What is KeyCorp’s Estimate for DTE Energy FY2025 Earnings?

DTE Energy Company (NYSE:DTE) – Analysts at KeyCorp issued their FY2025 earnings per share estimates for DTE Energy in a report issued on Wednesday, October 15th. KeyCorp analyst S. Karp forecasts that the utilities provider will earn $7.22 per share for the year. The consensus estimate for DTE Energy’s current full-year earnings is $7.18 per share. KeyCorp also issued estimates for DTE Energy’s FY2026 earnings at $7.76 EPS, FY2027 earnings at $8.35 EPS, FY2028 earnings at $8.93 EPS and FY2029 earnings at $9.52 EPS.

Several other equities analysts have also issued reports on the company. Barclays upped their price target on DTE Energy from $138.00 to $148.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. Wall Street Zen raised DTE Energy from a “sell” rating to a “hold” rating in a research note on Sunday. UBS Group increased their target price on DTE Energy from $148.00 to $158.00 and gave the company a “buy” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. increased their target price on DTE Energy from $145.00 to $147.00 and gave the company a “neutral” rating in a research note on Tuesday, July 15th. Finally, Morgan Stanley cut their target price on DTE Energy from $140.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, DTE Energy presently has an average rating of “Moderate Buy” and a consensus target price of $147.80.

DTE Energy Trading Down 0.7%

Shares of DTE opened at $142.30 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.94 and a debt-to-equity ratio of 1.96. DTE Energy has a 12-month low of $115.59 and a 12-month high of $143.79. The firm has a market capitalization of $29.54 billion, a PE ratio of 20.47, a price-to-earnings-growth ratio of 3.07 and a beta of 0.42. The stock’s fifty day simple moving average is $138.67 and its 200-day simple moving average is $136.12.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Tuesday, July 29th. The utilities provider reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.01). DTE Energy had a net margin of 10.16% and a return on equity of 12.72%. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.67 billion.

Insider Activity at DTE Energy

In other news, VP Lisa A. Muschong sold 1,600 shares of the firm’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $140.53, for a total transaction of $224,848.00. Following the sale, the vice president owned 4,153 shares of the company’s stock, valued at $583,621.09. This trade represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DTE Energy

A number of hedge funds have recently modified their holdings of DTE. Vanguard Group Inc. raised its position in shares of DTE Energy by 4.2% during the second quarter. Vanguard Group Inc. now owns 25,964,872 shares of the utilities provider’s stock worth $3,439,307,000 after purchasing an additional 1,042,589 shares during the period. Raymond James Financial Inc. raised its position in shares of DTE Energy by 176.5% during the second quarter. Raymond James Financial Inc. now owns 1,015,208 shares of the utilities provider’s stock worth $134,474,000 after purchasing an additional 648,007 shares during the period. Goldman Sachs Group Inc. raised its position in shares of DTE Energy by 65.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,612,925 shares of the utilities provider’s stock worth $223,019,000 after purchasing an additional 637,378 shares during the period. JPMorgan Chase & Co. raised its position in shares of DTE Energy by 57.4% during the first quarter. JPMorgan Chase & Co. now owns 1,405,516 shares of the utilities provider’s stock worth $194,341,000 after purchasing an additional 512,567 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of DTE Energy during the first quarter worth about $67,315,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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.