Stock events for DTE Energy Co. (DTE)
Over the past six months, DTE Energy's stock price has increased, reaching $134.73 as of July 17, 2025, a 15.47% increase from the previous year. Recent analyst sentiment is positive, with firms like Evercore ISI and Wells Fargo & Company raising their target prices. DTE Energy announced a quarterly dividend of $1.09, payable on October 15th, and is scheduled to release its second-quarter 2025 earnings on July 29, 2025.
Demand Seasonality affecting DTE Energy Co.’s stock price
Demand for DTE Energy's products and services exhibits clear seasonality, driven by weather patterns and economic activity. Electricity demand peaks in the summer due to air conditioning use, while natural gas demand peaks in the winter for heating. DTE manages these fluctuations by ensuring operational readiness and utilizing storage facilities. The company also monitors and responds to "Peak Energy Events" by encouraging customers to reduce energy consumption.
Overview of DTE Energy Co.’s business
DTE Energy Co. is a diversified energy company based in Detroit, Michigan, operating in the United States and Canada. It functions primarily as a regulated utility, focusing on electricity and natural gas. DTE Electric Company serves 2.3 million customers in Southeast Michigan, utilizing a diverse power generation portfolio including nuclear, natural gas, coal, and renewables. DTE Gas Company delivers natural gas to 1.3 million customers throughout Michigan, managing seasonal demand with extensive storage facilities. Additionally, DTE has non-utility businesses like DTE Vantage and DTE Energy Trading, concentrating on energy marketing, industrial projects, renewable natural gas, and other energy-related ventures.
DTE’s Geographic footprint
DTE Energy's primary geographic footprint is concentrated in Michigan, with 98.6% of its assets located within the state. Its electric utility services cover Southeast Michigan, while its natural gas utility serves customers across Michigan. Although its core operations are heavily reliant on Michigan, DTE Energy is involved in the development and management of energy-related businesses and services nationwide and in Canada through its non-utility operations.
DTE Corporate Image Assessment
DTE Energy's brand reputation has faced challenges due to power outages and customer service issues. The company's Net Promoter Score (NPS) is -31, indicating customer dissatisfaction. Events such as the 2023 ice storm, budget cuts affecting reliability, customer shutoffs, rate increases, and environmental concerns have negatively impacted its reputation. However, DTE Energy has been recognized for its commitment to supporting diverse businesses, receiving the 2021 Corporation of the Year award from the NMSDC.
Ownership
Institutional investors heavily dominate DTE Energy's stock, holding approximately 78% to 79% ownership. Major institutional owners include Vanguard Group Inc., Capital Research Global Investors, and BlackRock, Inc. Individual investors hold a smaller stake, around 21% to 22% of the company, while insider ownership is less than 1%.
Ask Our Expert AI Analyst
Price Chart
$138.41
Top Shareholders
Sentiment for DTE
Loading...
Loading...
Loading...