Zacks Research Estimates DTE Energy’s Q3 Earnings (NYSE:DTE)

DTE Energy Company (NYSE:DTE) – Equities research analysts at Zacks Research upped their Q3 2026 earnings per share estimates for DTE Energy in a report issued on Thursday, January 15th. Zacks Research analyst Team now forecasts that the utilities provider will earn $2.15 per share for the quarter, up from their prior estimate of $2.00. The consensus estimate for DTE Energy’s current full-year earnings is $7.18 per share. Zacks Research also issued estimates for DTE Energy’s Q4 2026 earnings at $2.25 EPS, FY2026 earnings at $7.72 EPS and Q4 2027 earnings at $1.82 EPS.

DTE Energy (NYSE:DTE) last announced its earnings results on Thursday, October 30th. The utilities provider reported $2.25 EPS for the quarter, topping the consensus estimate of $2.10 by $0.15. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.23 billion. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. During the same quarter in the prior year, the company posted $2.22 earnings per share. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS and its FY 2026 guidance at 7.590-7.730 EPS.

Several other equities research analysts also recently issued reports on DTE. JPMorgan Chase & Co. cut their price target on DTE Energy from $151.00 to $145.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. BMO Capital Markets reduced their price objective on DTE Energy from $151.00 to $148.00 and set a “market perform” rating for the company in a report on Wednesday, December 24th. Wall Street Zen upgraded DTE Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Bank of America boosted their price target on DTE Energy from $153.00 to $154.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, UBS Group reduced their target price on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.75.

DTE Energy Trading Up 0.5%

DTE Energy stock opened at $134.59 on Friday. The company has a market cap of $27.95 billion, a price-to-earnings ratio of 20.21, a P/E/G ratio of 2.46 and a beta of 0.49. The firm has a 50-day moving average of $132.41 and a 200-day moving average of $135.84. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.15 and a quick ratio of 0.68. DTE Energy has a one year low of $116.30 and a one year high of $143.79.

DTE Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Monday, December 15th were given a $1.165 dividend. The ex-dividend date was Monday, December 15th. This is an increase from DTE Energy’s previous quarterly dividend of $1.09. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.5%. DTE Energy’s dividend payout ratio (DPR) is 69.97%.

Institutional Investors Weigh In On DTE Energy

Several institutional investors and hedge funds have recently bought and sold shares of DTE. Salomon & Ludwin LLC raised its position in shares of DTE Energy by 29.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the utilities provider’s stock valued at $43,000 after buying an additional 70 shares in the last quarter. Keybank National Association OH increased its stake in DTE Energy by 1.6% in the second quarter. Keybank National Association OH now owns 4,525 shares of the utilities provider’s stock valued at $599,000 after acquiring an additional 72 shares during the last quarter. Atria Investments Inc increased its stake in DTE Energy by 0.6% in the second quarter. Atria Investments Inc now owns 11,354 shares of the utilities provider’s stock valued at $1,504,000 after acquiring an additional 72 shares during the last quarter. SJS Investment Consulting Inc. raised its position in DTE Energy by 2.0% during the third quarter. SJS Investment Consulting Inc. now owns 3,738 shares of the utilities provider’s stock valued at $529,000 after purchasing an additional 73 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in DTE Energy by 1.4% during the third quarter. Concurrent Investment Advisors LLC now owns 5,451 shares of the utilities provider’s stock worth $771,000 after purchasing an additional 75 shares during the last quarter. Institutional investors 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.