Investors in DTE Energy (NYSE:DTE) Have Seen Returns of 23% Over the Past Year
Investors in DTE Energy (NYSE:DTE) Have Seen Returns of 23% Over the Past Year
There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But not every stock you buy will perform as well as the overall market. Over the last year the DTE Energy Company (NYSE:DTE) share price is up 19%, but that's less than the broader market return. Having said that, the longer term returns aren't so impressive, with stock gaining just 3.5% in three years.
毫無疑問,在股票市場中投資是積累財富的絕佳途徑。但並非你購買的每支股票都會表現得像整體市場一樣好。在過去的一年裏,DTE能源公司(紐交所:DTE)的股價上漲了19%,但這低於整個市場的回報。話雖如此,從長期來看,股票的回報並不那麼令人印象深刻,三年內僅增長了3.5%。
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
讓我們長期看一下潛在的基本面,看看它們是否與股東回報一致。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
雖然一些人仍然相信有效市場假說,但已經證明市場是過度反應的動態系統,投資者並不總是理性的。一個不完美但簡單的方法來考慮公司市場看法的變化是比較每股收益(EPS)的變化和股價的波動。
During the last year DTE Energy grew its earnings per share (EPS) by 4.6%. This EPS growth is significantly lower than the 19% increase in the share price. So it's fair to assume the market has a higher opinion of the business than it a year ago.
在過去的一年中,DTE能源的每股收益(EPS)增長了4.6%。這種EPS增長顯著低於股價的19%增長。因此,可以合理地假設市場對該企業的看法比一年前更高。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨時間的推移)如下圖所示(單擊可查看確切數字)。
![1724768790022](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240827/47131432-0-36f4cacf81fd5162603f2bfd364db349.avif/big)
This free interactive report on DTE Energy's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想進一步研究該股票,可以免費查看dte能源的盈利、營收和現金流情況。
What About Dividends?
那麼分紅怎麼樣呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for DTE Energy the TSR over the last 1 year was 23%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
除了衡量股票價格回報之外,投資者還應考慮總股東回報(TSR)。TSR是一個計算回報的方法,考慮了現金分紅的價值(假設任何收到的紅利都被再投資)以及任何貼現的增資和分拆所計算出的價值。可以說,TSR對於支付股息的股票給出了更全面的圖片。我們注意到,在過去的一年中,dte能源的TSR爲23%,比上述股票價格回報要好。毫無疑問,紅利支付在很大程度上解釋了這種差異!
A Different Perspective
不同的觀點
DTE Energy shareholders gained a total return of 23% during the year. But that was short of the market average. On the bright side, that's still a gain, and it's actually better than the average return of 6% over half a decade It is possible that returns will improve along with the business fundamentals. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should learn about the 2 warning signs we've spotted with DTE Energy (including 1 which is a bit concerning) .
dte能源股東在這一年內獲得了23%的總回報。但這還是低於市場平均水平。好消息是,這仍然是一項收益,實際上比過去五年平均回報率6%更好。隨着業務基本面的改善,回報可能會提高。我發現長期來看股價作爲業績的一個代理是非常有趣的。但要真正獲得洞察力,我們還需要考慮其他信息。爲此,你應該了解我們在dte能源發現的2個警示信號(其中一個比較令人擔憂)。
For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找獲勝投資的人來說,最近有內部購買的低估公司免費列表可能是一個很好的選擇。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
譯文內容由第三人軟體翻譯。