Dividends can be paid by check or electronic deposit, or may be . To see all exchange delays and terms of use please see Barchart's disclaimer. Dominion Energy (D) reportedly is considering the sale of its multi-billion dollar stake in the Cove Point LNG facility. Sie knnen Ihre Einstellungen jederzeit ndern. The Dow Jones Industrial Average fell 346.93 points, or 1.15%, to 29,926.94. The Earnings Estimate Revisions Score is based on the statistical significance of a firms last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months. Dominion Energy (NYSE:D) closed -6% in Monday's trading to its lowest in nine years, capping a 26% YTD drubbing, after suffering several downgrades from Wall Street . Therefore, investing in a water services company is a good bet. The utilities provider earned $4.91 billion during the quarter, compared to analyst estimates of $4.21 billion. Why is Book Value per Share Important when Assessing Utilities? As expected, the dividends have witnessed an uptrend and it is growing steadily. Dominion Energy has a P/B Ratio of 1.76. The Smart Score is a quantitative, data-driven rating system and does not include human intervention. Operating earnings, however, decreased 6.1% year over year . The energy sector in Canada is vast, comprising a large portion of the TSX. Dominion Energy Virginia: Net income from this segment was $613 million, down 2.5% year over year.Gas Distribution: Net income from this segment was $64 million, up 48.8% on a year-over-year basis.Dominion Energy South Carolina: Net income from this segment was $157 million, down 5.4% year over year.Contracted Generation: The segments net income was $112 million, up 30.2% year over year.Corporate and Other: The segments net loss was $30 million against earnings of $22 million in the year-ago quarter. Goldman's tepid upgrade follows several recent downgrades, including Bank of America's two-notch cut to Underperform from Buy, as it anticipates "another deeper than expected EPS reset" ahead following the business review, and while fundamentals had been steadily improving, the outlook has deteriorated due to the rise in interest rates. How much money does Dominion Energy make? Currently, the Virginia-based company has 15 projects underway with 24 planned power purchase agreements in 2022. We expect an in-line return from the stock in the next few months. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Dominion Energy, Inc. (NYSE:D) posted its earnings results on Wednesday, February, 8th. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. As of Sep 30, 2020, Dominion had cash and cash equivalents of $413 million, up from $135 million on Dec 31, 2019.Total long-term debt as of Sep 30, 2020 was $33,145 million, up from $28,998 million on Dec 31, 2019. The company recorded earnings of $4.24 per share in 2019. The company's average rating score is 2.13, and is based on 3 buy ratings, 11 hold ratings, and 1 sell rating. The Quality Score is used to assess the underlying quality of a particular stock. I understood that cautious reaction as I have been quite skeptical on the utility model, with production getting more decentralized, and while the strategic direction made sense, the price simply felt too low to see appeal. American Consumer News, LLC dba MarketBeat 2010-2023. Specifically, because many expect that U.S. will enter a recession in the near future, economic conditions such as housing starts and unemployment could begin to deteriorate, leading to slow growth in retail electric demand. Dominion's (D) strategic review could result in asset sales, but Goldman is not convinced such sales would materially impact the company's long-term earnings power, and that the review itself implies uncertainty ahead for the core businesses. You can read further details here. Data Centers Are Pushing This Dividend Stock's Growth Plan to the Limit, Dominion Energy's Giant Wind Farm Project Just Hit a Big Snag, 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, As Nio Loses Money, Another Growth Stock Is Speaking Wall Street's Language, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Oil & Gas 360 c/o EnerCom, Inc. 410 17th Street Suite 250 Denver, CO 80202 360support@enercominc.com 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 This A Test! Dominion Energy (NYSE:D) has a market capitalization of $45.68 billion and generates $17.17 billion in revenue each year. That's a strong number in the utility space. U.S. utility giant Dominion Energy (NYSE: D) saw its share prices drop roughly 25% over the past year. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. What should investors think after the latest earnings update? Required fields are marked *. That update was less than inspiring. Despite the many moving parts, but overall, no clear direction of travel, the company guided for 2022 earnings between $3.95 and $4.25 per share, badly needed as growth was hard to find, and the lower dividend commitment still need to be maintained. View the best growth stocks for 2023 here. The Earnings Estimate Revisions Score considers the magnitude of a companys earnings surprise in its last two reported fiscal quarters. The following companies are subsidiares of Dominion Energy: 96WI 8me LLC, Align RNG Arizona LLC, Align RNG Arizona-Snowflake LLC, Align RNG California LLC, Align RNG California-Corcoran LLC, Align RNG Grady Road LLC, Align RNG LLC, Align RNG Magnolia LLC, Align RNG North Carolina LLC, Align RNG North Carolina-Bowdens LLC, Align RNG Utah LLC, Align RNG Utah-Milford LLC, Align RNG Utah-Minersville LLC, Align RNG Virginia LLC, Align RNG Virginia-Waverly LLC, Alpaca Holdings LLC, Angus Holdings LLC, Aster Holdings LLC, Atlantic Coast Pipeline LLC, BOE Holdings Inc., Bantam Holdings LLC, Bellflower Holdings LLC, Birdseye Holdings LLC, Birdseye Projects LLC, Birdseye Renewable Energy LLC, Blackville Solar Farm LLC, Blue Ocean Energy Marine LLC, BrightSuite Home LLC, BrightSuite Home Solar Inc., BrightSuite Inc., BrightSuite Solar CT Inc., BrightSuite Solar Development LLC, BrightSuite Solar SC Inc., BrightSuite Solar VA Inc., Brown Swiss Holdings II LLC, Buckingham Solar I LLC, CEA Americus LLC, CEA CO-Fort Morgan LLC, CEA Clovis LLC, CEA Dairy RNG Colorado LLC, CEA Dairy RNG Georgia LLC, CEA Dairy RNG Idaho LLC, CEA Dairy RNG Kansas LLC, CEA Dairy RNG Nevada LLC, CEA Dairy RNG New Mexico LLC, CEA Dairy RNG Texas LLC, CEA Greely LLC, CEA Mason LLC, CEA TX-Dimmitt LLC, CNG Coal Company, CNG Power Services Corporation, Canola Holdings LLC, Carolina Gas Transmission Corporation, Charolais Holdings LLC, Chester White Holdings LLC, Chicory Holdings LLC, Clean Energy Asset USA LLC, Clean Energy Enterprises Inc., Clipperton Holdings LLC, Collard Holdings LLC, Consolidated Natural Gas Company, Correctional Solar LLC, Cotswold Holdings LLC, Cove Point LNG Limited, Currant Holdings LLC, DE 700 Canal Place LLC, DE Arlington Solar LLC, DE Fluvanna Solar LLC, DE Hanover Solar LLC, DE Henrico Solar LLC, DE King William Solar LLC, DE Louisa Solar LLC, DE Newport News Solar LLC, DE Powhatan Solar LLC, DE Virginia Beach Solar LLC, DECP Holdings Inc., DEO Alternative Fuel LLC, Dairy RNG Holdings LLC, Denmark Solar LLC, Devon Holdings LLC, Dexter Holdings LLC, Dill Holdings LLC, Dillon RE Holdings LLC, Dominion ACP Holding Inc., Dominion Alternative Energy Holdings Inc., Dominion Atlantic Coast Pipeline LLC, Dominion Capital Inc., Dominion Cogen WV Inc., Dominion Energy Birdseye Holdings Inc., Dominion Energy Fuel Services Inc., Dominion Energy Gas Distribution LLC, Dominion Energy Generation Marketing Inc., Dominion Energy Inc., Dominion Energy Kewaunee Inc., Dominion Energy Marketplace LLC, Dominion Energy Nuclear Connecticut Inc., Dominion Energy Payroll Company Inc., Dominion Energy Questar Corporation, Dominion Energy RNG Holdings II Inc., Dominion Energy RNG Holdings Inc., Dominion Energy Services Inc., Dominion Energy Solar CA LLC, Dominion Energy South Carolina Inc., Dominion Energy Southeast Services Inc., Dominion Energy Technical Solutions Inc., Dominion Energy Technologies II Inc., Dominion Energy Technologies Inc., Dominion Energy Terminal Company Inc., Dominion Energy Wexpro Services Company, Dominion Equipment III Inc., Dominion Equipment Inc., Dominion Fairless Hills Inc., Dominion Fowler Ridge Wind LLC, Dominion Gas Projects Company LLC, Dominion Generation Inc., Dominion Greenbrier Inc., Dominion High Voltage Holdings Inc., Dominion High Voltage MidAtlantic Inc., Dominion Investments Inc., Dominion Keystone Pipeline Holdings Inc., Dominion Keystone Pipeline LLC, Dominion MLP Holding Company III Inc., Dominion Mt. The industry is predicted to experience negative effects from several near-term operating headwinds, but these are to be balanced out by record-level projections for capital spending that is expected to support earnings growth. Momentum is based on the price change of a stock over a specified period relative to all other stocks. Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals. Expected positive drivers for 2020 . Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. In addition, long term Debt to Equity ratio is set at 1.42. Lastly, its important to evaluate a stock by comparing it against others in the same industry. Zach Gibson/Getty Images News. Please disable your ad-blocker and refresh. 3 Top Dividend Stocks to Buy Now That Are Down 23% to 27%. Insiders that own company stock include James R Chapman, Mark J Kington, Robert M Blue, Susan N Story and Thomas F Farrell II. Get Dominion Energy Inc (D:NYSE) real-time stock quotes, news, price and financial information from CNBC. In early July, giant U.S. utility Dominion Energy ( D -1.18%) announced that it was making a big change: By the end of . The payout ratio, meanwhile, is expected to drop from over 80% (at the high end of the sector) to a more reasonable 65%. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures. Considering, the past performance of Dominion Energy Inc., multiple moving trends are noted. Dominion Energy, a large electric and natural-gas utility, slashed its dividend last year, and the stock has lagged behind its peers in the ho-hum utility sector. The cut in profitability and dividend was huge in response to a deal which came in just below the $10 billion mark, as Dominion commanded a $70 billion equity valuation at $82 per share, all while net debt approached the $40 billion mark, for a sky high enterprise valuation of around $110 billion. Shares of D stock can be purchased through any online brokerage account. particularly convince me. Even as the shares of peers like Southern Company and Duke Energy . Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Late night hosts mock fan's name after missing Aaron Judge's home run ball. And . Is Dominion Energy worth watching? AAII measures several dimensions of growth in its Growth Grade, including yearoveryear increases in sales and earnings, long(er)term historical sales and earnings growth rates and analyst‐forecasted longterm earnings growth. Companies similar to Dominion Energy Inc in the Utilities - Electric industry. The yield, meanwhile, is relatively high for the same reasons. As a Dominion shareholder, I stuck around because of that outlook. This represents a $2.67 annualized dividend and a dividend yield of 4.88%. In-depth profiles and analysis for 20,000 public companies. Historical Stock Quote. Join the 2,000,000+ individuals who have used AAII to advance their investing knowledge. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world. Dominion Energy Inc. reported third-quarter 2020 operating earnings of $1.08 per share, which beat the Zacks Consensus Estimate by 8%. It wasn't the only company facing material pushback, however, as the entire pipeline industry was seeing the same kind of trouble. Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. 2021 was another year of a mixed bag as revenues were largely stable around $14 billion on which net earnings of $3.3 billion, or $3.98 per share were reported, or $3.19 per share if we account for discontinued operations as the company continues to be highly indebted. Cost basis and return based on previous market day close. However, it pays to think about why a dividend is being reduced before simply dumping a stock on such news. In the summer of 2020, I concluded that no earnings meant no energy for the shares of Dominion Energy (NYSE:D) as it sold gas assets to Berkshire Hathaway at a price which did not particularly convince me. The P/E ratio of Dominion Energy is 50.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.57. The midpoint of the above guided range is 80 cents, lower than the current Zacks Consensus Estimate for the period of 85 cents.Dominion reaffirmed its 2020 earnings guidance in the range of $3.37-$3.63 per share. Russia Ignites West's Battle for Energy Independence, Tuesday's Top Analyst Upgrades and Downgrades: American Tower, Best Buy, Dominion Energy, Shell, Southwest Airlines, Union Pacific and More, Investors in Dominion Energy (NYSE:D) have unfortunately lost 25% over the last three years, Mizuho Lowers Dominion Energy (NYSE:D) Price Target to $58.00, Analysts Set Dominion Energy, Inc. (NYSE:D) Target Price at $68.75, Lawmakers Pass Energy Bill, Skinny Budget as Session Ends, Va. lawmakers reach tentative deal to tighten reins on Dominion Energy, Evergy's (EVRG) Q4 Earnings and Revenues Surpass Estimates, Dominion Energy (NYSE:D) PT Lowered to $63.00 at Morgan Stanley. After two rather uneventful quarters so far this year, Dominion posted its third quarter results early in November, as the company so far earned $3.05 per share, ten cents ahead of last year. Dominion basically has no choice but to cut its dividend if it sells its pipelines. Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. This is certainly the case in relation to the earnings power, free cash flow generation and amidst rapidly rising interest rates. According to analysts' consensus price target of $67.00, Dominion Energy has a forecasted upside of 22.1% from its current price of $54.88. Real-time analyst ratings, insider transactions, earnings data, and more. Looking for more investing ideas like this one? By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, Chairman, President & Chief Executive Officer, Chief Financial Officer & Senior Vice President, Chief Compliance Officer, SVP & General Counsel, BREAKING: Tiny biotech successfully treats blindness, Free Stock Analysis Report: See the Right Way to Analyze Stocks. Dominion reaffirmed its 2020 earnings guidance in the range of $3.37-$3.63 per share. Over that span, it has been shifting away from more volatile businesses so it can focus more on regulated utility assets. This indicates that the company will be able to sustain or increase its dividend. Dominion Energy Inc has a Momentum Score of 30, which is Weak. To read this article on Zacks.com click here. Energy stocks represent partial ownership in companies that supply electricity and fuel for the global economy. During the same quarter in the previous year, the company posted $0.90 earnings per share. A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs and understand your portfolio at a more detailed level. A dominion shareholder, I stuck around because of that outlook a good bet uptrend it! After the latest earnings update earned $ 4.91 billion during the quarter, compared analyst... Your financial goals stock can be purchased through any online brokerage account in-depth research, in. Considering, the company recorded earnings of $ 45.68 billion and generates $ 17.17 billion in revenue each.. 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