DTE Energy (NYSE:DTE) Releases Earnings Results, Beats Estimates By $0.13 EPS

DTE Energy (NYSE:DTE) announced its quarterly earnings data on Tuesday. The utilities provider reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.13, Briefing.com reports. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. DTE Energy had a return on equity of 12.81% and a net margin of 9.24%.During the same period in the prior year, the company earned $1.51 EPS. DTE Energy updated its FY 2026 guidance to 7.590-7.730 EPS.

Here are the key takeaways from DTE Energy’s conference call:

• Company beat guidance with $7.36 operating EPS in 2025 and provided 2026 operating EPS guidance of $7.59–$7.73 (6%–8% growth), citing RNG tax credits as a key driver to hit the high end.
• Executed and received approval for a 1.4 GW data center contract (construction started) and has ~3 GW in advanced discussions plus a 3–4 GW pipeline, which management says could materially upswing capital deployment and EPS growth and deliver ~$300M/year of customer affordability benefits at full ramp.
• Five‑year capital plan rose by $6.5 billion to $36.5 billion (including nearly $2 billion of storage for the 1.4 GW deal), and the company plans ~$500–$600M of annual equity issuance (incremental equity ~40% of new CapEx), which increases financing needs and raises dilution/interest expense risk.
• Reliability and clean‑energy execution strengthened — best all‑weather SAIDI in ~20 years (large outage‑duration improvement vs. 2023), ~2,500 MW renewable capacity online, and a target of ~900 MW of renewables per year with ITC safe‑harbor through 2029.
• Material regulatory and execution risks remain — new data center projects require commission approval and IRP inclusion, some local moratoriums and an Attorney General request to review special contracts could delay projects or add oversight (commission has a ~21‑day response window).

DTE Energy Stock Performance

Shares of DTE Energy stock opened at $142.55 on Thursday. The stock has a market cap of $29.60 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 2.66 and a beta of 0.49. DTE Energy has a twelve month low of $123.69 and a twelve month high of $154.63. The company’s fifty day moving average is $133.40 and its 200 day moving average is $136.26. The company has a quick ratio of 0.68, a current ratio of 1.15 and a debt-to-equity ratio of 2.01.

DTE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be issued a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, March 16th. DTE Energy’s payout ratio is 69.97%.

Analyst Ratings Changes

DTE has been the subject of a number of research reports. BMO Capital Markets dropped their target price on shares of DTE Energy from $151.00 to $148.00 and set a “market perform” rating for the company in a report on Wednesday, December 24th. Wells Fargo & Company lowered their price objective on shares of DTE Energy from $157.00 to $152.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. JPMorgan Chase & Co. dropped their price objective on shares of DTE Energy from $151.00 to $145.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of DTE Energy in a research note on Wednesday, January 21st. Finally, Morgan Stanley upped their price target on shares of DTE Energy from $142.00 to $143.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $149.85.

Institutional Investors Weigh In On DTE Energy

Institutional investors have recently made changes to their positions in the stock. DV Equities LLC acquired a new stake in shares of DTE Energy in the fourth quarter valued at about $37,000. Caitong International Asset Management Co. Ltd boosted its holdings in DTE Energy by 354.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 332 shares of the utilities provider’s stock valued at $47,000 after acquiring an additional 259 shares during the last quarter. Ossiam acquired a new stake in DTE Energy during the 2nd quarter valued at approximately $45,000. HM Payson & Co. increased its position in DTE Energy by 23.6% during the 4th quarter. HM Payson & Co. now owns 419 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 80 shares during the period. Finally, State of Wyoming raised its holdings in DTE Energy by 26.7% during the 4th quarter. State of Wyoming now owns 451 shares of the utilities provider’s stock worth $58,000 after purchasing an additional 95 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

DTE Energy News Summary

Here are the key news stories impacting DTE Energy this week:

• Positive Sentiment: DTE reported stronger-than-expected Q4 results and raised FY‑2026 EPS guidance (management gave $7.59–$7.73), signaling durable earnings and cash flow growth. Reuters: DTE beats Q4 profit estimates
• Positive Sentiment: Landmark data-center deals (Project Stargate with Oracle/OpenAI) create ~1.4 GW of new load with take-or-pay-style economics and management says more multi‑GW opportunities are in talks — this materially increases regulated load and supports a higher rate base. MarketBeat: DTE’s Stargate Deal
• Positive Sentiment: DTE increased its five‑year capital plan by ~$6.5B (to ~$36.5B) to fund data-center hookups and grid reliability — in a regulated utility model, more rate‑base investment typically translates into predictable earnings growth. MSN: DTE outlines EPS growth and capex increase
• Positive Sentiment: Analysts are turning constructive — Mizuho raised its price target (to $155) and an “outperform” thesis highlights upside tied to data‑center growth and the increased rate base. The Fly: Mizuho raises price target
• Neutral Sentiment: Details of the Saline (Stargate) deal are partially under NDA, creating short-term transparency questions and prompting a Michigan AG motion to revisit approval language — this slows clarity but doesn’t yet change the economics management disclosed. Detroit News: Deal details shrouded by NDA
• Negative Sentiment: A U.S. court ordered DTE and subsidiaries to pay a roughly $100M civil penalty for Clean Air Act violations at a Zug Island coke facility; some local reports cite higher figures (~$120M). The fine is a material one‑time hit and raises environmental/compliance scrutiny. Reuters: Court orders $100M penalty
• Negative Sentiment: Regulatory and political pushback (Michigan AG objections and potential reopening of approvals) could delay or change contract terms and cost recovery timing, introducing execution and timing risk for the Stargate economics. Crain’s: DTE sees data-center opportunity

About DTE Energy

DTE Energy is an integrated energy company headquartered in Detroit, Michigan, that combines regulated utility operations with non-utility energy businesses. Its regulated subsidiaries operate electric and natural gas utility services that deliver generation, transmission and distribution to residential, commercial and industrial customers. The company’s utility segment focuses on maintaining and upgrading energy delivery infrastructure, ensuring reliable service and meeting regulatory requirements in its service territory.

Beyond its regulated utilities, DTE Energy operates non-utility businesses that develop, own and operate power generation and energy-related projects.