Scotiabank Predicts Dominion Energy FY2026 Earnings

Dominion Energy, Inc. (NYSE:D - Free Report) - Research analysts at Scotiabank issued their FY2026 EPS estimates for Dominion Energy in a report released on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will post earnings per share of $3.62 for the year. Scotiabank has a "Sector Perform" rating and a $61.00 price target on the stock. The consensus estimate for Dominion Energy's current full-year earnings is $2.75 per share.

Several other equities analysts have also commented on D. Jefferies Financial Group started coverage on shares of Dominion Energy in a research report on Friday, September 20th. They set a "hold" rating and a $58.00 price target for the company. Morgan Stanley assumed coverage on shares of Dominion Energy in a research note on Monday, December 2nd. They set an "equal weight" rating and a $61.00 price objective on the stock. Barclays increased their price target on Dominion Energy from $54.00 to $58.00 and gave the company an "overweight" rating in a report on Tuesday, October 15th. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $61.00 price objective on shares of Dominion Energy in a report on Friday, November 8th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Dominion Energy currently has an average rating of "Hold" and an average price target of $56.58.

Dominion Energy Stock Performance

Shares of Dominion Energy stock traded down $1.31 on Friday, reaching $53.29. 4,196,328 shares of the stock were exchanged, compared to its average volume of 3,881,804. The firm has a market capitalization of $44.76 billion, a PE ratio of 18.70, a PEG ratio of 1.44 and a beta of 0.60. The business has a fifty day moving average price of $55.82 and a two-hundred day moving average price of $55.53. Dominion Energy has a 1-year low of $43.53 and a 1-year high of $61.97. The company has a current ratio of 0.74, a quick ratio of 0.58 and a debt-to-equity ratio of 1.42.

Dominion Energy (NYSE:D - Get Free Report) last announced its earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. Dominion Energy had a net margin of 16.95% and a return on equity of 8.35%. The business had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $4.18 billion. During the same period in the previous year, the company posted $0.77 EPS. The company's quarterly revenue was up 3.4% on a year-over-year basis.

Institutional Investors Weigh In On Dominion Energy

Several institutional investors have recently added to or reduced their stakes in D. Graypoint LLC lifted its position in Dominion Energy by 6.7% during the 4th quarter. Graypoint LLC now owns 7,279 shares of the utilities provider's stock worth $392,000 after buying an additional 457 shares in the last quarter. A. D. Beadell Investment Counsel Inc. boosted its position in Dominion Energy by 40.0% during the fourth quarter. A. D. Beadell Investment Counsel Inc. now owns 7,000 shares of the utilities provider's stock worth $377,000 after purchasing an additional 2,000 shares during the period. Canandaigua National Bank & Trust Co. grew its stake in Dominion Energy by 5.1% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 28,767 shares of the utilities provider's stock valued at $1,549,000 after buying an additional 1,386 shares during the last quarter. Ables Iannone Moore & Associates Inc. increased its stake in shares of Dominion Energy by 2.2% during the fourth quarter. Ables Iannone Moore & Associates Inc. now owns 14,014 shares of the utilities provider's stock worth $755,000 after purchasing an additional 303 shares during the period. Finally, CWA Asset Management Group LLC increased its position in Dominion Energy by 18.0% during the 4th quarter. CWA Asset Management Group LLC now owns 11,123 shares of the utilities provider's stock worth $599,000 after buying an additional 1,700 shares during the period. 73.04% of the stock is owned by institutional investors.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were issued a $0.6675 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.67 annualized dividend and a dividend yield of 5.01%. Dominion Energy's dividend payout ratio (DPR) is currently 93.68%.

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.