Is DTE Energy Stock a Good Investment?
DTE Energy Investment Advice | DTW |
- Examine DTE Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research DTE Energy's leadership team and their track record. Good management can help DTE Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electric Utilities space and any emerging trends that could impact DTE Energy's business and its evolving consumer preferences.
- Compare DTE Energy's performance and market position to its competitors. Analyze how DTE Energy is positioned in terms of product offerings, innovation, and market share.
- Check if DTE Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about DTE Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in DTE Energy Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if DTE Energy Co is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine DTE Energy Stock
Researching DTE Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company last dividend was issued on the 3rd of September 2024. DTE Energy had a split on the 2nd of April 2009.
To determine if DTE Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding DTE Energy's research are outlined below:
| DTE Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| DTE Energy has a strong financial position based on the latest SEC filings | |
| On 3rd of September 2024 DTE Energy paid $ 0.3281 per share dividend to its current shareholders | |
| Latest headline from news.google.com: DTE Energy stock hits 52-week high at 126.78 amid robust growth - Investing.com Canada |
DTE Energy Quarterly Good Will |
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DTE Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.45 B.Market Cap |
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DTE Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.13 | 0.13 |
Determining DTE Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if DTE Energy is a good buy. For example, gross profit margin measures DTE Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of DTE Energy's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in DTE Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of DTE Energy Co. Check DTE Energy's Beneish M Score to see the likelihood of DTE Energy's management manipulating its earnings.
Evaluate DTE Energy's management efficiency
At this time, DTE Energy's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, DTE Energy's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 43.3 B in 2024, whereas Total Current Assets are likely to drop slightly above 3.2 B in 2024. DTE Energy's management efficiency ratios could be used to measure how well DTE Energy manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 53.67 | 56.35 | |
| Tangible Book Value Per Share | 43.23 | 45.39 | |
| Enterprise Value Over EBITDA | 7.33 | 7.70 | |
| Price Book Value Ratio | 0.46 | 0.33 | |
| Enterprise Value Multiple | 7.33 | 7.70 | |
| Price Fair Value | 0.46 | 0.33 | |
| Enterprise Value | 12.1 B | 8.3 B |
The analysis of DTE Energy's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze DTE Energy's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of DTE Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.1382 | Forward Dividend Yield 0.0636 |
Basic technical analysis of DTE Stock
As of the 20th of September, DTE Energy shows the Mean Deviation of 0.4319, downside deviation of 0.6912, and Coefficient Of Variation of 581.61. DTE Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm DTE Energy market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if DTE Energy is priced adequately, providing market reflects its regular price of 24.71 per share. Given that DTE Energy has jensen alpha of 0.0774, we urge you to verify DTE Energy Co's prevailing market performance to make sure the company can sustain itself in the future.DTE Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific DTE Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on DTE Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases DTE Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
JoAnn Chavez over a month ago Disposition of tradable shares by JoAnn Chavez of DTE Energy at 116.19 subject to Rule 16b-3 | ||
Trevor Lauer over a month ago Disposition of 1134 shares by Trevor Lauer of DTE Energy at 113.59 subject to Rule 16b-3 | ||
Joi Harris over a month ago Disposition of 407 shares by Joi Harris of DTE Energy at 113.59 subject to Rule 16b-3 | ||
Trevor Lauer over three months ago Disposition of 7119 shares by Trevor Lauer of DTE Energy at 116.19 subject to Rule 16b-3 |
DTE Energy's Outstanding Corporate Bonds
DTE Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. DTE Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most DTE bonds can be classified according to their maturity, which is the date when DTE Energy Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| DTE ENERGY PANY Corp BondUS233331BG16 | View | |
| US233331BF33 Corp BondUS233331BF33 | View | |
| US23331ABM09 Corp BondUS23331ABM09 | View | |
| US23331ABN81 Corp BondUS23331ABN81 | View | |
| DHI 13 15 OCT 26 Corp BondUS23331ABQ13 | View | |
| US233331BC02 Corp BondUS233331BC02 | View | |
| US23331ABP30 Corp BondUS23331ABP30 | View | |
| DTE 422 01 NOV 24 Corp BondUS233331BD84 | View |
Understand DTE Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing DTE Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1356 | |||
| Market Risk Adjusted Performance | 0.7013 | |||
| Mean Deviation | 0.4319 | |||
| Semi Deviation | 0.4943 | |||
| Downside Deviation | 0.6912 | |||
| Coefficient Of Variation | 581.61 | |||
| Standard Deviation | 0.5985 | |||
| Variance | 0.3582 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0774 | |||
| Total Risk Alpha | 0.0078 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.6913 | |||
| Maximum Drawdown | 4.39 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.7867 | |||
| Downside Variance | 0.4778 | |||
| Semi Variance | 0.2443 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.70) | |||
| Kurtosis | 4.66 |
| Risk Adjusted Performance | 0.1356 | |||
| Market Risk Adjusted Performance | 0.7013 | |||
| Mean Deviation | 0.4319 | |||
| Semi Deviation | 0.4943 | |||
| Downside Deviation | 0.6912 | |||
| Coefficient Of Variation | 581.61 | |||
| Standard Deviation | 0.5985 | |||
| Variance | 0.3582 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0774 | |||
| Total Risk Alpha | 0.0078 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.6913 | |||
| Maximum Drawdown | 4.39 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.7867 | |||
| Downside Variance | 0.4778 | |||
| Semi Variance | 0.2443 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.70) | |||
| Kurtosis | 4.66 |
Consider DTE Energy's intraday indicators
DTE Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of DTE Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 84.45 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.76 | |||
| Day Typical Price | 24.74 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.08) |
DTE Energy Corporate Filings
8K | 4th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 30th of July 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
| 29th of July 2024 Other Reports | ViewVerify | |
F4 | 2nd of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
DTE Stock media impact
Far too much social signal, news, headlines, and media speculation about DTE Energy that are available to investors today. That information is available publicly through DTE media outlets and privately through word of mouth or via DTE internal channels. However, regardless of the origin, that massive amount of DTE data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of DTE Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of DTE Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to DTE Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive DTE Energy alpha.
DTE Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards DTE Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
DTE Energy Corporate Directors
| James Vandenberghe | Independent Director | Profile | |
| Robert Skaggs | Independent Director | Profile | |
| David Brandon | Independent Director | Profile | |
| Mark Murray | Independent Director | Profile |
Additional Tools for DTE Stock Analysis
When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.