DTE Energy Company

NYSE:DTE Stock Report

Market Cap: US$28.3b

DTE Energy Future Growth

Future criteria checks 1/6

DTE Energy is forecast to grow earnings and revenue by 12.3% and 3.4% per annum respectively. EPS is expected to grow by 10.6% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

12.3%

Earnings growth rate

10.62%

EPS growth rate

Integrated Utilities earnings growth5.3%
Revenue growth rate3.4%
Future return on equity12.83%
Analyst coverage

Good

Last updated27 Aug 2026

Recent future growth updates

Recent updates

Seeking Alpha • Jul 24

DTE Energy: Q2 Earnings Preview, A Regulated Utility With Data Center Tailwinds

Summary DTE Energy is rated Strong Buy with a $165 12-month price target, driven by robust data-center capex visibility and above-peer authorized ROE. The $36.5B five-year capex plan, supported by Google and Oracle contracts, underpins 6–8% long-term EPS growth at a 9.9% authorized ROE. DTE trades at a 7% forward P/E discount to peers, yet offers superior growth and regulatory outcomes, with disciplined capital allocation and dividend coverage. Key risks include MPSC regulatory decisions, coal plant retirements, weather impacts, and potential equity dilution from $500M–$600M anticipated issuance. Read the full article on Seeking Alpha
Analysis Article • Jun 21

DTE Energy (DTE) Stock Could Be 7.3% Undervalued After $1b Debt Deal

DTE Energy (DTE) is back in focus after issuing $1 billion of junior subordinated debentures and reaffirming operational guidance, moves that sit alongside fresh wins serving power hungry hyperscale data center customers. See our latest analysis for DTE Energy. DTE Energy’s reaffirmed guidance, dividend declaration and $1 billion hybrid debt deal come as the stock trades at $147.56, with a 13.19% year to date share price return and a 54.36% five year total shareholder return that signals...
Narrative Update • Jun 17

DTE: Battery Storage Buildout And Rate Actions Will Shape Future Earnings

Analysts have made a small upward adjustment to the DTE Energy price target to $159.25. This reflects updated fair value and future P/E assumptions, while core growth and margin inputs remain largely consistent.
Narrative Update • Jun 02

DTE: Clean Energy Buildout And Data Center Contracts Will Support Future Earnings

Analysts have nudged their price target on DTE Energy slightly lower from $160.25 to about $158.89, citing updated assumptions around long term revenue growth, profit margins, and future P/E levels. What's in the News DTE Energy plans to invest $1.6b with LG Energy Solution Vertech in eight Michigan battery storage projects, targeting 1.5 gigawatts of capacity over two years and an estimated $2.3b economic impact, according to company announcements and LG Energy Solution coverage.
Narrative Update • May 11

DTE: Future Earnings And Dividend Will Be Supported ByConfirmed 2026 EPS Outlook

Analysts have nudged their price target for DTE Energy higher to $160.25 from $158.35, citing updated assumptions around fair value, discount rate, revenue growth and profit margin, while keeping future P/E expectations broadly in line. What's in the News DTE Energy confirms 2026 operating EPS guidance in a range of $7.59 to $7.73.
Narrative Update • Apr 21

DTE: Future Earnings And Dividend Will Be Balanced By Legal Settlement Risk

Analysts now see DTE Energy's fair value at about $158.35 per share, up from roughly $155.04. They cite updated assumptions around revenue growth, profit margins and a modestly higher future P/E multiple.
Narrative Update • Apr 06

DTE: Future Earnings And Dividend Will Be Balanced By Legal Settlement Risk

Analysts have made a small upward adjustment to their DTE Energy price target to $155.04, citing updated assumptions around revenue growth, profit margins, the discount rate and the future P/E multiple. What's in the News DTE Energy issued earnings guidance for 2026, setting a range for operating EPS at $7.59 to $7.73 (company guidance).
Narrative Update • Mar 23

DTE: Future Earnings And Dividend Will Be Balanced By Legal Settlement Risk

Analysts have adjusted their fair value estimate for DTE Energy from $151.50 to about $154.35, reflecting updated views on long term revenue growth, profit margins, and future price-to-earnings assumptions. What's in the News DTE Energy confirmed its 2026 operating EPS guidance range of $7.59 to $7.73, giving investors a reference point for management’s current earnings expectations for that year (company guidance).
Narrative Update • Mar 08

DTE: Future Earnings And Dividend Will Be Balanced By Equity Offering

Analysts have reiterated their $151.50 price target on DTE Energy, citing unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. This keeps their outlook and valuation framework effectively steady.
Narrative Update • Feb 22

DTE: Future Earnings And Dividend Will Be Balanced By Equity Offering

Analysts have adjusted their price target on DTE Energy to $151.50 from $147.35. The change reflects updated views on fair value, revenue growth assumptions, profit margins and future P/E expectations.
Narrative Update • Feb 08

DTE: Future Earnings And Dividends Will Be Balanced By Equity Offering

Analysts now see DTE Energy’s fair value as broadly unchanged at about $147.35 per share versus $147.50 previously. The minor adjustment is tied to refreshed views on revenue growth, profit margin, and future P/E assumptions.
Narrative Update • Jan 23

DTE: Future Earnings And Dividend Will Be Balanced By Equity Issuance

Analysts have revised their fair value estimate for DTE Energy from $148.42 to $147.50, reflecting updated views on revenue growth, profit margins, and future P/E expectations. What's in the News DTE Energy filed a follow on equity offering of up to US$1.5b in common stock through an at the market program, indicating potential future issuance into the public market (Key Developments).
Narrative Update • Jan 08

DTE: Future Earnings Guidance And Dividend Path Will Support Upside

Analysts have trimmed their price target for DTE Energy slightly to about US$148 from roughly US$149, reflecting updated assumptions around revenue growth, profit margins, and future P/E levels. What's in the News DTE Energy filed a follow-on equity offering for up to US$1.5b of common stock via an at-the-market program, which could affect share count and capital structure once executed (Key Developments).
Narrative Update • Dec 24

DTE: Future Earnings And Dividend Stability Will Support Upside Potential

Analysts have nudged their price target on DTE Energy slightly lower by approximately $1.15, reflecting tempered long term revenue growth expectations, partially offset by modestly improved profit margin assumptions and a marginally lower discount rate. What's in the News DTE Energy filed a $1.5 billion at-the-market follow-on equity offering of its common stock, signaling plans to raise capital for ongoing investment and balance sheet needs (Key Developments).
Narrative Update • Dec 10

DTE: Stable Earnings Outlook And Dividend Will Support Upside Potential

Analysts have modestly increased their price target for DTE Energy to approximately 150.31 dollars from 150.31 dollars, reflecting largely unchanged expectations for discount rate, long term revenue growth and profit margin that continue to support a stable valuation framework. What's in the News DTE Energy's Board of Directors declared a quarterly dividend of 1.165 dollars per share on common stock, payable January 15, 2026, to shareholders of record as of December 15, 2025 (company announcement) The company confirmed its 2025 operating EPS guidance in the range of 7.09 to 7.23 dollars (company guidance) DTE Energy issued an early outlook for 2026 operating EPS of 7.59 to 7.73 dollars (company guidance) Valuation Changes Fair Value Estimate, unchanged at approximately 150.31 dollars per share, indicating no material revision to intrinsic valuation.
Narrative Update • Nov 25

DTE: Earnings Guidance Through 2026 Will Support Profit Margins And Stability

Analysts have raised their price target for DTE Energy from $149.54 to $150.31. They cite a moderate improvement in revenue growth and profit margin forecasts as the reason for this adjustment.
Narrative Update • Nov 11

DTE: Earnings Guidance And Profit Margins Will Support Fair Valuation

Analysts have slightly increased their price target for DTE Energy from $149.00 to $149.54, citing minor improvements in profit margin and future price-to-earnings projections, even though revenue growth estimates are moderating. What's in the News DTE Energy Company confirmed its earnings guidance for the year 2025, with an operating EPS guidance range of $7.09 to $7.23 (Key Developments).
Narrative Update • Oct 28

Hyperscale Demand And Renewables Will Drive Grid Modernization

DTE Energy Analyst Price Target Rises Slightly Analysts have increased their price target for DTE Energy from $147.17 to $149.00. They cite modest improvements in profit margin forecasts and stable discount rates as supporting factors.
Narrative Update • Oct 13

Hyperscale Demand And Renewables Will Drive Grid Modernization

Analysts have modestly increased their price target for DTE Energy, raising it from $145.62 to $147.17. This adjustment reflects slight improvements in projected profit margins and valuation multiples.
Seeking Alpha • Apr 25

DTE Energy: The Upside Appears To Be Limited From Here

Summary DTE Energy Company serves customers in both the US and Canada. It is composed of two regulated utility business segments and two unregulated segments. DTE stock has risen just over 22% in the last 12 months, the stock is only up 31.4% in the last five years. The company has been improving margins and making solid investments for the future, but the current stock price seems to fully value its strengths. The regulatory environment in Michigan seems challenging, with approvals for recent rate increases falling 11% to 15% below national averages. DTE is a reasonable stock to hold for conservative dividend investors, but I would not be adding to any positions at this time. Read the full article on Seeking Alpha
Seeking Alpha • Feb 22

DTE Energy: This High-Quality Utility Remains A Buy Now

Summary Since my previous article, shares of DTE Energy Company have significantly outperformed the S&P 500 index. The utility upped its five-year capital spending plan by 20% versus its previous plan. DTE Energy possesses a BBB credit rating from S&P on a stable outlook. The regulated utility looks to be priced at a 4% discount to fair value, which could make it a smart long-term buy. DTE stock appears to be set up for at least 10% annual total returns over the next few years. Read the full article on Seeking Alpha
Seeking Alpha • Dec 14

DTE Energy: Buy Now After The Recent Dividend Hike

Summary Earlier this month, DTE Energy upped its payout for the 15th consecutive year. The company surpassed analysts' expectations for operating revenue and operating EPS in the third quarter. DTE Energy's interest coverage and debt-to-capital ratios point to a financially stable utility. Shares could be trading at a 9% discount to fair value. DTE Energy could be poised for 27% cumulative total returns by the end of 2026. Read the full article on Seeking Alpha
Seeking Alpha • Sep 26

DTE Energy: This Great Utility Remains Buyable Now

Summary High-quality utilities can offer safe and consistently growing income to shareholders. DTE Energy's operating revenue and operating EPS surged higher in Q2. The utility enjoys investment-grade credit ratings from the major rating agencies. DTE Energy's shares look to be priced 5% below fair value. The utility could be poised to deliver at least 10% annual total returns through 2026. Read the full article on Seeking Alpha
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New Narrative • Aug 20

A Strategy For Growth, Sustainability, And Enhanced Reliability

DTE Energy's improvements in service quality and storm restoration, alongside renewable energy investments, aim to enhance reliability and align with sustainability goals.

Earnings and Revenue Growth Forecasts

NYSE:DTE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202817,2971,983-1,7704,45911
12/31/202716,5741,810-2,2544,05712
12/31/202616,0491,505-2,0553,64011
6/30/202616,4651,314-1,9473,359N/A
3/31/202616,5151,262-1,4903,295N/A
12/31/202515,8141,459-1,0203,409N/A
9/30/202514,8221,382-8683,445N/A
6/30/202514,2011,439-6483,571N/A
3/31/202513,6571,533-6683,621N/A
12/31/202412,4571,401-8243,643N/A
9/30/202412,4151,527-9373,404N/A
6/30/202412,3971,384-8883,262N/A
3/31/202412,2061,262-7103,338N/A
12/31/202312,7451,394-7143,220N/A
9/30/202313,8271,240-8542,940N/A
6/30/202316,1901,294-1,1232,600N/A
3/31/202318,4301,131-1,4582,093N/A
12/31/202219,2281,080-1,4011,977N/A
9/30/202219,3991,116-1,3622,107N/A
6/30/202217,863788-1,1422,287N/A
3/31/202215,960873-1,0492,818N/A
12/31/202114,964794-7053,067N/A
9/30/202113,397704-3813,288N/A
6/30/202112,7621,0172243,932N/A
3/31/202111,9821,0273553,693N/A
12/31/202011,4231,052-1603,697N/A
9/30/202011,4911,109-1973,529N/A
6/30/202011,5301,056-6612,963N/A
3/31/202012,1771,106N/A2,958N/A
12/31/201912,168953N/A2,649N/A
9/30/201913,2711,091N/A2,534N/A
6/30/201913,7021,106N/A2,614N/A
3/31/201913,9731,158N/A2,594N/A
12/31/201814,2121,118N/A2,680N/A
9/30/201813,7331,214N/A2,614N/A
6/30/201813,4281,150N/A2,367N/A
3/31/201813,1241,093N/A2,168N/A
12/31/201712,6071,132N/A2,117N/A
9/30/201712,210975N/A1,867N/A
6/30/201711,8931,044N/A1,991N/A
3/31/201711,3001,018N/A2,126N/A
12/31/201610,630866N/A2,084N/A
9/30/201610,243815N/A2,210N/A
6/30/20169,913742N/A2,012N/A
3/31/20169,919700N/A1,914N/A
12/31/201510,337725N/A1,916N/A
9/30/201510,928945N/A2,014N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DTE's forecast earnings growth (12.3% per year) is above the savings rate (3.7%).

Earnings vs Market: DTE's earnings (12.3% per year) are forecast to grow slower than the US market (17.4% per year).

High Growth Earnings: DTE's earnings are forecast to grow, but not significantly.

Revenue vs Market: DTE's revenue (3.4% per year) is forecast to grow slower than the US market (13.5% per year).

High Growth Revenue: DTE's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DTE's Return on Equity is forecast to be low in 3 years time (12.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:39
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DTE Energy Company is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Nicholas CampanellaBarclays
Michael LoneganBarclays