Mizuho Has Lowered Expectations for Dominion Energy (NYSE:D) Stock Price

Key Points

• Mizuho lowered Dominion Energy’s price target from $72 to $67 while maintaining a “neutral” rating, implying about 7.7% upside from the stock’s $62.19 price.
• Analyst sentiment remains mixed but leans cautious: Dominion has an average “Hold” rating and a consensus target of $69.27, with price targets ranging from $66 to $80.
• Dominion exceeded quarterly expectations, reporting $0.79 in earnings per share versus the $0.68 consensus and $4.48 billion in revenue, up 17.6% year over year; institutional investors own about 73% of the stock.

Dominion Energy (NYSE:D - Get Free Report) had its price target cut by equities researchers at Mizuho from $72.00 to $67.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a "neutral" rating on the utilities provider's stock. Mizuho's price objective would indicate a potential upside of 7.74% from the stock's current price.

A number of other analysts also recently weighed in on the stock. Jefferies Financial Group decreased their target price on shares of Dominion Energy from $79.00 to $71.00 and set a "buy" rating for the company in a research report on Monday, September 21st. UBS Group set a $80.00 price target on shares of Dominion Energy in a research report on Wednesday, August 19th. Morgan Stanley reduced their price objective on shares of Dominion Energy from $68.00 to $66.00 and set an "equal weight" rating on the stock in a research note on Friday, September 18th. TD Cowen upgraded shares of Dominion Energy from a "hold" rating to a "buy" rating and increased their price objective for the stock from $69.00 to $80.00 in a research report on Wednesday, August 19th. Finally, Weiss Ratings cut shares of Dominion Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Dominion Energy presently has an average rating of "Hold" and a consensus target price of $69.27.

Dominion Energy Stock Down 2.2%

Shares of D opened at $62.19 on Tuesday. The company has a market capitalization of $54.69 billion, a PE ratio of 21.67, a PEG ratio of 2.95 and a beta of 0.64. Dominion Energy has a 12 month low of $55.85 and a 12 month high of $72.99. The stock's 50-day moving average price is $64.38 and its two-hundred day moving average price is $65.82. 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 results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. The company had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.04 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business's quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts anticipate that Dominion Energy will post 3.59 EPS for the current year.

Hedge Funds Weigh In On Dominion Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Frazier Financial Advisors LLC purchased a new stake in Dominion Energy during the 2nd quarter valued at about $31,000. Beacon Financial Strategies CORP increased its stake in Dominion Energy by 269.2% in the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider's stock worth $33,000 after purchasing an additional 350 shares during the period. OP Asset Management Ltd bought a new stake in Dominion Energy in the first quarter valued at approximately $34,000. Arlington Trust Co LLC lifted its position in 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 during the last quarter. Finally, Burnham & Co LLC bought a new stake in Dominion Energy in the second quarter valued at approximately $34,000. 73.04% of the stock is currently owned by institutional investors.

More Dominion Energy News

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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