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

DTE Energy (NYSE:DTE) – Investment analysts at Zacks Research boosted their Q3 2026 EPS estimates for shares of DTE Energy in a research note issued to investors on Monday, June 9th. Zacks Research analyst R. Department now expects that the utilities provider will earn $1.51 per share for the quarter, up from their previous estimate of $1.47. 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 $2.78 EPS, FY2026 earnings at $7.71 EPS, Q1 2027 earnings at $2.24 EPS and FY2027 earnings at $8.32 EPS.

DTE Energy (NYSE:DTE) last posted its quarterly earnings results on Thursday, May 1st. The utilities provider reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.12. The business had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.33 billion. DTE Energy had a net margin of 11.27% and a return on equity of 12.42%. During the same period in the prior year, the business posted $1.67 earnings per share.

A number of other research firms have also recently commented on DTE. Citigroup reissued a “buy” rating and set a $151.00 price target (up from $142.00) on shares of DTE Energy in a report on Friday, May 23rd. Morgan Stanley dropped their price target on DTE Energy from $136.00 to $134.00 and set an “overweight” rating for the company in a research note on Thursday, May 22nd. Evercore ISI boosted their target price on shares of DTE Energy from $136.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, May 2nd. BMO Capital Markets raised their target price on shares of DTE Energy from $135.00 to $142.00 and gave the company a “market perform” rating in a research note on Monday, April 21st. Finally, Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, DTE Energy presently has an average rating of “Moderate Buy” and an average target price of $140.93.

DTE Energy Trading Down 0.0%

Shares of DTE Energy stock opened at $134.86 on Thursday. DTE Energy has a fifty-two week low of $108.40 and a fifty-two week high of $140.39. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.46 and a current ratio of 0.71. The company has a market capitalization of $27.99 billion, a P/E ratio of 19.92, a P/E/G ratio of 2.41 and a beta of 0.45. The company has a fifty day moving average of $134.45 and a 200 day moving average of $129.04.

DTE Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 16th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 3.23%. The ex-dividend date is Monday, June 16th. DTE Energy’s dividend payout ratio is 58.92%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cloud Capital Management LLC bought a new stake in shares of DTE Energy in the 1st quarter valued at approximately $25,000. Olde Wealth Management LLC purchased a new position in DTE Energy during the first quarter worth $27,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in DTE Energy during the first quarter valued at $28,000. SouthState Corp purchased a new stake in shares of DTE Energy in the first quarter valued at $29,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of DTE Energy in the 1st quarter worth about $31,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

About DTE Energy

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.