As of close of business last night, Dominion Energy Inc’s stock clocked out at $44.79, down -6.36% from its previous closing price of $47.83. In other words, the price has decreased by -$3.04 from its previous closing price. On the day, 13827225 shares were traded. D stock price reached its highest trading level at $47.00 during the session, while it also had its lowest trading level at $44.17.
Ratios:
To gain a deeper understanding of D’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on November 06, 2023, Upgraded its rating to Overweight and sets its target price to $47 from $45 previously.
On October 16, 2023, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform and also lowered its target price recommendation from $56 to $46.
On August 23, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $52.Barclays initiated its Equal Weight rating on August 23, 2023, with a $52 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 01 when Leopold Diane sold 6,250 shares for $45.51 per share. The transaction valued at 284,453 led to the insider holds 88,126 shares of the business.
STORY SUSAN N bought 54 shares of D for $2,900 on Jun 20. The Director now owns 22,162 shares after completing the transaction at $53.70 per share. On Jun 01, another insider, Leopold Diane, who serves as the Exec. Vice President and COO of the company, sold 6,250 shares for $49.16 each. As a result, the insider received 307,251 and left with 100,115 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, D now has a Market Capitalization of 37.51B and an Enterprise Value of 83.35B. As of this moment, Dominion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.58, and their Forward P/E ratio for the next fiscal year is 13.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 5.79 whereas that against EBITDA is 12.22.
Stock Price History:
Over the past 52 weeks, D has reached a high of $58.69, while it has fallen to a 52-week low of $39.18. The 50-Day Moving Average of the stock is 46.35, while the 200-Day Moving Average is calculated to be 47.72.
Shares Statistics:
It appears that D traded 5.36M shares on average per day over the past three months and 7.94M shares per day over the past ten days. A total of 838.00M shares are outstanding, with a floating share count of 836.18M. Insiders hold about 0.14% of the company’s shares, while institutions hold 73.63% stake in the company. Shares short for D as of Feb 15, 2024 were 11.94M with a Short Ratio of 2.23, compared to 8.97M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.42% and a Short% of Float of 1.43%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.67, D has a forward annual dividend rate of 3.34. Against a Trailing Annual Dividend Yield of 5.58%, it implies a Forward Annual Dividend Yield of 5.96%. The stock’s 5-year Average Dividend Yield is 4.39. The current Payout Ratio is 116.75% for D, which recently paid a dividend on Mar 20, 2024 with an ex-dividend date of Feb 29, 2024. Stock splits for the company last occurred on Nov 20, 2007 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.92 for the current quarter, with a high estimate of $1.31 and a low estimate of $0.64, while EPS last year was $0.99. The consensus estimate for the next quarter is $0.69, with high estimates of $0.82 and low estimates of $0.56.
Analysts are recommending an EPS of between $3.48 and $2.64 for the fiscal current year, implying an average EPS of $3.04. EPS for the following year is $3.4, with 16 analysts recommending between $3.54 and $3.2.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $4.68B. It ranges from a high estimate of $5.4B to a low estimate of $3.73B. As of the current estimate, Dominion Energy Inc’s year-ago sales were $5.25B, an estimated decrease of -10.80% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $4.15B, an increase of 11.40% over than the figure of -$10.80% in the same quarter last year. There is a high estimate of $4.67B for the next quarter, whereas the lowest estimate is $3.4B.
A total of 13 analysts have provided revenue estimates for D’s current fiscal year. The highest revenue estimate was $21.62B, while the lowest revenue estimate was $14.58B, resulting in an average revenue estimate of $17.04B. In the same quarter a year ago, actual revenue was $14.39B, up 18.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $16.91B in the next fiscal year. The high estimate is $22.61B and the low estimate is $13.84B. The average revenue growth estimate for next year is down -0.80% from the average revenue estimate for this year.
