DTE Energy (NYSE:DTE) Releases FY 2026 Earnings Guidance

DTE Energy (NYSE:DTE) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.590-7.730 for the period, compared to the consensus estimate of 7.710. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several brokerages recently weighed in on DTE. JPMorgan Chase & Co. cut their target price on DTE Energy from $160.00 to $155.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Barclays cut their target price on DTE Energy from $156.00 to $154.00 and set an “equal weight” rating on the stock in a research report on Monday, May 4th. Jefferies Financial Group restated a “buy” rating and issued a $170.00 price target on shares of DTE Energy in a research report on Wednesday, April 8th. Morgan Stanley reiterated an “overweight” rating and issued a $150.00 price objective on shares of DTE Energy in a research report on Wednesday. Finally, Mizuho set a $165.00 price target on DTE Energy in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.

DTE Energy Trading Up 1.3%

NYSE:DTE opened at $151.18 on Thursday. The stock has a fifty day simple moving average of $145.13 and a 200 day simple moving average of $141.11. The firm has a market capitalization of $31.45 billion, a price-to-earnings ratio of 24.91, a price-to-earnings-growth ratio of 3.26 and a beta of 0.39. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. DTE Energy has a 1-year low of $126.23 and a 1-year high of $154.63.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.03). The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $4.37 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. During the same quarter last year, the company posted $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Sell-side analysts forecast that DTE Energy will post 7.71 earnings per share for the current year.

DTE Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be given a $1.165 dividend. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, September 21st. DTE Energy’s dividend payout ratio is 76.77%.

Insider Transactions at DTE Energy

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $143.72, for a total transaction of $143,720.00. Following the completion of the sale, the vice president owned 6,233 shares of the company’s stock, valued at $895,806.76. This trade represents a 13.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DTE Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Mcguire Capital Advisors Inc. acquired a new stake in shares of DTE Energy in the fourth quarter worth about $36,000. DV Equities LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at $37,000. Ossiam acquired a new stake in DTE Energy during the second quarter valued at approximately $45,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of DTE Energy by 354.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 332 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 259 shares during the last quarter. Finally, HM Payson & Co. increased its holdings in DTE Energy by 23.6% during the 4th quarter. HM Payson & Co. now owns 419 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Company Profile

DTE Energy is an integrated energy company headquartered in Detroit, Michigan, that combines regulated utility operations with non-utility energy businesses. Its regulated subsidiaries operate electric and natural gas utility services that deliver generation, transmission and distribution to residential, commercial and industrial customers. The company’s utility segment focuses on maintaining and upgrading energy delivery infrastructure, ensuring reliable service and meeting regulatory requirements in its service territory.

Beyond its regulated utilities, DTE Energy operates non-utility businesses that develop, own and operate power generation and energy-related projects.