DTG · NYSE · Regulated Electric

DTE Energy 2021 Series E Junior Debentures (DTG)

NYSE-listed Series E junior subordinated debentures due in 2081.

$6.26
Pre-market−9.47 (−60.19%)
At close$15.73(−0.19%)
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DTE Energy Company 2021 SeriesDTGUtilities

Represents a Series E junior subordinated debt issue of DTE Energy Company, a Detroit utility holding company. The issuer combines DTE Electric in southeastern Michigan with DTE Gas across Michigan, alongside DTE Vantage projects and Energy Trading.

Trades on the NYSE as the Series E junior subordinated debentures due in 2081 of DTE Energy Company. The security is debt, rather than common equity, issued by a Detroit utility holding company.

Connects to an issuer whose regulated core is DTE Electric, serving southeastern Michigan, and DTE Gas, serving customers across Michigan. DTE Vantage develops renewable-energy and custom-energy projects, while Energy Trading operates alongside the utilities.

Operations are concentrated in Michigan and shaped by regulated utility oversight, electric-grid reliability work, gas-system modernization, and the execution of energy projects and trading activities. The security's issuer profile rests on these utility and non-utility operations.

Company facts

CEOJoi Harris
ListedDec 1, 2021
ExchangeNYSE
HeadquartersDetroit, MI
CountryUnited States
Employees9,650
CIK0000936340
ISINUS2333318184

Market cap$3.27B
EPS (ttm)$5.18
P/E (ttm)3.04
ROE10.8%
P/B2.33
P/S1.74
Dividend yieldDiv yield6.95%
Beta0.30vs XLU 0.05

No analyst consensus on record.

Next report
Oct 22, 2026
estimated · in 49 days
EPS estimate
$2.46
Revenue estimate
$3.78B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.41$2.15$1.11$2.02$1.65$0.01$1.32Pending
Estimate$1.44$2.02$1.40$2.11$1.52$2.08$1.14$2.46
Surprise−2.1%+6.4%−20.7%−4.3%+8.6%−99.7%+15.8%

RevenueReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$3.44B$4.44B$3.42B$3.53B$4.43B$5.14B$3.50BPending
Estimate$3.31B$3.41B$2.77B$3.24B$3.39B$4.69B$3.36B$3.78B
Surprise+3.7%+30.1%+23.3%+8.9%+30.7%+9.7%+4.2%
Estimate$2.46
ReportedDue Oct 22, 2026
Estimate$3.78B
ReportedDue Oct 22, 2026
View details

Debt to equity223.90%
Current ratio81.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.91B$3.44B$4.44B$3.42B$3.53B$3.90B$5.14B$3.37B
Net income$477.0M$292.0M$445.0M$229.0M$418.0M$370.0M$1.2M$282.0M
Net margin16.4%8.5%10.0%6.7%11.9%9.5%0.0%8.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$517.0M$555.0M$624.0M$427.0M$619.0M$380.0M$412.0M$458.0M
YoY growth−3.9%−15.4%+16.4%−14.9%+19.7%−31.5%−34.0%+7.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $200.0M · Total debt $27.21B · Total assets $56.23B · Shareholders' equity $12.15B

Revenue
$3.37B
Operating income
$458.0M
Net income
$282.0M
View details

Next ex-date
Nov 17, 2026
estimated · in 75 days
Annual dividend
$1.09
per share
Dividend yield
6.95%
Schedule
Quarterly
4 payments a year

Raised for 3 straight years. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 17, 2026Aug 17Sep 1$0.2734
May 15, 2026May 15Jun 1$0.2734
Feb 13, 2026Feb 13Mar 2$0.2734
Nov 14, 2025Nov 14Dec 1$0.2734
Aug 15, 2025Aug 15Sep 2$0.2734
May 16, 2025May 16Jun 2$0.2734
Feb 14, 2025Feb 14Mar 3$0.2734
Nov 15, 2024Nov 15Dec 2$0.2734
View details

Strategic holders1 holder · as of Aug 11, 20253.05%10.56M shares
Otherremainder96.95%336.16M shares

346.72M company shares as of Sep 3, 2026 · holders as of their latest filing

Two share counts disagree (346.72M in the company's Sep 3, 2026 report, 207.80M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
State Street CorporationStrategic
3.05%10.56M13Gfiled Aug 11, 2025
Gerardo Norcia1Insiderdirector, officer: Chairman, President & CEO
0.09%318,959Form 4filed Jun 8, 2023
David Ruud2Insiderofficer: Sr. Vice President & CFO
0.02%57,724Form 4filed Feb 3, 2023
Trevor F. Lauer2Insiderofficer: President and COO-DTE Electric
0.01%49,974Form 4filed Feb 3, 2023
Peter B. Oleksiak3Insiderofficer: Sr. Vice President and CFO
0.01%49,034Form 4filed Feb 26, 2020
See all 25
  1. Last filed Jun 8, 2023; leaving the company requires no filing. Not in the bar.
  2. Last filed Feb 3, 2023; leaving the company requires no filing. Not in the bar.
  3. Last filed Feb 26, 2020; leaving the company requires no filing. Not in the bar.

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
DTE Energy 2021 Series E Junior Debentures$6.26−60.19%$3.27B3.02.01.7+2.3%
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Median24.216.43.0+9.1%