Dominion Energy, Inc. (NYSE:D – Free Report) – Equities research analysts at Scotiabank issued their FY2026 earnings per share estimates for Dominion Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will post earnings per share of $3.62 for the year. Scotiabank currently has a “Sector Perform” rating and a $61.00 target price on the stock. The consensus estimate for Dominion Energy’s current full-year earnings is $2.75 per share.
Other equities analysts also recently issued research reports about the company. The Goldman Sachs Group reissued a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research report on Friday, November 8th. Morgan Stanley initiated coverage on shares of Dominion Energy in a research report on Monday, December 2nd. They set an “equal weight” rating and a $61.00 target price on the stock. Barclays upped their price target on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, Jefferies Financial Group began coverage on shares of Dominion Energy in a report on Friday, September 20th. They set a “hold” rating and a $58.00 price objective on the stock. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average target price of $56.58.
Dominion Energy Stock Down 2.4 %
Shares of NYSE:D opened at $53.29 on Friday. The business’s 50 day moving average is $55.82 and its 200 day moving average is $55.53. The stock has a market cap of $44.76 billion, a P/E ratio of 18.70, a price-to-earnings-growth ratio of 1.44 and a beta of 0.60. Dominion Energy has a 52-week low of $43.53 and a 52-week high of $61.97. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42.
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.05. The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4.18 billion. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.77 EPS.
Institutional Investors Weigh In On Dominion Energy
Several institutional investors have recently added to or reduced their stakes in D. Sanctuary Wealth Management L.L.C. purchased a new position in Dominion Energy in the 3rd quarter worth $28,000. Frazier Financial Advisors LLC acquired a new position in shares of Dominion Energy in the third quarter valued at about $32,000. Dunhill Financial LLC raised its stake in shares of Dominion Energy by 601.2% in the third quarter. Dunhill Financial LLC now owns 568 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 487 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Dominion Energy by 282.4% during the third quarter. Larson Financial Group LLC now owns 608 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 449 shares during the period. Finally, Kimelman & Baird LLC purchased a new stake in Dominion Energy in the second quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.04% of the company’s stock.
Dominion Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, November 29th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 5.01%. The ex-dividend date was Friday, November 29th. Dominion Energy’s dividend payout ratio is currently 93.68%.
About Dominion Energy
Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
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