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.
CenterPoint Energy (NYSE:CNP) and DTE Energy (NYSE:DTE) are both large-cap utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, earnings, dividends, media sentiment, analyst recommendations, institutional ownership, community ranking, risk and valuation.
CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.6%. CenterPoint Energy pays out 56.3% of its earnings in the form of a dividend. DTE Energy pays out 66.8% 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 3 consecutive years and DTE Energy has increased its dividend for 15 consecutive years. DTE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
DTE Energy received 17 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.35% of users gave DTE Energy an outperform vote while only 56.30% of users gave CenterPoint Energy an outperform vote.
91.8% of CenterPoint Energy shares are held by institutional investors. Comparatively, 76.1% 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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
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 presently has a consensus target price of $30.73, indicating a potential upside of 3.35%. DTE Energy has a consensus target price of $116.30, indicating a potential upside of 3.17%. Given DTE Energy's higher possible upside, equities analysts clearly believe CenterPoint Energy is more favorable than DTE Energy.
In the previous week, CenterPoint Energy had 4 more articles in the media than DTE Energy. MarketBeat recorded 11 mentions for CenterPoint Energy and 7 mentions for DTE Energy. CenterPoint Energy's average media sentiment score of 0.81 beat DTE Energy's score of 0.81 indicating that DTE Energy is being referred to more favorably in the news media.
CenterPoint Energy has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500.
CenterPoint Energy has a net margin of 11.03% compared to CenterPoint Energy's net margin of 10.36%. CenterPoint Energy's return on equity of 11.53% beat DTE Energy's return on equity.
Summary
DTE Energy beats CenterPoint Energy on 13 of the 21 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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