DTE Energy Co
DTE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$587.00 | Ngpfccc | Bfvtrrpf |
DTE Energy Earnings: Long-Term Growth Intact After Challenging 2023 Conditions
We are reaffirming our $119 per share fair value estimate for DTE Energy after the company reported $5.73 per share of operating earnings in 2023, slightly below our estimate but in line with management's guidance range that it lowered in November. We are reaffirming our narrow moat rating.