DTE stock forecast: what analysts expect
Wall Street analysts covering DTE Energy Company currently rate the stock a Buy on average, with a mean 12-month price target of $160.03 — +15.4% versus the last price of $138.68. Targets reflect analyst opinion, not a guarantee.
DTE historical returns
Based on monthly dividend-adjusted prices. See the full breakdown on what if you had invested in DTE.
DTE annual returns by year
Congress trading in DTE
3 members of Congress have disclosed trading DTE — 2 purchases and 3 sales worth an estimated $71,501. Most recent disclosure: Sep 26, 2023.
About DTE Energy Company
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. 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 1849 and is based in Detroit, Michigan.
DTE Key Statistics
DTE in plain English
- P/E ratio (21.8) — how many dollars you pay for each $1 of DTE's yearly profit. That's a fairly normal range.
- ROE (11.03%) — how efficiently the company turns shareholders' money into profit. This is a middling level.
- Profit margin (8.00%) — of every $1 in sales, this is what's left as profit after all costs.
- Dividend yield (3.39%) — the cash payout you'd earn per year as a % of the share price, on top of any price gains.
DTE stock: frequently asked questions
What is DTE Energy Company's stock price today?
DTE Energy Company (DTE) last traded at $138.68 on the NYSE. Over the past 52 weeks the stock has traded between $126.23 and $155.75.
Is DTE stock a buy or a sell?
Wall Street analysts' consensus rating on DTE is "Buy", with an average 12-month price target of $160.03 — about +15.4% versus the current price of $138.68. Analyst targets are opinions, not guarantees; always do your own research.
How much would $1,000 invested in DTE 10 years ago be worth today?
A $1,000 investment in DTE Energy Company made 10 years ago would be worth about $2,441 today (dividends reinvested) — a total return of 144%, or 9.3% per year.
Does DTE pay a dividend?
Yes. DTE Energy Company currently pays a dividend yielding about 3.39% per year at today's share price.
What is DTE's P/E ratio?
DTE trades at a trailing price-to-earnings ratio of 21.8, and 16.6 times expected forward earnings. The P/E ratio tells you how many dollars investors pay for each $1 of the company's annual profit.
Do members of Congress trade DTE stock?
Yes — 3 members of Congress have disclosed trades in DTE under the STOCK Act, totaling 2 purchases and 3 sales worth an estimated $71,501.
What is DTE Energy Company's ticker symbol?
DTE Energy Company trades under the ticker symbol DTE on the NYSE.
Compare DTE with peers
Data last refreshed from public sources. Figures may be delayed. Not investment advice.