DTE Energy (NYSE:DTE – Get Free Report) and ReNew Energy Global (NASDAQ:RNW – Get Free Report) are both utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, valuation, risk, earnings, dividends, analyst recommendations and institutional ownership.
Profitability
This table compares DTE Energy and ReNew Energy Global’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| DTE Energy | 11.18% | 12.18% | 2.95% |
| ReNew Energy Global | 1.53% | 1.23% | 0.17% |
Insider & Institutional Ownership
76.1% of DTE Energy shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 0.6% of DTE Energy shares are owned by insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Earnings and Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| DTE Energy | $12.40 billion | 2.09 | $1.40 billion | $6.11 | 20.47 |
| ReNew Energy Global | $82.88 billion | 0.03 | $41.00 million | $0.12 | 54.67 |
DTE Energy has higher earnings, but lower revenue than ReNew Energy Global. DTE Energy is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of current ratings and target prices for DTE Energy and ReNew Energy Global, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| DTE Energy | 0 | 4 | 9 | 0 | 2.69 |
| ReNew Energy Global | 0 | 0 | 3 | 0 | 3.00 |
DTE Energy currently has a consensus target price of $127.58, indicating a potential upside of 1.99%. ReNew Energy Global has a consensus target price of $8.67, indicating a potential upside of 32.11%. Given ReNew Energy Global’s stronger consensus rating and higher probable upside, analysts clearly believe ReNew Energy Global is more favorable than DTE Energy.
Risk and Volatility
DTE Energy has a beta of 0.67, suggesting that its stock price is 33% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.
Summary
DTE Energy beats ReNew Energy Global on 8 of the 14 factors compared between the two stocks.
About DTE Energy
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
About ReNew Energy Global
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
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