Dominion Energy Inc (D) Price Aside, D Fundamentals Booming Beyond Compare

In yesterday’s Wall Street session, Dominion Energy Inc (NYSE:D) shares traded at $45.59, up 4.54% from the previous session.

18 analysts cover Dominion Energy Inc (NYSE:D), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $57.00 and a low of $44.00, we find $48.00. Given the previous closing price of $43.61, this indicates a potential upside of 10.07 percent. D stock price is now 2.72% away from the 50-day moving average and -12.43% away from the 200-day moving average. The market capitalization of the company currently stands at $38.15B.

The stock has received a hold rating from 12 analysts and a buy rating from 3. Brokers who have rated the stock have averaged $48.69 as their price target over the next twelve months.

With the price target enhanced from $45 to $47, Barclays Upgraded its rating from Equal Weight to Overweight for Dominion Energy Inc (NYSE: D).

In other news, STORY SUSAN N, Director bought 54 shares of the company’s stock on Jun 20. The stock was bought for $2,900 at an average price of $53.70. Upon completion of the transaction, the Director now directly owns 22,162 shares in the company, valued at $1.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 01, Exec. Vice President and COO Leopold Diane sold 6,250 shares of the business’s stock. A total of $307,251 was realized by selling the stock at an average price of $49.16. This leaves the insider owning 100,115 shares of the company worth $4.56 million. Insiders disposed of 46,665 shares of company stock worth roughly $2.13 million over the past 1 year. A total of 0.16% of the company’s stock is owned by insiders.

During the past 12 months, Dominion Energy Inc has had a low of $39.18 and a high of $68.42. As of last week, the company has a debt-to-equity ratio of 1.71, a current ratio of 0.57, and a quick ratio of 0.44. The fifty day moving average price for D is $44.38 and a two-hundred day moving average price translates $52.06 for the stock.

The latest earnings results from Dominion Energy Inc (NYSE: D) was released for Sep, 2023. The net profit margin was 9.84% and return on equity was 8.23% 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.

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.

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