Dte Energy Co is a regulated electric utility company located in Michigan, United States, which is part of the Utilities sector, and is traded under the ticker DTE on the NYSE exchange.
Dte Energy Co stock last closed at $112.76, down 1.7% from the previous day, and has decreased 6.08% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.04 percentage points. Dte Energy Co stock is currently +12.04% from its 52-week low of $100.64, and -19.59% from its 52-week high of $140.23.
As of Feb 3, 2023, there are 193.74M DTE shares outstanding. The market capitalization of DTE is $21.85B. In the past 24 hours, 1.42M DTE shares were traded.
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After you have identified the best place to buy Dte Energy Co stock, it's crucial to research their stock prior to buying, so you can understand the risk as well as the upside.
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You can see all of the due diligence checks on DTE's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge DTE's fair value.
Using relative valuations metrics:
You can access additional valuation analysis on DTE's stock here.
Out of 9 Equities analysts who monitor DTE, the consensus analyst rating on Dte Energy Co is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Neil Kalton, a top 10% analyst from Wells Fargo maintains DTE with a strong buy rating and lowers their DTE price target from $138.00 to $133.00, on Feb 1, 2023.
Stephen Byrd, a top 4% analyst from Morgan Stanley maintains DTE with a strong buy rating and lowers their DTE price target from $131.00 to $130.00, on Jan 30, 2023.
Steve Fleishman, a top 22% analyst from Wolfe Research upgrades DTE to a buy rating and announces their DTE price target of $125.00, on Dec 8, 2022.
James Thalacker, a bottom 17% analyst from BMO Capital maintains DTE with a hold rating and raises their DTE price target from $117.00 to $125.00, on Nov 22, 2022.
Anthony Crowdell, a top 29% analyst from Mizuho maintains DTE with a strong buy rating and raises their DTE price target from $115.00 to $122.00, on Nov 21, 2022.
You can dive deeper into what analysts are projecting on the Dte Energy Co stock forecast page.
Last year, DTE earnings were $1.12B. Over the last 5 year, DTE's earnings have increased by 1.18% per year. This was slower than the Utilities - Regulated Electric industry average of 5.06%.
Last year, DTE revenue was $19.40B. Over the past five year, DTE's revenue has grown by 9.7% per year. This was faster than the Utilities - Regulated Electric industry average of 4.34%.
Find out more about DTE's earnings and revenue performance here.
In the last 12 months, insiders at DTE have sold more shares than they have bought.
Joann Chavez, Sr VP Chief Legal Officer of DTE, was the latest DTE insider to sell. They sold $116.19 worth of DTE stock on Feb 1, 2023.
Dig into more about who owns DTE stock here.
Dte Energy Co pays a dividend of 3.2%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.61%. If you owned $1,000 worth of DTE stock, you would have been paid $31.99 in the past year.
Dte Energy Co dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Dte Energy Co dividend yield and history here.
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