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 3.250-3.540 for the period, compared to the consensus estimate of 3.390. The company issued revenue guidance of -. Dominion Energy also updated its FY 2024 guidance to 2.680-2.830 EPS.
Analyst Upgrades and Downgrades
Several analysts have commented on the stock. Barclays raised their price objective on shares of Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Jefferies Financial Group started coverage on Dominion Energy in a research note on Friday, September 20th. They issued a “hold” rating and a $58.00 price objective for the company. JPMorgan Chase & Co. increased their target price on Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. BMO Capital Markets boosted their target price on Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Finally, Scotiabank lifted their price objective 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. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and a consensus price target of $55.40.
Get Our Latest Analysis on Dominion Energy
Dominion Energy Trading Down 2.1 %
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06. Dominion Energy had a return on equity of 7.69% and a net margin of 11.63%. The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $4.18 billion. During the same quarter in the prior year, the business earned $0.77 EPS. Dominion Energy’s revenue was up 3.4% on a year-over-year basis. As a group, research analysts anticipate that Dominion Energy will post 2.76 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date is Friday, November 29th. Dominion Energy’s dividend payout ratio (DPR) is 140.53%.
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.
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