Company |
- 1800
|
130.13 USD |
|
2 years ago
Aug 02, 2022
|
Sell 378 K USD
|
Richard Robert A.
Executive Vice President |
- 2900
|
130.31 USD |
|
2 years ago
May 27, 2022
|
Sell 80.6 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 600
|
134.28 USD |
|
2 years ago
May 23, 2022
|
Sell 253 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 1938
|
130.31 USD |
|
2 years ago
Mar 04, 2022
|
Sell 205 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 1600
|
127.86 USD |
|
2 years ago
Mar 04, 2022
|
Sell 75 K USD
|
Myrick Tracy J
Chief Accounting Officer |
- 600
|
124.99 USD |
|
2 years ago
Mar 02, 2022
|
Sell 200 K USD
|
Harris Joi M.
Pres. & COO - DTE Gas Company |
- 1650
|
120.97 USD |
|
2 years ago
Feb 16, 2022
|
Sell 58.3 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 500
|
116.58 USD |
|
2 years ago
Dec 02, 2021
|
Sell 55.4 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 500
|
110.78 USD |
|
3 years ago
Aug 11, 2021
|
Sell 1.81 M USD
|
Lauer Trevor F
President and COO-DTE Electric |
- 15000
|
120.41 USD |
|
3 years ago
Aug 11, 2021
|
Sell 1.21 M USD
|
ANDERSON GERARD M
Executive Chairman |
- 10000
|
120.53 USD |
|
3 years ago
Mar 04, 2021
|
Sell 193 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 1600
|
120.67 USD |
|
3 years ago
Feb 24, 2021
|
Bought 50 K USD
|
Thomas David A
Director |
+ 395
|
126.56 USD |
|
3 years ago
Feb 24, 2021
|
Sell 125 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 1000
|
124.92 USD |
|
3 years ago
Feb 24, 2021
|
Sell 297 K USD
|
Rolling Mark C.
VP Controller & CAO |
- 2389
|
124.45 USD |
|
3 years ago
Feb 23, 2021
|
Sell 49.4 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 400
|
123.5 USD |
|
4 years ago
Nov 16, 2020
|
Sell 605 K USD
|
MEADOR DAVID E
Vice Chairman and CAO |
- 4500
|
134.5 USD |
|
4 years ago
Nov 16, 2020
|
Sell 309 K USD
|
Paul Matthew T.
President & COO DTE Gas Co. |
- 2300
|
134.348 USD |
|
4 years ago
Nov 13, 2020
|
Sell 93.2 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 714
|
130.512 USD |
|
4 years ago
Nov 10, 2020
|
Sell 251 K USD
|
Rolling Mark C.
VP Controller & CAO |
- 1939
|
129.476 USD |
|
4 years ago
Nov 10, 2020
|
Sell 251 K USD
|
Rolling Mark C.
VP Controller & CAO |
- 1939
|
129.476 USD |
|
4 years ago
Nov 09, 2020
|
Sell 52.4 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 400
|
130.967 USD |
|
4 years ago
Oct 30, 2020
|
Sell 150 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 1225
|
122.63 USD |
|
4 years ago
May 18, 2020
|
Sell 40.8 K USD
|
Chavez JoAnn
Sr VP & Chief Legal Officer |
- 400
|
101.93 USD |
|
4 years ago
Feb 24, 2020
|
Sell 243 K USD
|
Oleksiak Peter B
Sr. Vice President and CFO |
- 1800
|
134.94 USD |
|
4 years ago
Feb 20, 2020
|
Sell 1.34 M USD
|
Stiers Mark W
Pres. & COO P&I, Pres. Trading |
- 10000
|
134 USD |
|
5 years ago
Sep 05, 2019
|
Bought 200 K USD
|
TORGOW GARY
Director |
+ 1537
|
129.95 USD |
|
5 years ago
Aug 27, 2019
|
Sell 1.31 M USD
|
Stiers Mark W
Pres. & COO P&I, Pres. Trading |
- 10000
|
131 USD |
|
5 years ago
Aug 13, 2019
|
Sell 1.47 M USD
|
ANDERSON GERARD M
Executive Chairman |
- 11500
|
128.02 USD |
|
5 years ago
May 23, 2019
|
Sell 30.6 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 237.22
|
128.86 USD |
|
5 years ago
May 21, 2019
|
Sell 431 K USD
|
Stiers Mark W
President and COO - DTE Gas |
- 3375
|
127.84 USD |
|
5 years ago
May 21, 2019
|
Sell 847 K USD
|
Stiers Mark W
President and COO - DTE Gas |
- 6625
|
127.84 USD |
|
5 years ago
May 07, 2019
|
Bought 249 K USD
|
SHAW RUTH G
Director |
+ 2000
|
124.27 USD |
|
5 years ago
May 06, 2019
|
Sell 1.25 M USD
|
ANDERSON GERARD M
Chairman and CEO |
- 10000
|
124.79 USD |
|
5 years ago
May 06, 2019
|
Sell 1.25 M USD
|
ANDERSON GERARD M
Chairman and CEO |
- 10000
|
124.79 USD |
|
5 years ago
May 03, 2019
|
Sell 188 K USD
|
Oleksiak Peter B
Sr. Vice President and CFO |
- 1500
|
125.25 USD |
|
5 years ago
Feb 21, 2019
|
Sell 208 K USD
|
Lauer Trevor F
President and COO-DTE Electric |
- 1700
|
122.44 USD |
|
5 years ago
Feb 19, 2019
|
Sell 214 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 1783
|
119.85 USD |
|
5 years ago
Feb 19, 2019
|
Sell 49.8 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 417
|
119.52 USD |
|
5 years ago
Feb 19, 2019
|
Sell 49.9 K USD
|
Muschong Lisa A.
VP, Corp Sec & Chief of Staff |
- 416
|
119.88 USD |
|
5 years ago
Feb 14, 2019
|
Sell 1.31 M USD
|
ANDERSON GERARD M
Chairman and CEO |
- 11000
|
119.39 USD |
7. News
5 Defensive Stocks to Counter Volatility as Post-Election Rally Halts
Low-beta defensive stocks like AGR, ATO, DTE, CLX and INGR are a safe bet during times of market volatility.
zacks.com
- 1 day ago
Down -5.37% in 4 Weeks, Here's Why DTE Energy (DTE) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for DTE Energy (DTE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
zacks.com
- 1 week ago
DTE or NEE: Which Is the Better Value Stock Right Now?
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE). But which of these two companies is the best option for those looking for undervalued stocks?
zacks.com
- 2 weeks ago
Michigan winter temperatures expected to drive up energy use
DTE Energy is connecting its customers to resources and information to help them manage use and keep bills affordable DTE Energy is connecting its customers to resources and information to help them manage use and keep bills affordable
globenewswire.com
- 2 weeks ago
DTE Energy begins operating its largest solar park, Sauk Solar
Sauk Solar will generate 150 megawatts of clean energy, enough to power approximately 40,000 homes Sauk Solar is the first of six new solar parks to come online that are all funded through DTE's CleanVision MIGreenPower program Sauk Solar will generate 150 megawatts of clean energy, enough to power approximately 40,000 homes Sauk Solar is the first of six new solar parks to come online that are all funded through DTE's CleanVision MIGreenPower program
globenewswire.com
- 3 weeks ago
DTE Energy Company (DTE) Q3 2024 Earnings Call Transcript
DTE Energy Company (NYSE:DTE ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Matt Krupinski - Director, IR Gerardo Norcia - Chairman and CEO Joi Harris - President and COO David Ruud - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Nick Campanella - Barclays David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Michael Sullivan - Wolfe Research Paul Fremont - Ladenburg Bill Appicelli - UBS Sophie Karp - KeyBanc Travis Miller - Morningstar Operator Good morning and welcome to the DTE Energy Third Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode.
seekingalpha.com
- 3 weeks ago
DTE Energy (DTE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for DTE Energy (DTE) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
DTE Energy's Q3 Earnings Surpass Estimates, Increase Y/Y
DTE reiterates its 2024 operating EPS projection. The company still expects operating EPS to be in the range of $6.54-$6.83.
zacks.com
- 3 weeks ago
DTE Energy reports third quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
DETROIT, Oct. 24, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $3 billion so far this year and is on track to invest over $4 billion in 2024 to continue building the electric grid of the future, transforming its power generation to deliver cleaner sources of energy, and upgrading and expanding its natural gas infrastructure to be safer and more reliable.
globenewswire.com
- 3 weeks ago
3 Wind Energy Stocks to Buy Ahead of Q3 Earnings Releases
3 Wind Energy Stocks to Buy Ahead of Earnings Results. These are: DTE, FE, NEP.
zacks.com
- 3 weeks ago
DTE Energy (DTE) Upgraded to Strong Buy: Here's Why
DTE Energy (DTE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 3 weeks ago
Evercore is bullish on utilities, upgrades from line to outperform
The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broader market, prompting Evercore ISI to upgrade the utilities sector from In Line to Outperform.
youtube.com
- 1 month ago
8. Profile Summary
DTE Energy Company DTE
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 24.9 B
Dividend Yield
0.76%
Description
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 other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 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 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, 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 headquartered in Detroit, Michigan.
Contact
One Energy Plaza, Detroit, MI, 48226-1279
https://newlook.dteenergy.com
IPO Date
Jan. 2, 1970
Employees
9412
Officers
Mr. David S. Ruud
Executive Vice President & Chief Financial Officer
Mr. Bill Chiu
Vice President of Distribution Engineering & Technology
Ms. JoAnn Chavez
Senior Vice President & Chief Legal Officer
Mr. Trevor F. Lauer
Vice Chairman & Group President
Mr. Mark W. Stiers
President of DTE Vantage & Energy Trading
Ms. Tracy J. Myrick
Chief Accounting Officer
Ms. Barbara Tuckfield
Director - Investor Relations
Mr. Gerardo Norcia
Chief Executive Officer & Chairman
Ms. Joi M. Harris
President & Chief Operating Officer
Mr. Steven B. Ambrose
Chief Information Officer & Vice President