Dominion Energy (NYSE:D) Price Target Raised to $70.00

Dominion Energy (NYSE:D) had its target price increased by BMO Capital Markets from $64.00 to $70.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a market perform rating on the utilities provider’s stock.

A number of other research analysts also recently weighed in on the company. Bank of America upped their price target on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Truist Financial dropped their price target on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Dominion Energy currently has an average rating of “Hold” and an average price target of $68.00.

Dominion Energy Stock Performance

Shares of D stock opened at $71.09 on Wednesday. The firm has a 50 day moving average of $68.58 and a 200-day moving average of $64.38. The company has a market cap of $62.52 billion, a price-to-earnings ratio of 21.03 and a beta of 0.65. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. Dominion Energy has a 52 week low of $55.85 and a 52 week high of $72.99.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Dominion Energy’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts forecast that Dominion Energy will post 3.57 earnings per share for the current year.

Dominion Energy Announces Dividend

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

Institutional Investors Weigh In On Dominion Energy

Several institutional investors have recently added to or reduced their stakes in D. Motiv8 Investments LLC bought a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy during the 4th quarter valued at approximately $28,000. Triumph Capital Management bought a new position in Dominion Energy in the 3rd quarter worth approximately $28,000. Costello Asset Management INC boosted its holdings in Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the period. Finally, Advocate Investing Services LLC purchased a new position in Dominion Energy in the 4th quarter valued at approximately $29,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Dominion Energy

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Analysts and preview pieces say Dominion Energy’s upcoming quarterly results are expected to show earnings growth, which could support the stock if the company meets or beats estimates. Article Title
• Positive Sentiment: A BMO Capital Markets note said Dominion Energy’s stock price is expected to rise, reflecting a generally favorable analyst view heading into earnings. Article Title
• Neutral Sentiment: The company is set to report quarterly earnings on Friday, and investors are waiting to see whether management can deliver on guidance and confirm the outlook for regulated utility growth. Article Title
• Neutral Sentiment: Several articles focused on storm preparedness and local power-line opposition in Virginia, which are operational and regulatory headlines but do not appear to be immediate financial catalysts. Article Title
• Negative Sentiment: KeyCorp trimmed longer-term earnings estimates for Dominion Energy across FY2026-FY2030, suggesting slightly slower profit growth than previously expected, which could cap upside if investors focus on future valuation. Article Title

About Dominion Energy

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.