DTE Energy Company is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $2.01.
DTE Energy Company is currently priced at $148.03, showing a price increase of $1.53 (1.04%) from the previous close of $146.5. The trading volume is at $153,568, representing a 11.3% increase compared to the average.
The company reported its latest quarterly earnings on Monday, February 16th, with a consensus estimate EPS of $1.54. The earnings date is a crucial factor to consider.
DTE Energy Company offers a forward dividend yield of 3.15%, with a dividend per share MRQ of $1.17 and a TTM of $4.51. This reflects the company's commitment to rewarding its investors.
Bank of America Securities recently upgraded DTE Energy Company's grade from Buy to Hold on April 22, with the price at $143.57 when published.
The company's cash flow indicates a net change in cash of $171 million, with operating cash flow at $1 billion and debt repayment of $-980 million.
DTE Energy Company reported a net income of $372 million and earnings per share of $1.8. The revenue stood at $4.24 billion, showing a gross profit of $709 million.
Key ratios show a net profit margin of 8.77%, return on equity of 3.02%, and a price-earnings ratio of 17.94, reflecting the company's financial performance.
With total assets of $54 billion and total liabilities of $41.76 billion, DTE Energy Company maintains a strong financial position.
This real-time financial report provides insights into DTE Energy Company's performance, earnings, dividends, and financial health. Investors can use this information to make informed decisions.
DTE Energy Company engages in the utility operations. 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 fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. 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 1903 and is headquartered in Detroit, Michigan.