Zacks Research Brokers Cut Earnings Estimates for DTE Energy

DTE Energy (NYSE:DTE) – Research analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for DTE Energy in a note issued to investors on Thursday, October 17th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.83 for the quarter, down from their prior estimate of $1.85. 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 $1.42 EPS, Q3 2025 earnings at $1.70 EPS, Q4 2025 earnings at $2.22 EPS, FY2025 earnings at $7.17 EPS, Q1 2026 earnings at $1.84 EPS and Q3 2026 earnings at $1.49 EPS.

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

DTE has been the subject of several other reports. StockNews.com raised DTE Energy from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Wells Fargo & Company increased their price target on DTE Energy from $125.00 to $133.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Barclays increased their price target on DTE Energy from $128.00 to $137.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. BMO Capital Markets increased their price target on DTE Energy from $126.00 to $135.00 and gave the company a “market perform” rating in a research report on Friday, September 6th. Finally, Mizuho increased their price target on DTE Energy from $121.00 to $133.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, DTE Energy currently has an average rating of “Moderate Buy” and an average target price of $129.42.

DTE Energy Stock Down 0.0 %

NYSE:DTE opened at $128.44 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.52 and a current ratio of 0.69. The company has a market cap of $26.58 billion, a PE ratio of 21.02, a PEG ratio of 2.29 and a beta of 0.67. DTE Energy has a 52-week low of $92.58 and a 52-week high of $129.53. The stock has a 50-day simple moving average of $124.90 and a 200 day simple moving average of $117.10.

Institutional Investors Weigh In On DTE Energy

Large investors have recently added to or reduced their stakes in the business. ESL Trust Services LLC bought a new stake in DTE Energy during the first quarter valued at $27,000. Rise Advisors LLC boosted its stake in DTE Energy by 89.6% during the first quarter. Rise Advisors LLC now owns 273 shares of the utilities provider’s stock valued at $31,000 after buying an additional 129 shares during the period. Ridgewood Investments LLC bought a new stake in DTE Energy during the second quarter valued at $31,000. Denali Advisors LLC bought a new stake in DTE Energy during the first quarter valued at $34,000. Finally, Salomon & Ludwin LLC raised its position in DTE Energy by 82.3% during the first quarter. Salomon & Ludwin LLC now owns 432 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 195 shares in the last quarter. Institutional investors 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.