Analysts Offer Predictions for DTE Energy FY2027 Earnings

DTE Energy (NYSE:DTE) – Equities researchers at Seaport Res Ptn issued their FY2027 earnings estimates for shares of DTE Energy in a research note issued to investors on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski anticipates that the utilities provider will post earnings of $8.42 per share for the year. The consensus estimate for DTE Energy’s current full-year earnings is $6.73 per share. Seaport Res Ptn also issued estimates for DTE Energy’s FY2028 earnings at $8.84 EPS.

DTE has been the topic of several other reports. Bank of America boosted their target price on shares of DTE Energy from $131.00 to $136.00 and gave the stock a “buy” rating in a research report on Thursday, August 29th. KeyCorp lifted their price target on DTE Energy from $136.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. BMO Capital Markets lifted their price target on DTE Energy from $135.00 to $140.00 and gave the stock a “market perform” rating in a research note on Friday, October 18th. StockNews.com downgraded DTE Energy from a “hold” rating to a “sell” rating in a research note on Monday, October 28th. Finally, Mizuho lifted their price target on DTE Energy from $121.00 to $133.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.46.

DTE Energy Price Performance

Shares of NYSE DTE opened at $121.29 on Friday. The firm has a market capitalization of $25.12 billion, a P/E ratio of 16.43, a PEG ratio of 2.25 and a beta of 0.67. DTE Energy has a one year low of $96.45 and a one year high of $131.66. The company’s fifty day moving average is $125.84 and its two-hundred day moving average is $118.57. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.83.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DTE. ESL Trust Services LLC acquired a new position in DTE Energy in the 1st quarter valued at about $27,000. Ridgewood Investments LLC acquired a new position in shares of DTE Energy during the 2nd quarter valued at about $31,000. Salomon & Ludwin LLC increased its stake in shares of DTE Energy by 82.3% during the 1st quarter. Salomon & Ludwin LLC now owns 432 shares of the utilities provider’s stock valued at $48,000 after acquiring an additional 195 shares during the last quarter. Fairscale Capital LLC acquired a new position in shares of DTE Energy during the 2nd quarter valued at about $54,000. Finally, Chilton Capital Management LLC acquired a new position in shares of DTE Energy during the 2nd quarter valued at about $56,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Company Profile

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.