News stories about DTE Energy (NYSE:DTE) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. DTE Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.4633141189139 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Several research firms have issued reports on DTE. KeyCorp restated a “buy” rating and set a $113.00 price target on shares of DTE Energy in a report on Sunday, August 27th. Jefferies Group restated a “buy” rating and set a $121.00 price target on shares of DTE Energy in a report on Tuesday, August 29th. Bank of America began coverage on shares of DTE Energy in a report on Tuesday, October 24th. They set an “underperform” rating and a $112.00 price target for the company. Finally, Credit Suisse Group lowered their price target on shares of DTE Energy from $113.00 to $112.00 and set a “neutral” rating for the company in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $112.19.

Shares of DTE Energy (NYSE:DTE) traded up $0.47 during mid-day trading on Monday, hitting $108.72. 693,000 shares of the stock traded hands, compared to its average volume of 880,940. The firm has a market cap of $19,500.00, a P/E ratio of 19.88, a price-to-earnings-growth ratio of 3.26 and a beta of 0.23. DTE Energy has a one year low of $96.56 and a one year high of $116.74. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 1.20.

DTE Energy (NYSE:DTE) last announced its quarterly earnings data on Wednesday, October 25th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). The company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $2.80 billion. DTE Energy had a return on equity of 9.56% and a net margin of 8.01%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business earned $1.96 EPS. equities analysts expect that DTE Energy will post 5.54 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Monday, December 18th will be given a dividend of $0.8825 per share. This is an increase from DTE Energy’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, December 15th. This represents a $3.53 annualized dividend and a dividend yield of 3.25%. DTE Energy’s dividend payout ratio (DPR) is 64.53%.

In other news, Chairman Gerard M. Anderson sold 12,389 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $112.93, for a total transaction of $1,399,089.77. Following the completion of the sale, the chairman now owns 83,000 shares of the company’s stock, valued at approximately $9,373,190. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.53% of the company’s stock.

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DTE Energy Company Profile

Insider Buying and Selling by Quarter for DTE Energy (NYSE:DTE)

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