Dominion Energy (NYSE:D) received a $79.00 price target from equities research analysts at Wolfe Research in a research report issued to clients and investors on Monday. The firm presently has a “hold” rating on the utilities provider’s stock. Wolfe Research’s target price would suggest a potential upside of 5.07% from the company’s current price.

Several other equities research analysts also recently commented on D. Zacks Investment Research downgraded Dominion Energy from a “hold” rating to a “sell” rating in a report on Friday, March 8th. Mizuho began coverage on Dominion Energy in a report on Monday, March 11th. They set a “neutral” rating and a $76.00 target price on the stock. Argus reiterated a “buy” rating on shares of Dominion Energy in a report on Wednesday, February 27th. ValuEngine upgraded Dominion Energy from a “hold” rating to a “buy” rating in a report on Saturday, December 15th. Finally, Macquarie downgraded Dominion Energy from an “outperform” rating to a “neutral” rating in a report on Monday. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $84.31.

Dominion Energy stock opened at $75.19 on Monday. The stock has a market capitalization of $61.24 billion, a PE ratio of 18.57, a PEG ratio of 3.37 and a beta of 0.22. The company has a current ratio of 0.67, a quick ratio of 0.49 and a debt-to-equity ratio of 1.41. Dominion Energy has a 12 month low of $61.53 and a 12 month high of $77.22.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, February 1st. The utilities provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.02). The firm had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Dominion Energy had a return on equity of 12.85% and a net margin of 18.31%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. On average, equities analysts forecast that Dominion Energy will post 4.2 earnings per share for the current fiscal year.

In other Dominion Energy news, Director D Maybank Hagood acquired 1,965 shares of the stock in a transaction on Wednesday, March 13th. The stock was purchased at an average price of $76.34 per share, for a total transaction of $150,008.10. Following the purchase, the director now directly owns 2,975 shares in the company, valued at $227,111.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert H. Spilman, Jr. sold 1,215 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $76.01, for a total value of $92,352.15. Following the sale, the director now owns 23,598 shares of the company’s stock, valued at approximately $1,793,683.98. The disclosure for this sale can be found here. 0.34% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of D. Nalls Sherbakoff Group LLC acquired a new position in shares of Dominion Energy in the 4th quarter worth approximately $26,000. Altshuler Shaham Ltd acquired a new position in Dominion Energy during the 4th quarter valued at approximately $27,000. Athena Capital Advisors LLC acquired a new position in Dominion Energy during the 4th quarter valued at approximately $28,000. Heritage Trust Co boosted its position in Dominion Energy by 58.8% during the 4th quarter. Heritage Trust Co now owns 405 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 150 shares during the period. Finally, Clarfeld Financial Advisors LLC acquired a new position in Dominion Energy during the 4th quarter valued at approximately $36,000. Institutional investors own 58.26% of the company’s stock.

About Dominion Energy

Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.

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Analyst Recommendations for Dominion Energy (NYSE:D)

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