Seaport Res Ptn Estimates Dominion Energy FY2025 Earnings

Dominion Energy, Inc. (NYSE:D) – Stock analysts at Seaport Res Ptn increased their FY2025 earnings estimates for Dominion Energy in a research note issued on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will earn $3.41 per share for the year, up from their previous estimate of $3.40. The consensus estimate for Dominion Energy’s current full-year earnings is $2.76 per share. Seaport Res Ptn also issued estimates for Dominion Energy’s FY2026 earnings at $3.62 EPS, FY2027 earnings at $3.85 EPS and FY2028 earnings at $4.09 EPS.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 EPS for the quarter, beating the consensus estimate of $0.92 by $0.06. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $4.18 billion. During the same period in the prior year, the company posted $0.77 earnings per share. Dominion Energy’s revenue was up 3.4% compared to the same quarter last year.

A number of other equities research analysts also recently issued reports on the stock. Barclays increased their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. increased their price objective on shares of Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Scotiabank increased their price objective on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. BMO Capital Markets increased their price objective on shares of Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research note on Monday, August 5th. Finally, Jefferies Financial Group assumed coverage on shares of Dominion Energy in a research note on Friday, September 20th. They set a “hold” rating and a $58.00 price objective on the stock. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $55.40.

Dominion Energy Trading Down 0.9 %

Shares of Dominion Energy stock opened at $58.99 on Friday. The company has a market capitalization of $49.49 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 1.58 and a beta of 0.59. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. Dominion Energy has a 12-month low of $40.44 and a 12-month high of $61.97. The firm’s 50-day moving average price is $57.87 and its two-hundred day moving average price is $54.10.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Caprock Group LLC raised its holdings in Dominion Energy by 133.0% in the 2nd quarter. Caprock Group LLC now owns 9,679 shares of the utilities provider’s stock valued at $474,000 after buying an additional 5,525 shares during the last quarter. SG Americas Securities LLC raised its holdings in Dominion Energy by 105.0% in the 1st quarter. SG Americas Securities LLC now owns 97,105 shares of the utilities provider’s stock valued at $4,777,000 after buying an additional 49,740 shares during the last quarter. Pathway Financial Advisers LLC raised its holdings in Dominion Energy by 351.8% in the 3rd quarter. Pathway Financial Advisers LLC now owns 48,176 shares of the utilities provider’s stock valued at $2,784,000 after buying an additional 37,514 shares during the last quarter. Intech Investment Management LLC bought a new position in Dominion Energy in the 1st quarter valued at approximately $708,000. Finally, QRG Capital Management Inc. bought a new position in Dominion Energy in the 1st quarter valued at approximately $272,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 29th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.53%. Dominion Energy’s payout ratio is currently 140.53%.

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.