DTE Stock Analysis: DTE Energy | NYSE

Electricity, Natural Gas, Industrial Services, Energy Trading

Total Rating 31

Safety 51

Buy Signal -0.90

Utilities - Regulated Electric
Industry Rotation: +7.5

Market Cap: 26.2B
Avg Turnover: 204M

Risk 3d forecast

Volatility18.2%

VaR 5^th Pctl3.33%

VaR vs Median11.1%

Reward TTM

Sharpe Ratio-0.69

Rel. Str. IBD13.2

Rel. Str. Peer Group17.5

Character TTM

Beta-0.043

Beta Downside0.143

Hurst Exponent0.489

Drawdowns 3y

Max DD20.81%

CAGR/Max DD0.52

CAGR/Mean DD2.92

EPS (Earnings per Share)

EPS CAGR: 11.47%
EPS Trend: 82.2%

Last SUE: 1.33
Qual. Beats: 1

Revenue

Rev. CAGR: 10.47%
Rev. Trend: 82.3%

Last SUE: 0.01
Qual. Beats: 0

Warnings

High Debt While Negative Cash Flow

Altman Z'' In Financial Distress Zone

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -0.8% 20

Feb -0.2% 5

Mar +1.7% 23

Apr -0.1% 7

May -0.8% 8

Jun -0.5% 8

Jul +3.2% 25

Aug +0.1% 2

Sep -2.8% 30

Oct -1.0% 6

Nov +0.6% 2

Dec -1.7% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DTE DTE Energy

DTE Energy Company is a U.S.-based multi-utility headquartered in Detroit, Michigan, founded in 1849. It operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading. As a multi-utility, DTE earns a significant portion of its revenue from rate-regulated activities, which generally provide stable, predictable cash flows tied to authorized returns on capital investment.

The Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million customers in southeastern Michigan, using a mix of coal, natural gas, hydroelectric pumped storage, nuclear, wind, and solar assets. The segment operates an extensive distribution network of substations and line transformers.

The Gas segment purchases, stores, transports, distributes, and sells natural gas to roughly 1.4 million customers across Michigan, operating a large footprint of distribution mains, service pipelines, and active meters, along with transmission pipeline assets. Storage and transportation capacity sales supplement its retail distribution business.

The DTE Vantage segment provides non-regulated energy-related products and services, including metallurgical and petroleum coke for steelmakers, power and steam generation, chilled water, wastewater treatment, and compressed air for industrial customers, as well as renewable generation and gas recovery operations. The Energy Trading segment handles power, natural gas, and environmental products trading, structured transactions, and optimization of contracted pipeline and storage positions. Together, these non-regulated businesses diversify DTEs earnings beyond its core regulated utility operations.

Headlines to Watch Out For

Michigan rate cases boost electric segment earnings growth
Clean energy capex expands rate base through decade
Natural gas distribution margins rise on infrastructure modernization

Piotroski VR-10 (Strict) 4.0

Net Income: 1.32b TTM > 0 and > 6% of Revenue
FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.15 > 1.0
NWC/Revenue: -8.00% < 20% (prev -1.69%; Δ -6.31% < -1%)
CFO/TA 0.06 > 3% & CFO 3.38b > Net Income 1.32b
Net Debt (28.0b) to EBITDA (4.26b): 6.57 < 3
Current Ratio: 0.76 > 1.5 & < 3
Outstanding Shares: last quarter (208.0m) vs 12m ago 0.48% < -2%
Gross Margin: 36.75% > 18% (prev 31.28%; Δ 5.47% > 0.5%)
Asset Turnover: 30.51% > 50% (prev 28.26%; Δ 2.25% > 0%)
Interest Coverage Ratio: 2.03 > 6 (EBIT TTM 2.32b / Interest Expense TTM 1.14b)

Altman Z'' 0.74

A: -0.02 (Total Current Assets 4.05b - Total Current Liabilities 5.35b) / Total Assets 56.2b
B: 0.09 (Retained Earnings 5.28b / Total Assets 56.2b)
C: 0.04 (EBIT TTM 2.32b / Avg Total Assets 53.2b)
D: 0.28 (Book Value of Equity 12.1b / Total Liabilities 44.1b)
Altman-Z'' = 0.74 = B

Beneish M -3.10

DSRI: 0.97 (Receivables 1.95b/1.76b, Revenue 16.2b/14.2b)
GMI: 0.85 (GM 31.28% / 36.75%)
AQI: 0.97 (AQ_t 0.29 / AQ_t-1 0.30)
SGI: 1.14 (Revenue 16.2b / 14.2b)
TATA: -0.04 (NI 1.32b - CFO 3.38b) / TA 56.2b)
Beneish M = -3.10 (Cap -4..+1) = AA

What is the price of DTE shares?

As of September 27, 2026, the stock is trading at USD 121.44 with a total of 1,920,487 shares traded. Over the past week, the price has changed by -4.64%, over one month by -9.98%, over three months by -19.80% and over the past year by -8.74%.

Current recommended Stop Loss: 117.90 (which is 2.9% or 1.5 ATR below the current price).

Is DTE a buy, sell or hold?

DTE Energy has received a consensus analysts rating of 4.18. Therefore, it is recommended to buy DTE.

StrongBuy: 9
Buy: 2
Hold: 6
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DTE price?

Analysts Target Price	156.4	28.8%

DTE Energy (DTE) - Fundamental Data Overview as of 23 September 2026

Market Cap USD = 26.2b (26.2b USD * 1.0 USD.USD)
P/E Trailing = 19.9573
P/E Forward = 15.361
P/S = 1.5941
P/B = 2.2013
P/EG = 1.6511
Revenue TTM = 16.2b USD
EBIT TTM = 2.32b USD
EBITDA TTM = 4.26b USD
Long Term Debt = 23.8b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.96b USD (from shortTermDebt, last quarter)
Debt = 28.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 272.0m
Net Debt = 28.0b USD (calculated: Debt 28.1b - CCE 84.0m)
Enterprise Value = 54.3b USD (26.2b + Debt 28.1b - CCE 84.0m)
Interest Coverage Ratio = 2.03 (Ebit TTM 2.32b / Interest Expense TTM 1.14b)
EV/FCF = -28.12x (Enterprise Value 54.3b / FCF TTM -1.93b)
FCF Yield = -3.56% (FCF TTM -1.93b / Enterprise Value 54.3b)
FCF Margin = -11.88% (FCF TTM -1.93b / Revenue TTM 16.2b)
Net Margin = 8.12% (Net Income TTM 1.32b / Revenue TTM 16.2b)
Gross Margin = 36.75% ((Revenue TTM 16.2b - Cost of Revenue TTM 10.3b) / Revenue TTM)
Gross Margin QoQ = 16.10% (prev 34.60%)
Tobins Q-Ratio = 0.97 (Enterprise Value 54.3b / Total Assets 56.2b)
Interest Expense / Debt = 4.07% (Interest Expense 1.14b / Debt 28.1b)
Taxrate = 0.45% (6.00m / 1.32b)
NOPAT = 2.31b (EBIT 2.32b * (1 - 0.45%))
Current Ratio = 0.76 (Total Current Assets 4.05b / Total Current Liabilities 5.35b)
Debt / Equity = 2.31 (Debt 28.1b / totalStockholderEquity, last quarter 12.1b)
Debt / EBITDA = 6.57 (Net Debt 28.0b / EBITDA 4.26b)
Debt / FCF = -14.52 (negative FCF - burning cash) (Net Debt 28.0b / FCF TTM -1.93b)
Total Stockholder Equity = 12.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.48% (Net Income 1.32b / Total Assets 56.2b)
RoE = 10.78% (Net Income TTM 1.32b / Total Stockholder Equity 12.2b)
RoCE = 6.45% (EBIT 2.32b / Capital Employed (Equity 12.2b + L.T.Debt 23.8b))
RoIC = 4.38% (NOPAT 2.31b / Invested Capital 52.8b)
WACC = 4.91% (E(26.2b)/V(54.4b) * Re(5.83%) + D(28.1b)/V(54.4b) * Rd(4.07%) * (1-Tc(0.00)))
Discount Rate = 5.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.30 | Cagr: 0.21%
[DCF] Fair Price = unknown (Cash Flow -1.93b)
EPS Correlation: 82.20 | EPS CAGR: 11.47% | SUE: 1.33 | # QB: 1
Revenue Correlation: 82.29 | Revenue CAGR: 10.47% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.40 | Chg30d=+0.00% | Revisions=+0% | Analysts=9
EPS current Year (2026-12-31): EPS=7.71 | Chg30d=+0.00% | Revisions=-44% | GrowthEPS=+4.7% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=8.36 | Chg30d=-0.02% | Revisions=-8% | GrowthEPS=+8.5% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: -21% (up=8, down=13)