In yesterday’s Wall Street session, Dominion Energy Inc. (NYSE:D) shares traded at $48.43, up 0.71% from the previous session.
D stock price is now -6.73% away from the 50-day moving average and -14.50% away from the 200-day moving average. The market capitalization of the company currently stands at $40.24B.
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In other news, Leopold Diane, Exec. Vice President and COO sold 6,250 shares of the company’s stock on Jun 01. The stock was sold for $307,251 at an average price of $49.16. Upon completion of the transaction, the Exec. Vice President and COO now directly owns 100,115 shares in the company, valued at $4.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 01, EVP and COO Leopold Diane sold 6,250 shares of the business’s stock. A total of $377,562 was realized by selling the stock at an average price of $60.41. This leaves the insider owning 98,158 shares of the company worth $4.75 million. Insiders disposed of 46,665 shares of company stock worth roughly $2.26 million over the past 1 year. A total of 0.14% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in D stock. A new stake in Dominion Energy Inc. shares was purchased by UNISUPER MANAGEMENT PTY LTD during the first quarter worth $171,836,000. AUSTRALIANSUPER PTY LTD invested $20,031,000 in shares of D during the first quarter. In the first quarter, MARSHALL WACE, LLP acquired a new stake in Dominion Energy Inc. valued at approximately $13,687,000. TWIN TREE MANAGEMENT, LP acquired a new stake in D for approximately $7,072,000. COANN CAPITAL LLC purchased a new stake in D valued at around $5,896,000 in the second quarter. In total, there are 1,684 active investors with 72.40% ownership of the company’s stock.
Friday morning saw Dominion Energy Inc. (NYSE: D) opened at $48.00. During the past 12 months, Dominion Energy Inc. has had a low of $47.74 and a high of $86.28. As of last week, the company has a debt-to-equity ratio of 1.82, a current ratio of 0.60, and a quick ratio of 0.40. According to the stock market information, the enterprise value for the company is $90.77B, which is based on a 17.96 price-to-earnings ratio, a 2.00 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for D is $51.83 and a two-hundred day moving average price translates $56.54 for the stock.
The latest earnings results from Dominion Energy Inc. (NYSE: D) was released for Jun, 2023. According to the Utilities – Regulated Electric Company, earnings per share came in at $0.53, beating analysts’ expectations of $0.47 by 0.06. This compares to -$0.58 EPS in the same period last year. The net profit margin was 12.30% and return on equity was 8.50% for D. The company reported revenue of $3.79 billion for the quarter, compared to $3.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.51 percent. For the current quarter, analysts expect D to generate $4.64B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/20/2023. Investors who held shares on 09/01/2023 were paid a $0.6675 dividend. On an annualized basis, this represents a $2.67 dividend and a 5.51% percent yield. There was an ex-dividend date of 08/31/2023 for this dividend. In terms of dividend payout ratio, D is presently at 99.00%.
