Equities analysts expect Dominion Energy Inc (NYSE:D) to post sales of $4.41 billion for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Dominion Energy’s earnings, with estimates ranging from $4.26 billion to $4.56 billion. Dominion Energy posted sales of $3.45 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 27.8%. The company is scheduled to report its next quarterly earnings report on Thursday, November 7th.
On average, analysts expect that Dominion Energy will report full-year sales of $17.47 billion for the current financial year, with estimates ranging from $17.15 billion to $17.93 billion. For the next financial year, analysts expect that the business will post sales of $18.87 billion, with estimates ranging from $17.88 billion to $20.32 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Dominion Energy.
Dominion Energy (NYSE:D) last announced its earnings results on Wednesday, July 31st. The utilities provider reported $0.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.02. The business had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $4.21 billion. Dominion Energy had a net margin of 5.94% and a return on equity of 11.74%. The firm’s revenue was up 28.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 earnings per share.
Several large investors have recently added to or reduced their stakes in D. Interactive Financial Advisors bought a new position in Dominion Energy in the first quarter worth $26,000. Benjamin Edwards Inc. bought a new position in Dominion Energy in the second quarter worth $26,000. Mark Sheptoff Financial Planning LLC raised its holdings in Dominion Energy by 133.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 350 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Manchester Financial Inc. bought a new position in Dominion Energy in the second quarter worth $27,000. Finally, NuWave Investment Management LLC raised its holdings in Dominion Energy by 651.0% in the second quarter. NuWave Investment Management LLC now owns 368 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 319 shares in the last quarter. 64.29% of the stock is owned by hedge funds and other institutional investors.
Shares of D traded down $0.51 during midday trading on Monday, hitting $76.48. 43,199 shares of the company traded hands, compared to its average volume of 4,492,477. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.60 and a quick ratio of 0.42. The stock has a 50-day moving average of $76.39 and a 200-day moving average of $75.86. The firm has a market cap of $62.50 billion, a P/E ratio of 18.86, a PEG ratio of 3.90 and a beta of 0.25. Dominion Energy has a one year low of $67.41 and a one year high of $79.47.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.9175 per share. This represents a $3.67 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Thursday, September 5th. Dominion Energy’s dividend payout ratio (DPR) is presently 90.62%.
Dominion Energy Company Profile
Dominion Energy, Inc produces and transports energy. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities.
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