Seaport Res Ptn Estimates Dominion Energy FY2025 Earnings

Dominion Energy, Inc. (NYSE:D) – Seaport Res Ptn upped their FY2025 EPS estimates for Dominion Energy in a research report issued on Thursday, October 31st. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings of $3.41 per share for the year, up from their prior estimate 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.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, November 1st. The utilities provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.06. The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4.18 billion. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 earnings per share.

D has been the subject of several other research reports. Barclays upped their price target 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 increased their target price on shares of Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 20th. JPMorgan Chase & Co. increased their target price on shares of Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a report on Monday, August 12th. BMO Capital Markets increased their target price on shares of Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. Finally, Jefferies Financial Group began coverage on shares of Dominion Energy in a report on Friday, September 20th. They set a “hold” rating and a $58.00 target price for the company. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $55.40.

Dominion Energy Stock Down 0.9 %

Dominion Energy stock opened at $58.99 on Friday. The stock has a market capitalization of $49.49 billion, a PE ratio of 31.05, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. Dominion Energy has a twelve month low of $40.44 and a twelve month high of $61.97. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. The company has a 50 day moving average of $57.87 and a 200-day moving average of $54.10.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, November 29th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend is Friday, November 29th. Dominion Energy’s dividend payout ratio (DPR) is currently 140.53%.

Institutional Trading of Dominion Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in D. Vanguard Group Inc. raised its position in shares of Dominion Energy by 16.0% in the first quarter. Vanguard Group Inc. now owns 88,355,205 shares of the utilities provider’s stock valued at $4,346,193,000 after purchasing an additional 12,178,713 shares during the period. Capital Research Global Investors raised its position in shares of Dominion Energy by 20.1% in the first quarter. Capital Research Global Investors now owns 21,584,470 shares of the utilities provider’s stock valued at $1,061,740,000 after purchasing an additional 3,613,614 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Dominion Energy by 12.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 24,494,873 shares of the utilities provider’s stock valued at $1,204,904,000 after purchasing an additional 2,801,687 shares during the period. International Assets Investment Management LLC raised its position in shares of Dominion Energy by 7,438.3% in the third quarter. International Assets Investment Management LLC now owns 1,483,538 shares of the utilities provider’s stock valued at $85,734,000 after purchasing an additional 1,463,858 shares during the period. Finally, Jupiter Asset Management Ltd. bought a new position in shares of Dominion Energy in the second quarter valued at about $67,854,000. 73.04% of the stock is owned by institutional investors.

About Dominion Energy

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.