Seaport Res Ptn Weighs in on Dominion Energy FY2025 Earnings

Dominion Energy, Inc. (NYSE:D) – Investment analysts at Seaport Res Ptn boosted their FY2025 earnings per share (EPS) estimates for Dominion Energy in a note issued to investors on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will earn $3.41 per share for the year, up from their previous forecast of $3.40. The consensus estimate for Dominion Energy’s current full-year earnings is $2.76 per share. Seaport Res Ptn also issued estimates for Dominion Energy’s FY2026 earnings at $3.62 EPS, FY2027 earnings at $3.85 EPS and FY2028 earnings at $4.09 EPS.

A number of other equities analysts also recently weighed in on D. Jefferies Financial Group initiated coverage on Dominion Energy in a research note on Friday, September 20th. They issued a “hold” rating and a $58.00 target price on the stock. Barclays upped their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Scotiabank lifted their target price on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. BMO Capital Markets boosted their target price on shares of Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on Dominion Energy from $54.00 to $57.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $55.40.

Dominion Energy Stock Up 1.8 %

D opened at $59.53 on Friday. Dominion Energy has a fifty-two week low of $39.44 and a fifty-two week high of $61.26. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.78. The company’s 50-day moving average is $57.82 and its 200 day moving average is $53.98. The firm has a market capitalization of $49.94 billion, a P/E ratio of 31.33, a PEG ratio of 1.56 and a beta of 0.60.

Dominion Energy (NYSE:D) last posted its earnings results on Thursday, August 1st. The utilities provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.09. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The firm had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the prior year, the business posted $0.53 EPS. The business’s revenue was up 10.1% compared to the same quarter last year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 29th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.49%. Dominion Energy’s dividend payout ratio (DPR) is presently 140.53%.

Institutional Investors Weigh In On Dominion Energy

Several hedge funds have recently bought and sold shares of the stock. Family Firm Inc. bought a new stake in Dominion Energy during the second quarter worth about $27,000. LRI Investments LLC bought a new stake in Dominion Energy in the 1st quarter worth approximately $32,000. Reston Wealth Management LLC purchased a new stake in Dominion Energy in the third quarter worth approximately $36,000. Triad Wealth Partners LLC bought a new position in Dominion Energy during the second quarter valued at approximately $33,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Dominion Energy during the second quarter worth approximately $35,000. 73.04% of the stock is currently owned by institutional investors.

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.