The Dominion Energy Inc (D) share price is expected to increase by 4.63% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered D. Price targets range from $49.12 at the low end to $65 at the high end. The current analyst consensus for D is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 18 Wall Street analysts have assigned D 4 buy ratings, 14 hold ratings, and 0 sell ratings. This means that analysts expect Dominion Energy Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on D. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of D.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Carly Davenport Goldman Sachs | Neutral | $61 | Reinstates | Nov 8, 2024 |
Nicholas Campanella Barclays | Overweight | $58 | Maintains | Oct 15, 2024 |
Paul Zimbardo Jefferies | Hold | $58 | Initiates | Sep 19, 2024 |
Andrew Weisel Scotiabank | Sector Perform | $58 | Maintains | Aug 20, 2024 |
Jeremy Tonet JP Morgan | Neutral | $57 | Maintains | Aug 12, 2024 |
James Thalacker BMO Capital | Market Perform | $57 | Maintains | Aug 5, 2024 |
James Thalacker BMO Capital | Market Perform | $51 | Maintains | Jul 9, 2024 |
Julien Dumoulin-Smith B of A Securities | Neutral | $54 | Upgrade | May 10, 2024 |
James Thalacker BMO Capital | Market Perform | $52 | Maintains | May 6, 2024 |
Durgesh Chopra Evercore ISI Group | In-Line | $53 | Maintains | May 3, 2024 |
Sarah Akers Wells Fargo | Equal-Weight | $55 | Maintains | May 3, 2024 |
Anthony Crowdell Mizuho | Neutral | $52 | Maintains | May 3, 2024 |
Julien Dumoulin-Smith B of A Securities | Underperform | $43 | Maintains | Apr 23, 2024 |
Andrew Weisel Scotiabank | Sector Perform | $48 | Maintains | Apr 22, 2024 |
Nicholas Campanella Barclays | Overweight | $49 | Maintains | Apr 15, 2024 |
Nicholas Campanella Barclays | Overweight | $50 | Maintains | Mar 13, 2024 |
James Thalacker BMO Capital | Market Perform | $49 | Downgrade | Mar 11, 2024 |
Sarah Akers Wells Fargo | Equal-Weight | $51 | Maintains | Mar 7, 2024 |
Anthony Crowdell Mizuho | Neutral | $45 | Maintains | Mar 6, 2024 |
Shahriar Pourreza Guggenheim | Buy | $52 | Maintains | Mar 4, 2024 |
When did it IPO
1984
Staff Count
17,700
Country
United States
Sector/Industry
Utilities/UtilitiesโRegulated Electric
CEO
Mr. Robert M. Blue
Market Cap
$48.85B
In 2023, D generated $14.39B in revenue, which was a increase of 3.26% from the previous year. This can be seen as a signal that D's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The 2025 Social Security cost-of-living adjustment (COLA) is set at 2.5%.
Why It Matters - A 2.5% COLA increase indicates lower inflation adjustments for retirees, potentially impacting consumer spending and economic growth, influencing market performance.
Summary - The lengthy political season is nearing its conclusion, which may impact market sentiment and investor decisions.
Why It Matters - Political stability can influence market confidence and investor sentiment. A conclusion to the political season may lead to clearer economic policies and potential market movements.
Summary - Dominion Energy exceeded Q3 profit expectations, driven by lower costs and stable electricity demand amid hot weather conditions.
Why It Matters - Dominion Energy's profit beat signals strong operational efficiency and demand resilience, which can enhance investor confidence and potentially drive stock performance.
Summary - Dominion CEO Robert Blue announced discussions about small modular reactors with large data center clients, as the company serves the world's largest data center market in northern Virginia.
Why It Matters - Dominion's focus on small modular reactors signals potential growth in energy supply for data centers, which could enhance profitability and attract more clients in a booming sector.
Summary - Dominion Energy, Inc. (NYSE:D) will hold its Q3 2024 earnings conference call on November 1, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - The upcoming earnings call for Dominion Energy may influence stock performance and investor sentiment, providing insights into financial health and future growth prospects.
Summary - Dominion Energy reported Q3 2024 GAAP net income of $1.12 per share and non-GAAP operating earnings of $0.98. Full-year 2024 operating earnings guidance is narrowed to $2.68-$2.83 per share.
Why It Matters - Dominion Energy's Q3 earnings exceed expectations, and narrowed guidance suggests increased confidence in performance, influencing stock valuation and investor sentiment.