Dominion Energy (D) to Release Earnings on Friday

Dominion Energy (NYSE:D) is scheduled to be posting its quarterly earnings results before the market opens on Friday, November 1st. Analysts expect Dominion Energy to post earnings of $0.93 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Dominion Energy (NYSE:D) last posted its earnings results on Thursday, August 1st. The utilities provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.09. Dominion Energy had a net margin of 11.63% and a return on equity of 7.69%. The firm had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.73 billion. During the same period in the previous year, the firm earned $0.53 EPS. The business’s quarterly revenue was up 10.1% on a year-over-year basis. On average, analysts expect Dominion Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Dominion Energy Stock Down 0.2 %

D stock opened at $60.78 on Friday. Dominion Energy has a one year low of $39.44 and a one year high of $61.26. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.78 and a current ratio of 0.93. The firm’s fifty day moving average is $57.41 and its 200 day moving average is $53.57. The firm has a market cap of $50.91 billion, a PE ratio of 31.33, a P/E/G ratio of 1.60 and a beta of 0.60.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 30th were paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend was Friday, August 30th. Dominion Energy’s payout ratio is currently 137.63%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on D. Barclays upped their price target on Dominion Energy from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Scotiabank upped their target price on Dominion Energy from $48.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. BMO Capital Markets increased their target price on Dominion Energy from $53.00 to $57.00 and gave the company a “market perform” rating in a research report on Monday, August 5th. Jefferies Financial Group started coverage on shares of Dominion Energy in a research report on Friday, September 20th. They issued a “hold” rating and a $58.00 target price on the stock. Finally, JPMorgan Chase & Co. lifted their price target on Dominion Energy from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.40.

About Dominion Energy

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.