Dominion Energy (NYSE:D) Stock Price Expected to Rise, Barclays Analyst Says
by Amy Steele · The Cerbat GemDominion Energy (NYSE:D – Get Free Report) had its target price hoisted by Barclays from $66.00 to $70.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the utilities provider’s stock. Barclays‘s price objective points to a potential upside of 10.12% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the stock. Truist Financial began coverage on shares of Dominion Energy in a research report on Tuesday, April 21st. They set a “hold” rating and a $67.00 target price for the company. Jefferies Financial Group increased their target price on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. TD Cowen began coverage on shares of Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 target price for the company. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Finally, Wells Fargo & Company dropped their target price on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $66.00.
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Dominion Energy Stock Performance
Dominion Energy stock traded down $0.37 during mid-day trading on Monday, reaching $63.57. The company had a trading volume of 415,192 shares, compared to its average volume of 5,249,286. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. Dominion Energy has a 52 week low of $52.53 and a 52 week high of $67.57. The company has a 50 day moving average of $62.56 and a 200-day moving average of $61.27. The firm has a market cap of $55.87 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 3.36 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.76%. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same quarter in the prior year, the company posted $0.93 EPS. The business’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts expect that Dominion Energy will post 3.6 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Motiv8 Investments LLC bought a new position in Dominion Energy during the 4th quarter worth approximately $25,000. Triumph Capital Management bought a new position in Dominion Energy during the 3rd quarter worth approximately $28,000. United Community Bank bought a new position in Dominion Energy during the 3rd quarter worth approximately $29,000. Blueline Advisors LLC bought a new position in Dominion Energy during the 4th quarter worth approximately $28,000. Finally, JPL Wealth Management LLC bought a new position in Dominion Energy during the 3rd quarter worth approximately $30,000. Institutional investors own 73.04% of the company’s stock.
About Dominion Energy
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.