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NYSE:VEL - Virginia Electric & Power Stock Price, Forecast & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$14.39
-0.25 (-1.71 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$14.30
Now: $14.39
$14.66
50-Day Range N/A
52-Week Range
$101.00
Now: $14.39
$113.00
Volume33,450 shs
Average Volume95,727 shs
Market Capitalization$273.41 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Virginia Electric and Power Company (Virginia Power) is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina. In Virginia, Virginia Power conducts business under the name Dominion Virginia Power and primarily serves retail customers. In North Carolina, it conducts business under the name Dominion North Carolina Power and serves retail customers located in the northeastern region of the state, excluding certain municipalities. In addition, Virginia Power sells electricity at wholesale prices to rural electric cooperatives, municipalities and into wholesale electricity markets. The Company is a wholly owned subsidiary of Dominion Resources, Inc. The Company manages its daily operations through two primary operating segments: Dominion Virginia Power (DVP) and Dominion Generation.

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone866-505-3863

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$273.41 million
Next Earnings DateN/A
OptionableNot Optionable

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Virginia Electric & Power (NYSE:VEL) Frequently Asked Questions

What is Virginia Electric & Power's stock symbol?

Virginia Electric & Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEL."

What price target have analysts set for VEL?

4 equities research analysts have issued twelve-month price targets for Virginia Electric & Power's stock. Their forecasts range from $17.00 to $22.00. On average, they expect Virginia Electric & Power's share price to reach $19.00 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View Analyst Price Targets for Virginia Electric & Power.

What is the consensus analysts' recommendation for Virginia Electric & Power?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virginia Electric & Power in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Virginia Electric & Power.

Has Virginia Electric & Power been receiving favorable news coverage?

News headlines about VEL stock have trended negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virginia Electric & Power earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near future. View News Stories for Virginia Electric & Power.

Who are some of Virginia Electric & Power's key competitors?

What other stocks do shareholders of Virginia Electric & Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virginia Electric & Power investors own include Genocea Biosciences (GNCA), Flex Pharma (FLKS), Fibrocell Science (FCSC), Exelixis (EXEL), Endo International (ENDP), CPI Aerostructures (CVU), Cronos Group (CRON), Catabasis Pharmaceuticals (CATB), AutoNavi (AMAP) and Agile Therapeutics (AGRX).

Who are Virginia Electric & Power's key executives?

Virginia Electric & Power's management team includes the folowing people:
  • Thomas F. Farrell II, Chairman of the Board, Chief Executive Officer (Age 62)
  • David A. Christian, President, Chief Operating Officer (Age 61)
  • Paul D. Koonce, President, Chief Operating Officer (Age 57)
  • David A. Heacock, President, Chief Nuclear Officer (Age 59)
  • Mark F. McGettrick, Chief Financial Officer, Executive Vice President, Director (Age 60)
  • Steven A Rogers, Senior Vice President, Chief Information Officer (Age 52)
  • Robert M. Blue, Senior Vice President - Law, Public Policy, Environment, Director (Age 49)
  • Michele L. Cardiff, Chief Accounting Officer, Vice President, Controller (Age 49)

When did Virginia Electric & Power IPO?

(VEL) raised $110 million in an IPO on Friday, January 17th 2020. The company issued 7,300,000 shares at a price of $14.00-$16.00 per share. Wells Fargo Securities, Citigroup and JMP Securities acted as the underwriters for the IPO and Raymond James was co-manager.

When does the company's quiet period expire?

Virginia Electric & Power's quiet period expires on Wednesday, February 26th. Virginia Electric & Power had issued 7,250,000 shares in its initial public offering on January 17th. The total size of the offering was $94,250,000 based on an initial share price of $13.00. During the company's quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

What is Virginia Electric & Power's stock price today?

One share of VEL stock can currently be purchased for approximately $14.39.

How big of a company is Virginia Electric & Power?

Virginia Electric & Power has a market capitalization of $273.41 million. View Additional Information About Virginia Electric & Power.

What is Virginia Electric & Power's official website?

The official website for Virginia Electric & Power is http://www.velfinance.com/.

How can I contact Virginia Electric & Power?

Virginia Electric & Power's mailing address is 30699 RUSSELL RANCH ROAD BUILDING 111 SUITE 295, WESTLAKE VILLAGE CA, 91362. The company can be reached via phone at 866-505-3863.


MarketBeat Community Rating for Virginia Electric & Power (NYSE VEL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  116
MarketBeat's community ratings are surveys of what our community members think about Virginia Electric & Power and other stocks. Vote "Outperform" if you believe VEL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VEL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2020 by MarketBeat.com Staff

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