Dominion Energy Stock Earnings Estimates Reduced by KeyCorp

Dominion Energy Inc. (NYSE:D) – Research analysts at KeyCorp lowered their FY2027 earnings per share estimates for Dominion Energy in a note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now forecasts that the utilities provider will post earnings per share of $3.78 for the year, down from their prior estimate of $3.79. The consensus estimate for Dominion Energy’s current full-year earnings is $3.59 per share. KeyCorp also issued estimates for Dominion Energy’s FY2028 earnings at $4.04 EPS.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%. Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS.

A number of other analysts also recently issued reports on D. Wells Fargo & Company upgraded shares of Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. Weiss Ratings lowered shares of Dominion Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Truist Financial lowered their price target on shares of Dominion Energy from $66.00 to $62.00 and set a “hold” rating on the stock in a research note on Monday. Scotiabank cut their price target on shares of Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 30th. Finally, BMO Capital Markets increased their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $69.87.

Dominion Energy Trading Down 0.1%

NYSE:D opened at $62.38 on Wednesday. The company has a market cap of $54.87 billion, a P/E ratio of 21.74, a price-to-earnings-growth ratio of 2.90 and a beta of 0.64. Dominion Energy has a twelve month low of $55.85 and a twelve month high of $72.99. The business has a 50 day moving average price of $64.74 and a two-hundred day moving average price of $65.78. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.

Hedge Funds Weigh In On Dominion Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Dominion Energy during the second quarter worth $4,986,439,000. State Street Corp grew its position in shares of Dominion Energy by 3.5% in the 2nd quarter. State Street Corp now owns 50,917,469 shares of the utilities provider’s stock valued at $3,477,154,000 after acquiring an additional 1,704,954 shares during the period. Bank of America Corp DE acquired a new position in shares of Dominion Energy during the 2nd quarter worth about $996,984,000. Bank of New York Mellon Corp acquired a new position in shares of Dominion Energy during the 2nd quarter worth about $697,388,000. Finally, Legal & General Group Plc acquired a new position in shares of Dominion Energy during the 2nd quarter worth about $467,353,000. 73.04% of the stock is owned by institutional investors.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, September 4th. Dominion Energy’s dividend payout ratio is presently 93.03%.

Key Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion Energy is expanding its EnergyShare assistance program in South Carolina and committing $3 million to help customers pay energy bills. The initiative may strengthen the company’s community and regulatory relationships, although its direct financial impact is likely limited. Dominion Energy Expands EnergyShare Program
• Neutral Sentiment: Senior-focused energy-assistance events are connecting South Carolina customers with Dominion and community resources. The coverage reinforces the company’s broader affordability efforts but does not materially change earnings expectations. Lowcountry partners connect seniors with resources at energy assistance event
• Neutral Sentiment: A Dominion–NextEra merger hearing examined potential effects on electricity rates and demand from data centers. The proceeding could influence the transaction’s eventual terms and strategic value, but no final decision was reported. Dominion-NextEra merger hearing focused on rates, data centers
• Negative Sentiment: Public comments from residents and limits on access to a commission memo highlight opposition and procedural uncertainty surrounding the proposed Dominion–NextEra merger. That uncertainty may weigh on the stock until regulators provide greater clarity. Commission limits access to memo in Dominion merger review
• Negative Sentiment: Truist Financial lowered its Dominion Energy price target from $66 to $62 and maintained a “hold” rating, signaling reduced near-term upside expectations and contributing to pressure on the shares.

Dominion Energy Company Profile

Dominion Energy, Inc is an energy company headquartered in Richmond, Virginia. Through its regulated utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers.

Dominion Energy’s primary electric utility operations serve customers in Virginia and northeastern North Carolina. The company also operates Dominion Energy South Carolina, which provides electric and natural gas services in South Carolina.