Q3 Earnings Forecast for DTE Energy Issued By Zacks Research

DTE Energy (NYSE:DTE) – Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for DTE Energy in a research report issued on Monday, June 9th. Zacks Research analyst R. Department now expects that the utilities provider will earn $1.51 per share for the quarter, up from their previous estimate of $1.47. The consensus estimate for DTE Energy’s current full-year earnings is $7.18 per share. Zacks Research also issued estimates for DTE Energy’s Q4 2026 earnings at $2.78 EPS, FY2026 earnings at $7.71 EPS, Q1 2027 earnings at $2.24 EPS and FY2027 earnings at $8.32 EPS.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Thursday, May 1st. The utilities provider reported $2.10 EPS for the quarter, topping the consensus estimate of $1.98 by $0.12. DTE Energy had a net margin of 11.27% and a return on equity of 12.42%. The firm had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the business posted $1.67 earnings per share.

Several other research firms also recently issued reports on DTE. Barclays downgraded shares of DTE Energy from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $137.00 to $135.00 in a research note on Thursday, February 20th. BMO Capital Markets boosted their price objective 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. Wells Fargo & Company boosted their price objective on shares of DTE Energy from $145.00 to $154.00 and gave the stock an “overweight” rating in a research note on Friday, May 2nd. Guggenheim boosted their price objective 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. Finally, Morgan Stanley decreased their price objective on shares of DTE Energy from $136.00 to $134.00 and set an “overweight” rating for the company in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $140.93.

DTE Energy Price Performance

DTE opened at $135.11 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.71 and a debt-to-equity ratio of 1.77. DTE Energy has a 52-week low of $108.40 and a 52-week high of $140.39. The company has a 50 day moving average of $134.77 and a two-hundred day moving average of $129.18. The company has a market cap of $28.04 billion, a P/E ratio of 19.96, a P/E/G ratio of 2.41 and a beta of 0.45.

DTE Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 16th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $4.36 dividend on an annualized basis and a yield of 3.23%. DTE Energy’s dividend payout ratio (DPR) is 58.92%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new position in DTE Energy during the 1st quarter valued at $1,915,000. Jacobi Capital Management LLC boosted its stake in DTE Energy by 5.1% during the 1st quarter. Jacobi Capital Management LLC now owns 4,446 shares of the utilities provider’s stock valued at $615,000 after acquiring an additional 216 shares during the last quarter. Intech Investment Management LLC boosted its stake in DTE Energy by 6.5% during the 1st quarter. Intech Investment Management LLC now owns 12,687 shares of the utilities provider’s stock valued at $1,754,000 after acquiring an additional 773 shares during the last quarter. Focus Partners Wealth boosted its stake in DTE Energy by 3.6% during the 1st quarter. Focus Partners Wealth now owns 181,905 shares of the utilities provider’s stock valued at $25,152,000 after acquiring an additional 6,375 shares during the last quarter. Finally, Integrity Alliance LLC. bought a new position in DTE Energy during the 1st quarter valued at $406,000. 76.06% of the stock is currently owned by institutional investors.

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.