NYSE:DTE

Stock Analysis Report

Executive Summary

DTE Energy Company engages in the utility operations.

Snowflake

Fundamentals

Established dividend payer with questionable track record.


Similar Companies

Share Price & News

How has DTE Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

NYSE:DTE

1.1%

US Integrated Utilities

2.1%

US Market


1 Year Return

16.9%

NYSE:DTE

14.9%

US Integrated Utilities

-0.04%

US Market

DTE outperformed the Integrated Utilities industry which returned 15% over the past year.

DTE outperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

DTEIndustryMarket
7 Day1.2%1.1%2.1%
30 Day1.6%1.9%-3.2%
90 Day1.1%2.2%2.8%
1 Year20.5%16.9%19.0%14.9%2.2%-0.04%
3 Year50.7%36.9%36.9%23.2%41.5%32.3%
5 Year97.4%67.2%70.9%37.6%55.0%37.8%

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

Valuation

Is DTE Energy undervalued based on future cash flows and its price relative to the stock market?

21.49x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

DTE Energy's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

DTE Energy's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

DTE Energy is overvalued based on earnings compared to the US Integrated Utilities industry average.

DTE Energy is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

DTE Energy is poor value based on expected growth next year.


Price Based on Value of Assets

DTE Energy is overvalued based on assets compared to the US Integrated Utilities industry average.


Next Steps

Future Growth

How is DTE Energy expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

DTE Energy's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).

DTE Energy's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).

DTE Energy's revenue growth is positive but not above the United States of America market average.

DTE Energy's earnings growth is positive but not above the United States of America market average.

DTE Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

DTE Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has DTE Energy performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

DTE Energy's year on year earnings growth rate has been positive over the past 5 years.

DTE Energy's 1-year earnings growth is negative, it can't be compared to the 5-year average.

DTE Energy's 1-year earnings growth is negative, it can't be compared to the US Integrated Utilities industry average.


Return on Equity

DTE Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

DTE Energy used its assets more efficiently than the US Integrated Utilities industry average last year based on Return on Assets.


Return on Capital Employed

DTE Energy's use of capital has not improved over the past 3 years (Return on Capital Employed).


Next Steps

Financial Health

How is DTE Energy's financial position?


Financial Position Analysis

DTE Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

DTE Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

DTE Energy's level of debt (142.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (106.4% vs 142.5% today).

Debt is not well covered by operating cash flow (17.4%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

What is DTE Energy's current dividend yield, its reliability and sustainability?

3.17%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase DTE Energy before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

DTE Energy's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

DTE Energy's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

What is the CEO of DTE Energy's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Jerry Norcia (56yo)

0.2yrs

Tenure

US$5,476,877

Compensation

Mr. Gerardo Norcia, also known as Jerry, serves as President & Chief Executive Officer of DTE Energy at DTE Electric Company since July 2019. He serves as President and Chief Executive Officer of Dte Energ ...


CEO Compensation Analysis

Jerry's remuneration is lower than average for companies of similar size in United States of America.

Jerry's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.3yrs

Average Tenure

56yo

Average Age

The tenure for the DTE Energy management team is about average.


Board Age and Tenure

9.2yrs

Average Tenure

66.5yo

Average Age

The tenure for the DTE Energy board of directors is about average.


Insider Trading

DTE Energy individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$30,56828 May 19
Lisa Muschong
EntityIndividual
Shares237.22
Max PriceUS$128.86
SellUS$1,278,40023 May 19
Mark Stiers
EntityIndividual
Shares10,000
Max PriceUS$127.84
BuyUS$248,54009 May 19
Ruth Shaw
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares2,000
Max PriceUS$124.27
SellUS$187,87506 May 19
Peter Oleksiak
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares1,500
Max PriceUS$125.25
SellUS$208,14825 Feb 19
Trevor Lauer
EntityIndividual
Role
Unit President
President & COO of DTE Electric Company
Shares1,700
Max PriceUS$122.44
SellUS$313,40220 Feb 19
Lisa Muschong
EntityIndividual
Shares2,616
Max PriceUS$119.88
SellUS$502,80020 Nov 18
Jeffrey Jewell
EntityIndividual
Shares4,190
Max PriceUS$120.00
SellUS$219,54019 Nov 18
Peter Oleksiak
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares1,850
Max PriceUS$118.67

Ownership Breakdown


Management Team

  • Dave Meador (62yo)

    Vice Chairman & Chief Administrative Officer

    • Tenure: 5.6yrs
    • Compensation: US$3.42m
  • Gerry Anderson (60yo)

    Executive Chairman & Advisor To CEO

    • Tenure: 7.9yrs
    • Compensation: US$10.99m
  • Trevor Lauer (55yo)

    President & COO of DTE Electric Company

    • Tenure: 3.3yrs
    • Compensation: US$2.40m
  • Peter Oleksiak (53yo)

    Senior VP & CFO

    • Tenure: 5.6yrs
    • Compensation: US$3.57m
  • Jerry Norcia (56yo)

    President

    • Tenure: 0.2yrs
    • Compensation: US$5.48m
  • Bruce Peterson (62yo)

    Senior VP & General Counsel

    • Tenure: 17.2yrs
    • Compensation: US$2.12m
  • Steve Ambrose

    Chief Information Officer and Vice President

    • Tenure: 8.2yrs
  • Mark Rolling (51yo)

    Vice President

    • Tenure: 0.4yrs
  • Angela Buk

    Chief Investment Officer

    • Tenure: 2.9yrs
  • Barbara Tuckfield

    Director - Investor Relations

    • Tenure: 0.0yrs

Board Members

  • James Vandenberghe (69yo)

    Director

    • Tenure: 13.2yrs
    • Compensation: US$270.31k
  • Dave Brandon (67yo)

    Director

    • Tenure: 9.2yrs
    • Compensation: US$270.31k
  • Gerry Anderson (60yo)

    Executive Chairman & Advisor To CEO

    • Tenure: 7.9yrs
    • Compensation: US$10.99m
  • Ruth Shaw (71yo)

    Lead Independent Director

    • Tenure: 0.3yrs
    • Compensation: US$267.24k
  • W. Fountain (75yo)

    Director

    • Tenure: 12.2yrs
    • Compensation: US$265.49k
  • Faye Nelson (66yo)

    Vice President

    • Tenure: 0.0yrs
  • Gail McGovern (67yo)

    Independent Director

    • Tenure: 16.2yrs
    • Compensation: US$255.31k
  • Mark Murray (64yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$262.66k
  • Jerry Norcia (56yo)

    President

    • Tenure: 0.2yrs
    • Compensation: US$5.48m
  • Valerie Williams (62yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$175.44k

Company Information

DTE Energy Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DTE Energy Company
  • Ticker: DTE
  • Exchange: NYSE
  • Founded: 1903
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: US$23.875b
  • Shares outstanding: 183.30m
  • Website: https://newlook.dteenergy.com

Number of Employees


Location

  • DTE Energy Company
  • One Energy Plaza
  • Detroit
  • Michigan
  • 48226
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DTENYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1996
DGYDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1996
0I6QLSE (London Stock Exchange)YesCommon StockGBUSDJan 1996
DTYNYSE (New York Stock Exchange)JR SUB DB 2016 FUSUSDDec 2016

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:35
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.