In the last trading session, 3.63 million shares of the Dominion Energy Inc. (NYSE:D) were traded, and its beta was 0.37. Most recently the company’s share price was $75.67, and it changed around -$0.19 or -0.25% from the last close, which brings the market valuation of the company to $60.22B. D currently trades at a discount to its 52-week high of $86.95, offering almost -14.91% off that amount. The share price’s 52-week low was $67.85, which indicates that the current value has risen by an impressive 10.33% since then. We note from Dominion Energy Inc.’s average daily trading volume that its 10-day average is 2.73 million shares, with the 3-month average coming to 3.41 million.
Dominion Energy Inc. stock received a consensus recommendation rating of an Overweight, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended D as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Dominion Energy Inc. is expected to report earnings per share of $0.77 for the current quarter.
Dominion Energy Inc. (NYSE:D) trade information
Instantly D has showed a red trend with a performance of -0.25% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 78.13 on Tuesday, 07/20/21 increased the stock’s daily price by 3.15%. The company’s shares are currently up 0.63% year-to-date, but still up 1.57% over the last five days. On the other hand, Dominion Energy Inc. (NYSE:D) is 1.14% up in the 30-day period. We can see from the shorts that 7.05 million shares have been sold at a short interest cover period of 1.89 day(s).
The consensus price target as assigned by Wall Street analysts is $84.93, which translates to bulls needing to increase their stock price by 10.9% from its current value. Analyst projections state that D is forecast to be at a low of $77.00 and a high of $92.00. In order for the stock price to hit the forecast high, the stock would need to plunge -21.58% from its current level, while the stock would need to crash -1.76% from its current level to reach the projected low.
Dominion Energy Inc. (D) estimates and forecasts
Dominion Energy Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 6.64 percent over the past six months and at a 9.04% annual growth rate that is well above the industry average of 5.50%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will loss -6.10% in revenue this quarter, and will report an increase of 6.50% in the next quarter. The year-over-year growth rate is expected to be 12.00%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $3.76 billion in revenue for the current quarter. 4 analysts expect Dominion Energy Inc. to make $4.12 billion in revenue for the quarter ending Sep 2021. Analysts predict that the company’s current quarter sales will jump, forecast at 4.90%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.90%. Dominion Energy Inc. earnings are expected to increase by 119.90% in 2021, but the outlook is positive 6.60% per year for the next five years.
Dominion Energy Inc.’s next quarterly earnings report is expected to be released around July 29 and August 02. The annual dividend yield of the stock is 3.33 percent and its annual dividend per share was 2.52. It is important to note, however, that the 3.33% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.27 per year.
Dominion Energy Inc. (NYSE:D)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.28% of Dominion Energy Inc. shares, and 69.31% of them are in the hands of institutional investors. The stock currently has a share float of 69.50%. Dominion Energy Inc. stock is held by 1,807 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Mar 30, 2021, it held 8.41% of the shares, which is about 67.8 million shares worth $5.15 billion.
Blackrock Inc., with 6.81% or 54.89 million shares worth $4.17 billion as of Mar 30, 2021, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Mar 30, 2021. The former held 22.71 million shares worth $1.73 billion, making up 2.82% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 16.5 million shares worth around $1.25 billion, which represents about 2.05% of the total shares outstanding.