FY2026 Earnings Estimate for DTE Energy Issued By KeyCorp

DTE Energy Company (NYSE:DTE) – Investment analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for DTE Energy in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will post earnings per share of $7.71 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 quarterly 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 for the quarter, compared to the consensus estimate of $4.37 billion. DTE Energy had a return on equity of 12.37% and a net margin of 7.65%.During the same quarter last year, the firm posted $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS.

Other equities analysts also recently issued research reports about the stock. Barclays dropped their price target on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating for the company in a research note on Monday, May 4th. TD Cowen initiated coverage on DTE Energy in a report on Tuesday, July 7th. They set a “hold” rating and a $166.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating on shares of DTE Energy in a research report on Wednesday. JPMorgan Chase & Co. raised their price objective on DTE Energy from $155.00 to $162.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, BMO Capital Markets cut their price objective on DTE Energy from $152.00 to $148.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, DTE Energy presently has an average rating of “Moderate Buy” and a consensus target price of $158.38.

DTE Energy Trading Up 0.0%

DTE opened at $149.52 on Monday. 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 has a fifty-two week low of $126.23 and a fifty-two week high of $155.74. The company’s 50 day moving average price is $147.53 and its two-hundred day moving average price is $144.37. The firm has a market capitalization of $31.11 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 3.26 and a beta of 0.38.

DTE Energy Dividend Announcement

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

Insider Activity at DTE Energy

In related news, VP Lisa A. Muschong sold 1,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $143.72, for a total transaction of $143,720.00. Following the sale, the vice president owned 6,233 shares in the company, valued at $895,806.76. This represents a 13.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DTE Energy

Several institutional investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC bought a new position in shares of DTE Energy during the 4th quarter worth approximately $25,000. Key Financial Inc bought a new stake in shares of DTE Energy in the 1st quarter valued at $29,000. Torren Management LLC acquired a new position in shares of DTE Energy during the 4th quarter valued at $26,000. Quest 10 Wealth Builders Inc. lifted its position in shares of DTE Energy by 754.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 181 shares during the period. Finally, Elyxium Wealth LLC bought a new position in DTE Energy during the fourth quarter worth $29,000. 76.06% of the stock is owned by institutional investors and hedge funds.

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.