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In the latest session, DTE Energy Co (NYSE: DTE) closed at $117.04 down -3.73% from its previous closing price of $121.57. In other words, the price has decreased by -$3.73 from its previous closing price. On the day, 3.75 million shares were traded. DTE stock price reached its highest trading level at $123.17 during the session, while it also had its lowest trading level at $115.59.
Ratios:
For a deeper understanding of DTE Energy Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 1.78.
On August 14, 2024, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $131.
Guggenheim Downgraded its Buy to Neutral on January 22, 2024, while the target price for the stock was maintained at $111.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 05 ’24 when Lauer Trevor F sold 3,500 shares for $115.07 per share. The transaction valued at 402,738 led to the insider holds 59,475 shares of the business.
Muschong Lisa A. sold 1,198 shares of DTE for $139,701 on Jun 03 ’24. The VP, Corp Sec & Chief of Staff now owns 4,271 shares after completing the transaction at $116.61 per share. On May 15 ’24, another insider, Stiers Mark W, who serves as the Pres & COO-DTE Vantage & Trad. of the company, sold 10,000 shares for $116.00 each. As a result, the insider received 1,160,000 and left with 41,921 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DTE now has a Market Capitalization of 25177176064 and an Enterprise Value of 47007051776. As of this moment, DTE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.85, and their Forward P/E ratio for the next fiscal year is 16.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 3.786 whereas that against EBITDA is 13.633.
Stock Price History:
Over the past 52 weeks, DTE has reached a high of $131.66, while it has fallen to a 52-week low of $97.31. The 50-Day Moving Average of the stock is -6.78%, while the 200-Day Moving Average is calculated to be 1.18%.
Shares Statistics:
For the past three months, DTE has traded an average of 1.00M shares per day and 1074140 over the past ten days. A total of 207.10M shares are outstanding, with a floating share count of 206.41M. Insiders hold about 0.33% of the company’s shares, while institutions hold 77.69% stake in the company. Shares short for DTE as of 1728950400 were 2627856 with a Short Ratio of 2.62, compared to 1726185600 on 3099993. Therefore, it implies a Short% of Shares Outstanding of 2627856 and a Short% of Float of 1.6400000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for DTE is 4.08, from 4.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03356091The stock’s 5-year Average Dividend Yield is 3.33.
