Analysts Offer Predictions for DTE Energy FY2027 Earnings

DTE Energy (NYSE:DTE) – Seaport Res Ptn issued their FY2027 earnings per share (EPS) estimates for DTE Energy in a research note issued to investors on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski expects that the utilities provider will earn $8.42 per share for the year. The consensus estimate for DTE Energy’s current full-year earnings is $6.73 per share. Seaport Res Ptn also issued estimates for DTE Energy’s FY2028 earnings at $8.84 EPS.

Several other research analysts also recently weighed in on the stock. LADENBURG THALM/SH SH initiated coverage on shares of DTE Energy in a report on Wednesday, August 14th. They issued a “buy” rating and a $131.00 target price for the company. KeyCorp upped their price target on DTE Energy from $136.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. Morgan Stanley boosted their target price on shares of DTE Energy from $121.00 to $128.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Wells Fargo & Company raised their price objective on DTE Energy from $133.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Finally, Bank of America upped their price objective on DTE Energy from $131.00 to $136.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.46.

DTE Energy Trading Up 0.1 %

Shares of DTE stock opened at $124.21 on Friday. DTE Energy has a 1 year low of $92.58 and a 1 year high of $131.66. The firm has a fifty day moving average price of $125.89 and a 200-day moving average price of $118.36. The company has a market cap of $25.72 billion, a price-to-earnings ratio of 16.83, a PEG ratio of 2.25 and a beta of 0.67. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.83 and a quick ratio of 0.62.

Institutional Trading of DTE Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. ESL Trust Services LLC purchased a new position in DTE Energy during the 1st quarter worth $27,000. Ridgewood Investments LLC purchased a new position in shares of DTE Energy during the second quarter valued at $31,000. Salomon & Ludwin LLC raised its holdings in shares of DTE Energy by 82.3% in the first quarter. Salomon & Ludwin LLC now owns 432 shares of the utilities provider’s stock valued at $48,000 after acquiring an additional 195 shares in the last quarter. Fairscale Capital LLC purchased a new stake in DTE Energy in the second quarter worth about $54,000. Finally, Chilton Capital Management LLC bought a new position in DTE Energy during the 2nd quarter worth about $56,000. 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.