DTE vs. CNP, D, ETR, FE, PPL, ES, FTS, EIX, NRG, and EBR
Should you be buying DTE Energy stock or one of its competitors? The main competitors of DTE Energy include CenterPoint Energy (CNP), Dominion Energy (D), Entergy (ETR), FirstEnergy (FE), PPL (PPL), Eversource Energy (ES), Fortis (FTS), Edison International (EIX), NRG Energy (NRG), and Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR). These companies are all part of the "electric services" industry.
DTE Energy (NYSE:DTE) and CenterPoint Energy (NYSE:CNP) are both large-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their community ranking, risk, valuation, analyst recommendations, institutional ownership, media sentiment, earnings, profitability and dividends.
DTE Energy has higher revenue and earnings than CenterPoint Energy. DTE Energy is trading at a lower price-to-earnings ratio than CenterPoint Energy, indicating that it is currently the more affordable of the two stocks.
CenterPoint Energy has a net margin of 11.03% compared to DTE Energy's net margin of 10.36%. DTE Energy's return on equity of 11.53% beat CenterPoint Energy's return on equity.
76.1% of DTE Energy shares are held by institutional investors. Comparatively, 91.8% of CenterPoint Energy shares are held by institutional investors. 0.3% of DTE Energy shares are held by company insiders. Comparatively, 0.1% of CenterPoint Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.6%. CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays out 66.8% of its earnings in the form of a dividend. CenterPoint Energy pays out 56.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
DTE Energy currently has a consensus target price of $116.30, indicating a potential upside of 2.39%. CenterPoint Energy has a consensus target price of $30.36, indicating a potential upside of 2.27%. Given DTE Energy's stronger consensus rating and higher possible upside, equities research analysts plainly believe DTE Energy is more favorable than CenterPoint Energy.
DTE Energy has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500. Comparatively, CenterPoint Energy has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500.
DTE Energy received 18 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.35% of users gave DTE Energy an outperform vote while only 56.25% of users gave CenterPoint Energy an outperform vote.
In the previous week, CenterPoint Energy had 11 more articles in the media than DTE Energy. MarketBeat recorded 21 mentions for CenterPoint Energy and 10 mentions for DTE Energy. DTE Energy's average media sentiment score of 0.96 beat CenterPoint Energy's score of 0.76 indicating that DTE Energy is being referred to more favorably in the media.
Summary
DTE Energy beats CenterPoint Energy on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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