- DTE Energy’s operating Earnings Per Share (EPS) for Q1 surpassed estimates, reaching $1.67 as opposed to last year’s $1.33.
- The result has also exceeded the EPS estimate of $1.66.
- Looking towards the end of the year, DTE Energy still forecasts an operating EPS within the range of $6.54 to $6.83.
- This prediction remains closely aligned with the EPS estimate of $6.69 for the year-end.
- Nevertheless, the outlook seems positive, with 12 buys, 6 holds, and 0 sells on record.
A look at DTE Energy Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, DTE Energy Company presents a promising long-term outlook. With a strong Dividend score of 4 and Momentum score of 4, the company shows potential for consistent payouts to investors and positive market performance. Additionally, a Value score of 3 suggests that DTE Energy Company may be trading at an attractive price relative to its intrinsic value. However, the Resilience score of 2 indicates a slightly lower level of stability in the face of economic challenges. Despite this, a Growth score of 3 hints at potential opportunities for expansion and development in the future.
DTE Energy Company, a diversified energy firm with a focus on energy-related businesses and services, operates nationwide with a notable presence in southeastern Michigan. The company’s activities include the generation, transmission, distribution, and sale of electric energy, as well as involvement in gas pipelines, storage, and unconventional gas exploration. With a mixed bag of Smart Scores, DTE Energy Company showcases a blend of strengths and areas for improvement, making it a company to watch closely for potential investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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