DTE Energy (DTE) PT Raised to $142 at Citi

DTE Energy Company (DTE) Begins Operating Sauk Solar

October 25, 2024 12:32 PM EDT

DTE Energy (NYSE: DTE) today announced that its largest solar park, Sauk Solar, is now operational. Located in central Michigans Branch County, the 150-megawatt solar park has nearly 347,000 solar panels and generates enough clean energy to power approximately 40,000 homes.

Sauk Solar is more than three times the size of DTEs second largest solar park in Lapeer. It is also the first of... More

DTE Energy (DTE) PT Raised to $145 at Wells Fargo

October 25, 2024 7:00 AM EDT

Wells Fargo analyst Neil Kalton raised the price target on DTE Energy (NYSE: DTE) to $145.00 (from $133.00) while maintaining a Overweight rating.... More

Guggenheim Reiterates Neutral Rating on DTE Energy (DTE)

October 24, 2024 11:53 AM EDT

Guggenheim analyst Shahriar Pourreza reiterated a Neutral rating and $129.00 price target on DTE Energy (NYSE: DTE).

The analyst comments "Key Message: DTE reported 3Q24 EPS with a strong beat despite another below average weather quarter, showing benefits of O&M flex programs, and we caught up with C-suite shortly after the call. DTE reiterated 2024 EPS guidance... More

JPMorgan Reiterates Neutral Rating on DTE Energy (DTE)

October 24, 2024 9:30 AM EDT

JPMorgan analyst Christopher Turnure reiterated a Neutral rating and $142.00 price target on DTE Energy (NYSE: DTE).

The analyst comments "Expect constructive gas rate order... Near term, DTE remains on our Positive Catalyst Watch into the next Michigan Public Service Commission (MPSC)... More

DTE Energy beats quarterly profit estimates, boosted by higher rates

October 24, 2024 8:32 AM EDT

(Reuters) - Electric and gas utility DTE Energy beat Wall Street estimates for third-quarter profit on Thursday, as higher supply rates and warmer weather helped performance of its electricity unit.

Shares of the company gained 1% in premarket trading.

On an adjusted basis, the Michigan-based company reported operating profit of $2.22 per share for the three months ended September 30, compared with analysts' average estimate of $1.88 per share, according to data compiled by... More

DTE Energy (DTE) Tops Q3 EPS by 41c; offers guidance

October 24, 2024 7:03 AM EDT

DTE Energy (NYSE: DTE) reported Q3 EPS of $2.22, $0.41 better than the analyst estimate of $1.81.

GUIDANCE:

DTE Energy sees FY2024 EPS of $6.54-$6.83, versus the consensus of $6.71.

For earnings history and earnings-related data on DTE Energy (DTE) click here.

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