Zacks Research Estimates DTE Energy's Q1 Earnings (NYSE:DTE)

DTE Energy (NYSE:DTE - Free Report) - Equities research analysts at Zacks Research dropped their Q1 2025 EPS estimates for shares of DTE Energy in a report issued on Thursday, October 17th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.83 per share for the quarter, down from their prior forecast of $1.85. The consensus estimate for DTE Energy's current full-year earnings is $6.70 per share. Zacks Research also issued estimates for DTE Energy's Q2 2025 earnings at $1.42 EPS, Q3 2025 earnings at $1.70 EPS, Q4 2025 earnings at $2.22 EPS, FY2025 earnings at $7.17 EPS, Q1 2026 earnings at $1.84 EPS and Q3 2026 earnings at $1.49 EPS.

Several other equities analysts have also commented on the stock. LADENBURG THALM/SH SH began coverage on shares of DTE Energy in a report on Wednesday, August 14th. They set a "buy" rating and a $131.00 target price on the stock. StockNews.com raised DTE Energy from a "sell" rating to a "hold" rating in a research note on Sunday, August 11th. Barclays boosted their target price on DTE Energy from $128.00 to $137.00 and gave the company an "overweight" rating in a research note on Monday, October 7th. Mizuho increased their target price on DTE Energy from $121.00 to $133.00 and gave the company an "outperform" rating in a report on Tuesday, September 10th. Finally, Morgan Stanley lifted their price target on DTE Energy from $121.00 to $128.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 25th. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $129.83.

DTE Energy Price Performance

Shares of NYSE DTE traded up $0.41 during trading hours on Friday, reaching $128.85. 776,960 shares of the stock traded hands, compared to its average volume of 1,073,461. The company's 50-day simple moving average is $125.08 and its two-hundred day simple moving average is $117.22. The company has a market capitalization of $26.66 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. DTE Energy has a 52-week low of $92.58 and a 52-week high of $129.53. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 1.73.

DTE Energy (NYSE:DTE - Get Free Report) last released its earnings results on Thursday, July 25th. The utilities provider reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.22. DTE Energy had a return on equity of 12.18% and a net margin of 11.18%. The business had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.65 billion. During the same quarter in the prior year, the firm earned $0.99 earnings per share.

Institutional Investors Weigh In On DTE Energy

Several institutional investors and hedge funds have recently modified their holdings of DTE. Capital Research Global Investors raised its stake in DTE Energy by 1.2% in the first quarter. Capital Research Global Investors now owns 21,194,653 shares of the utilities provider's stock worth $2,376,768,000 after buying an additional 261,623 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of DTE Energy by 1.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,557,309 shares of the utilities provider's stock worth $616,938,000 after acquiring an additional 86,205 shares in the last quarter. Clearbridge Investments LLC raised its position in shares of DTE Energy by 224.7% in the 1st quarter. Clearbridge Investments LLC now owns 2,538,106 shares of the utilities provider's stock worth $284,623,000 after acquiring an additional 1,756,459 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of DTE Energy by 6,964.9% in the 1st quarter. Janus Henderson Group PLC now owns 2,090,350 shares of the utilities provider's stock valued at $234,410,000 after purchasing an additional 2,060,762 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of DTE Energy by 3.7% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,667,111 shares of the utilities provider's stock valued at $185,066,000 after purchasing an additional 59,811 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

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.