In yesterday’s Wall Street session, Dominion Energy Inc (NYSE:D) shares traded at $48.80, down -1.51% from the previous session.
D stock price is now 3.86% away from the 50-day moving average and 3.35% away from the 200-day moving average. The market capitalization of the company currently stands at $40.87B.
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With the price target maintained at $49, BMO Capital Markets recently Downgraded its rating from Outperform to Market Perform for Dominion Energy Inc (NYSE: D). On November 06, 2023, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $45 to quote $47, while ‘Scotiabank’ rates the stock as ‘Sector Perform’
In other news, RIGBY JOSEPH M, Director bought 2,130 shares of the company’s stock on Mar 06 ’24. The stock was bought for $99,998 at an average price of $46.94. Upon completion of the transaction, the Director now directly owns 8,417 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Chair, President and CEO BLUE ROBERT M bought 21,735 shares of the business’s stock. A total of $997,891 was incurred on buying the stock at an average price of $45.91. This leaves the insider owning 176,240 shares of the company worth $8.6 million. A total of 0.13% 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 $58.69. As of last week, the company has a debt-to-equity ratio of 1.63, a current ratio of 1.04, and a quick ratio of 0.97. According to the stock market information, the enterprise value for the company is $87.34B, which is based on a 21.33 price-to-earnings ratio, a 1.09 price-to-earnings-growth ratio, and a beta of 0.61. The fifty day moving average price for D is $46.99 and a two-hundred day moving average price translates $47.22 for the stock.
The latest earnings results from Dominion Energy Inc (NYSE: D) was released for Dec, 2023. According to the Utilities – Regulated Electric Company, earnings per share came in at $0.29, missing analysts’ expectations of $0.38 by -0.09. This compares to $0.33 EPS in the same period last year. The net profit margin was 11.90% and return on equity was 9.38% for D. The company reported revenue of $1.54 billion for the quarter, compared to $2.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.81 percent. For the current quarter, analysts expect D to generate $4.28B in revenue.
