Future-Focused Outlook | Analyst targets range from $112 to $135, reflecting cautious optimism as DTE prepares its next five-year Integrated Resource Plan |
Strategic Diversification | Delve into DTE's balanced portfolio, from core utilities to emerging ventures in renewable natural gas and data center energy solutions |
Financial Resilience | DTE's robust Q2 2024 results and long-term EPS growth projections of 6-8% showcase its financial strength amid a changing energy landscape |
Regulatory Tightrope | Explore DTE Energy's navigation of complex regulatory challenges, including pending rate cases and performance-based frameworks crucial for growth |
DTE Energy Company engages in the utility operations. The company’s Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company’s Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. 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 air 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 1849 and is based in Detroit, Michigan.
Metrics to compare | DTE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipDTEPeersSector | |
---|---|---|---|---|
P/E Ratio | 18.7x | 0.0x | 12.1x | |
PEG Ratio | 4.35 | 0.00 | 0.02 | |
Price / Book | 2.3x | 0.0x | 1.3x | |
Price / LTM Sales | 2.1x | 0.0x | 1.6x | |
Upside (Analyst Target) | 7.1% | 0.0% | 13.6% | |
Fair Value Upside | Unlock | 0.0% | 1.4% | Unlock |