DTE Energy CompanyNYSE: DTE
Utilities · Multi-Utilities
$147.64
+0.30%
Vol: 1.0M
Research Digest
Friday, June 19, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21DTE Energy launched 1,000 MW renewable RFP on May 15 and Truist cut price target to $158Mixed▶
DTE Energy on May 15, 2026 issued a Request for Proposal for 1,000 megawatts of new renewable energy projects to support its CleanVision Integrated Resource Plan. The board declared a $1.165 per share quarterly dividend payable July 15. Truist lowered the price target to $158 from $165 on May 18, and J.P. Morgan issued a Hold rating. Shares have declined about 5.5% in May amid utility sector dynamics, though analysts see $156.75 target implying 11.5% upside. The company continues to highlight data center growth opportunities including Oracle and Google projects. Risk: Q1 adjusted EPS of $1.95 missed consensus estimate of $2.03, raising near-term execution concerns.
May 20DTE Energy issues RFP on May 18 for 1 GW of solar and wind capacity under its CleanVision IRP.Mixed▶
DTE Energy on May 15-18, 2026 issued a Request for Proposal for renewable energy projects totaling 1,000 MW supporting DTE Electric's CleanVision Integrated Resource Plan. A virtual pre-RFP conference is scheduled for May 26, with final bids due August 13, 2026 and contract execution targeted for Q1 2027; all assets must reach commercial operation by December 31, 2029. This complements its $36.5B five-year capital plan and 2026 operating EPS guidance of $7.59-$7.73, supported by Oracle and Google data center load growth. The May 7 annual meeting approved governance and compensation resolutions, and the board declared a $1.165/share dividend payable July 15. Q1 2026 adjusted EPS of $1.95 missed the $2.03 consensus; JPMorgan cut its price target to $155 from $160 on May 12.
May 19DTE Energy opens 1 GW renewables RFP on May 15 and declares $1.165 dividend; JPMorgan trims PT to $155Mixed▶
On May 15, 2026, DTE Energy issued a Request for Proposal for renewable energy projects totaling 1,000 MW supporting DTE Electric's CleanVision Integrated Resource Plan, with a pre-RFP conference May 26, bids due August 13, 2026, and contract execution targeted for Q1 2027. The board declared a $1.165 per share quarterly dividend on May 7, payable July 15, alongside the annual shareholder meeting where governance and executive comp resolutions passed. Q1 2026 adjusted EPS of $1.95 missed the $2.03 consensus, on revenue of $5.14B and net income of $247M. JPMorgan lowered its price target to $155 from $160 on May 12, 2026. Shares traded around $142 with a 3.2% yield. Risk: EPS miss and PT cut weigh against the long-term $36.5B investment plan and data-center-driven growth narrative.
May 18DTE Energy shareholders re-elected all 13 directors at May 7 annual meeting; JPMorgan cut PT to $155 from $160 on May 12 amid 5.5% monthly stock declineMixed▶
DTE Energy held its annual shareholder meeting May 7 with all 13 director nominees re-elected including CEO Gerardo Norcia, and ratified PwC as auditor for 2026. The board declared a $1.165/share dividend payable July 15. DTE outlined 2026 operating EPS of $7.59-$7.73 supported by a $36.5B five-year capital plan and major Oracle/Google data center projects driving load growth. Q1 2026 adjusted EPS of $1.95 missed the $2.03 estimate; revenue was $5.14B. Shares declined 5.5% in May trading around $142, with JPMorgan lowering PT to $155 from $160 on May 12. Next ex-dividend date was May 15.
May 15DTE Energy shareholders elect all 13 directors and approve $1.165 dividend at May 7 annual meetingMixed▶
At its May 7, 2026 annual meeting, DTE Energy shareholders elected all 13 director nominees including Chair/CEO Gerardo Norcia to one-year terms, ratified PwC as auditor, and approved executive compensation on advisory basis. The board declared a $1.165 per share dividend payable July 15, 2026 to holders of record June 22. Q1 2026 adjusted EPS of $1.95 missed the $2.03 consensus on revenue of $5.14B, though management remains on track for high-end of full-year EPS guidance, citing data center demand. Barclays cut its price target to $154 from $156 (Equal Weight) on May 4, while Mizuho raised its target to $165 from $155 on hyperscale data center growth. Shares trade near $142 with consensus target of $156.75 implying ~11.5% upside.
May 14DTE Energy shareholders approve board at May 7 annual meeting; Mizuho raises PT on data center growth, Barclays cuts to $154Mixed▶
DTE Energy held its annual shareholder meeting on May 7, 2026, with all 13 directors re-elected and PwC ratified as auditor. The board declared a $1.165 quarterly dividend payable July 15. Q1 2026 adjusted EPS of $1.95 missed the $2.03 consensus, but DTE maintained its 2026 EPS guidance of $7.59-$7.73. Mizuho raised its price target on May 1 citing hyperscale data center demand from Amazon, Google, and Microsoft expanding in the Midwest. Barclays lowered its target to $154 from $156 on May 4, maintaining Equal Weight.
May 13Mizuho raised DTE's price target to $165 from $155 on data-center demand, while Barclays trimmed to $154 amid mixed Q1 earnings.Mixed▶
DTE Energy faced split analyst views in early May: Mizuho lifted its target to $165 (Outperform) citing hyperscale data-center power demand growth in the Midwest, while Barclays cut to $154 from $156 on May 4. The board declared a $1.165 quarterly dividend on May 7 payable July 15. DTE reaffirmed 2026 operating EPS guidance of $7.59-$7.73 despite Q1 EPS of $1.95 missing $2.03 consensus. Shares declined ~5.5% in May trading near $140-142, leaving roughly 11% upside to consensus targets. Risk is regulatory pressure on capital recovery and weather-driven volume variability.
May 12DTE Energy declared a $1.165 quarterly dividend on May 7, 2026 and saw mixed analyst action with Mizuho raising its target to $165 and Barclays cutting to $154.Mixed▶
DTE Energy's Board declared a $1.165 per share quarterly dividend on May 7, 2026, payable July 15 to holders of record June 22. Mizuho raised its price target to $165 from $155 on May 1, while Barclays lowered its target to $154 from $156 on May 4 following Q1 results, maintaining Equal Weight. Q1 operating EPS came in at $1.95 versus $2.03 consensus, and DTE reaffirmed 2026 operating EPS guidance of $7.59-$7.73. Shares declined 5.5% in May amid utility sector dynamics, closing at $140.60 on May 8 after hitting an all-time closing high of $151.69 on April 30. Director Charles McClure received 1,230 phantom stock units on May 7.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| DTEDTE | $147.64 | +0.30% | +2.0% | 18.4x | 0.38 | $32.0B |
| NEENEXTERA | $86.62 | +1.04% | +0.8% | 20.1x | 0.67 | $184.2B |
| DDOMINION | $68.51 | +0.72% | +0.7% | 18.3x | 0.64 | $61.3B |
| SRESEMPRA | $90.62 | +0.41% | +0.4% | 16.8x | 0.57 | $60.8B |
| XELXCEL | $77.44 | -0.03% | +0.6% | 18.1x | 0.41 | $51.2B |
| EDCONSOLIDATED | $106.44 | -0.56% | +3.0% | 17.6x | 0.26 | $42.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.