DTE vs. CNP, D, ETR, FE, FTS, PPL, EIX, ES, AGR, and VST
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), Fortis (FTS), PPL (PPL), Edison International (EIX), Eversource Energy (ES), Avangrid (AGR), and Vistra (VST). These companies are all part of the "electric services" industry.
DTE Energy vs.
CenterPoint Energy (NYSE:CNP) and DTE Energy (NYSE:DTE) are both large-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their risk, community ranking, institutional ownership, profitability, earnings, dividends, media sentiment, valuation and analyst recommendations.
CenterPoint Energy currently has a consensus target price of $32.56, suggesting a potential upside of 13.55%. DTE Energy has a consensus target price of $128.56, suggesting a potential upside of 20.99%. Given DTE Energy's higher possible upside, analysts plainly believe DTE Energy is more favorable than CenterPoint Energy.
DTE Energy has higher revenue and earnings than CenterPoint Energy. CenterPoint Energy is trading at a lower price-to-earnings ratio than DTE Energy, indicating that it is currently the more affordable of the two stocks.
CenterPoint Energy has a net margin of 11.21% compared to DTE Energy's net margin of 5.63%. DTE Energy's return on equity of 12.99% beat CenterPoint Energy's return on equity.
90.3% of CenterPoint Energy shares are held by institutional investors. Comparatively, 74.6% of DTE Energy shares are held by institutional investors. 0.2% of CenterPoint Energy shares are held by company insiders. Comparatively, 0.6% of DTE Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
DTE Energy received 14 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 60.27% of users gave DTE Energy an outperform vote while only 57.71% of users gave CenterPoint Energy an outperform vote.
CenterPoint Energy pays an annual dividend of $0.76 per share and has a dividend yield of 2.7%. DTE Energy pays an annual dividend of $3.81 per share and has a dividend yield of 3.6%. CenterPoint Energy pays out 47.8% of its earnings in the form of a dividend. DTE Energy pays out 69.0% 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. CenterPoint Energy has increased its dividend for 2 consecutive years and DTE Energy has increased its dividend for 13 consecutive years. DTE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, CenterPoint Energy had 3 more articles in the media than DTE Energy. MarketBeat recorded 11 mentions for CenterPoint Energy and 8 mentions for DTE Energy. CenterPoint Energy's average media sentiment score of 1.00 beat DTE Energy's score of 0.40 indicating that CenterPoint Energy is being referred to more favorably in the media.
CenterPoint Energy has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.58, meaning that its stock price is 42% less volatile than the S&P 500.
Summary
DTE Energy beats CenterPoint Energy on 12 of the 21 factors compared between the two stocks.
New MarketBeat Followers Over Time
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.
Media Sentiment Over Time
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.
DTE Energy Competitors List
