The Dominion Energy stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. Ever since, it has been continued stagnation, as a built-up in leverage and higher interest rates do not make that I see great appeal here, in fact the contrary. One share of D stock can currently be purchased for approximately $54.69. When it comes to the year-to-date metrics, the Dominion Energy Inc. (D) recorded performance in the market was -4.48%, having the revenues showcasing -6.09% on a quarterly basis in comparison with the same period year before. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks. American Consumer News, LLC dba MarketBeat 2010-2023. Even as the shares of peers like Southern Company and Duke Energy . The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. Get them exclusively at Value In Corporate Events. The company has registered 2.7%, 3.8%, and 1.5% increase in gas customers in Utah, North Carolina, and Ohio, respectively, in the same period. Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. The Top Electric Utility Companies Ranked, The Best Water Utilities that Pay Dividends, The Best Utility ETFs for Income Investors. Domino's delivery problems aren't over. The bank expects to close the acquisition on March 1, subject to other customary closing conditions. Since the summer of 2020, about two and a half years ago by now, shares of Dominion have mostly traded in a $60-$90 range, and by now are actually trading near the very lower limit of the range, at $61 per share. Dominion Energy (D) reportedly is considering the sale of its multi-billion dollar stake in the Cove Point LNG facility. Dominion Energy declared a quarterly dividend on Wednesday, February 8th. Toronto Dominion (TD) was recommended as a Top Pick by on . Given that backdrop, it makes sense that Dominion Energy's stock has lagged its peers. And, to make matters worse, the review is still ongoing and dependent on the outcome of regulatory matters in one of Dominion's most important markets. Furthermore, we provide coverage of situations and names on request! If You Own Twitter Stock, What Does Musk's Deal Mean? When the transactions were called, Lets start up with the current stock price of Braemar Hotels & Resorts Inc. (BHR), which is $4.66 to be very precise. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs and understand your portfolio at a more detailed level. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Specifically, because many expect that U.S. will enter a recession in the near future, economic conditions such as housing starts and unemployment could begin to deteriorate, leading to slow growth in retail electric demand. Dominion Energy's shares have nosedived, falling behind peers. And lastly, it owns midstream energy assets. That's a solid . Analysts expect adjusted earnings to reach $3.989 per share for the current fiscal year. The following companies are subsidiares of Dominion Energy: 96WI 8me LLC, Align RNG Arizona LLC, Align RNG Arizona-Snowflake LLC, Align RNG California LLC, Align RNG California-Corcoran LLC, Align RNG Grady Road LLC, Align RNG LLC, Align RNG Magnolia LLC, Align RNG North Carolina LLC, Align RNG North Carolina-Bowdens LLC, Align RNG Utah LLC, Align RNG Utah-Milford LLC, Align RNG Utah-Minersville LLC, Align RNG Virginia LLC, Align RNG Virginia-Waverly LLC, Alpaca Holdings LLC, Angus Holdings LLC, Aster Holdings LLC, Atlantic Coast Pipeline LLC, BOE Holdings Inc., Bantam Holdings LLC, Bellflower Holdings LLC, Birdseye Holdings LLC, Birdseye Projects LLC, Birdseye Renewable Energy LLC, Blackville Solar Farm LLC, Blue Ocean Energy Marine LLC, BrightSuite Home LLC, BrightSuite Home Solar Inc., BrightSuite Inc., BrightSuite Solar CT Inc., BrightSuite Solar Development LLC, BrightSuite Solar SC Inc., BrightSuite Solar VA Inc., Brown Swiss Holdings II LLC, Buckingham Solar I LLC, CEA Americus LLC, CEA CO-Fort Morgan LLC, CEA Clovis LLC, CEA Dairy RNG Colorado LLC, CEA Dairy RNG Georgia LLC, CEA Dairy RNG Idaho LLC, CEA Dairy RNG Kansas LLC, CEA Dairy RNG Nevada LLC, CEA Dairy RNG New Mexico LLC, CEA Dairy RNG Texas LLC, CEA Greely LLC, CEA Mason LLC, CEA TX-Dimmitt LLC, CNG Coal Company, CNG Power Services Corporation, Canola Holdings LLC, Carolina Gas Transmission Corporation, Charolais Holdings LLC, Chester White Holdings LLC, Chicory Holdings LLC, Clean Energy Asset USA LLC, Clean Energy Enterprises Inc., Clipperton Holdings LLC, Collard Holdings LLC, Consolidated Natural Gas Company, Correctional Solar LLC, Cotswold Holdings LLC, Cove Point LNG Limited, Currant Holdings LLC, DE 700 Canal Place LLC, DE Arlington Solar LLC, DE Fluvanna Solar LLC, DE Hanover Solar LLC, DE Henrico Solar LLC, DE King William Solar LLC, DE Louisa Solar LLC, DE Newport News Solar LLC, DE Powhatan Solar LLC, DE Virginia Beach Solar LLC, DECP Holdings Inc., DEO Alternative Fuel LLC, Dairy RNG Holdings LLC, Denmark Solar LLC, Devon Holdings LLC, Dexter Holdings LLC, Dill Holdings LLC, Dillon RE Holdings LLC, Dominion ACP Holding Inc., Dominion Alternative Energy Holdings Inc., Dominion Atlantic Coast Pipeline LLC, Dominion Capital Inc., Dominion Cogen WV Inc., Dominion Energy Birdseye Holdings Inc., Dominion Energy Fuel Services Inc., Dominion Energy Gas Distribution LLC, Dominion Energy Generation Marketing Inc., Dominion Energy Inc., Dominion Energy Kewaunee Inc., Dominion Energy Marketplace LLC, Dominion Energy Nuclear Connecticut Inc., Dominion Energy Payroll Company Inc., Dominion Energy Questar Corporation, Dominion Energy RNG Holdings II Inc., Dominion Energy RNG Holdings Inc., Dominion Energy Services Inc., Dominion Energy Solar CA LLC, Dominion Energy South Carolina Inc., Dominion Energy Southeast Services Inc., Dominion Energy Technical Solutions Inc., Dominion Energy Technologies II Inc., Dominion Energy Technologies Inc., Dominion Energy Terminal Company Inc., Dominion Energy Wexpro Services Company, Dominion Equipment III Inc., Dominion Equipment Inc., Dominion Fairless Hills Inc., Dominion Fowler Ridge Wind LLC, Dominion Gas Projects Company LLC, Dominion Generation Inc., Dominion Greenbrier Inc., Dominion High Voltage Holdings Inc., Dominion High Voltage MidAtlantic Inc., Dominion Investments Inc., Dominion Keystone Pipeline Holdings Inc., Dominion Keystone Pipeline LLC, Dominion MLP Holding Company III Inc., Dominion Mt. See who is leading new copper discoveries and how. At that time, Dominion controlled a partnership that it had intended to use as a funding vehicle. 0:55. The average Dominion Energy stock price prediction forecasts a potential upside of 19.43% from the current D share price of $57.71. Don't forget to read about Should You Buy Tesla Stock? Notably, Dominion Energy has a Zacks Rank #3 (Hold). contact@marketbeat.com Rewards. This A Test! Debt is not well covered by operating cash flow. Dominion Energy is one the largest utilities in the United States. An Overview of Blue Chips. Similarly, the company affirms to reach the operating earnings between $0.70 to $0.80 in the second quarter of this year. Reuben Gregg Brewer owns shares of Dominion Energy, Inc. Cost basis and return based on previous market day close. PEG Ratios above 1 indicate that a company could be overvalued. Check Also: Bank of America Stock Price Today - BAC Making Huge Revenues in a Bear Market and Why is Apple Dividend So Low? Dominion Energy Inc. initiated delivering electricity, power and natural gas in 1983. It wasn't the only company facing material pushback, however, as the entire pipeline industry was seeing the same kind of trouble. While a 15 times earnings multiple looks reasonable, the issue is that earnings are quite adjusted and that growth is hard to come by. A hold rating indicates that analysts believe investors should maintain any existing positions they have in D, but not buy additional shares or sell existing shares. The consensus among Wall Street equities research analysts is that investors should "hold" D shares. Dominion Energy Incs trailing 12-month revenue is $17.2 billion with a 5.2% profit margin. What is Dominion Energy's stock price forecast for 2023? The Motley Fool recommends Dominion Energy, Inc and recommends the following options: long January 2021 $200 calls on Berkshire Hathaway (B shares), short January 2021 $200 puts on Berkshire Hathaway (B shares), and short September 2020 $200 calls on Berkshire Hathaway (B shares). Dominion Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Oil & Gas 360 c/o EnerCom, Inc. 410 17th Street Suite 250 Denver, CO 80202 360support@enercominc.com 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 Luna Innovations Partners to Deliver Clean Energy from Largest Offshore Wind Project in the U.S. Luna to provide monitoring services for Dominion Energy's offshore wind project. I see no real appeal at these levels, despite a soft share price performance, on the back of structural underperformance here. Here is a brief analysis on this energy stock to learn how one can get a stable dividend yield during a recession when the FED is committed to adopting a more aggressive policy for curbing unrestrained inflation. TORONTO TD Bank Group says it has received all of the regulatory approvals required under its deal to buy U.S. investment bank Cowen Inc. Even as the shares of peers like Southern Company and Duke Energy have rebounded of late . AAII has helped over 2 million individuals This is certainly the case in relation to the earnings power, free cash flow generation and amidst rapidly rising interest rates. The Quality Score is used to assess the underlying quality of a particular stock. Your email address will not be published. In the case of Dominion, this dividend cut is likely going to make it an even more attractive dividend stock in the long term. Why is Dominion Energy Stock Dropping? Why is Dominion Energy Stock Dropping? With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! The inflation has reached as high as 8.6%, the first time in the forty years. Dominion Energy's management announced a business review plan focusing on capital allocation and the regulatory option to maximize shareholders' returns . Dominion Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "D.". Stockholders of record on Friday, March 3rd will be paid a dividend of $0.6675 per share on Monday, March 20th. Raw Stochastic average of Dominion Energy Inc. in the period of last 50 days is set at 22.04%. I didn't want to overreact, so I figured I'd hold tight and monitor the news. I am not receiving compensation for it (other than from Seeking Alpha). Is Dominion Energy worth watching? US futures are up around 0.3%-0.4%. Currently, the stock surpasses all other competitors in the market capitalization, amounting to 61.95B, only to be followed by Sempra with a market capitalization of 46.25B the second highest in the utility sector. As you can observe the dividends were slashed in 2020 due to the Berkshire Hathaway deal. This stock is likely to stand by you in every thick and thin of the market. The company recorded earnings of $4.24 per share in 2019. Since then, the growth in dividends has slowed down. Russia Ignites West's Battle for Energy Independence. Since then, D stock has decreased by 10.8% and is now trading at $54.69. Total operating expenses increased 33.7% year over year to $3,580 million due to an increase in operating and maintenance costs.Interest and related charges for the reported quarter were $306 million, down 17.3% from the year-ago period.Adjusted net income for the reported quarter was $916 million, down from $946 million in the year-ago quarter.Dominion has registered 1.4% and 2.1% increase in electric customers in Virginia and South Carolina, respectively, year to date. You can use the information about how Dominion Energy Inc stock is graded to determine if you should invest in this specific company. By 2023, the renewable energy capacity will add up to 7GW. Real-time analyst ratings, insider transactions, earnings data, and more. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for D is recording 1.64 at the time of this writing. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Near a 10-Year Low, Could This High-Yield Dividend Stock Turn Around? Dominion Energy (NYSE:D) has a market capitalization of $45.68 billion and generates $17.17 billion in revenue each year. It set a dividend growth target of around 6% a year. Insiders that own company stock include James R Chapman, Mark J Kington, Robert M Blue, Susan N Story and Thomas F Farrell II. Currently, Dominion Energy Incs price-earnings ratio is 52.4. Read my another article on Sempra Energy Stock Dividend, SRE Stock Forecast, NextEra Energy Stock (NEE), NRG Energy Stock and Meta Stock (FB). Sale of its multi-billion dollar stake in the provision of electricity and natural gas to homes businesses... 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