DTE Energy Stock Movement Summary DTE Energy (NYSE: DTE) rose as part of a broader utilities sector rally, with defensive sectors leading the market. The stock movement coincided with the company's earnings announcement on February 13, 2025. Key Facts: - DTE reported quarterly EPS of $1.97, beating analyst expectations of $1.44 by 36.89% - The company declared a quarterly dividend of $1.165 per share (annualized $4.66, 3.3% yield) - Analysts issued a "Moderate Buy" consensus recommendation with an average one-year price target of $147.69 - Market capitalization stands at approximately $29 billion with 76% institutional ownership - The stock trades at a PE ratio of 16.83 (TTM) with a beta of 0.68 DTE operates as a regulated utility company providing electric and natural gas services primarily in Michigan.
Read full analysisDTE Energy Stock Movement Summary DTE Energy (NYSE: DTE) rose as part of a broader utilities sector rally, with defensive sectors leading the market. The stock movement coincided with the company's earnings announcement on February 13, 2025. Key Facts: - DTE reported quarterly EPS of $1.97, beating analyst expectations of $1.44 by 36.89% - The company declared a quarterly dividend of $1.165 per share (annualized $4.66, 3.3% yield) - Analysts issued a "Moderate Buy" consensus recommendation with an average one-year price target of $147.69 - Market capitalization stands at approximately $29 billion with 76% institutional ownership - The stock trades at a PE ratio of 16.83 (TTM) with a beta of 0.68 DTE operates as a regulated utility company providing electric and natural gas services primarily in Michigan.
DTE Energy is a Detroit-based regulated utility serving southeastern Michigan, generating and distributing electricity and natural gas to residential, commercial, and industrial customers. The company also operates energy trading and industrial energy services segments. As a regulated utility with a 0.68 beta, DTE is a classic defensive holding that benefits from the kind of risk-off sector rotation driving today's broad utilities rally.