Dominion Energy (NYSE:D – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 3.250-3.540 for the period, compared to the consensus EPS estimate of 3.390. The company issued revenue guidance of -. Dominion Energy also updated its FY 2024 guidance to 2.680-2.830 EPS.
Analysts Set New Price Targets
D has been the topic of several analyst reports. Scotiabank lifted their target price on Dominion Energy from $48.00 to $58.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. JPMorgan Chase & Co. upped their price objective on shares of Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. Barclays lifted their target price on shares of Dominion Energy from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Jefferies Financial Group began coverage on shares of Dominion Energy in a report on Friday, September 20th. They set a “hold” rating and a $58.00 price target for the company. Finally, BMO Capital Markets boosted their target price on Dominion Energy from $53.00 to $57.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $55.40.
Dominion Energy Stock Performance
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The utilities provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.09. The business had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.73 billion. Dominion Energy had a return on equity of 7.69% and a net margin of 11.63%. The business’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 EPS. As a group, equities analysts anticipate that Dominion Energy will post 2.76 EPS for the current fiscal year.
Dominion Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, November 29th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.49%. Dominion Energy’s dividend payout ratio (DPR) is presently 140.53%.
Dominion Energy Company Profile
Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
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