Dominion Energy (D) Scheduled to Post Earnings on Friday

Dominion Energy (NYSE:D) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $1.15 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.02. Dominion Energy had a return on equity of 11.74% and a net margin of 5.94%. The company had revenue of $3.97 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s quarterly revenue was up 28.6% on a year-over-year basis. On average, analysts expect Dominion Energy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of D stock opened at $82.72 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.60 and a debt-to-equity ratio of 1.38. The business has a 50-day moving average price of $80.40 and a two-hundred day moving average price of $77.38. Dominion Energy has a 12-month low of $67.41 and a 12-month high of $83.23. The firm has a market cap of $66.54 billion, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 4.07 and a beta of 0.22.

Several equities research analysts have issued reports on D shares. Zacks Investment Research lowered Dominion Energy from a “hold” rating to a “sell” rating and set a $83.00 price target for the company. in a research note on Thursday, July 4th. TheStreet raised Dominion Energy from a “c+” rating to a “b-” rating in a research note on Thursday, September 19th. JPMorgan Chase & Co. lifted their price target on Dominion Energy from $78.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Morgan Stanley lifted their price target on Dominion Energy from $86.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. Finally, Wells Fargo & Co set a $83.00 price target on Dominion Energy and gave the stock a “hold” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $81.09.

In related news, VP Jeffrey Michael Zeiler acquired 15,112 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were purchased at an average price of $6.31 per share, for a total transaction of $95,356.72. Also, Director Michael E. Szymanczyk acquired 21,400 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was bought at an average price of $78.85 per share, for a total transaction of $1,687,390.00. Following the acquisition, the director now owns 19,541 shares of the company’s stock, valued at approximately $1,540,807.85. The disclosure for this purchase can be found here. Insiders own 0.26% of the company’s stock.

About Dominion Energy

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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Earnings History for Dominion Energy (NYSE:D)

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