DTE Energy (NYSE:DTE) Updates FY 2025 Earnings Guidance

DTE Energy (NYSE:DTE - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.090-7.230 for the period, compared to the consensus earnings per share estimate of 7.200. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. UBS Group raised shares of DTE Energy from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $129.00 to $143.00 in a research report on Tuesday, December 3rd. Guggenheim upgraded DTE Energy from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Wells Fargo & Company boosted their target price on DTE Energy from $133.00 to $145.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. KeyCorp downgraded shares of DTE Energy from an "overweight" rating to a "sector weight" rating in a research report on Wednesday, December 4th. Finally, Scotiabank increased their target price on shares of DTE Energy from $137.00 to $147.00 and gave the company a "sector outperform" rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $136.25.

DTE Energy Stock Performance

Shares of DTE traded up $1.40 during mid-day trading on Monday, hitting $129.21. 1,891,676 shares of the company's stock were exchanged, compared to its average volume of 1,108,923. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. DTE Energy has a fifty-two week low of $103.06 and a fifty-two week high of $131.66. The business's 50 day moving average is $121.24 and its two-hundred day moving average is $123.07. The firm has a market capitalization of $26.76 billion, a P/E ratio of 17.51, a P/E/G ratio of 2.25 and a beta of 0.68.

DTE Energy (NYSE:DTE - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.01. DTE Energy had a net margin of 12.33% and a return on equity of 13.42%. On average, equities analysts expect that DTE Energy will post 6.77 earnings per share for the current year.

DTE Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 3.37%. DTE Energy's dividend payout ratio (DPR) is presently 59.08%.

DTE Energy Company Profile

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.