DTE Energy Company Common Stock (NYSE:DTE).
April 7 investment analysts at Barclays made no change to the company rating of “Overweight” but raised the price expectation to $97.00 from $91.00. On January 27 Deutsche Bank maintained a company rating of “Hold” but lowered the price target from $87.00 to $86.00.
Barclays both upgraded the stock and lowered the price target on January 13 changing the price target from $72.00 to $52.00 and raising the rating from “Equal-weight” to “Overweight”. On January 13 the stock rating was upgraded to “Overweight” from “Equal-weight” with a current price target of $52.00 in a report issued by Barclays.
July 27 investment analysts at Barclays made no change to the stock rating of “Equalweight” and lowered the price target from $85.00 to $82.00.
In the market the company is trading down by -0.44% since yesterday’s close of $96.63. The company also announced a dividend for shareholders to be paid on Saturday the 15th of October 2016. The dividend payment will be $0.770 per share for the quarter which is $3.08 annualized. The dividend yield will be $3.18. The ex-dividend date is Thursday the 15th of September 2016.
The stock is trading at $96.20 just a bit higher than the 50 day moving average of $94.28 and barely above the 200 day moving average of $92.88. The 50 day moving average was up $2.05 or +2.17% whereas the 200 day moving average was up $3.45 or +3.72%.
DTE Energy Company Common Stock’s P/E ratio is 23.26 and the market value is 17.28B. As of the latest earnings report the EPS was $4.14 and is projected to be $5.07 for the current year with 179,434,000 shares outstanding. Next quarter’s EPS is forecasted at $1.20 and the next full year EPS is projected to be $5.28.