DTE Shareholders and Customers Benefiting From Data Centers
A decade-long transformation of Michigan's utility regulation and DTE Energy's business mix has set up the company for a long runway of growth investment opportunities.
A decade-long transformation of Michigan's utility regulation and DTE Energy's business mix has set up the company for a long runway of growth investment opportunities.
We expect annual dividend increases to remain 6%-7% for the foreseeable future.
Although changes to Michigan's regulatory framework were signed into law in late 2016, DTE still faces regulatory lag based on its large growth investment plan.
|
Metric
|
DTE
|
CMS
|
WEC
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.98 | 20.25 | 19.36 |
Price/Book Value | 2.33 | 2.25 | 2.44 |
Price/Sales | 1.71 | 2.38 | 3.43 |
Price/Cash Flow | 8.30 | 9.38 | 9.45 |
|
Metric
|
DTE
|
CMS
|
WEC
|
|---|---|---|---|
Quick Ratio | 0.39 | 0.41 | 0.30 |
Current Ratio | 0.80 | 0.94 | 0.53 |
Interest Coverage | 2.05 | 2.31 | 2.99 |
|
Metric
|
DTE
|
CMS
|
WEC
|
|---|---|---|---|
Return on Assets (Normalized) | 2.51% | 2.62% | 3.39% |
Return on Equity (Normalized) | 11.09% | 11.60% | 12.54% |
Return on Invested Capital (Normalized) | 6.19% | 5.80% | 7.12% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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