DTE Energy Company engages in the utility operations.
Established dividend payer with acceptable track record.
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's share price has been volatile over the past 3 months.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: DTE underperformed the US Integrated Utilities industry which returned -3.9% over the past year.
Return vs Market: DTE underperformed the US Market which returned 8.5% over the past year.
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
2 months ago | Simply Wall StDoes DTE Energy Company’s (NYSE:DTE) ROCE Reflect Well On The Business?
2 months ago | Simply Wall StWhat Is DTE Energy's (NYSE:DTE) P/E Ratio After Its Share Price Tanked?
2 months ago | Simply Wall StDo Institutions Own DTE Energy Company (NYSE:DTE) Shares?
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 ($113.04) is trading above our estimate of fair value ($91.52)
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 (19.2x) compared to the Integrated Utilities industry average (20x).
PE vs Market: DTE is poor value based on its PE Ratio (19.2x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: DTE is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: DTE is overvalued based on its PB Ratio (1.8x) compared to the US Integrated Utilities industry average (1.8x).
How is DTE Energy forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DTE's forecast earnings growth (6.3% per year) is above the savings rate (2.2%).
Earnings vs Market: DTE's earnings (6.3% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: DTE's earnings are forecast to grow, but not significantly.
Revenue vs Market: DTE's revenue (0.4% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: DTE's revenue (0.4% 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 (10.7%).
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 (9.1%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: DTE's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: DTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DTE had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Integrated Utilities industry average (-6.1%).
Return on Equity
High ROE: DTE's Return on Equity (9.2%) is considered low.
How is DTE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: DTE's short term assets ($3.5B) do not cover its short term liabilities ($4.0B).
Long Term Liabilities: DTE's short term assets ($3.5B) do not cover its long term liabilities ($27.3B).
Debt to Equity History and Analysis
Debt Level: DTE's debt to equity ratio (154.6%) is considered high.
Reducing Debt: DTE's debt to equity ratio has increased from 103.7% to 154.6% over the past 5 years.
Debt Coverage: DTE's debt is not well covered by operating cash flow (16%).
Interest Coverage: DTE's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is DTE Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DTE's dividend (3.58%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: DTE's dividend (3.58%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Stability and Growth of Payments
Stable Dividend: DTE's dividends per share have been stable in the past 10 years.
Growing Dividend: DTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.3%), DTE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DTE's dividends in 3 years are forecast to be covered by earnings (62.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jerry Norcia (56yo)
Mr. Gerardo Norcia, also known as Jerry, serves as President & Chief Executive Officer of DTE Energy at DTE Electric Company since July 01, 2019. He serves as President and Chief Executive Officer of Dte E ...
CEO Compensation Analysis
Compensation vs Market: Jerry's total compensation ($USD8.23M) is about average for companies of similar size in the US market ($USD11.58M).
Compensation vs Earnings: Jerry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman & Advisor To CEO||8.75yrs||US$12.15m||0.32% $69.8m|
|Vice Chairman & Chief Administrative Officer||6.42yrs||US$4.35m||0.094% $20.5m|
|Executive Officer||0.083yr||US$4.18m||0.027% $5.9m|
|President & COO of DTE Electric Company||4.17yrs||US$3.11m||0.016% $3.4m|
|Senior VP & CFO||0.25yr||no data||0.020% $4.3m|
|Chief Investment Officer||3.75yrs||no data||no data|
|VP, Controller & Chief Accounting Officer||1.25yrs||no data||0.0068% $1.5m|
|Chief Information Officer and Vice President||9yrs||no data||no data|
|Director - Investor Relations||no data||no data||no data|
Experienced Management: DTE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Executive Chairman & Advisor To CEO||8.75yrs||US$12.15m||0.32% $69.8m|
|Vice President||no data||no data||no data|
|Independent Director||14yrs||US$271.99k||0.0010% $226.4k|
|Independent Director||10yrs||US$270.31k||0.00052% $113.2k|
|Lead Independent Director||1.08yrs||US$279.96k||0.0029% $622.7k|
|Independent Director||8.33yrs||US$259.99k||0.00052% $113.2k|
|Independent Director||17yrs||US$256.31k||no data|
|Independent Director||11.17yrs||US$271.31k||0.00052% $113.2k|
|Independent Director||2.08yrs||US$275.16k||0.00052% $113.2k|
Experienced Board: DTE's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DTE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.
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$21.773b
- Shares outstanding: 192.61m
- Website: https://newlook.dteenergy.com
Number of Employees
- DTE Energy Company
- One Energy Plaza
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DTE||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1996|
|DGY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1996|
|0I6Q||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1996|
|DGY||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1996|
|DTY||NYSE (New York Stock Exchange)||JR SUB DB 2016 F||US||USD||Dec 2016|
|D1TE34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
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 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 700 distribution substations and 445,200 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; 1,305,000 service pipelines; and 1,285,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems, and compression and surface facilities, as well as has ownership interests in interstate pipelines serving the Gulf Coast, Midwest, Ontario, and northeast markets. 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. It also owns and operates 5 renewable generating plants with a capacity of 217 MWs; 23 gas recovery sites; and 10 reduced emissions fuel facilities. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 02:15|
|End of Day Share Price||2020/06/03 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.