Dominion Energy Inc. (NYSE:D) Receives $67.62 Consensus Price Target from Analysts

Dominion Energy Inc. (NYSE:D) has been given a consensus recommendation of “Hold” by the fifteen research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $67.6154.

D has been the topic of a number of recent research reports. Barclays decreased their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Mizuho raised their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Wells Fargo & Company lifted their price objective on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada upped their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th.

Dominion Energy Price Performance

Shares of Dominion Energy stock opened at $69.90 on Thursday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. Dominion Energy has a fifty-two week low of $55.85 and a fifty-two week high of $70.59. The firm has a fifty day moving average price of $66.62 and a two-hundred day moving average price of $63.40. The company has a market cap of $61.47 billion, a PE ratio of 20.68 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts expect that Dominion Energy will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s payout ratio is 78.99%.

Hedge Funds Weigh In On Dominion Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in D. Hennion & Walsh Asset Management Inc. raised its position in Dominion Energy by 25.2% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 21,722 shares of the utilities provider’s stock worth $1,483,000 after purchasing an additional 4,376 shares in the last quarter. Beacon Financial Strategies CORP boosted its holdings in Dominion Energy by 269.2% during the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 350 shares in the last quarter. Chesley Taft & Associates LLC boosted its holdings in Dominion Energy by 6.5% during the second quarter. Chesley Taft & Associates LLC now owns 18,257 shares of the utilities provider’s stock valued at $1,247,000 after purchasing an additional 1,115 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in shares of Dominion Energy in the 2nd quarter valued at approximately $206,000. Finally, Longboard Asset Management LP bought a new stake in shares of Dominion Energy in the 2nd quarter valued at approximately $218,000. 73.04% of the stock is owned by institutional investors.

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.