Dominion Energy Inc. (NYSE:D) Stock Has Average Target Price of $70.00

Dominion Energy Inc. (NYSE:D) has received an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $69.69.

D has been the subject of a number of research reports. BMO Capital Markets upped their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. UBS Group set a $80.00 price target on Dominion Energy in a report on Wednesday, August 19th. TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Barclays dropped their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised Dominion Energy to a “strong-buy” rating in a research note on Thursday, September 24th.

More Dominion Energy News

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

• Positive Sentiment: Relative market strength: Dominion Energy rose while the broader market weakened, suggesting defensive-utility demand and possible investor interest in the company’s stable earnings and dividend profile. Dominion Energy Rises As Market Takes a Dip: Key Facts
• Positive Sentiment: Customer-assistance program expanded: Dominion announced $3 million in support for South Carolina customers struggling with energy bills. The initiative could improve regulatory and community relations, although it also represents an additional near-term cost. Dominion Energy Expanding Assistance Program for Customers in South Carolina
• Neutral Sentiment: Merger review remains in focus: A Virginia State Corporation Commission hearing examined Dominion’s proposed combination with NextEra, including the impact on utility rates and electricity demand from data centers. The outcome could influence future investment, customer bills and shareholder value. Dominion-NextEra Merger Hearing Focused on Rates and Data Centers
• Neutral Sentiment: Residents in Loudoun and Fairfax counties weighed in on the merger, highlighting local scrutiny and potential political challenges. Regulators also limited access to a memo connected with the review, adding uncertainty around the process. Loudoun Residents Speak Out on Dominion Merger During SCC Hearing
• Negative Sentiment: Analyst target cut: Truist Financial lowered its price target from $66 to $62 and maintained a “hold” rating, signaling limited expected appreciation and reducing a potential catalyst for the stock.
• Negative Sentiment: Virginia’s lieutenant governor warned that the Dominion-NextEra transaction could lead to higher utility bills, reinforcing concerns about customer opposition and regulatory resistance. Dominion-NextEra Hits a New Wall in Virginia

Dominion Energy Stock Up 1.3%

D stock opened at $62.44 on Friday. The company has a fifty day moving average price of $64.87 and a 200 day moving average price of $65.77. Dominion Energy has a 12 month low of $55.85 and a 12 month high of $72.99. The company has a market cap of $54.91 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 2.86 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter in the prior year, the business earned $0.75 EPS. Dominion Energy’s quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts expect that Dominion Energy will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cornerstone Planning LLC raised its stake in Dominion Energy by 0.9% in the 2nd quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock valued at $1,180,000 after purchasing an additional 157 shares during the last quarter. Arlington Trust Co LLC boosted its stake in shares of Dominion Energy by 47.1% during the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 160 shares during the last quarter. Navalign LLC boosted its stake in shares of Dominion Energy by 1.2% during the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after purchasing an additional 162 shares during the last quarter. Premier Path Wealth Partners LLC boosted its stake in shares of Dominion Energy by 1.7% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 9,795 shares of the utilities provider’s stock worth $669,000 after purchasing an additional 168 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in shares of Dominion Energy by 4.1% during the second quarter. Turtle Creek Wealth Advisors LLC now owns 4,648 shares of the utilities provider’s stock worth $317,000 after buying an additional 184 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

About Dominion Energy

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.