Dominion Energy Inc. (NYSE:D) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Dominion Energy Inc. (NYSE:D) have been given an average rating of “Hold” by the fifteen brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $69.9286.

A number of research analysts recently weighed in on D shares. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Mizuho upped their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. UBS Group set a $80.00 price target on Dominion Energy in a report on Wednesday, August 19th. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Royal Bank Of Canada upped their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th.

Institutional Investors Weigh In On Dominion Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Motiv8 Investments LLC acquired a new position in shares of Dominion Energy during the fourth quarter worth approximately $25,000. Blueline Advisors LLC acquired a new stake in shares of Dominion Energy in the fourth quarter worth $28,000. Triumph Capital Management bought a new position in Dominion Energy during the third quarter worth $28,000. Costello Asset Management INC increased its holdings in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Advocate Investing Services LLC bought a new position in shares of Dominion Energy during the 4th quarter worth about $29,000. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Trading Down 0.6%

Shares of NYSE:D opened at $66.48 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $58.47 billion, a PE ratio of 23.16 and a beta of 0.65. Dominion Energy has a 1 year low of $55.85 and a 1 year high of $72.99. The firm has a fifty day moving average price of $69.09 and a 200 day moving average price of $65.78.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same period last year, the company earned $0.75 earnings per share. The business’s revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts expect that Dominion Energy will post 3.57 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s payout ratio is currently 93.03%.

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.