Dominion Energy Inc. (NYSE:D) Stock Has Consensus Price Target of $70.00

Shares of Dominion Energy Inc. (NYSE:D) have been assigned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $69.87.

D has been the topic of several research analyst reports. Evercore boosted their target price on shares of Dominion Energy from $67.00 to $70.00 in a research report on Thursday, October 8th. Scotiabank decreased their price target on shares of Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a report on Wednesday, September 30th. Wells Fargo & Company raised shares of Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. BMO Capital Markets lifted their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 22nd. Finally, TD Cowen raised shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price objective for the company from $69.00 to $80.00 in a report on Wednesday, August 19th.

More Dominion Energy News

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

• Positive Sentiment: Dominion Energy is expanding its EnergyShare assistance program in South Carolina, including support for seniors and home upgrades. The initiative may strengthen community relations and customer goodwill, although it is unlikely to materially affect near-term earnings. Dominion Energy Expands EnergyShare Program
• Positive Sentiment: Charleston officials advanced an updated agreement with Dominion intended to make underground powerline projects easier and faster to implement. More efficient project approvals could support grid modernization and reduce execution delays over time. Updated Dominion agreement aims to streamline underground powerline projects
• Neutral Sentiment: The latest market coverage characterized Dominion Energy as rising while the broader market declined, but it did not identify a major new earnings or corporate catalyst. Investors continue to focus on the utility’s earnings outlook, leverage and regulated growth prospects. Dominion Energy Rises As Market Takes a Dip: Key Facts
• Negative Sentiment: KeyCorp trimmed its Dominion Energy EPS forecasts slightly, lowering its estimates to $3.78 for fiscal 2027 and $4.04 for fiscal 2028. The small reductions signal somewhat softer expectations for future earnings growth. KeyCorp earnings estimate changes
• Negative Sentiment: Truist Financial also lowered its expectations for Dominion Energy’s stock price, adding pressure to investor sentiment and potentially limiting valuation upside. Separately, thousands of customers in Virginia Beach and Chesapeake experienced outages, creating short-term service and reputational risks, though the financial impact is not yet clear. Truist Financial Has Lowered Expectations for Dominion Energy Stock Price Thousands of Dominion Energy customers without power

Institutional Trading of Dominion Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virginia Wealth Management Group Inc. boosted its position in Dominion Energy by 1.4% in the third quarter. Virginia Wealth Management Group Inc. now owns 58,099 shares of the utilities provider’s stock valued at $3,516,000 after buying an additional 792 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in Dominion Energy by 175.5% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,287 shares of the utilities provider’s stock worth $804,000 after buying an additional 8,464 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in Dominion Energy in the 3rd quarter worth approximately $266,000. Courier Capital LLC raised its position in Dominion Energy by 65.3% during the 3rd quarter. Courier Capital LLC now owns 43,002 shares of the utilities provider’s stock worth $2,603,000 after buying an additional 16,980 shares during the last quarter. Finally, Steel Grove Capital Advisors LLC raised its position in Dominion Energy by 14.1% during the 3rd quarter. Steel Grove Capital Advisors LLC now owns 31,817 shares of the utilities provider’s stock worth $1,926,000 after buying an additional 3,941 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Price Performance

Shares of D stock opened at $62.88 on Friday. Dominion Energy has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The firm has a market capitalization of $55.30 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 2.89 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The stock’s 50-day simple moving average is $64.63 and its 200-day simple moving average is $65.80.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts forecast that Dominion Energy will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, September 20th. Investors of record on Friday, September 4th were paid a $0.6675 dividend. The ex-dividend date was Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.2%. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.

About Dominion Energy

Dominion Energy, Inc is an energy company headquartered in Richmond, Virginia. Through its regulated utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers.

Dominion Energy’s primary electric utility operations serve customers in Virginia and northeastern North Carolina. The company also operates Dominion Energy South Carolina, which provides electric and natural gas services in South Carolina.