DTE Energy (DTE) to Release Earnings on Thursday

DTE Energy (NYSE:DTE) is projected to release its Q2 2025 earnings data before the market opens on Thursday, July 24th. Analysts expect DTE Energy to post earnings of $1.70 per share and revenue of $2.67 billion for the quarter. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Thursday, May 1st. The utilities provider reported $2.10 EPS for the quarter, topping the consensus estimate of $1.98 by $0.12. DTE Energy had a net margin of 11.25% and a return on equity of 13.00%. The business had revenue of $3.37 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter last year, the company posted $1.67 earnings per share. On average, analysts expect DTE Energy to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

DTE Energy Stock Performance

Shares of DTE stock opened at $134.25 on Thursday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.59 and a current ratio of 0.87. DTE Energy has a one year low of $114.77 and a one year high of $140.39. The company’s 50-day simple moving average is $133.94 and its 200-day simple moving average is $130.85. The stock has a market capitalization of $27.86 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 2.27 and a beta of 0.44.

DTE Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $1.09 per share. The ex-dividend date is Monday, September 15th. This represents a $4.36 annualized dividend and a dividend yield of 3.25%. DTE Energy’s payout ratio is 58.92%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC grew its position in DTE Energy by 200.7% in the first quarter. Empowered Funds LLC now owns 9,909 shares of the utilities provider’s stock worth $1,370,000 after buying an additional 6,614 shares during the last quarter. Intech Investment Management LLC grew its position in DTE Energy by 6.5% in the first quarter. Intech Investment Management LLC now owns 12,687 shares of the utilities provider’s stock worth $1,754,000 after buying an additional 773 shares during the last quarter. Finally, Woodline Partners LP grew its position in DTE Energy by 40.8% during the 1st quarter. Woodline Partners LP now owns 17,509 shares of the utilities provider’s stock worth $2,421,000 after purchasing an additional 5,072 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

Wall Street Analysts Forecast Growth

DTE has been the topic of several research analyst reports. Barclays increased their price target on shares of DTE Energy from $136.00 to $138.00 and gave the stock an “equal weight” rating in a research report on Tuesday. BMO Capital Markets raised their target price on shares of DTE Energy from $135.00 to $142.00 and gave the stock a “market perform” rating in a report on Monday, April 21st. Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a report on Friday, May 16th. Morgan Stanley cut their target price on shares of DTE Energy from $136.00 to $134.00 and set an “overweight” rating on the stock in a report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. raised their target price on shares of DTE Energy from $145.00 to $147.00 and gave the stock a “neutral” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, DTE Energy has an average rating of “Moderate Buy” and a consensus price target of $141.53.

About DTE Energy

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.