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


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Dominion Energy (NYSE:D) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.700-4.000 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.910. The company issued revenue guidance of -.Dominion Energy also updated its FY21 guidance to $3.70-4.00 EPS.

Several equities analysts have recently issued reports on D shares. Evercore ISI raised Dominion Energy from an in-line rating to an outperform rating in a report on Thursday, January 21st. Wells Fargo & Company raised shares of Dominion Energy from an equal weight rating to an overweight rating and lifted their price target for the company from $80.00 to $83.00 in a research note on Tuesday, January 26th. KeyCorp boosted their price target on shares of Dominion Energy from $80.00 to $82.00 and gave the stock an overweight rating in a report on Tuesday, April 27th. TheStreet raised shares of Dominion Energy from a c+ rating to a b- rating in a report on Thursday, April 22nd. Finally, Credit Suisse Group raised their price target on shares of Dominion Energy from $80.00 to $90.00 and gave the company an outperform rating in a research note on Tuesday, April 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $83.79.

Shares of D traded down $0.96 during mid-day trading on Tuesday, reaching $79.41. 3,599,125 shares of the company’s stock were exchanged, compared to its average volume of 3,805,882. The business’s fifty day simple moving average is $76.83 and its 200-day simple moving average is $75.97. Dominion Energy has a 52-week low of $67.85 and a 52-week high of $87.34. The stock has a market capitalization of $64.00 billion, a PE ratio of -3,970.50, 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 (NYSE:D) last issued its quarterly earnings results on Tuesday, May 4th. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.02. Dominion Energy had a return on equity of 12.19% and a net margin of 0.10%. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.68 billion. During the same quarter in the previous year, the firm posted $0.92 EPS. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities research analysts predict that Dominion Energy will post 3.63 earnings per share for the current year.

In other Dominion Energy news, Director Mark J. Kington acquired 2,000 shares of the 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. 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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