DTE Energy (DTE) Stock

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Investors looking at Utility - Electric Power stocks may have come across DTE Energy (DTE) and Centuri Holdings (CTRI). The question is, which of these two stocks offers a better value for investors at this moment?

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

DTE Energy has good potential for total returns, even though it operates in the "boring" utility sector, thanks to strong earnings growth and a steady dividend yield. The company has shifted to mainly providing regulated electric and gas services, mainly in southeast Michigan. DTE Energy's operating margin has improved a lot, which has increased its earnings per share, and it plans to make significant capital investments.

Earlier this month, DTE Energy increased its dividend for the 15th year in a row. The company exceeded analysts' predictions for operating revenue and earnings per share in the third quarter. DTE Energy's interest coverage and debt-to-capital ratios indicate that it is a financially stable utility.

DTE Energy (DTE) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).

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DTE is expected to benefit from its planned investments and a reduction in carbon emissions from its projects.

The company has a history of over 100 years of paying cash dividends. It has consistently issued these dividends throughout its long existence. This tradition reflects the company's commitment to rewarding its shareholders.