Q1 2025 EPS Estimates for DTE Energy Cut by Zacks Research (NYSE:DTE)

DTE Energy (NYSE:DTEFree Report) – Analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of DTE Energy in a research note issued to investors on Wednesday, October 9th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.85 for the quarter, down from their prior estimate of $1.86. The consensus estimate for DTE Energy’s current full-year earnings is $6.70 per share. Zacks Research also issued estimates for DTE Energy’s Q2 2025 earnings at $1.45 EPS and Q4 2025 earnings at $2.17 EPS.

A number of other analysts have also issued reports on the company. KeyCorp raised their price target on DTE Energy from $130.00 to $136.00 and gave the stock an “overweight” rating in a research note on Monday, September 30th. Barclays upped their price target on shares of DTE Energy from $128.00 to $137.00 and gave the stock an “overweight” rating in a research report on Monday, October 7th. Morgan Stanley lifted their price target on shares of DTE Energy from $121.00 to $128.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. Mizuho increased their target price on DTE Energy from $121.00 to $133.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Finally, Scotiabank boosted their price target on DTE Energy from $120.00 to $137.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 20th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.42.

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DTE Energy Price Performance

DTE stock opened at $124.87 on Monday. The stock has a market capitalization of $25.84 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 1.73. DTE Energy has a 52-week low of $92.58 and a 52-week high of $129.53. The stock’s fifty day simple moving average is $124.26 and its 200-day simple moving average is $116.74.

DTE Energy (NYSE:DTEGet Free Report) last posted its quarterly earnings data on Thursday, July 25th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.22. DTE Energy had a net margin of 11.18% and a return on equity of 12.18%. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same quarter in the previous year, the business posted $0.99 earnings per share.

Institutional Trading of DTE Energy

Several institutional investors have recently added to or reduced their stakes in the stock. Creative Planning raised its position in shares of DTE Energy by 6.2% during the 3rd quarter. Creative Planning now owns 66,907 shares of the utilities provider’s stock valued at $8,592,000 after acquiring an additional 3,893 shares in the last quarter. Procyon Advisors LLC raised its position in shares of DTE Energy by 4.8% during the 3rd quarter. Procyon Advisors LLC now owns 10,884 shares of the utilities provider’s stock worth $1,398,000 after purchasing an additional 503 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of DTE Energy by 41.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 8,326 shares of the utilities provider’s stock worth $1,069,000 after purchasing an additional 2,449 shares during the last quarter. Carnegie Investment Counsel boosted its position in DTE Energy by 6.4% during the 3rd quarter. Carnegie Investment Counsel now owns 4,546 shares of the utilities provider’s stock valued at $584,000 after purchasing an additional 274 shares during the period. Finally, CWM LLC grew its stake in DTE Energy by 2.1% during the 3rd quarter. CWM LLC now owns 8,979 shares of the utilities provider’s stock worth $1,153,000 after buying an additional 186 shares during the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

About DTE Energy

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DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.

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Earnings History and Estimates for DTE Energy (NYSE:DTE)

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