FY2026 Earnings Estimate for DTE Energy Issued By KeyCorp

DTE Energy Company (NYSE:DTE) – Investment analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of DTE Energy in a research report issued on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will earn $7.71 per share for the year. The consensus estimate for DTE Energy’s current full-year earnings is $7.71 per share. KeyCorp also issued estimates for DTE Energy’s FY2027 earnings at $8.26 EPS, FY2028 earnings at $8.90 EPS, FY2029 earnings at $9.61 EPS and FY2030 earnings at $10.37 EPS.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share 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 analyst estimates of $4.37 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. During the same period in the prior year, the firm earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS.

A number of other brokerages have also recently weighed in on DTE. Barclays dropped their price objective on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating for the company in a report on Monday, May 4th. Truist Financial decreased their price target on shares of DTE Energy from $165.00 to $158.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Mizuho set a $165.00 price target on shares of DTE Energy in a research report on Friday, May 1st. Jefferies Financial Group set a $172.00 price objective on DTE Energy in a research report on Thursday, July 9th. Finally, Wall Street Zen cut DTE Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, DTE Energy has a consensus rating of “Moderate Buy” and a consensus price target of $158.38.

DTE Energy Stock Down 1.7%

Shares of DTE opened at $146.98 on Monday. The company’s 50-day simple moving average is $147.64 and its 200-day simple moving average is $144.49. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.69 and a current ratio of 0.95. DTE Energy has a 1 year low of $126.23 and a 1 year high of $155.74. The stock has a market capitalization of $30.58 billion, a PE ratio of 24.21, a P/E/G ratio of 3.26 and a beta of 0.38.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of DTE Energy by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 26,305,533 shares of the utilities provider’s stock valued at $3,392,888,000 after purchasing an additional 766,499 shares in the last quarter. Capital Research Global Investors grew its stake in shares of DTE Energy by 3.1% during the fourth quarter. Capital Research Global Investors now owns 12,447,948 shares of the utilities provider’s stock worth $1,605,539,000 after purchasing an additional 379,443 shares in the last quarter. State Street Corp increased its holdings in DTE Energy by 2.5% in the fourth quarter. State Street Corp now owns 11,078,346 shares of the utilities provider’s stock valued at $1,441,776,000 after buying an additional 272,068 shares during the last quarter. Geode Capital Management LLC raised its stake in DTE Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 5,592,670 shares of the utilities provider’s stock valued at $718,668,000 after buying an additional 117,322 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in DTE Energy by 1.3% in the first quarter. Janus Henderson Group PLC now owns 3,084,544 shares of the utilities provider’s stock valued at $451,022,000 after buying an additional 40,346 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

Insiders Place Their Bets

In related news, VP Lisa A. Muschong sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $143.72, for a total value of $143,720.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by company insiders.

DTE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, September 21st will be paid a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, September 21st. DTE Energy’s dividend payout ratio is presently 76.77%.

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.