Investors with an interest in Utility - Electric Power stocks have likely encountered both DTE Energy (DTE) and Centuri Holdings (CTRI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, ...

Utility stocks are often found in the portfolios of dividend growth investors because they can provide reliable streams of income. This is due to utility companies providing services that are needed throughout all portions of the economic cycle.I've written about investing for Seeking Alpha since 2015 and for Sure Dividend since 2018. I focus primarily on owning shares of companies that have demonstrated long histories of dividend growth. These types of companies have largely proven successful at raising di ...

In dividend growth investing, there's a common expression: The safest dividend is the one just raised. That's because a dividend hike (especially if it is a decent one) conveys that a company hasHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to TipRanks, Sure Dividend, and The Dividend Kings and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. ...

Core Viewpoint - DTE Energy has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending December 2024, DTE Energy is expected to earn $6.76 per share, reflecting an 18% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for DTE Energy has risen by 0.9%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - DTE Energy's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for higher stock movement in the near term [11].

Detroit, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The DTE Energy (NYSE: DTE) Board of Directors today announced that its 2025 Annual Meeting of Common Stock Shareholders will be Thursday, May 8. Shareholders of record at the close of business March 11, 2025, are eligible to vote at the meeting. Shareholders interested in proposing business from the floor or nominating a person for the position of director from the floor must give notice and certain information to the DTE Energy corporate secretary by the close of ...

DTE Energy (DTE) has long-term capital expenditure plans to improve its infrastructure and renewable generation portfolio. The company is shutting down coal-fired units and replacing them with clean sources to produce electricity.  However, this Zacks Rank #3 (Hold) company faces risks related to unfavorable rate revisions and challenges in the energy trading business.DTE’s Tailwinds DTE Energy pursues a rigorous capital investment program to maintain and improve the dependability of its electric and natura ...

Detroit, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The DTE Energy Foundation announced today the winners of its first Community Transformation Grant Program, awarding $310,000 to 12 non-profit organizations across Michigan. This new initiative expands one of the Foundation’s core pillars of giving - Community Transformation. Since the program’s launch in March, the DTE Foundation has more than doubled its initial grant from $150,000 to address the overwhelming need for support, as demonstrated by the substantial nu ...

DTE Energy Company (DTE) recently announced its plans to invest over $100 million to build three new electric substations, along with installing new poles, power lines and electric equipment, in Michigan. This is part of the company’s broader grid investment strategy involves reducing its power outages by 30% and lowering restoration time by 50% by 2029.Smart grid technology will be incorporated in all the new substations, allowing DTE Energy to monitor the grid from its headquarters, and facilitating to re ...

Detroit, Nov. 18, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today announced the construction of three new electric substations as part of the company’s ongoing commitment to reducing power outage frequency by 30% while cutting outage time in half by 2029. The new substations will be in Northville Township, Pontiac and Shelby Township and represent a total investment of more than $100 million. "We're not just building for today — we're building the grid of the future to meet the evolving needs of our ...

DTE Energy (DTE) has been beaten down lately with too much selling pressure. While the stock has lost 5.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that mea ...