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

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DTE shares. Weiss Ratings downgraded shares of DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price objective on shares of DTE Energy in a research note on Wednesday, April 8th. Mizuho set a $165.00 price target on shares of DTE Energy in a report on Friday, May 1st. JPMorgan Chase & Co. cut their price target on shares of DTE Energy from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Finally, Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.67.

DTE Energy Trading Up 1.3%

DTE traded up $1.94 during mid-day trading on Tuesday, hitting $148.77. The stock had a trading volume of 143,765 shares, compared to its average volume of 1,465,530. The stock’s fifty day simple moving average is $145.07 and its 200-day simple moving average is $140.86. The firm has a market capitalization of $30.95 billion, a price-to-earnings ratio of 24.52, a price-to-earnings-growth ratio of 3.22 and a beta of 0.39. DTE Energy has a 1-year low of $126.23 and a 1-year high of $154.63. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69.

DTE Energy (NYSE:DTE) last issued its quarterly earnings data on Thursday, April 30th. The utilities provider reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.03). The business 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 quarter in the prior year, the firm posted $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, research analysts forecast that DTE Energy will post 7.71 EPS for the current fiscal year.

DTE Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued 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 is Monday, September 21st. DTE Energy’s payout ratio is 76.77%.

Insider Buying and Selling at DTE Energy

In related news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy stock in a transaction that occurred on Thursday, May 14th. The stock was 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 approximately $895,806.76. This trade represents a 13.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of DTE Energy

A number of institutional investors have recently made changes to their positions in DTE. Virtu Financial LLC increased its position in shares of DTE Energy by 28.0% in the fourth quarter. Virtu Financial LLC now owns 2,479 shares of the utilities provider’s stock valued at $320,000 after acquiring an additional 543 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in DTE Energy in the fourth quarter valued at approximately $36,000. Claris Financial LLC bought a new position in DTE Energy in the fourth quarter valued at approximately $369,000. Invesco Ltd. increased its position in shares of DTE Energy by 3.1% during the 4th quarter. Invesco Ltd. now owns 2,521,165 shares of the utilities provider’s stock worth $325,180,000 after purchasing an additional 75,696 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of DTE Energy by 2.8% during the 4th quarter. Corient Private Wealth LLC now owns 49,206 shares of the utilities provider’s stock worth $6,092,000 after purchasing an additional 1,326 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

About DTE Energy

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.