FY2025 EPS Estimates for Dominion Energy, Inc. (NYSE:D) Decreased by Seaport Res Ptn

Dominion Energy, Inc. (NYSE:D) – Equities researchers at Seaport Res Ptn decreased their FY2025 earnings estimates for Dominion Energy in a report released on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $3.40 per share for the year, down from their prior forecast of $3.46. The consensus estimate for Dominion Energy’s current full-year earnings is $2.73 per share. Seaport Res Ptn also issued estimates for Dominion Energy’s FY2026 earnings at $3.60 EPS.

Other analysts have also recently issued research reports about the stock. BMO Capital Markets cut shares of Dominion Energy from an “outperform” rating to a “market perform” rating and set a $49.00 price objective on the stock. in a report on Monday, March 11th. Barclays cut their price objective on shares of Dominion Energy from $50.00 to $49.00 and set an “overweight” rating on the stock in a report on Monday, April 15th. Bank of America raised their target price on shares of Dominion Energy from $40.00 to $43.00 and gave the stock an “underperform” rating in a research report on Tuesday. StockNews.com lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Guggenheim lowered their target price on shares of Dominion Energy from $57.00 to $52.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and an average target price of $49.10.

Dominion Energy Stock Down 0.9 %

Shares of NYSE D traded down $0.46 during midday trading on Friday, hitting $50.51. The company’s stock had a trading volume of 604,665 shares, compared to its average volume of 5,291,038. The business’s fifty day simple moving average is $48.08 and its two-hundred day simple moving average is $46.31. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.04 and a quick ratio of 0.97. Dominion Energy has a 1 year low of $39.18 and a 1 year high of $57.90. The firm has a market capitalization of $42.31 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 3.45 and a beta of 0.61.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.11). The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $4.21 billion. Dominion Energy had a net margin of 12.40% and a return on equity of 8.83%. The company’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.06 EPS.

Institutional Investors Weigh In On Dominion Energy

Several institutional investors have recently bought and sold shares of D. Diamond Hill Capital Management Inc. raised its holdings in Dominion Energy by 5.3% in the third quarter. Diamond Hill Capital Management Inc. now owns 3,988,722 shares of the utilities provider’s stock valued at $178,176,000 after acquiring an additional 199,629 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Dominion Energy by 196.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 392,568 shares of the utilities provider’s stock worth $18,451,000 after purchasing an additional 259,978 shares in the last quarter. Morgan Stanley lifted its position in shares of Dominion Energy by 12.8% in the third quarter. Morgan Stanley now owns 7,082,946 shares of the utilities provider’s stock worth $316,395,000 after purchasing an additional 803,341 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Dominion Energy by 1,797.9% in the fourth quarter. International Assets Investment Management LLC now owns 165,917 shares of the utilities provider’s stock worth $7,798,000 after buying an additional 157,175 shares during the last quarter. Finally, Diversified Trust Co grew its holdings in Dominion Energy by 97.3% during the fourth quarter. Diversified Trust Co now owns 14,339 shares of the utilities provider’s stock valued at $674,000 after purchasing an additional 7,071 shares during the last quarter. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dominion Energy news, CEO Robert M. Blue acquired 21,735 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were acquired at an average cost of $45.91 per share, for a total transaction of $997,853.85. Following the transaction, the chief executive officer now directly owns 176,240 shares of the company’s stock, valued at $8,091,178.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Joseph M. Rigby bought 2,130 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average cost of $46.94 per share, for a total transaction of $99,982.20. Following the completion of the acquisition, the director now owns 8,417 shares in the company, valued at $395,093.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert M. Blue bought 21,735 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was bought at an average price of $45.91 per share, with a total value of $997,853.85. Following the completion of the acquisition, the chief executive officer now owns 176,240 shares of the company’s stock, valued at approximately $8,091,178.40. The disclosure for this purchase can be found here. Insiders own 0.14% of the company’s stock.

Dominion Energy Company Profile

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.