Now trading at a price of $49.16, Dominion Energy has moved -0.6% so far today.
Dominion Energy returned losses of -15.9% last year, with its stock price reaching a high of $63.94 and a low of $39.18. Over the same period, the stock underperformed the S&P 500 index by -36.8%. As of April 2023, the company's 50-day average price was $44.1. Dominion Energy, Inc. produces and distributes energy in the United States. Based in Richmond, VA, the large-cap Utilities company has 17,200 full time employees. Dominion Energy has offered a 5.4% dividend yield over the last 12 months.
The Company Has a Highly Leveraged Balance Sheet and a Declining EPS Growth Trend:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $11,199 | $14,401 | $11,919 | $11,420 | $13,945 | $14,669 |
| Revenue Growth | n/a | 28.59% | -17.23% | -4.19% | 22.11% | 5.19% |
| Operating Margins | 28% | 12% | 12% | 20% | 6% | 16% |
| Net Margins | 23% | 10% | 9% | 28% | 7% | 12% |
| Net Income (MM) | $2,549 | $1,376 | $1,039 | $3,314 | $994 | $1,717 |
| Net Interest Expense (MM) | $1,279 | $1,486 | $1,339 | $1,255 | $1,002 | $1,395 |
| Depreciation & Amort. (MM) | $1,660 | $2,283 | $1,991 | $2,103 | $2,442 | $2,494 |
| Earnings Per Share | $3.74 | $1.62 | -$0.57 | $3.98 | $1.09 | $1.96 |
| EPS Growth | n/a | -56.68% | -135.19% | 798.25% | -72.61% | 79.82% |
| Diluted Shares (MM) | 655 | 809 | 831 | 808 | 824 | 869 |
| Free Cash Flow (MM) | $519 | $224 | $247 | $2,575 | $3,700 | $6,215 |
| Current Ratio | 0.67 | 0.61 | 0.64 | 0.84 | 0.73 | 1.14 |
| Total Debt (MM) | $32,834 | $30,499 | $37,046 | $37,035 | $41,390 | $50,654 |
| Net Debt / EBITDA | 6.8 | 7.57 | 10.87 | 8.33 | 12.86 | 10.52 |
Dominion Energy's Valuation Is in Line With Its Sector Averages:
Dominion Energy has a trailing twelve month P/E ratio of 14.7, compared to an average of 17.53 for the Utilities sector. Based on its EPS guidance of $3.13, the company has a forward P/E ratio of 14.1. The -2.5% compound average growth rate of Dominion Energy's historical and projected earnings per share yields a PEG ratio of -5.83. This indicates that its shares are overvalued.In contrast, the market is likely undervaluing Dominion Energy in terms of its equity because its P/B ratio is 1.57 while the sector average is 1.71. The company's shares are currently trading 30.3% above their Graham number.
Dominion Energy Has an Average Rating of Hold:
The 14 analysts following Dominion Energy have set target prices ranging from $41.0 to $61.0 per share, for an average of $49.29 with a hold rating. As of April 2023, the company is trading -10.5% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Dominion Energy has a very low short interest because 1.3% of the company's shares are sold short. Institutions own 74.5% of the company's shares, and the insider ownership rate stands at 0.13%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 9% stake in the company is worth $3,741,313,873.
