Q2 Earnings Forecast for DTE Energy Issued By KeyCorp

DTE Energy Company (NYSE:DTE) – Stock analysts at KeyCorp issued their Q2 2026 EPS estimates for shares of DTE Energy in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp anticipates that the utilities provider will earn $1.13 per share for the quarter. The consensus estimate for DTE Energy’s current full-year earnings is $7.71 per share. KeyCorp also issued estimates for DTE Energy’s Q3 2026 earnings at $2.46 EPS and Q4 2026 earnings at $2.17 EPS.

A number of other research analysts also recently issued reports on DTE. Bank of America reissued a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of DTE Energy in a research note on Wednesday. TD Cowen started coverage on DTE Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 target price for the company. BMO Capital Markets dropped their price target on DTE Energy from $152.00 to $148.00 and set a “market perform” rating on the stock in a research note on Wednesday. Finally, Weiss Ratings cut DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $158.38.

DTE Energy Stock Performance

Shares of DTE Energy stock opened at $149.52 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 2.04. The business has a 50-day moving average price of $147.53 and a two-hundred day moving average price of $144.26. DTE Energy has a 1-year low of $126.23 and a 1-year high of $155.74. The company has a market cap of $31.11 billion, a P/E ratio of 24.63, a PEG ratio of 3.26 and a beta of 0.38.

DTE Energy (NYSE:DTE) last announced its earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the business earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DTE. Vanguard Group Inc. grew its stake in DTE Energy by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 26,305,533 shares of the utilities provider’s stock valued at $3,392,888,000 after acquiring an additional 766,499 shares during the period. Capital Research Global Investors increased its holdings in shares of DTE Energy by 3.1% during the fourth quarter. Capital Research Global Investors now owns 12,447,948 shares of the utilities provider’s stock valued at $1,605,539,000 after acquiring an additional 379,443 shares in the last quarter. State Street Corp raised its position in shares of DTE Energy by 2.5% during the fourth quarter. State Street Corp now owns 11,078,346 shares of the utilities provider’s stock worth $1,441,776,000 after purchasing an additional 272,068 shares during the period. Geode Capital Management LLC raised its position in shares of DTE Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 5,592,670 shares of the utilities provider’s stock worth $718,668,000 after purchasing an additional 117,322 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of DTE Energy by 1.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,084,544 shares of the utilities provider’s stock worth $451,022,000 after purchasing an additional 40,346 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at DTE Energy

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

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued 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 currently 76.77%.

Key Stories Impacting DTE Energy

Here are the key news stories impacting DTE Energy this week:

• Positive Sentiment: KeyCorp raised its long-term earnings estimates for DTE Energy, projecting EPS growth from $7.71 in FY2026 to $10.37 in FY2030, which signals confidence in the company’s multi-year earnings trajectory.
• Positive Sentiment: KeyCorp’s FY2027, FY2028, and FY2029 EPS forecasts of $8.26, $8.90, and $9.61, respectively, reinforce the view that DTE Energy could deliver steady utility-style earnings expansion over time.
• Positive Sentiment: A recent Q2 2026 earnings preview highlighted DTE Energy as a regulated utility with data center tailwinds, a theme that can support investor expectations for demand growth.
• Neutral Sentiment: KeyCorp’s Q2, Q3, and Q4 2026 EPS estimates were $1.13, $2.46, and $2.17, matching or framing the company’s near-term earnings path but not materially changing the broader outlook.
• Neutral Sentiment: Political and policy-related headlines involving Michigan energy issues and DTE appeared in the news flow, but they did not include direct operational changes for the company.
• Negative Sentiment: BMO Capital Markets lowered its price target on DTE Energy to $148 from a prior level, which may have added some caution around the stock’s valuation.

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.