DTE Energy (DTE) Expected to Announce Earnings on Thursday

DTE Energy (NYSE:DTE) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect DTE Energy to post earnings of $1.98 per share and revenue of $3.33 billion for the quarter. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS.

DTE Energy (NYSE:DTE) last announced its earnings results on Thursday, February 13th. The utilities provider reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.01. DTE Energy had a net margin of 11.27% and a return on equity of 12.42%. On average, analysts expect DTE Energy to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

DTE Energy Price Performance

Shares of NYSE:DTE opened at $135.92 on Tuesday. The company has a 50-day simple moving average of $133.49 and a 200-day simple moving average of $126.44. DTE Energy has a one year low of $108.40 and a one year high of $140.39. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.46 and a current ratio of 0.71. The stock has a market capitalization of $28.21 billion, a price-to-earnings ratio of 20.08, a PEG ratio of 2.41 and a beta of 0.49.

DTE Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th were paid a dividend of $1.09 per share. The ex-dividend date was Monday, March 17th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 3.21%. DTE Energy’s dividend payout ratio (DPR) is 64.40%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DTE shares. Barclays lowered shares of DTE Energy from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $137.00 to $135.00 in a research note on Thursday, February 20th. BMO Capital Markets boosted their price target on shares of DTE Energy from $135.00 to $142.00 and gave the stock a “market perform” rating in a research note on Monday, April 21st. Guggenheim boosted their price target on shares of DTE Energy from $139.00 to $147.00 and gave the stock a “buy” rating in a research note on Friday, March 21st. StockNews.com upgraded shares of DTE Energy from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Morgan Stanley boosted their price target on shares of DTE Energy from $131.00 to $136.00 and gave the stock an “overweight” rating in a research note on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, DTE Energy has a consensus rating of “Moderate Buy” and a consensus target price of $139.17.

Insider Transactions at DTE Energy

In related news, SVP Joann Chavez sold 7,062 shares of DTE Energy stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $132.40, for a total transaction of $935,008.80. Following the completion of the sale, the senior vice president now owns 14,067 shares in the company, valued at approximately $1,862,470.80. This trade represents a 33.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Tracy J. Myrick sold 1,014 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $129.92, for a total transaction of $131,738.88. Following the completion of the transaction, the chief accounting officer now owns 3,437 shares in the company, valued at approximately $446,535.04. This trade represents a 22.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,877 shares of company stock valued at $1,559,205 in the last ninety days. Corporate insiders own 0.33% 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.