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.
DTE Energy (DTE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and PSEG (PEG). But which of these two stocks presents investors with the better value opportunity right now?
DTE is projected to gain from its systematic investment plan and a decrease in carbon emissions from its portfolio.
DTE has announced plans to invest over $100 million to build three new electric substations.
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE). But which of these two stocks is more attractive to value investors?
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The heavy selling pressure might have exhausted for DTE Energy (DTE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE). But which of these two companies is the best option for those looking for undervalued stocks?
DTE Energy Company (NYSE:DTE ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Matt Krupinski - Director, IR Gerardo Norcia - Chairman and CEO Joi Harris - President and COO David Ruud - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Nick Campanella - Barclays David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Michael Sullivan - Wolfe Research Paul Fremont - Ladenburg Bill Appicelli - UBS Sophie Karp - KeyBanc Travis Miller - Morningstar Operator Good morning and welcome to the DTE Energy Third Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode.
The headline numbers for DTE Energy (DTE) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DTE reiterates its 2024 operating EPS projection. The company still expects operating EPS to be in the range of $6.54-$6.83.