Dominion Energy (NYSE:D – Get Free Report) had its target price reduced by research analysts at Mizuho from $72.00 to $67.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the utilities provider’s stock. Mizuho’s price objective points to a potential upside of 7.74% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Barclays dropped their price objective on Dominion Energy from $69.00 to $65.00 and set an “overweight” rating for the company in a report on Monday. Evercore boosted their target price on Dominion Energy from $67.00 to $70.00 in a research note on Thursday, October 8th. Truist Financial reduced their target price on Dominion Energy from $66.00 to $62.00 and set a “hold” rating on the stock in a research note on Monday, October 12th. Weiss Ratings lowered Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Scotiabank dropped their price target on Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and an average target price of $69.27.
Check Out Our Latest Stock Report on Dominion Energy
Dominion Energy Price Performance
D stock opened at $62.19 on Tuesday. The firm’s 50-day moving average price is $64.38 and its two-hundred day moving average price is $65.82. Dominion Energy has a 12-month low of $55.85 and a 12-month high of $72.99. The stock has a market capitalization of $54.69 billion, a price-to-earnings ratio of 21.67, a PEG ratio of 2.95 and a beta of 0.64. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $4.48 billion during 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 quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm 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 predict that Dominion Energy will post 3.59 earnings per share for the current year.
Institutional Trading of Dominion Energy
A number of hedge funds have recently modified their holdings of the business. Cornerstone Planning LLC lifted its position in shares of Dominion Energy by 0.9% in the second quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock valued at $1,180,000 after acquiring an additional 157 shares in the last quarter. Arlington Trust Co LLC grew its holdings in shares of Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 160 shares in the last quarter. Navalign LLC increased its holdings in shares of Dominion Energy by 1.2% in the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after buying an additional 162 shares during the last quarter. Premier Path Wealth Partners LLC raised its position in Dominion Energy by 1.7% during the second quarter. Premier Path Wealth Partners LLC now owns 9,795 shares of the utilities provider’s stock valued at $669,000 after purchasing an additional 168 shares during the period. Finally, Turtle Creek Wealth Advisors LLC raised its holdings in Dominion Energy by 4.1% during the 2nd quarter. Turtle Creek Wealth Advisors LLC now owns 4,648 shares of the utilities provider’s stock valued at $317,000 after buying an additional 184 shares during the period. Institutional investors own 73.04% of the company’s stock.
Trending Headlines about Dominion Energy
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Barclays lowered its price target to $65 from $69 but maintained an “overweight” rating, implying potential upside from the current trading level. Barclays adjusts Dominion Energy price target
- Positive Sentiment: Dominion remains viewed as a relatively defensive dividend stock because electricity demand is generally resilient during economic downturns. Defensive dividend stocks
- Neutral Sentiment: The proposed Dominion–NextEra transaction remains a major potential catalyst, but its outcome is uncertain as regulators and elected officials debate customer protections and merger terms. Spanberger conditions Dominion-NextEra merger
- Negative Sentiment: Virginia State Corporation Commission staff recommended rejecting the merger in its current form, arguing that it could expose customers to risks unless substantial changes are made. The recommendation raises the chance of a prolonged review, tougher concessions, or failure of the $67 billion deal. SCC staff oppose Dominion-NextEra merger
- Negative Sentiment: Gov. Abigail Spanberger called for a rate freeze and extensive customer safeguards before approving the transaction, potentially limiting Dominion’s ability to capture the merger’s expected financial benefits. Spanberger urges rate freeze
- Negative Sentiment: Dominion’s updated power plan projects higher customer bills, adding political and regulatory pressure and increasing concern that future rate increases could be constrained. Dominion projects higher bills
Dominion Energy Company Profile
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.
The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.
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