Growth Story Still Intact For Dominion Energy Inc (D)

Dominion Energy Inc (D) concluded trading on Wednesday at a closing price of $52.63, with 5.86 million shares of worth about $308.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.66% during that period and on December 18, 2024 the price saw a loss of about -1.79%. Currently the company’s common shares owned by public are about 840.00M shares, out of which, 838.87M shares are available for trading.

Stock saw a price change of -3.02% in past 5 days and over the past one month there was a price change of -8.80%. Year-to-date (YTD), D shares are showing a performance of 11.98% which increased to 9.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.53 but also hit the highest price of $61.97 during that period. The average intraday trading volume for Dominion Energy Inc shares is 4.51 million. The stock is currently trading -6.54% below its 20-day simple moving average (SMA20), while that difference is down -8.46% for SMA50 and it goes to -2.03% lower than SMA200.

Dominion Energy Inc (NYSE: D) currently have 840.00M outstanding shares and institutions hold larger chunk of about 76.99% of that.

The stock has a current market capitalization of $44.21B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 18.77, while it has posted earnings per share of $2.80 in the same period. Its PEG reads 1.40 and has Quick Ratio of 0.58 while making debt-to-equity ratio of 1.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for D, volatility over the week remained 1.69% while standing at 1.75% over the month.

Stock’s fiscal year EPS is expected to rise by 38.88% while it is estimated to increase by 22.66% in next year. EPS is likely to grow at an annualized rate of 13.45% for next 5-years, compared to annual growth of -9.37% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on December 02, 2024 offering an Equal-weight rating for the stock and assigned a target price of $61 to it. Coverage by Goldman stated Dominion Energy Inc (D) stock as a Neutral in their note to investors on November 08, 2024, suggesting a price target of $61 for the stock. On September 20, 2024, Jefferies Initiated their recommendations, while on May 10, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $54. Stock get a Market perform rating from BMO Capital Markets on March 11, 2024.

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