Are Utilities Stocks Lagging DTE Energy (DTE) This Year?

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]