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 -.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Scotiabank raised their price target on shares of DTE Energy from $137.00 to $147.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. StockNews.com upgraded shares of DTE Energy from a “sell” rating to a “hold” rating in a research note on Friday, January 24th. Guggenheim upgraded DTE Energy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Jefferies Financial Group began coverage on DTE Energy in a report on Monday, October 21st. They set a “hold” rating and a $137.00 price objective on the stock. Finally, UBS Group upgraded DTE Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $129.00 to $143.00 in a report on Tuesday, December 3rd. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, DTE Energy currently has an average rating of “Moderate Buy” and an average price target of $136.25.

DTE Energy Stock Up 2.6 %

NYSE DTE traded up $3.27 on Thursday, hitting $127.46. The stock had a trading volume of 1,330,323 shares, compared to its average volume of 1,107,780. The business’s fifty day moving average price is $120.98 and its 200 day moving average price is $122.94. The stock has a market cap of $26.40 billion, a price-to-earnings ratio of 17.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.68. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.83 and a quick ratio of 0.62. DTE Energy has a 52-week low of $103.06 and a 52-week high of $131.66.

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, topping 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%. Equities research analysts anticipate that DTE Energy will post 6.77 earnings per share for the current year.

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th will be issued a dividend of $1.09 per share. The ex-dividend date is Monday, March 17th. This represents a $4.36 annualized dividend and a dividend yield of 3.42%. DTE Energy’s dividend payout ratio (DPR) is currently 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.