DTE Stock Overview
DTE Energy Company engages in the utility operations.
DTE Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$118.46|
|52 Week High||US$145.43|
|52 Week Low||US$108.22|
|1 Month Change||1.51%|
|3 Month Change||2.12%|
|1 Year Change||-2.83%|
|3 Year Change||3.79%|
|5 Year Change||22.00%|
|Change since IPO||239.62%|
Recent News & Updates
A Look At The Intrinsic Value Of DTE Energy Company (NYSE:DTE)
How far off is DTE Energy Company ( NYSE:DTE ) from its intrinsic value? Using the most recent financial data, we'll...
DTE Energy: Excellent Valuation And Growth But Leverage May Be A Concern
DTE Energy has a lot to offer a more conservative investor, particularly forward growth potential and a good valuation. The company is investing heavily into upgrading its infrastructure, including in renewables, which should provide it with a 6% CAGR going forward. The company may be overestimating the impact that electric vehicles will have on the demand for its electricity. The company has somewhat more leverage than its peers, which may increase its risks. The company has an attractive valuation relative to its peer group and a 3% dividend yield that is easily sustainable.
|DTE||US Integrated Utilities||US Market|
Return vs Industry: DTE underperformed the US Integrated Utilities industry which returned 12% over the past year.
Return vs Market: DTE underperformed the US Market which returned 6.6% over the past year.
|DTE Average Weekly Movement||2.2%|
|Integrated Utilities Industry Average Movement||2.5%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
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.
About the Company
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.
DTE Energy Fundamentals Summary
|DTE fundamental statistics|
Is DTE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DTE income statement (TTM)|
|Cost of Revenue||US$10.30b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.25|
|Net Profit Margin||7.19%|
How did DTE perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
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 ($118.46) is trading above our estimate of fair value ($108.88)
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 (22.5x) compared to the US Integrated Utilities industry average (22.8x).
PE vs Market: DTE is poor value based on its PE Ratio (22.5x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: DTE is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: DTE is overvalued based on its PB Ratio (2.7x) compared to the US Integrated Utilities industry average (2.2x).
How is DTE Energy forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DTE's forecast earnings growth (9.6% per year) is above the savings rate (2%).
Earnings vs Market: DTE's earnings (9.6% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: DTE's earnings are forecast to grow, but not significantly.
Revenue vs Market: DTE's revenue (1.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: DTE's revenue (1.5% 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 (9.2%).
How has DTE Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DTE has a large one-off loss of $427.0M impacting its September 30 2021 financial results.
Growing Profit Margin: DTE's current net profit margins (7.2%) are lower than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: DTE's earnings have grown by 5.6% 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 (-8.2%) over the past year, making it difficult to compare to the Integrated Utilities industry average (11.5%).
Return on Equity
High ROE: DTE's Return on Equity (11.9%) is considered low.
How is DTE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: DTE's short term assets ($3.5B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: DTE's short term assets ($3.5B) do not cover its long term liabilities ($27.4B).
Debt to Equity History and Analysis
Debt Level: DTE's net debt to equity ratio (204.3%) is considered high.
Reducing Debt: DTE's debt to equity ratio has increased from 108.3% to 205% over the past 5 years.
Debt Coverage: DTE's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: DTE's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is DTE Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DTE's dividend (3.28%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: DTE's dividend (3.28%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: DTE's dividend payments have been volatile in the past 10 years.
Growing Dividend: DTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.7%), DTE's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DTE's dividends in 3 years are forecast to be covered by earnings (60.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jerry Norcia (58 yo)
Mr. Gerardo Norcia, also known as Jerry, serves as Chief Executive Officer of DTE Energy Company since July 01, 2019, President since April 04, 2016 and as its Director since 2019. He has been Chief Execut...
CEO Compensation Analysis
Compensation vs Market: Jerry's total compensation ($USD10.61M) is about average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: Jerry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: DTE's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: DTE's board of directors are seasoned and experienced ( 11.6 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 not been meaningfully diluted in the past year.
DTE Energy Company's employee growth, exchange listings and data sources
- Name: DTE Energy Company
- Ticker: DTE
- Exchange: NYSE
- Founded: 1903
- Industry: Multi-Utilities
- Sector: Utilities
- Implied Market Cap: US$22.949b
- Shares outstanding: 193.73m
- Website: https://newlook.dteenergy.com
Number of Employees
- DTE Energy Company
- One Energy Plaza
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:36|
|End of Day Share Price||2022/01/21 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.