DTE Energy Company (DTE)
DTE Energy Company Beneish M-Score: -2.837
View DTE Beneish M-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
DTE Beneish M-Score Rankings
| Overall | 67th percentile | 1235 of 3761 |
| Sector | 79th percentile | 22 of 105 in Utilities |
| Industry | 82nd percentile | 9 of 52 in Electric Utilities |
DTE Beneish M-Score Range, Past 5 Years
| Minimum | -2.896 | Jun 2007 |
| Maximum | -2.386 | Dec 2007 |
| Average | -2.695 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
You may also be interested in these DTE related companies
DTE News
$DTE $T $S Deutsche Telekom CEO Says T-Mobile USA Merger Is Option http://stks.co/3yiX
about 5 days ago by DrNick
about 5 days ago by DrNick
DTE Energy Foundation Grant Helps Bring "After 26 Project" Closer to Reality
May 16, 9:55AM PR Newswire
May 16, 9:55AM PR Newswire
DTE Energy Foundation to Partner with City Connect Detroit to Provide 500 Summer Jobs for Youths
May 10, 11:00AM PR Newswire
May 10, 11:00AM PR Newswire
Fermi 2 Power Plant Back in Service Following Successful Refueling Outage
May 05, 1:11PM PR Newswire
May 05, 1:11PM PR Newswire
DTE to Announce Major Challenge Worth Hundreds of Thousands of Dollars at Conference
May 01, 1:53PM PR Newswire
May 01, 1:53PM PR Newswire
DTE Energy Management Discusses Q1 2012 Results - Earnings Call Transcript
Apr 27, 1:00PM Seeking Alpha
Apr 27, 1:00PM Seeking Alpha
Listen to $DTE Q1 2012 earnings call - live at 09:00 AM, ondemand after - http://stks.co/3Y88
about 32 days ago by earningscast
about 32 days ago by earningscast
DTE Energy Reports First Quarter 2012 Results; Maintains Earnings Guidance
Apr 27, 7:10AM PR Newswire
Apr 27, 7:10AM PR Newswire
The Gatekeeper Program recognizes local DTE Energy employee for service to her community
Apr 25, 2:00PM PR Newswire
Apr 25, 2:00PM PR Newswire
retracement to earlier breakout level, nice doji candle $DTE $$ $STUDY
about 74 days ago by ChartMill
about 74 days ago by ChartMill
$DTE filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2sHP
about 75 days ago by MarketBrief
about 75 days ago by MarketBrief
$DTE http://stks.co/2SeB on watch list at line on volume of 18% average full day
about 102 days ago by StockTiger
about 102 days ago by StockTiger
on watch list but did not trigger and backed off - to watch as reversed up today on good volume 21% $DTE http://chart.ly/pug3735
about 103 days ago by StockTiger
about 103 days ago by StockTiger
Listen to $DTE Q4 2011 earnings call (EPS 0.88 vs est 0.8) - live at 09:00 AM, ondemand after - http://stks.co/2RHn
about 103 days ago by earningscast
about 103 days ago by earningscast
$DTE Insider Sale: $6.2M of stock sold by Earley Anthony F Jr on February 13, 2012 http://stks.co/2PLT
about 104 days ago by MarketBrief
about 104 days ago by MarketBrief
Is it Time to Play Some Defense? http://stks.co/2Isw via @StevenPlace $DUK $PEP $DTE
about 111 days ago by STNet
about 111 days ago by STNet
Is it Time to Play Some Defense? http://stks.co/2ImX via @StevenPlace $DUK $PEP $DTE
about 111 days ago by StockTwits
about 111 days ago by StockTwits
$DTE Insider Sale: $5.4M of stock sold by Earley Anthony F Jr (Director Retired Exec Chrmn Of Brd) on December 22, 2011 http://stks.co/1gvh
about 154 days ago by MarketBrief
about 154 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DTE | 56.56 | +0.11 | +0.19% | 9.618B |
| DNDN | 7.11 | -0.11 | -1.52% | 1.094B |
| DND | 57.50 | -0.53 | -0.91% | |
| DNB | 67.14 | +0.34 | +0.51% | 3.204B |
| DMRC | 24.94 | +0.10 | +0.40% | 177.07M |
| DMO | 22.08 | +0.01 | +0.05% | |
| DMND | 21.97 | -0.15 | -0.68% | |
| DMLP | 22.07 | -0.08 | -0.36% | 676.89M |
| DMF | 10.61 | +0.03 | +0.28% | |
| DMED | 0.38 | +0.00 | +0.00% | 4.108M |