Dominion Energy, Inc. (NYSE:D) Forecasted to Post FY2025 Earnings of $3.40 Per Share

Dominion Energy, Inc. (NYSE:D - Free Report) - Equities research analysts at Seaport Res Ptn cut their FY2025 EPS estimates for shares of Dominion Energy in a report released on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $3.40 per share for the year, down from their previous estimate of $3.46. The consensus estimate for Dominion Energy's current full-year earnings is $2.73 per share. Seaport Res Ptn also issued estimates for Dominion Energy's FY2026 earnings at $3.60 EPS.

D has been the subject of a number of other reports. BMO Capital Markets downgraded Dominion Energy from an "outperform" rating to a "market perform" rating and set a $49.00 price objective for the company. in a research report on Monday, March 11th. Wells Fargo & Company increased their price objective on shares of Dominion Energy from $49.00 to $51.00 and gave the company an "equal weight" rating in a research report on Thursday, March 7th. StockNews.com lowered shares of Dominion Energy from a "hold" rating to a "sell" rating in a report on Friday, February 23rd. Guggenheim lowered their target price on shares of Dominion Energy from $57.00 to $52.00 and set a "buy" rating for the company in a research note on Monday, March 4th. Finally, Barclays cut their price target on Dominion Energy from $50.00 to $49.00 and set an "overweight" rating on the stock in a research note on Monday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Dominion Energy currently has an average rating of "Hold" and an average target price of $49.10.

Dominion Energy Stock Down 1.0 %

D stock traded down $0.52 during midday trading on Friday, hitting $50.45. The company's stock had a trading volume of 3,477,075 shares, compared to its average volume of 5,328,216. The firm has a 50-day simple moving average of $48.17 and a 200-day simple moving average of $46.37. The firm has a market capitalization of $42.26 billion, a P/E ratio of 21.65, a PEG ratio of 3.45 and a beta of 0.61. The company has a quick ratio of 0.97, a current ratio of 1.04 and a debt-to-equity ratio of 1.29. Dominion Energy has a 52-week low of $39.18 and a 52-week high of $57.90.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.11). The company had revenue of $3.53 billion for the quarter, compared to analysts' expectations of $4.21 billion. Dominion Energy had a return on equity of 8.83% and a net margin of 12.40%. The business's revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.06 EPS.

Insider Transactions at Dominion Energy

In other Dominion Energy news, CEO Robert M. Blue bought 21,735 shares of the business's stock in a transaction dated Monday, March 4th. The stock was acquired at an average cost of $45.91 per share, with a total value of $997,853.85. Following the purchase, the chief executive officer now owns 176,240 shares in the company, valued at approximately $8,091,178.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Robert M. Blue purchased 21,735 shares of the business's stock in a transaction dated Monday, March 4th. The stock was acquired at an average price of $45.91 per share, for a total transaction of $997,853.85. Following the acquisition, the chief executive officer now directly owns 176,240 shares of the company's stock, valued at approximately $8,091,178.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Joseph M. Rigby acquired 2,130 shares of Dominion Energy stock in a transaction that occurred on Wednesday, March 6th. The stock was bought at an average price of $46.94 per share, with a total value of $99,982.20. Following the purchase, the director now directly owns 8,417 shares of the company's stock, valued at $395,093.98. The disclosure for this purchase can be found here. Company insiders own 0.14% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Criterion Capital Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter valued at $29,000. Rise Advisors LLC acquired a new position in Dominion Energy during the first quarter worth approximately $30,000. Moisand Fitzgerald Tamayo LLC purchased a new position in Dominion Energy during the fourth quarter worth approximately $30,000. Venturi Wealth Management LLC boosted its holdings in shares of Dominion Energy by 84.5% in the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider's stock valued at $32,000 after purchasing an additional 310 shares during the last quarter. Finally, FSC Wealth Advisors LLC grew its stake in shares of Dominion Energy by 149.6% during the 3rd quarter. FSC Wealth Advisors LLC now owns 684 shares of the utilities provider's stock valued at $31,000 after buying an additional 410 shares during the period. Hedge funds and other institutional investors own 73.04% of the company's stock.

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.