Dominion Energy (D) Stock Price, News & Analysis

Company Overview

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. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation and renewable natural gas facility. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

Key Stats

• Today's Range: $52.95 to $53.82
• 50-Day Range: $52.63 to $60.93
• 52-Week Range: $43.53 to $61.97
• Volume: 8.67 million shs
• Average Volume: 4.48 million shs
• Market Capitalization: $45.07 billion
• P/E Ratio: 18.83
• Dividend Yield: 4.98%
• Price Target: $56.58
• Consensus Rating: Hold

Dominion Energy Stock Analysis - MarketRank™

Dominion Energy scored higher than 73% of companies evaluated by MarketBeat, and ranked 46th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Dominion Energy has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Dominion Energy has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 22.91%

Earnings Growth

Earnings for Dominion Energy are expected to grow by 22.91% in the coming year, from $2.75 to $3.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dominion Energy is 18.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dominion Energy is 18.83, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.41.

Price to Earnings Growth Ratio

Dominion Energy has a PEG Ratio of 1.44. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Dominion Energy has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the outstanding shares of Dominion Energy have been sold short.

Short Interest Ratio / Days to Cover

Dominion Energy has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dominion Energy has recently increased by 11.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Dominion Energy is a leading dividend payer. It pays a dividend yield of 5.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Dominion Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Dominion Energy is 93.68%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Dominion Energy will have a dividend payout ratio of 78.99% in the coming year. This indicates that Dominion Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -4.80

Percentage of Shares Shorted

2.03% of the outstanding shares of Dominion Energy have been sold short.

Short Interest Ratio / Days to Cover

Dominion Energy has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dominion Energy has recently increased by 11.80%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.61

News Sentiment

Dominion Energy has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Dominion Energy this week, compared to 15 articles on an average week.

Search Interest

78 people have searched for D on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.

MarketBeat Follows

33 people have added Dominion Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dominion Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.14% of the stock of Dominion Energy is held by insiders.

Percentage Held by Institutions

73.04% of the stock of Dominion Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

D Stock Analysis - Frequently Asked Questions

How have D shares performed this year?

Dominion Energy's stock was trading at $47.00 on January 1st, 2024. Since then, D stock has increased by 14.2% and is now trading at $53.66.
View the best growth stocks for 2024 here.

How were Dominion Energy's earnings last quarter?

Dominion Energy, Inc. (NYSE:D) posted its quarterly earnings data on Friday, November, 1st. The utilities provider reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. The firm's revenue was up 3.4% on a year-over-year basis.
Read the conference call transcript.

Does Dominion Energy have any subsidiaries?

Dominion Energy subsidiaries include SCANA, Phone House, Questar Corporation, Carolina Gas Transmission Corporation, Cove Point LNG Limited, Louis Dreyfus Natural Gas, Consolidated Natural Gas Company, and others.

Who are Dominion Energy's major shareholders?

Top institutional shareholders of Dominion Energy include State Street Corp (5.27%), Massachusetts Financial Services Co. MA (3.51%), Geode Capital Management LLC (2.13%) and Wellington Management Group LLP (1.81%). Insiders that own company stock include Robert M Blue, Diane Leopold, Susan N Story and Joseph M Rigby.
View institutional ownership trends.

How do I buy shares of Dominion Energy?

Shares of D stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dominion Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dominion Energy investors own include Verizon Communications (VZ), AT&T (T), Exxon Mobil (XOM), Chevron (CVX), JPMorgan Chase & Co. (JPM), Pfizer (PFE) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/01/2024
• Ex-Dividend for 12/20 Dividend: 11/29/2024
• Dividend Payable: 12/20/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:D
• CUSIP: 25746U10
• CIK: 715957
• Web: www.dominionenergy.com
• Phone: (804) 819-2284
• Fax: 804-775-5819
• Employees: 17,700
• Year Founded: 1983

Price Target and Rating

• Average Stock Price Target: $56.58
• High Stock Price Target: $61.00
• Low Stock Price Target: $52.00
• Potential Upside/Downside: +5.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.85
• Trailing P/E Ratio: 18.83
• Forward P/E Ratio: 19.51
• P/E Growth: 1.44
• Net Income: $1.99 billion
• Net Margins: 16.95%
• Pretax Margin: 19.74%
• Return on Equity: 8.35%
• Return on Assets: 2.10%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: 0.74
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $14.59 billion
• Price / Sales: 3.09
• Cash Flow: $5.98 per share
• Price / Cash Flow: 8.98
• Book Value: $30.77 per share
• Price / Book: 1.74

Miscellaneous

• Outstanding Shares: 840,010,000
• Free Float: 838,834,000
• Market Cap: $45.07 billion
• Optionable: Optionable
• Beta: 0.59