On the stock market since 1970, it operates in electricity, water and gas. It has 9,650 employees. Now — the numbers.
This is an established company with proven profits.
Revenue is spread across several lines; no single product carries the company.
No real growth (1% a year).
The gap is $26.3B. In times of high interest rates, a gap like that can squeeze a company.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
The price isn’t cheap next to earnings — that’s why this grade sits in the middle.
There is growth, but not at top-of-the-class tempo.
Clearly below the class average.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Business Quality: Profit power and business quality trail similar companies in the sector.
The stock trades below its recent peak — about 11% off the top. A pullback, not a collapse.
The average analyst price target is $159 — 15% above today’s price.
It pays out $4.59 per share each year — regular cash for whoever holds the stock.
Over the last 3 years, sales fell about 6% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 28/100.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 41/100.
On our five-subject report card, DTE sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: DTE is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s what that quality should cost.
Analysts’ average target sits above today’s price, yet the valuation grade (51/100) says the stock isn’t cheap.