Dominion Energy Inc

Dominion Energy Inc Stock Forecast & Price Prediction

Live Dominion Energy Inc Stock (D) Price
$57.03

18

Ratings

  • Buy 4
  • Hold 14
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$57.03

P/E Ratio

21.46

Volume Traded Today

$5.0M

Dividend

$0.6675

52 Week High/low

61.97/43.53

Dominion Energy Inc Market Cap

$48.85B

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D Summary

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.

D Analyst Ratings

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.

D stock forecast by analyst

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

D Company Information

What They Do: Produces and distributes energy in the U.S.

Business Model: The company operates through three segments: Dominion Energy Virginia, which provides regulated electricity to millions of customers; Dominion Energy South Carolina, which offers electricity and natural gas services; and Contracted Energy, focusing on renewable energy generation. It generates revenue primarily from electricity and gas sales to residential, commercial, and industrial customers.

Other Information: Dominion Energy has a significant asset base, including approximately 29.5 gigawatts of electric generating capacity and extensive transmission and distribution infrastructure. The company is headquartered in Richmond, Virginia, and has been operating since 1983.
D
Dominion Energy Inc (D)

When did it IPO

1984

Staff Count

17,700

Country

United States

Sector/Industry

Utilities/Utilitiesโ€”Regulated Electric

CEO

Mr. Robert M. Blue

Market Cap

$48.85B

Dominion Energy Inc (D) Financial Data

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

$14.17B

Revenue From 2021

$11.42B

-19.43 %
From Previous Year

Revenue From 2022

$13.94B

22.06 %
From Previous Year

Revenue From 2023

$14.39B

3.26 %
From Previous Year
  • Revenue TTM $14.59B
  • Operating Margin TTM 36.0%
  • Gross profit TTM $6.96B
  • Return on assets TTM 2.6%
  • Return on equity TTM 8.5%
  • Profit Margin 16.9%
  • Book Value Per Share 31.17%
  • Market capitalisation $48.85B
  • Revenue for 2021 $11.42B
  • Revenue for 2022 $13.94B
  • Revenue for 2023 $14.39B
  • EPS this year (TTM) $2.71

Dominion Energy Inc (D) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

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.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Reuters

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - CNBC

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

D Frequently asked questions

The highest forecasted price for D is $65 from Stephen Byrd at Morgan Stanley.

The lowest forecasted price for D is $49.12 from from

The D analyst ratings consensus are 4 buy ratings, 14 hold ratings, and 0 sell ratings.