What Should Investors Know About Dominion Energy (D) Stock?

By Harris Dyer • Sunday, April 16 16:44 • Permanent Link

More and more people are talking about Dominion Energy over the last few weeks. Is it worth buying the Electric Utilities stock at a price of $57.93? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Dominion Energy has moved -33.3% over the last year, and the S&P 500 logged a change of -5.8%
D has an average analyst rating of hold and is -6.29% away from its mean target price of $61.82 per share
Its trailing earnings per share (EPS) is $1.08
Dominion Energy has a trailing 12 month Price to Earnings (P/E) ratio of 53.6 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $3.82 and its forward P/E ratio is 15.2
The company has a Price to Book (P/B) ratio of 1.9 in contrast to the S&P 500's average ratio of 2.95
Dominion Energy is part of the Utilities sector, which has an average P/E ratio of 22.89 and an average P/B of 1.03
The company has a free cash flow of $-3,217,499,904.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.0 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 782,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 435,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2022, the company's portfolio of assets included approximately 31.0 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 78,500 miles of electric distribution lines; and 93,500 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.