Dominion Energy Inc (NYSE:D) does about 5.59M shares in volume on a normal day but saw 3919013 shares change hands in Monday trading. The company now has a market cap of 40.41B USD. Its current market price is $48.25, marking a decrease of -0.14% compared to the previous close of $48.32. The 52 week high reached by this stock is $58.69 whilst the lowest price level in 52 weeks is $39.18.
Dominion Energy Inc (D) has a 20-day trading average at $47.65 and the current price is -17.79% off the 52-week high compared with 23.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $46.37 and its 200-day simple moving average is $47.44. If we look at the stock’s price movements over the week, volatility stands at 1.47%, which increases to 2.41% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.59 to suggest the stock is neutral.
The consensus objective for the share price is $49.05, suggesting that the stock has a potential upside of 1.63% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 11, 2024 when BMO Capital Markets downgraded the stock to “Market Perform” and issued a price target of $49. Barclays upgraded the stock to “Overweight” from Equal Weight on November 06, 2023 at a price target of $45-$47. Scotiabank downgraded its price target at $56-$46.
Dominion Energy Inc (D) stock is down -0.54% over the week and 0.81% over the past month. Its price is 2.66% year-to-date and -7.60% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $0.29 below consensus estimates by -$0.09. D’s earnings per share are forecast to grow by 50.30% this year and 14.40% over next year. Expected sales for next quarter are $3.96 billion, which analysts say will come at $16.18 billion for the current fiscal year and next year at $16.43 billion. In addition, estimates put the company’s current quarterly revenue at an average of $4.55 billion.
To reach the target analysts have set, the stock logically needs to grow 1.63 percent from here.
Outstanding shares total 838.00M with insiders holding 0.14% of the shares and institutional holders owning 74.51% of the company’s common stock. The company has a return on investment of 3.12% and return on equity of 9.38%. The price to earnings ratio (P/E ratio) amounts to 21.09 while the forward price to earnings ratio is 14.27. The beta has a value of 0.61. Price to book ratio is 1.57 and price to sales ratio is 2.51.
