Dominion Energy (NYSE:D) Stock Gets Price Target Trim from Mizuho

Dominion Energy (NYSE:D – Free Report) had its target price lowered by Mizuho from $72.00 to $67.00 in a research note issued to investors on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the utilities provider’s stock.

A number of other brokerages have also recently issued reports on D. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price objective for the company from $69.00 to $80.00 in a report on Wednesday, August 19th. BMO Capital Markets increased their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, July 22nd. Scotiabank reduced 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. UBS Group set a $80.00 price target on shares of Dominion Energy in a research report on Wednesday, August 19th. Finally, Evercore boosted their price target on shares of Dominion Energy from $67.00 to $70.00 in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and an average target price of $69.27.

View Our Latest Stock Analysis on D

Dominion Energy Price Performance

Dominion Energy stock opened at $65.35 on Tuesday. The firm has a market capitalization of $57.47 billion, a P/E ratio of 22.77, a PEG ratio of 2.89 and a beta of 0.64. Dominion Energy has a 1 year low of $55.85 and a 1 year high of $72.99. The business has a 50-day moving average of $64.09 and a 200-day moving average of $65.85. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations 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 was up 17.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts anticipate that Dominion Energy will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.

Hedge Funds Weigh In On Dominion Energy

Several institutional investors and hedge funds have recently modified their holdings of the business. Frazier Financial Advisors LLC acquired a new stake in Dominion Energy during the 2nd quarter worth approximately $31,000. Beacon Financial Strategies CORP lifted its stake in Dominion Energy by 269.2% in the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock valued at $33,000 after buying an additional 350 shares in the last quarter. OP Asset Management Ltd bought a new position in Dominion Energy in the first quarter valued at approximately $34,000. Arlington Trust Co LLC boosted its holdings in shares of Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock valued at $34,000 after buying an additional 160 shares during the period. Finally, Burnham & Co LLC acquired a new position in shares of Dominion Energy in the second quarter valued at approximately $34,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

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Dominion Energy Company Profile

(Get Free Report)

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.

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Analyst Recommendations for Dominion Energy (NYSE:D)

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