DTE Energy(DTE)

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DTE Energy completes its third new solar park of 2025, while partnering with communities to drive economic development in local townships
Prnewswire· 2025-06-11 16:53
Polaris Solar Park will power more than 23,000 homes with clean, renewable energy and deliver millions in tax revenuesDETROIT, June 11, 2025 /PRNewswire/ -- DTE Energy (NYSE: DTE), Michigan's largest producer of and investor in renewable energy, announced at a ribbon-cutting ceremony today that it has completed construction on its Polaris Solar Park. Located in Washington and North Star Townships in Gratiot County, the 100-megawatt solar park will generate enough clean energy to power more than 23,000 homes ...
Why DTE Energy (DTE) is a Great Dividend Stock Right Now
ZACKS· 2025-06-06 16:46
Company Overview - DTE Energy is headquartered in Detroit and operates in the Utilities sector, specifically in Electric Power [3] - The company's stock has experienced a price change of 9.9% year-to-date [3] Dividend Information - DTE Energy currently pays a dividend of $1.09 per share, resulting in a dividend yield of 3.29%, which is higher than the Utility - Electric Power industry's yield of 3.25% and the S&P 500's yield of 1.56% [3] - The annualized dividend of DTE Energy is $4.36, reflecting a 5.1% increase from the previous year [4] - Over the last 5 years, DTE Energy has increased its dividend 4 times year-over-year, with an average annual increase of 1.01% [4] - The current payout ratio for DTE Energy is 60%, indicating that the company pays out 60% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - DTE Energy is expected to see earnings growth in the current fiscal year, with the Zacks Consensus Estimate for 2025 at $7.24 per share, representing a year-over-year growth rate of 6% [5] Investment Considerations - DTE Energy is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
RDTE: Options Do Not Save Stocks
Seeking Alpha· 2025-05-31 11:59
Group 1 - Buy-write equity funds are primarily designed to extract dividends from equities rather than to outperform the market through smart alpha plays [1] - Binary Tree Analytics (BTA) focuses on providing transparency and analytics for capital markets instruments, particularly in closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations [2] - BTA aims to deliver high annualized returns with a low volatility profile, leveraging over 20 years of investment experience [2]
Are Utilities Stocks Lagging DTE Energy (DTE) This Year?
ZACKS· 2025-05-28 14:46
Company Overview - DTE Energy is one of 106 companies in the Utilities group, which currently ranks 2 within the Zacks Sector Rank [2] - DTE Energy has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Performance Metrics - DTE Energy has returned approximately 13.6% year-to-date, outperforming the average return of 8.1% for Utilities companies [4] - The Zacks Consensus Estimate for DTE's full-year earnings has increased by 0.6% over the past three months, reflecting improved analyst sentiment [3] Industry Context - DTE Energy is part of the Utility - Electric Power industry, which includes 60 stocks and currently ranks 72 in the Zacks Industry Rank [6] - The average return for the Utility - Electric Power industry so far this year is 8.1%, indicating that DTE is performing better than its industry peers [6] Competitive Landscape - National Grid (NGG) is another Utilities stock that has outperformed the sector with a year-to-date return of 25.7% [4] - National Grid also holds a Zacks Rank of 2 (Buy), with a consensus EPS estimate increase of 2.9% over the past three months [5]
Why DTE Energy (DTE) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-05-21 16:51
Company Overview - DTE Energy is headquartered in Detroit and operates in the Utilities sector [3] - The stock has experienced a price change of 14.61% since the beginning of the year [3] Dividend Information - DTE Energy currently pays a dividend of $1.09 per share, resulting in a dividend yield of 3.15% [3] - The company's annualized dividend of $4.36 has increased by 5.1% from the previous year [4] - Over the last five years, DTE Energy has raised its dividend four times, averaging an annual increase of 1.01% [4] - The current payout ratio is 60%, indicating that 60% of its trailing 12-month earnings per share (EPS) is distributed as dividends [4] Earnings Growth - The Zacks Consensus Estimate for DTE Energy's earnings in 2025 is $7.24 per share, reflecting a year-over-year growth rate of 6% [5] Investment Appeal - DTE Energy is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]
Here's Why DTE Energy (DTE) is a Strong Growth Stock
ZACKS· 2025-05-21 14:46
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence through various resources [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes finding undervalued stocks using financial ratios [3] - Growth Score focuses on a company's financial health and future growth potential [4] - Momentum Score capitalizes on existing trends in stock prices and earnings [5] - VGM Score combines all three styles to provide a comprehensive assessment of stocks [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in portfolio building [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [8] - There are over 800 stocks rated 1 or 2, making it essential to utilize Style Scores for optimal stock selection [9] Stock Highlight: DTE Energy - DTE Energy, based in Detroit, is a diversified energy company with a Zacks Rank of 2 (Buy) and a VGM Score of B [11] - The company is projected to have a year-over-year earnings growth of 6% for the current fiscal year, supported by upward revisions from analysts [12] - DTE's earnings consensus estimate has increased by $0.02 to $7.24 per share, with an average earnings surprise of 11.8% [12]
Reasons to Include DTE Energy Stock in Your Portfolio Right Away
ZACKS· 2025-05-16 13:16
Core Viewpoint - DTE Energy Corp. is positioned as a strong investment option in the Zacks Utility Electric Power industry due to its disciplined capital spending program, growth prospects, and low debt levels [1] Growth Forecast & Performance - The Zacks Consensus Estimate for DTE's 2025 earnings per share (EPS) has increased by 0.1%, while the 2026 EPS estimate has risen by 0.3% over the past 30 days [2] - Total revenue estimates for DTE are projected at $13.18 billion for 2025, indicating a growth of 5.8% from 2024, and $14.03 billion for 2026, suggesting a year-over-year increase of 6.5% [2] - DTE's long-term earnings growth rate is forecasted at 7.6%, with the company surpassing expectations in the last four quarters and achieving an average earnings surprise of 11.84% [3] Debt Profile - DTE's total debt to capital ratio stands at 19.89%, significantly lower than the industry average of 62.59% [4] - The times interest earned (TIE) ratio is 2.5, indicating the company can comfortably meet its interest obligations [4] Return on Equity - DTE's return on equity (ROE) is currently at 13%, outperforming the industry average of 10.34%, reflecting efficient utilization of funds [5] Shareholder Initiatives - DTE has consistently increased shareholder value through dividends, currently paying $1.09 per share quarterly, which translates to an annualized dividend of $4.36 and a dividend yield of 3.2% [6] - In the first quarter of 2025, DTE paid dividends totaling $217 million, up from $202 million in the previous year [6] Capital Allocation Plans - DTE plans to invest $30 billion over the next five years, a 20% increase from its previous investment plan, with $24 billion allocated for its subsidiary, DTE Electric [7] Diversification and Growth Targets - DTE is also expanding its non-utility operations, which diversifies its earnings stream and supports its long-term operating earnings growth target of 6-8% [8] Stock Performance - Over the past three months, DTE's stock has increased by 5.6%, outperforming the industry's average growth of 3% [9]
DTE vs. WEC: Which Stock Is the Better Value Option?
ZACKS· 2025-05-08 16:40
Core Insights - DTE Energy and WEC Energy Group are both considered for value investment in the Utility - Electric Power sector, with a focus on which stock offers better value currently [1] Valuation Metrics - Both DTE Energy and WEC Energy Group hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - DTE has a forward P/E ratio of 19.16, while WEC has a forward P/E of 20.93, suggesting DTE may be more attractively priced [5] - DTE's PEG ratio is 2.51, compared to WEC's PEG ratio of 3.01, indicating DTE may offer better value relative to its expected earnings growth [5] - DTE's P/B ratio is 2.41, while WEC's P/B ratio is 2.61, further supporting DTE as the superior value option based on these metrics [6] - DTE has a Value grade of B, while WEC has a Value grade of C, reinforcing the conclusion that DTE is the better value investment at this time [6]
DTE Energy (DTE) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2025-05-05 16:50
Company Overview - DTE Energy is headquartered in Detroit and operates in the Utilities sector, specifically in Electric Power [3] - The company has experienced a price change of 12.93% year-to-date [3] Dividend Information - DTE Energy currently pays a dividend of $1.09 per share, resulting in a dividend yield of 3.2%, which is higher than the Utility - Electric Power industry's yield of 2.98% and the S&P 500's yield of 1.6% [3] - The annualized dividend of $4.36 has increased by 5.1% from the previous year [4] - Over the past five years, DTE Energy has raised its dividend four times, averaging an annual increase of 1.01% [4] - The company's current payout ratio is 60%, indicating that it pays out 60% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - DTE Energy is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $7.24 per share, reflecting a year-over-year growth rate of 6% [5] Investment Considerations - DTE Energy is viewed as a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7] - The company is categorized among established firms with secure profits, making it an attractive option for income investors [7]
Why DTE Energy (DTE) is a Top Growth Stock for the Long-Term
ZACKS· 2025-05-05 14:50
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, aiding in stock selection with high potential for market outperformance [2] Zacks Style Scores Overview - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, with A indicating the highest potential for outperformance [3] - The Value Score identifies attractive stocks using financial ratios like P/E and Price/Sales, appealing to value investors [3] - The Growth Score focuses on a company's financial health and future outlook, analyzing projected earnings and sales for sustainable growth [4] - The Momentum Score helps investors capitalize on price trends, utilizing metrics like one-week price changes and monthly earnings estimate changes [5] - The VGM Score combines the three Style Scores, providing a comprehensive rating based on value, growth, and momentum [6] Zacks Rank and Style Scores Interaction - The Zacks Rank, based on earnings estimate revisions, is a successful stock-rating model, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B [9] - Stocks with lower ranks (3 Hold, 4 Sell, 5 Strong Sell) should still have high Style Scores to ensure potential upside [10] Company Spotlight: DTE Energy - DTE Energy, based in Detroit, is a diversified energy company with major subsidiaries in electric and gas services [11] - Currently rated 3 (Hold) with a VGM Score of A, DTE is positioned as a potential growth investment [11] - The company forecasts a year-over-year earnings growth of 6% for the current fiscal year, with upward revisions in earnings estimates from analysts [12] - The Zacks Consensus Estimate for DTE's earnings has increased by $0.02 to $7.24 per share, with an average earnings surprise of 11.8% [12]