Dominion Energy Inc (NYSE:D): A Fundamentally Weighted Stock for Long-Term Investors

Dominion Energy Inc (NYSE:D) shares traded 0.41% higher at $46.32 on Wall Street last session.

In accordance with the data, 17 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 $57.00 and a low of $41.00, we find $48.00. Given the previous closing price of $46.13, this indicates a potential upside of 4.05 percent. D stock price is now 5.99% away from the 50-day moving average and -8.42% away from the 200-day moving average. The market capitalization of the company currently stands at $38.76B.

It has been rated a hold by 12 analysts and a buy by 3. Brokers who have rated the stock have averaged $48.33 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, Leopold Diane, Exec. Vice President and COO sold 6,250 shares of the company’s stock on Dec 01. The stock was sold for $284,453 at an average price of $45.51. Upon completion of the transaction, the Exec. Vice President and COO now directly owns 88,126 shares in the company, valued at $4.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 20, Director STORY SUSAN N bought 54 shares of the business’s stock. A total of $2,900 was incurred on buying the stock at an average price of $53.70. This leaves the insider owning 22,162 shares of the company worth $1.03 million. Insiders disposed of 40,415 shares of company stock worth roughly $1.87 million over the past 1 year. A total of 0.15% of the company’s stock is owned by insiders.

Dominion Energy Inc (NYSE: D) opened at $46.21 on Tuesday. During the past 12 months, Dominion Energy Inc has had a low of $39.18 and a high of $63.94. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 1.14, and a quick ratio of 1.07. The fifty day moving average price for D is $43.70 and a two-hundred day moving average price translates $50.58 for the stock.

The latest earnings results from Dominion Energy Inc (NYSE: D) was released for Sep, 2023. According to the Utilities – Regulated Electric Company, earnings per share came in at $0.77, beating analysts’ expectations of $0.76 by 0.01. This compares to $0.91 EPS in the same period last year. The net profit margin was 9.72% and return on equity was 8.02% for D. The company reported revenue of $3.81 billion for the quarter, compared to $3.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.86 percent. For the current quarter, analysts expect D to generate $4.54B in revenue.

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