DTE Energy Stock Today

DTE
 Stock
  

USD 116.12  0.11  0.09%   

Market Performance
0 of 100
Odds Of Distress
Less than 12
DTE Energy is trading at 116.12 as of the 2nd of December 2022, a 0.09 percent increase since the beginning of the trading day. The stock's lowest day price was 116.07. DTE Energy has less than a 12 % chance of experiencing some financial distress in the next two years of operation, 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 12th of December 2020 and ending today, the 2nd of December 2022. Please note, there could be an existing legal relationship between DTE Energy (DTE) and DTE ENERGY CO (DTP). Click here to learn more.
CUSIP
233331107
Fiscal Year End
December
Business Domain
Utilities
IPO Date
2nd of January 1970
Category
Utilities
Classification
Utilities
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 193.74 M outstanding shares of which 1.92 M shares are currently shorted by investors with about 1.05 days to cover. More on DTE Energy

Moving together with DTE Energy

+0.95BIPBrookfield Infrastructure Downward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
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DTE Energy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DTE Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DTE Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
DTE Energy generated a negative expected return over the last 90 days
The company has 14.53 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist DTE Energy until it has trouble settling it off, either with new capital or with free cash flow. So, DTE Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTE Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTE Energy to invest in growth at high rates of return. When we think about DTE Energy's use of debt, we should always consider it together with cash and equity.
DTE Energy has a strong financial position based on the latest SEC filings
Over 75.0% of DTE Energy shares are held by institutions such as insurance companies
Latest headline from news.google.com: BMO Capital Adjusts Price Target on DTE Energy to 125 From 117, Maintains Market Perform Rating - Marketscreener.com
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, DTE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DTE Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Related EntityDTP (DTE ENERGY CO)
ChairmanGerard Anderson
Thematic Ideas
(view all).
Excise Tax ActivitiesCoalNuclear
Fama & French Classification
Average Analyst Recommendation
Analysts covering DTE Energy report their recommendations after researching DTE Energy's financial statements, talking to executives and customers, or listening in on DTE Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering DTE Energy. The DTE Energy consensus assessment is calculated by taking the average forecast from all of the analysts covering DTE Energy.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of DTE Energy based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of DTE Energy financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted177.6 M194 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares166.8 M173.7 M
Sufficiently Down
Increasing
Slightly volatile
Return on Average Assets2.312.1287
Significantly Up
Increasing
Very volatile
Net Cash Flow from Operations2.6 B3.1 B
Fairly Down
Increasing
Slightly volatile
Current Liabilities6.8 B6.3 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities26.2 B31 B
Fairly Down
Increasing
Slightly volatile
Gross Margin27.3722.2935
Fairly Up
Decreasing
Slightly volatile
Total Debt16.8 B18.3 B
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.40.3512
Fairly Up
Decreasing
Very volatile
Current AssetsB3.3 B
Significantly Down
Increasing
Slightly volatile
Total Assets34.6 B39.7 B
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of DTE Energy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
DTE Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DTE Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
DTE Energy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of DTE Energy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on DTE Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how DTE Energy deploys its capital and how much of that capital is borrowed.
Liquidity
DTE Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 14.53 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist DTE Energy until it has trouble settling it off, either with new capital or with free cash flow. So, DTE Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTE Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTE Energy to invest in growth at high rates of return. When we think about DTE Energy's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

2.61 Billion
DTE Energy (DTE) is traded on New York Stock Exchange in USA and employs 10,400 people. DTE Energy is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 22.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DTE Energy's market, we take the total number of its shares issued and multiply it by DTE Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. DTE Energy runs under Multi-Utilities sector within Utilities industry. The entity has 193.74 M outstanding shares of which 1.92 M shares are currently shorted by investors with about 1.05 days to cover. DTE Energy has about 28 M in cash with 3.07 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
DTE Energy retains a total of 193.74 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check DTE Energy Ownership Details

DTE Energy Stock Price Odds Analysis

What are DTE Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of DTE Energy jumping above the current price in 90 days from now is about 55.57%. The DTE Energy probability density function shows the probability of DTE Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon DTE Energy has a beta of 0.9079 suggesting DTE Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, DTE Energy is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. DTE Energy is significantly underperforming NYSE Composite.
  Odds Below 116.12HorizonTargetOdds Above 116.12
44.26%90 days
 116.12 
55.57%
Based on a normal probability distribution, the odds of DTE Energy to move above the current price in 90 days from now is about 55.57 (This DTE Energy probability density function shows the probability of DTE Energy Stock to fall within a particular range of prices over 90 days) .

DTE Energy Historical Income Statement

DTE Energy Income Statement is one of the three primary financial statements used for reporting DTE Energy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DTE Energy revenue and expense. DTE Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
DTE Energy Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 1.41 Billion. The current year Gross Profit is expected to grow to about 3.5 B, whereas Cost of Revenue is forecasted to decline to about 11 B. View More Fundamentals

DTE Energy Stock Against Markets

Picking the right benchmark for DTE Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DTE Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DTE Energy is critical whether you are bullish or bearish towards DTE Energy at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DTE Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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DTE Energy Corporate Directors

DTE Energy corporate directors refer to members of a DTE Energy board of directors. The board of directors generally takes responsibility for the DTE Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of DTE Energy's board members must vote for the resolution. The DTE Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barbara Tuckfield - Director - Investor RelationsProfile
Frank Fountain - Independent DirectorProfile
Gary Torgow - Independent DirectorProfile
Gail McGovern - Independent DirectorProfile

Invested in DTE Energy?

The danger of trading DTE Energy is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DTE Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DTE Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DTE Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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Is DTE Energy's industry 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 Energy 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 YOY
14.32
Market Capitalization
22.5 B
Quarterly Revenue Growth YOY
0.41
Return On Assets
0.0253
Return On Equity
0.13
The market value of DTE Energy is measured differently than its book value, which is the value of DTE Energy 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 DTE Energy value 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.