Dominion Energy (NYSE:D) Releases Q2 2021 Earnings Guidance

Dominion Energy (NYSE:D) updated its second quarter 2021 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.700-0.800 for the period, compared to the Thomson Reuters consensus estimate of $0.870. The company issued revenue guidance of -.Dominion Energy also updated its FY 2021 guidance to 3.700-4.000 EPS.

D has been the subject of several analyst reports. TheStreet raised Dominion Energy from a c+ rating to a b- rating in a report on Thursday, April 22nd. Zacks Investment Research cut Dominion Energy from a hold rating to a sell rating and set a $80.00 price objective for the company. in a report on Wednesday, April 7th. Mizuho lifted their price target on Dominion Energy from $75.00 to $76.00 and gave the company a neutral rating in a research note on Friday, January 29th. Evercore ISI upgraded Dominion Energy from an in-line rating to an outperform rating in a research note on Thursday, January 21st. Finally, Credit Suisse Group lifted their price target on Dominion Energy from $80.00 to $90.00 and gave the company an outperform rating in a research note on Tuesday, April 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. Dominion Energy has an average rating of Buy and a consensus target price of $83.79.

Shares of NYSE D traded up $1.24 during mid-day trading on Thursday, hitting $78.38. The company had a trading volume of 2,790,517 shares, compared to its average volume of 3,774,021. The company has a market capitalization of $63.22 billion, a PE ratio of -3,919.00, a price-to-earnings-growth ratio of 3.74 and a beta of 0.30. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.13 and a quick ratio of 1.04. Dominion Energy has a 1-year low of $67.85 and a 1-year high of $87.34. The business’s 50-day simple moving average is $77.70 and its 200 day simple moving average is $75.85.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Tuesday, May 4th. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.01. The business had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.68 billion. Dominion Energy had a return on equity of 12.19% and a net margin of 0.10%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the firm earned $0.92 earnings per share. On average, analysts expect that Dominion Energy will post 3.63 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 20th. Investors of record on Friday, June 4th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 3.22%. The ex-dividend date is Thursday, June 3rd. Dominion Energy’s dividend payout ratio (DPR) is presently 59.43%.

In other news, Director Mark J. Kington acquired 2,000 shares of the company’s stock in a transaction on Thursday, March 4th. The shares were bought at an average price of $69.29 per share, with a total value of $138,580.00. Company insiders own 0.26% of the company’s stock.

About Dominion Energy

Dominion Energy, Inc produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

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Earnings History and Estimates for Dominion Energy (NYSE:D)

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