Dominion Energy (D) to Release Earnings on Wednesday

Dominion Energy (NYSE:D) is anticipated to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Dominion Energy to post earnings of $0.57 per share and revenue of $3.87 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Dominion Energy Stock Performance

Dominion Energy stock opened at $54.00 on Wednesday. Dominion Energy has a 12-month low of $43.53 and a 12-month high of $61.97. The stock has a 50-day simple moving average of $54.91 and a 200 day simple moving average of $56.15. The company has a quick ratio of 0.58, a current ratio of 0.74 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $45.36 billion, a price-to-earnings ratio of 18.95, a P/E/G ratio of 1.21 and a beta of 0.61.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.94%. Dominion Energy’s payout ratio is 93.68%.

Wall Street Analysts Forecast Growth

D has been the subject of several research analyst reports. Barclays boosted their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $61.00 price target on shares of Dominion Energy in a research note on Friday, November 8th. Morgan Stanley assumed coverage on Dominion Energy in a research report on Monday, December 2nd. They issued an “equal weight” rating and a $61.00 price objective for the company. Finally, Scotiabank upped their target price on shares of Dominion Energy from $58.00 to $61.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $56.58.

About Dominion Energy

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.