When is the right time to cash out of Dominion Energy Inc. [D] stock?

In yesterday’s Wall Street session, Dominion Energy Inc. (NYSE:D) shares traded at $49.56, up 1.29% from the previous session.

As of this writing, 19 analysts cover Dominion Energy Inc. (NYSE:D). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $71.00 and a low of $44.00, we find $54.75. Given the previous closing price of $48.93, this indicates a potential upside of 11.89 percent. D stock price is now -3.37% away from the 50-day moving average and -11.47% away from the 200-day moving average. The market capitalization of the company currently stands at $41.09B.

There are 13 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $55.61 as their price target over the next twelve months.

With the price target of $52, Barclays recently initiated with Equal Weight rating for Dominion Energy Inc. (NYSE: D).

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 $4.96 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 $4.86 million. Insiders disposed of 46,665 shares of company stock worth roughly $2.31 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 $175,845,000. AUSTRALIANSUPER PTY LTD invested $20,499,000 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 $14,006,000. TWIN TREE MANAGEMENT, LP acquired a new stake in D for approximately $7,237,000. COANN CAPITAL LLC purchased a new stake in D valued at around $6,033,000 in the second quarter. In total, there are 1,684 active investors with 72.40% ownership of the company’s stock.

Tuesday morning saw Dominion Energy Inc. (NYSE: D) opened at $49.13. During the past 12 months, Dominion Energy Inc. has had a low of $47.41 and a high of $84.45. 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 $91.19B, which is based on a 18.38 price-to-earnings ratio, a 2.04 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for D is $51.21 and a two-hundred day moving average price translates $55.93 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 5.39% 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%.

Dominion Energy Inc.(D) Company Profile

Dominion Energy, Inc. produces and distributes energy in the United States. It operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.0 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 782,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 435,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2022, the company’s portfolio of assets included approximately 31.0 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 78,500 miles of electric distribution lines; and 93,500 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.