FY2025 EPS Forecast for DTE Energy Increased by Analyst

DTE Energy Company (NYSE:DTE) – Research analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for DTE Energy in a research note issued to investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $7.26 per share for the year, up from their prior forecast of $7.20. The consensus estimate for DTE Energy’s current full-year earnings is $7.18 per share. Seaport Res Ptn also issued estimates for DTE Energy’s FY2026 earnings at $7.75 EPS, FY2027 earnings at $8.41 EPS and FY2028 earnings at $8.92 EPS.

DTE Energy (NYSE:DTE) last released its quarterly earnings data on Tuesday, July 29th. The utilities provider reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.01). The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.67 billion. DTE Energy had a return on equity of 12.71% and a net margin of 10.16%.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company upped their price objective on DTE Energy from $145.00 to $154.00 and gave the stock an “overweight” rating in a research note on Friday, May 2nd. Citigroup restated a “buy” rating and set a $151.00 price target (up previously from $142.00) on shares of DTE Energy in a report on Friday, May 23rd. Morgan Stanley cut their price target on DTE Energy from $136.00 to $134.00 and set an “overweight” rating for the company in a report on Thursday, May 22nd. Evercore ISI raised their price target on DTE Energy from $136.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. raised their price target on DTE Energy from $145.00 to $147.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, DTE Energy has an average rating of “Moderate Buy” and a consensus target price of $141.53.

DTE Energy Stock Performance

NYSE DTE opened at $135.72 on Wednesday. The firm has a market cap of $28.16 billion, a price-to-earnings ratio of 19.53, a price-to-earnings-growth ratio of 2.72 and a beta of 0.44. The company has a quick ratio of 0.59, a current ratio of 0.87 and a debt-to-equity ratio of 1.82. The business has a 50-day moving average price of $134.32 and a 200-day moving average price of $132.03. DTE Energy has a twelve month low of $115.59 and a twelve month high of $140.39.

Institutional Investors Weigh In On DTE Energy

Several institutional investors have recently modified their holdings of the stock. American Century Companies Inc. raised its holdings in shares of DTE Energy by 162.2% in the fourth quarter. American Century Companies Inc. now owns 135,750 shares of the utilities provider’s stock worth $16,392,000 after buying an additional 83,969 shares during the period. Blair William & Co. IL raised its holdings in shares of DTE Energy by 7.9% in the fourth quarter. Blair William & Co. IL now owns 10,295 shares of the utilities provider’s stock worth $1,243,000 after buying an additional 751 shares during the period. New Age Alpha Advisors LLC raised its holdings in shares of DTE Energy by 1,185.6% in the fourth quarter. New Age Alpha Advisors LLC now owns 1,607 shares of the utilities provider’s stock worth $194,000 after buying an additional 1,482 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of DTE Energy by 1.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 62,762 shares of the utilities provider’s stock worth $7,579,000 after buying an additional 664 shares during the period. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of DTE Energy by 39.2% in the fourth quarter. Orion Portfolio Solutions LLC now owns 5,742 shares of the utilities provider’s stock worth $693,000 after buying an additional 1,618 shares during the period. 76.06% of the stock is owned by institutional investors.

DTE Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Monday, September 15th. DTE Energy’s payout ratio is 58.92%.

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.