DTE Energy Company (DTE), headquartered in Detroit, Michigan, develops and manages energy-related businesses and services. Valued at\u00a0$30.6 billion by market cap,\u00a0the company\u00a0generates, purchases, transmits, distributes, and sells electric energy. DTE is also involved in gas pipelines and storage, unconventional gas exploration, development, and production.\u00a0The utility giant is\u00a0expected to announce its fiscal\u00a0first-quarter earnings for 2026 in the near term.<\/p>\n
Ahead of the event, analysts expect DTE to report a\u00a0profit of $1.83 per share on a diluted basis, down 12.9% from\u00a0$2.10 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.<\/p>\n
For the full year, analysts expect DTE to report EPS of $7.71, up 4.8% from $7.36 in\u00a0fiscal 2025. Its EPS is expected to rise 7.9% year over year to $8.32 in fiscal 2027.<\/p>\n DTE stock has underperformed the S&P 500 Index\u2019s ($SPX) 34.9% gains over the past 52 weeks, with shares\u00a0up 10.1% during this period. Similarly, it underperformed the State Street Utilities Select Sector SPDR ETF\u2019s (XLU) 18.7% gains over the same time frame.<\/p>\n On Feb. 17, DTE shares closed down marginally after reporting its Q4 results. Its adjusted EPS of $1.65 beat Wall Street expectations of $1.52. DTE expects full-year adjusted EPS in the range of $7.59 to $7.73.<\/p>\n Analysts\u2019 consensus opinion on DTE stock is reasonably bullish, with a \u201cModerate Buy\u201d rating overall. Out of 17 analysts covering the stock, eight advise a \u201cStrong Buy\u201d rating, one suggests a \u201cModerate Buy,\u201d and eight give a \u201cHold.\u201d DTE\u2019s average analyst price target is $157.65, indicating a potential upside of 7.3% from the current levels.<\/p>\n On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally\u00a0published on Barchart.com <\/i><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>
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