The Analyst Landscape: 13 Takes On Dominion Energy

Loading...
Loading...

Across the recent three months, 13 analysts have shared their insights on Dominion Energy D, expressing a variety of opinions spanning from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 9 1 0
Last 30D 0 0 1 0 0
1M Ago 0 1 4 1 0
2M Ago 0 1 2 0 0
3M Ago 1 0 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $49.85, a high estimate of $55.00, and a low estimate of $43.00. Observing a 2.61% increase, the current average has risen from the previous average price target of $48.58.

Understanding Analyst Ratings: A Comprehensive Breakdown

The analysis of recent analyst actions sheds light on the perception of Dominion Energy by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Thalacker BMO Capital Raises Market Perform $52.00 $51.00
Sarah Akers Wells Fargo Raises Equal-Weight $55.00 $51.00
Durgesh Chopra Evercore ISI Group Raises In-Line $53.00 $47.00
Anthony Crowdell Mizuho Raises Neutral $52.00 $45.00
Julien Dumoulin-Smith B of A Securities Raises Underperform $43.00 $40.00
Andrew Weisel Scotiabank Lowers Sector Perform $48.00 $49.00
Nicholas Campanella Barclays Lowers Overweight $49.00 $50.00
Nicholas Campanella Barclays Raises Overweight $50.00 $47.00
James Thalacker BMO Capital Announces Market Perform $49.00 -
Sarah Akers Wells Fargo Raises Equal-Weight $51.00 $49.00
Anthony Crowdell Mizuho Lowers Neutral $45.00 $47.00
Andrew Weisel Scotiabank Lowers Sector Perform $49.00 $50.00
Shahriar Pourreza Guggenheim Lowers Buy $52.00 $57.00

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 a comprehensive view, analysts assess stocks qualitatively, spanning 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.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Dominion Energy's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Dominion Energy analyst ratings.

Delving into Dominion Energy's Background

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's Economic Impact: An Analysis

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Challenges: Dominion Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.46%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Utilities sector.

Net Margin: Dominion Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.01%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Dominion Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.55%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.62%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 1.62, Dominion Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Core of Analyst Ratings: What Every Investor Should Know

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...