Q1 2025 EPS Estimates for DTE Energy (NYSE:DTE) Cut by Analyst

DTE Energy (NYSE:DTE) – Equities researchers at Zacks Research reduced their Q1 2025 EPS estimates for DTE Energy in a research report issued on Wednesday, October 9th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.85 per share for the quarter, down from their prior forecast of $1.86. 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 $1.45 EPS and Q4 2025 earnings at $2.17 EPS.

A number of other brokerages have also weighed in on DTE. StockNews.com raised DTE Energy from a “sell” rating to a “hold” rating in a report on Sunday, August 11th. BMO Capital Markets increased their price target on shares of DTE Energy from $126.00 to $135.00 and gave the company a “market perform” rating in a report on Friday, September 6th. Mizuho raised their price target on DTE Energy from $121.00 to $133.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Morgan Stanley raised their price target on DTE Energy from $121.00 to $128.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. Finally, Wells Fargo & Company upped their target price on DTE Energy from $125.00 to $133.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.42.

DTE Energy Trading Up 1.4 %

Shares of DTE stock opened at $127.36 on Monday. The company has a market capitalization of $26.36 billion, a P/E ratio of 20.84, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 1.73. The business’s 50 day moving average is $124.56 and its two-hundred day moving average is $116.94. DTE Energy has a twelve month low of $92.58 and a twelve month high of $129.53.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Thursday, July 25th. The utilities provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.21 by $0.22. DTE Energy had a return on equity of 12.18% and a net margin of 11.18%. The company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share.

Institutional Investors Weigh In On DTE Energy

Hedge funds have recently made changes to their positions in the business. ESL Trust Services LLC purchased a new stake in shares of DTE Energy during the first quarter worth $27,000. Rise Advisors LLC boosted its stake in DTE Energy by 89.6% during the first quarter. Rise Advisors LLC now owns 273 shares of the utilities provider’s stock worth $31,000 after buying an additional 129 shares in the last quarter. Ridgewood Investments LLC bought a new stake in DTE Energy in the second quarter valued at about $31,000. Denali Advisors LLC acquired a new stake in DTE Energy during the first quarter valued at approximately $34,000. Finally, Salomon & Ludwin LLC raised its holdings in shares of DTE Energy by 82.3% in the 1st quarter. Salomon & Ludwin LLC now owns 432 shares of the utilities provider’s stock worth $48,000 after buying an additional 195 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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.