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

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

Wall Street Analyst Weigh In

DTE has been the subject of several recent analyst reports. BMO Capital Markets decreased their price objective on shares of DTE Energy from $157.00 to $148.00 and set a “market perform” rating for the company in a research report on Thursday, March 26th. Morgan Stanley set a $146.00 price target on shares of DTE Energy in a research report on Thursday, May 21st. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 price objective on shares of DTE Energy in a research report on Wednesday, April 8th. Weiss Ratings downgraded DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. Finally, Mizuho set a $165.00 price target on DTE Energy in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $156.67.

DTE Energy Stock Performance

DTE stock opened at $149.44 on Wednesday. The firm has a market cap of $31.09 billion, a PE ratio of 24.62, a P/E/G ratio of 3.21 and a beta of 0.39. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. The business has a 50 day moving average of $145.06 and a 200-day moving average of $140.98. DTE Energy has a 12-month low of $126.23 and a 12-month high of $154.63.

DTE Energy (NYSE:DTE) last announced its earnings results 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 for the quarter, compared to analysts’ expectations 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 business earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, sell-side analysts expect that DTE Energy will post 7.71 earnings per share for the current year.

DTE Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be paid a $1.165 dividend. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, September 21st. DTE Energy’s dividend payout ratio is currently 76.77%.

Insider Buying and Selling

In other news, VP Lisa A. Muschong sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total transaction of $143,720.00. Following the transaction, the vice president directly owned 6,233 shares of the company’s stock, valued at approximately $895,806.76. The trade was a 13.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of DTE Energy

Several large investors have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC bought a new position in DTE Energy in the 2nd quarter valued at approximately $203,000. Kovack Advisors Inc. purchased a new stake in DTE Energy during the 4th quarter valued at approximately $202,000. Fairscale Capital LLC raised its position in shares of DTE Energy by 39.9% during the fourth quarter. Fairscale Capital LLC now owns 1,093 shares of the utilities provider’s stock valued at $142,000 after buying an additional 312 shares during the last quarter. DRW Securities LLC purchased a new position in shares of DTE Energy in the fourth quarter worth $202,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of DTE Energy in the fourth quarter worth $181,000. 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.