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

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on DTE. KeyCorp cut DTE Energy from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, December 4th. UBS Group raised shares of DTE Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $129.00 to $143.00 in a research note on Tuesday, December 3rd. Guggenheim raised shares of DTE Energy from a “neutral” rating to a “buy” rating in a report 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. Finally, Jefferies Financial Group started coverage on DTE Energy in a research note on Monday, October 21st. They issued a “hold” rating and a $137.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, DTE Energy has an average rating of “Moderate Buy” and an average price target of $136.25.

DTE Energy Price Performance

DTE Energy stock traded up $2.85 during midday trading on Thursday, reaching $127.04. 802,384 shares of the company were exchanged, compared to its average volume of 1,087,079. The company has a market capitalization of $26.31 billion, a price-to-earnings ratio of 17.21, a P/E/G ratio of 2.25 and a beta of 0.68. 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 firm’s 50-day simple moving average is $120.98 and its 200-day simple moving average is $122.94. DTE Energy has a 1 year low of $103.06 and a 1 year high of $131.66.

DTE Energy (NYSE:DTE) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts anticipate that DTE Energy will post 6.77 EPS for the current year.

DTE Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 17th will be issued 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 3.43%. DTE Energy’s payout ratio is 59.08%.

About DTE Energy

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.