DTE Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Dte Energy Co, the dividend discount model StockNews created for the company implies a positive return of 17.47%. Digging deeper, the aspects of Dte Energy Co's dividend discount model that we found most interesting were:

• As for its position relative to other Utilities stocks that issue dividends, DTE provides shareholders with a dividend yield greater than 75% such stocks.
• Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Dte Energy Co than it is for merely 19.44% of other dividend issuers in the Utilities sector.
• In comparison to its fellow dividend issuing stocks in the Utilities sector, Dte Energy Co has an equity discount rate lower than 33.33% of them.

DTE Dividends vs. Peers