Dominion Energy (NYSE:D) Releases FY 2025 Earnings Guidance

Key Points

• Dominion Energy has issued its FY 2025 earnings guidance with an expected EPS range of 3.280-3.520, slightly below the consensus estimate of 3.394.
• The company reported a quarterly EPS of $0.93, surpassing analysts' estimates of $0.82, with revenue of $4.08 billion for the quarter.
• Dominion Energy has announced a quarterly dividend of $0.6675 per share, resulting in an annualized yield of 4.6% and a payout ratio of 100%.

Dominion Energy (NYSE:D - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 3.280-3.520 for the period, compared to the consensus estimate of 3.394. The company issued revenue guidance of -.

Dominion Energy Price Performance

Shares of D stock opened at $58.47 on Friday. The stock's fifty day simple moving average is $56.61 and its 200 day simple moving average is $55.33. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.73 and a quick ratio of 0.53. The firm has a market cap of $49.86 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 1.26 and a beta of 0.56. Dominion Energy has a one year low of $48.07 and a one year high of $61.97.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The utilities provider reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.11. The business had revenue of $4.08 billion for the quarter, compared to analyst estimates of $3.95 billion. Dominion Energy had a return on equity of 9.51% and a net margin of 15.55%. Dominion Energy's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.55 EPS. On average, analysts expect that Dominion Energy will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, September 20th. Shareholders of record on Friday, September 5th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.6%. Dominion Energy's dividend payout ratio is 100.00%.

Wall Street Analyst Weigh In

D has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Dominion Energy from $53.00 to $56.00 and gave the company an "underweight" rating in a research report on Tuesday, July 15th. Morgan Stanley decreased their price objective on Dominion Energy from $62.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, June 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $58.88.

Hedge Funds Weigh In On Dominion Energy

Several hedge funds have recently modified their holdings of D. Woodline Partners LP grew its holdings in shares of Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider's stock valued at $3,979,000 after acquiring an additional 20,522 shares in the last quarter. Intech Investment Management LLC grew its holdings in Dominion Energy by 71.2% during the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider's stock worth $1,708,000 after purchasing an additional 12,663 shares during the period. Brighton Jones LLC grew its holdings in Dominion Energy by 64.3% during the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider's stock worth $489,000 after purchasing an additional 3,553 shares during the period. Finally, Empowered Funds LLC grew its holdings in Dominion Energy by 8.3% during the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider's stock worth $985,000 after purchasing an additional 1,344 shares during the period. Institutional investors own 73.04% of the company's stock.

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.

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