Cracking The Code: Understanding Analyst Reviews For Dominion Energy

During the last three months, 7 analysts shared their evaluations of Dominion Energy D, revealing diverse outlooks from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $49.29, along with a high estimate of $52.00 and a low estimate of $45.00. A decline of 1.42% from the prior average price target is evident in the current average.

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Dominion Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Dominion Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dominion Energy compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Dominion Energy's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Dominion Energy's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Dominion Energy analyst ratings.

About Dominion Energy

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Dominion Energy: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Negative Revenue Trend: Examining Dominion Energy's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -7.07% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Utilities sector.

Net Margin: Dominion Energy's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.36%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Dominion Energy's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.59%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Dominion Energy's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.14%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Dominion Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.72.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.