The market expects DTE Energy (DTE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

DTE Energy Corp.’s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects, DTE makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Solid Growth ProjectionsThe Zacks Consensus Estimate for DTE Energy’s 2024 EPS has increased 0.45% to $6.70 per share over the past 90 days. The Zacks Cons ...

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? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate ...

DTE Energy (DTE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individua ...

Detroit, April 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its first quarter 2024 earnings before the market opens Thursday, Apr. 25, 2024. The company will conduct a conference call to discuss earnings results at 8:30 a.m. ET the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008. The telephone dial-in USA toll is: (646) 960-0 ...

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has DTE Energy (DTE) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.DTE Energy is a member of the Utilities sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the gro ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and Southern Co. (SO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify ...

Detroit, March 01, 2024 (GLOBE NEWSWIRE) -- The DTE Energy Foundation today invited Michigan nonprofits that serve local communities to submit Letters of Intent for a chance to be selected for a grant that will support community transformation efforts. The DTE Foundation will provide up to $150,000 to be shared across two or more Michigan nonprofits focused on local, community transformation and revitalization. Letters of Intent will be accepted now through 5 p.m. on Wednesday, May 1. Nonprofit organization ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and MGE (MGEE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estim ...

DTE Energy’s (DTE) strategic long-term investment plans to maintain and upgrade its infrastructure should boost performance. The company also boasts a strong solvency position.Let’s explore the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth ProjectionsDTE Energy’s long-term (three to five-year) earnings growth rate is pegged at 6.3%.The Zacks Consensus Estimate for DTE’s first-quarter 2024 earnings per share (EPS) stands at $1.79, indicating an improvement ...