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

DTE Energy (NYSE:DTE) 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 research firms have recently weighed in on DTE. StockNews.com cut DTE Energy from a “hold” rating to a “sell” rating in a research note on Thursday. Guggenheim upgraded DTE Energy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company boosted their price target on DTE Energy from $133.00 to $145.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Scotiabank boosted their price target on DTE Energy from $137.00 to $147.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. Finally, UBS Group upgraded DTE Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $129.00 to $143.00 in a research note on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $136.25.

DTE Energy Price Performance

NYSE DTE opened at $129.21 on Friday. The business’s fifty day moving average is $121.09 and its 200 day moving average is $122.97. DTE Energy has a fifty-two week low of $103.06 and a fifty-two week high of $131.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.83. The company has a market capitalization of $26.76 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 2.25 and a beta of 0.68.

DTE Energy (NYSE:DTE) last posted its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.01. DTE Energy had a return on equity of 13.42% and a net margin of 12.33%. Sell-side analysts predict that DTE Energy will post 6.77 earnings per share for the current year.

DTE Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 17th will be paid a $1.09 dividend. The ex-dividend date is Monday, March 17th. This represents a $4.36 dividend on an annualized basis and a yield of 3.37%. DTE Energy’s payout ratio 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.