Zacks Research Predicts DTE Energy’s Q1 Earnings (NYSE:DTE)

DTE Energy Company (NYSE:DTE) – Research analysts at Zacks Research upped their Q1 2026 EPS estimates for shares of DTE Energy in a report released on Tuesday, December 9th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings per share of $1.71 for the quarter, up from their previous estimate of $1.70. 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 Q2 2026 earnings at $1.60 EPS, Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $2.42 EPS and Q2 2027 earnings at $2.10 EPS.

A number of other equities analysts have also recently issued reports on DTE. Bank of America raised their target price on DTE Energy from $153.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Scotiabank cut their target price on shares of DTE Energy from $147.00 to $146.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Jefferies Financial Group raised shares of DTE Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $149.00 to $150.00 in a report on Thursday. Morgan Stanley set a $144.00 price objective on shares of DTE Energy in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. reduced their target price on DTE Energy from $151.00 to $145.00 and set a “neutral” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, DTE Energy currently has an average rating of “Moderate Buy” and an average target price of $149.08.

DTE Energy Stock Down 0.7%

NYSE:DTE opened at $129.82 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.15 and a debt-to-equity ratio of 2.01. DTE Energy has a 12-month low of $116.30 and a 12-month high of $143.79. The stock’s fifty day simple moving average is $137.23 and its 200-day simple moving average is $136.53. The firm has a market capitalization of $26.96 billion, a P/E ratio of 19.49, a P/E/G ratio of 2.54 and a beta of 0.47.

DTE Energy (NYSE:DTE) last posted its quarterly earnings results on Thursday, October 30th. The utilities provider reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.15. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the previous year, the firm 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.

DTE Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be paid a $1.165 dividend. This represents a $4.66 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, December 15th. This is a positive change from DTE Energy’s previous quarterly dividend of $1.09. DTE Energy’s dividend payout ratio (DPR) is presently 65.47%.

Hedge Funds Weigh In On DTE Energy

Several hedge funds have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd acquired a new position in shares of DTE Energy during the 1st quarter worth approximately $567,000. Nordea Investment Management AB lifted its holdings in DTE Energy by 5.3% during the 2nd quarter. Nordea Investment Management AB now owns 208,818 shares of the utilities provider’s stock valued at $27,470,000 after purchasing an additional 10,586 shares during the last quarter. Laurel Wealth Advisors LLC boosted its position in DTE Energy by 13,146.2% during the second quarter. Laurel Wealth Advisors LLC now owns 25,830 shares of the utilities provider’s stock worth $3,421,000 after purchasing an additional 25,635 shares during the period. USA Financial Formulas acquired a new stake in shares of DTE Energy during the 2nd quarter worth about $912,000. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of DTE Energy by 5.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 70,033 shares of the utilities provider’s stock worth $9,277,000 after buying an additional 3,457 shares during the period. 76.06% of the stock is owned by institutional investors.

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.