Dominion Energy (NYSE:D) Issues FY 2026 Earnings Guidance

Dominion Energy (NYSE:D) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.450-3.690 for the period, compared to the consensus EPS estimate of 3.590. The company issued revenue guidance of -.

Dominion Energy Stock Down 0.9%

Shares of D traded down $0.57 during trading hours on Friday, hitting $63.93. The company had a trading volume of 6,257,867 shares, compared to its average volume of 4,210,771. The firm has a fifty day moving average price of $62.56 and a 200-day moving average price of $61.27. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77. The stock has a market capitalization of $56.19 billion, a price-to-earnings ratio of 18.58, a P/E/G ratio of 3.39 and a beta of 0.65. Dominion Energy has a 52-week low of $52.53 and a 52-week high of $67.57.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.Dominion Energy’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts forecast that Dominion Energy will post 3.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

D has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Truist Financial initiated coverage on Dominion Energy in a research report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 target price for the company. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Morgan Stanley decreased their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, Bank of America boosted their target price on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and a consensus price target of $65.69.

Dominion Energy News Roundup

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Q1 operating EPS and revenue beat estimates — operating EPS $0.95 vs. $0.89 expected (+6.95%); revenue $5.02B vs. ~$4.43B expected (+~17%). Strong top-line growth (Y/Y +23%) supports earnings outlook and shows demand strength. Dominion Energy (D) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Operational drivers: higher Virginia power demand, favorable weather and RNG tax credits helped results; Coastal Virginia Offshore Wind (CVOW) progress noted on the call, supporting the company’s transition/renewables thesis. Dominion beats quarterly profit estimates on higher Virginia power demand
• Neutral Sentiment: FY2026 operating EPS guidance reaffirmed at $3.450–$3.690 (company midpoint ? $3.57 vs. street ? $3.59). Reaffirmation reduces surprise risk but the lower bound sits below consensus, leaving limited upside from guidance alone. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: GAAP net income declined Y/Y (Q1 GAAP $0.69/shr vs. $0.77/shr prior year) even though operating (non?GAAP) EPS beat — the GAAP miss and mix differences can pressure sentiment among more conservative investors. Dominion Energy Announces First-Quarter 2026 Results
• Negative Sentiment: Regulatory/reputational risk: a new state law mandates review of Dominion’s load forecasting amid data center growth — potential for regulatory scrutiny or changes to planning assumptions. New state law mandates review of Dominion’s load forecasting, as data centers raise concerns
• Negative Sentiment: Customer impact headlines: local reports of electric-bill increases (e.g., Culpeper) could attract negative publicity and political pressure around rates. That can influence regulatory outcomes and near-term sentiment. Culpeper residents to see increase in electric bill driven by higher power costs

Institutional Investors Weigh In On Dominion Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in D. Wellington Management Group LLP increased its holdings in Dominion Energy by 46.2% in the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after acquiring an additional 14,197,581 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in Dominion Energy in the 4th quarter worth approximately $125,495,000. State Street Corp increased its holdings in Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after acquiring an additional 1,686,050 shares in the last quarter. Invesco Ltd. increased its holdings in Dominion Energy by 10.8% in the 3rd quarter. Invesco Ltd. now owns 11,545,003 shares of the utilities provider’s stock worth $706,208,000 after acquiring an additional 1,129,130 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Dominion Energy by 8.5% in the 4th quarter. Morgan Stanley now owns 11,910,925 shares of the utilities provider’s stock worth $697,861,000 after purchasing an additional 929,668 shares during the period. 73.04% of the stock is owned by hedge funds and other institutional investors.

About Dominion Energy

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.