Dominion Energy (NYSE:D) Issues FY 2026 Earnings Guidance

Dominion Energy (NYSE:D) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.450-3.690 for the period, compared to the consensus EPS estimate of 3.590. The company issued revenue guidance of -.

Dominion Energy Stock Performance

Dominion Energy stock traded down $0.57 during midday trading on Friday, hitting $63.93. The stock had a trading volume of 6,257,867 shares, compared to its average volume of 4,210,771. The firm’s fifty day moving average is $62.56 and its two-hundred day moving average is $61.27. The company has a market capitalization of $56.19 billion, a PE ratio of 18.58, a P/E/G ratio of 3.39 and a beta of 0.67. Dominion Energy has a 52-week low of $52.53 and a 52-week high of $67.57. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts forecast that Dominion Energy will post 3.6 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on D shares. Barclays increased their target price on shares of Dominion Energy from $63.00 to $66.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. TD Cowen initiated coverage on shares of Dominion Energy in a report on Friday, January 9th. They set a “hold” rating and a $65.00 price objective for the company. Wells Fargo & Company cut their price objective on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Mizuho increased their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and a consensus price target of $65.69.

Key Stories Impacting Dominion Energy

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

• Positive Sentiment: Q1 operating EPS and revenue beat estimates — operating EPS $0.95 vs. $0.89 expected (+6.95%); revenue $5.02B vs. ~$4.43B expected (+~17%). Strong top-line growth (Y/Y +23%) supports earnings outlook and shows demand strength. Dominion Energy (D) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Operational drivers: higher Virginia power demand, favorable weather and RNG tax credits helped results; Coastal Virginia Offshore Wind (CVOW) progress noted on the call, supporting the company’s transition/renewables thesis. Dominion beats quarterly profit estimates on higher Virginia power demand
• Neutral Sentiment: FY2026 operating EPS guidance reaffirmed at $3.450–$3.690 (company midpoint ? $3.57 vs. street ? $3.59). Reaffirmation reduces surprise risk but the lower bound sits below consensus, leaving limited upside from guidance alone. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: GAAP net income declined Y/Y (Q1 GAAP $0.69/shr vs. $0.77/shr prior year) even though operating (non?GAAP) EPS beat — the GAAP miss and mix differences can pressure sentiment among more conservative investors. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: Regulatory/reputational risk: a new state law mandates review of Dominion’s load forecasting amid data center growth — potential for regulatory scrutiny or changes to planning assumptions. New state law mandates review of Dominion’s load forecasting, as data centers raise concerns
• Negative Sentiment: Customer impact headlines: local reports of electric-bill increases (e.g., Culpeper) could attract negative publicity and political pressure around rates. That can influence regulatory outcomes and near-term sentiment. Culpeper residents to see increase in electric bill driven by higher power costs

Institutional Investors Weigh In On Dominion Energy

Institutional investors have recently added to or reduced their stakes in the stock. Capital Analysts LLC grew its holdings in shares of Dominion Energy by 2.4% in the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after purchasing an additional 157 shares in the last quarter. Redwood Investment Management LLC grew its holdings in shares of Dominion Energy by 0.6% in the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after purchasing an additional 183 shares in the last quarter. L2 Asset Management LLC grew its holdings in shares of Dominion Energy by 4.9% in the third quarter. L2 Asset Management LLC now owns 4,006 shares of the utilities provider’s stock valued at $245,000 after purchasing an additional 186 shares in the last quarter. Venture Visionary Partners LLC grew its holdings in shares of Dominion Energy by 1.9% in the fourth quarter. Venture Visionary Partners LLC now owns 12,071 shares of the utilities provider’s stock valued at $707,000 after purchasing an additional 224 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Dominion Energy by 0.3% in the second quarter. NewEdge Advisors LLC now owns 69,157 shares of the utilities provider’s stock valued at $3,909,000 after purchasing an additional 226 shares in the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

About Dominion Energy

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.