DTE Energy Company engages in the utility operations. More Details
Solid track record established dividend payer.
Share Price & News
How has DTE Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DTE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: DTE's weekly volatility (2%) has been stable over the past year.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: DTE exceeded the US Integrated Utilities industry which returned 9.5% over the past year.
Return vs Market: DTE underperformed the US Market which returned 42.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is DTE Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHave Insiders Been Selling DTE Energy Company (NYSE:DTE) Shares?
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of DTE Energy Company (NYSE:DTE) Shares?
1 month ago | Simply Wall StDid DTE Energy Company (NYSE:DTE) Use Debt To Deliver Its ROE Of 11%?
Is DTE Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DTE ($131.75) is trading above our estimate of fair value ($121.92)
Significantly Below Fair Value: DTE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DTE is good value based on its PE Ratio (17.9x) compared to the US Integrated Utilities industry average (20.8x).
PE vs Market: DTE is good value based on its PE Ratio (17.9x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: DTE is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: DTE's PB Ratio (2x) is in line with the US Integrated Utilities industry average.
How is DTE Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DTE's forecast earnings growth (3.9% per year) is above the savings rate (2%).
Earnings vs Market: DTE's earnings (3.9% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: DTE's earnings are forecast to grow, but not significantly.
Revenue vs Market: DTE's revenue (4.1% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: DTE's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DTE's Return on Equity is forecast to be low in 3 years time (9.9%).
How has DTE Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DTE has high quality earnings.
Growing Profit Margin: DTE's current net profit margins (11%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: DTE's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: DTE's earnings growth over the past year (28.8%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: DTE earnings growth over the past year (28.8%) exceeded the Integrated Utilities industry 21.3%.
Return on Equity
High ROE: DTE's Return on Equity (11.2%) is considered low.
How is DTE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: DTE's short term assets ($4.4B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: DTE's short term assets ($4.4B) do not cover its long term liabilities ($31.4B).
Debt to Equity History and Analysis
Debt Level: DTE's debt to equity ratio (161.1%) is considered high.
Reducing Debt: DTE's debt to equity ratio has increased from 107.4% to 161.1% over the past 5 years.
Debt Coverage: DTE's debt is not well covered by operating cash flow (18%).
Interest Coverage: DTE's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is DTE Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DTE's dividend (3.29%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: DTE's dividend (3.29%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: DTE's dividends per share have been stable in the past 10 years.
Growing Dividend: DTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57%), DTE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DTE's dividends in 3 years are forecast to be covered by earnings (61.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jerry Norcia (57 yo)
Mr. Gerardo Norcia, also known as Jerry, serves as Chief Executive Officer of DTE Energy Company since July 01, 2019, President since April 04, 2016 and as its Director since 2019. He has been Chief Execut...
CEO Compensation Analysis
Compensation vs Market: Jerry's total compensation ($USD10.61M) is about average for companies of similar size in the US market ($USD11.28M).
Compensation vs Earnings: Jerry's compensation has increased by more than 20% in the past year.
Experienced Management: DTE's management team is considered experienced (4.4 years average tenure).
Experienced Board: DTE's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
DTE Energy Company's company bio, employee growth, exchange listings and data sources
- Name: DTE Energy Company
- Ticker: DTE
- Exchange: NYSE
- Founded: 1903
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$25.293b
- Shares outstanding: 193.73m
- Website: https://newlook.dteenergy.com
Number of Employees
- DTE Energy Company
- One Energy Plaza
- United States
DTE Energy Company engages in the utility operations. The company’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and indus...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 23:42|
|End of Day Share Price||2021/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.