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DTE Energy (DTE) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-10-22 17:06
DTE Energy (DTE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong 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. Th ...
Here's Why DTE Energy (DTE) is a Strong Momentum Stock
ZACKS· 2024-10-16 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...
Be alert for DTE Energy impersonators
GlobeNewswire News Room· 2024-10-11 22:48
Detroit, Oct. 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy is urging all media outlets to make their audiences aware of DTE impersonators. On October 11, 2024, a homicide took place in Rochester Hills allegedly committed by imposters representing themselves as DTE employees. Our hearts go out to the victims of this horrific and tragic event, and we hope the perpetrators are quickly apprehended and brought to justice. If anyone arrives at your home or business claiming they are from DTE, please ask to see a badge ...
DTE Energy schedules third quarter 2024 earnings release, conference call
GlobeNewswire News Room· 2024-10-10 12:30
Detroit, Oct. 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its third quarter 2024 earnings before the market opens Thursday, October 24, 2024. The company will conduct a conference call to discuss earnings results at 9:00 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 U.S. and international toll telephone dia ...
DTE Energy Releases Annual CleanVision Sustainability Report; highlights progress providing customers cleaner, more reliability and affordable energy
GlobeNewswire News Room· 2024-10-04 12:57
Detroit, Oct. 04, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released its 2023 CleanVision Sustainability Report, the company's annual publication detailing progress towards its ongoing work to generate cleaner, more reliable and affordable energy for the people and community it serves. DTE's CleanVision report shares progress on the company's priorities of improving operations, achieving net zero goals, caring for customers – especially the most vulnerable – and developing a workforce to lead the ...
AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks
MarketBeat· 2024-09-27 11:15
Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund NYSEARCA: XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months. Utilities Select Sector SPDR Fund Today XLU Utilities Select Sector SPDR Fund $79.61 -0.57 (-0.71%) 52-Week Range $54.77 ▼ $80.77 Dividend Yield 2.59% Assets Under Management ...
DTE Energy breaks ground on three new solar parks, all funded by company's MIGreenPower program
GlobeNewswire News Room· 2024-09-26 12:13
Detroit, Sept. 26, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of and investor in renewable energy, today announced that it has broken ground on three new solar parks in the last four months, in response to growing customer support for clean, renewable energy. The Fish Creek and Mission Road solar parks, located in mid-Michigan, and the Little Trout Solar Park, located in northern Michigan, are all funded by customers who voluntarily enrolled in DTE's CleanVision MIGreenPower ...
DTE Energy: This Great Utility Remains Buyable Now
Seeking Alpha· 2024-09-26 11:30
Those who have followed my work on Seeking Alpha for the last six years know how much I enjoy covering regulated utilities. Be it electric, gas, or water, the services that are provided Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog tha ...
Reasons to Add DTE Energy Stock to Your Portfolio Right Now
ZACKS· 2024-09-25 13:36
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 Zacks Utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History of DTE The Zacks Consensus Estimate for DTE Energy's 2024 EPS has increased by 0.14% to $6.70 per share over ...
DTE Energy statement in response to third-party audit of electric distribution system
GlobeNewswire News Room· 2024-09-23 20:08
Detroit, Sept. 23, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released the following statement from Matt Paul, president and chief operating officer, DTE Electric, in response to the third-party audit of the electric distribution system issued by the Michigan Public Service Commission. "We remain laser-focused on delivering on our commitment to our customers — reducing power outages by 30% and cutting outage time in half by 2029. "To meet that commitment, as well as the customer service standards ...