How to Buy Dte Energy Co Stock
Dte Energy Co
Dte Energy Co is a regulated electric utility company located in Michigan, United States, which is part of the Utilities sector, and is traded under the ticker DTE on the NYSE exchange.
Dte Energy Co stock last closed at $131.78, down 1.33% from the previous day, and has increased 19.67% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.01 percentage points. Dte Energy Co stock is currently +21.57% from its 52-week low of $108.40, and -6.13% from its 52-week high of $140.39.
As of Apr 21, 2025, there are 207.24M DTE shares outstanding. The market capitalization of DTE is $27.31B. In the past 24 hours, 2.26M DTE shares were traded.
How to Buy Dte Energy Co Stock
Wondering how to invest in Dte Energy Co stock? Here's how.
- Choose where to buy Dte Energy Co stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Dte Energy Co stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your information.
- Analyze Dte Energy Co stock: The Dte Energy Co ticker symbol is DTE. Is Dte Energy Co stock a good investment? Should you buy shares of DTE? How do DTE's underlying business fundamentals look? Do top analysts think Dte Energy Co is a good buy? Why has DTE's stock price moved recently? (Hint: Our stock market research tools can help you decide if DTE is a good stock to buy).
- Make your DTE buy order: Decide if you will purchase DTE shares at the current market price or use a limit order to buy DTE shares at a specific price.
- Track your DTE position: Create a watchlist to keep tabs on your investment in Dte Energy Co shares.
Step 1: Choose where to buy Dte Energy Co stock
You will need a brokerage account to access the NYSE market and buy DTE stock.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Industrials, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you can invest in DTE stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring funds into your new investment account.
Step 4: Analyze Dte Energy Co stock
After you have identified the best place to buy Dte Energy Co stock, it's crucial to research their stock prior to buying, so you can understand the risk as well as the upside.
Dte Energy Co Metrics
Dte Energy Co Overview
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on DTE's stock page.
What is the fair value of DTE stock?
Analysts use many financial metrics, analyses, models, and charts to gauge DTE's fair value.
Using relative valuations metrics:
- DTE could be undervalued based on its P/E ratio of 19.44x, relative to Utilities - Regulated Electric industry P/E ratio of 20.27x
- DTE may be overvalued based on its P/B ratio of 2.33x, relative to Utilities - Regulated Electric industry P/B ratio of 1.89x
- DTE may be overvalued based on its PEG ratio of 2.7x
You can access additional valuation analysis on DTE's stock here.
A quick look at DTE Financials
Signs that DTE is financially healthy:
- DTE profit margin has gone up from 11% to 11.3% in the past year.
Signs that DTE is not financially healthy:
- DTE has $250.00M in cash and short term investments. This is not sufficient to cover its annual cash burn of $778.00M.
- DTE has cash burn of 778000000. It does not have enough cash and short-term investments to cover this.
- Total DTE debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the DTE balance sheet.
- There are more long-term liabilities than short-term assets on the DTE balance sheet.
- DTE has a relatively high debt to equity ratio of 3.18.
Is Dte Energy Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Equities analysts who monitor DTE, the consensus analyst rating on Dte Energy Co is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent DTE Analyst Upgrades/Downgrades
William Appicelli, a bottom 24% analyst from UBS upgrades DTE to a strong buy rating and raises their DTE price target from $129.00 to $143.00, on Dec 3, 2024.
Neil Kalton, a top 10% analyst from Wells Fargo maintains DTE with a strong buy rating and raises their DTE price target from $133.00 to $145.00, on Oct 25, 2024.
Wells Fargo's Neil Kalton raised their price target on Dte Energy Co (NYSE: DTE) by 9% from $133 to $145 on 2024/10/25. The analyst maintained their Strong Buy rating on the stock.
Kalton's price target hike followed an assessment of DTE Energy Co's Q3 2024 earnings report, released on 2024/10/24.
The analyst said they continue to expect management to maintain its 6% to 8% long-term EPS CAGR estimate, noting that the company's execution seems to be on the right track.
In addition, Kalton believes that the general rate cases involving electricity and gas will reach a "constructive" conclusion in the next months.
Earnings Report
For Q3 2024, Dte Energy Co reported:
- EPS of $2.22, which beat the Zacks Consensus Estimate of $1.87 and, by 54.2%, Q3 2023’s $1.44.
- Operating net income of $460M, up 54.4% Y/Y.
For FY 2024, management guided:
- EPS of $6.54 to $6.83.
Chairman & CEO Jerry Norcia commented: “In Q3 2024 alone, we started construction of three new solar energy parks.
“We are also building or energizing 10 new substations to power Michigan’s future.
“Our solid financial strength and constructive regulatory environment allow us to continue to invest above our generated cash flows for improved reliability and cleaner generation.”
Executive Vice President & CFO David Ruud added, “We are confident that we will achieve our financial targets in 2024 while making significant strides in our infrastructure investment plan to improve how we produce and deliver energy for our customers and communities.”
Sophie Karp, a top 22% analyst from KeyBanc maintains DTE with a strong buy rating and raises their DTE price target from $136.00 to $138.00, on Oct 22, 2024.
You can dive deeper into what analysts are projecting on the Dte Energy Co stock forecast page.
DTE Trading Indicators
How is DTE performing as a company?
Last year, DTE earnings were $1.40B. Over the last 5 year, DTE's earnings have increased by 1.42% per year. This was slower than the Utilities - Regulated Electric industry average of 3.11%.
Last year, DTE revenue was $12.46B. Over the past five year, DTE's revenue has grown by 0.47% per year. This was slower than the Utilities - Regulated Electric industry average of 3.48%.
Find out more about DTE's earnings and revenue performance here.
Latest Insiders Trades at DTE
In the last 12 months, insiders at DTE have sold more shares than they have bought.
Joann Chavez, Sr VP Chief Legal Officer of DTE, was the latest DTE insider to sell. They sold $935,008.80 worth of DTE stock on Feb 24, 2025.
Dig into more about who owns DTE stock here.
Can I rely on DTE as an income stream?
Dte Energy Co pays a dividend of 3.2%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3%. If you owned $1,000 worth of DTE stock, you would have been paid $32.02 in the past year.
Dte Energy Co dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Dte Energy Co dividend yield and history here.
What do other traders have to say about DTE?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your DTE buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Click the Open button and your broker will place your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Track your DTE position
Now that you own some DTE stock, you'll want to keep up with your stock purchase.
Add DTE to a watchlist to get notified of important updates regarding your DTE stock.
DTE Feed
How to Buy Stock in Dte Energy Co
To reiterate, here are the 6 steps to buy Dte Energy Co stock:
- Choose where to buy Dte Energy Co stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Dte Energy Co stock
- Make your DTE buy order
- Track your DTE position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Dte Energy Co, click the button below.
Other Stock Buying Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.