DTE Energy (NYSE:DTE) Issues 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 (EPS) guidance of 7.090-7.230 for the period, compared to the consensus estimate of 7.200. The company issued revenue guidance of -.

DTE Energy Price Performance

DTE Energy stock opened at $127.90 on Friday. DTE Energy has a one year low of $103.06 and a one year high of $131.66. The business has a fifty day moving average price of $120.98 and a 200-day moving average price of $122.94. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.83 and a quick ratio of 0.62. The firm has a market capitalization of $26.49 billion, a P/E ratio of 17.33, a PEG ratio of 2.25 and a beta of 0.68.

DTE Energy (NYSE:DTE) last released its quarterly earnings results 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%. As a group, equities research analysts forecast that DTE Energy will post 6.77 EPS for the current year.

DTE Energy Announces Dividend

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 $1.09 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $4.36 annualized dividend and a dividend yield of 3.41%. DTE Energy’s dividend payout ratio is currently 59.08%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DTE. BMO Capital Markets lifted their price objective on DTE Energy from $135.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, October 18th. Scotiabank lifted their price objective on DTE Energy from $137.00 to $147.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. StockNews.com downgraded DTE Energy from a “hold” rating to a “sell” rating in a report on Thursday. Morgan Stanley reduced their price target on DTE Energy from $131.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Finally, Wells Fargo & Company boosted their price target on DTE Energy from $133.00 to $145.00 and gave the company an “overweight” rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $136.25.

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.