DTE Energy (NYSE:DTE) Issues FY 2026 Earnings Guidance

DTE Energy (NYSE:DTE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 7.590-7.730 for the period, compared to the consensus EPS estimate of 7.720. The company issued revenue guidance of -.

DTE Energy Stock Performance

Shares of NYSE:DTE traded down $1.19 during trading on Friday, reaching $150.50. The company had a trading volume of 451,211 shares, compared to its average volume of 1,382,383. The firm has a market capitalization of $31.31 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 3.21 and a beta of 0.43. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55. The stock’s fifty day moving average price is $147.10 and its 200 day moving average price is $139.34. DTE Energy has a fifty-two week low of $126.23 and a fifty-two week high of $154.63.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.03 by ($0.08). The company had revenue of $5.14 billion during the quarter, compared to analyst estimates of $4.37 billion. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. During the same period in the previous year, the firm posted $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, equities research analysts predict that DTE Energy will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 16th were issued a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, March 16th. DTE Energy’s dividend payout ratio is currently 66.38%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DTE shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of DTE Energy in a report on Wednesday, January 21st. Barclays upped their price objective on DTE Energy from $151.00 to $156.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 17th. Bank of America reaffirmed a “buy” rating on shares of DTE Energy in a report on Wednesday, April 22nd. Truist Financial started coverage on DTE Energy in a report on Monday, April 20th. They set a “buy” rating and a $165.00 price objective on the stock. Finally, BMO Capital Markets dropped their price objective on DTE Energy from $157.00 to $148.00 and set a “market perform” rating on the stock in a report on Thursday, March 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.00.

Key DTE Energy News

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

• Positive Sentiment: Won a major corporate customer and highlighted heavy utility investing — DTE announced an agreement to power Google’s new Michigan data center and said it invested more than $1.2 billion in Q1 (on pace for >$6B in 2026), supporting longer?term rate base growth and reliability improvements. DTE Energy reports first quarter 2026 accomplishments, investments and financial results
• Positive Sentiment: Analyst support — a recent survey showed a consensus price target near $155, giving upside from current levels and likely reinforcing buying interest. DTE Energy Company (NYSE:DTE) Receives $155.23 Consensus Price Target from Analysts
• Positive Sentiment: Analyst commentary views DTE as a quality utility buy — at least one analysis framed the stock as fairly valued and attractive for income/steady growth investors, which can attract longer?term inflows. DTE Energy Q1 Review: A Fairly Valued Quality Utility To Buy Now
• Neutral Sentiment: Revenue surprised to the upside — reported revenue was well above estimates ($5.14B vs. ~$4.37B), showing strong underlying customer activity even as EPS fell. Listen to Conference Call / View Press Release
• Neutral Sentiment: FY?2026 guidance roughly in line with expectations — DTE updated guidance to $7.590–$7.730, close to consensus, which reduces surprise risk but doesn’t materially change the outlook. View Press Release
• Negative Sentiment: EPS miss and YoY decline — Q1 EPS of $1.95 missed the Street ($2.03) and fell from $2.10 a year earlier, driven in part by a swing to a loss in the energy trading unit. That raised near-term earnings concerns. DTE Energy misses quarterly profit estimates as energy trading unit swings to loss
• Negative Sentiment: Regulatory/rate risk — DTE requested a $474M rate increase in Michigan and the state attorney general has pledged to intervene, creating near?term regulatory uncertainty that could limit allowed returns or delay recovery of investments. Michigan AG Nessel pushes back on DTE’s $474 million rate hike request

Institutional Trading of DTE Energy

A number of institutional investors have recently bought and sold shares of the company. State Street Corp boosted its position in 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 in the last quarter. Janus Henderson Group PLC lifted its position in shares of DTE Energy by 2.2% in the fourth quarter. Janus Henderson Group PLC now owns 3,044,198 shares of the utilities provider’s stock valued at $392,641,000 after acquiring an additional 65,080 shares in the last quarter. Boston Partners lifted its position in shares of DTE Energy by 2.1% in the third quarter. Boston Partners now owns 2,556,911 shares of the utilities provider’s stock valued at $361,625,000 after acquiring an additional 53,447 shares in the last quarter. Invesco Ltd. lifted its position in shares of DTE Energy by 3.1% in the fourth quarter. Invesco Ltd. now owns 2,521,165 shares of the utilities provider’s stock valued at $325,180,000 after acquiring an additional 75,696 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of DTE Energy by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,353,770 shares of the utilities provider’s stock valued at $174,609,000 after acquiring an additional 16,203 shares in the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

DTE Energy Company Profile

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.