Dominion Energy Inc (NYSE:D) shares traded -0.40% lower at $55.29 on Wall Street last session.
D stock price is now 7.08% away from the 50-day moving average and 13.34% away from the 200-day moving average. The market capitalization of the company currently stands at $46.38B.
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With the price target enhanced from $43 to $54, BofA Securities Upgraded its rating from Underperform to Neutral for Dominion Energy Inc (NYSE: D). On March 11, 2024, BMO Capital Markets Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $49, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, RIGBY JOSEPH M, Director bought 2,130 shares of the company’s stock on Mar 06 ’24. The stock was bought for $99,998 at an average price of $46.94. Upon completion of the transaction, the Director now directly owns 8,417 shares in the company, valued at $0.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Chair, President and CEO BLUE ROBERT M bought 21,735 shares of the business’s stock. A total of $997,891 was incurred on buying the stock at an average price of $45.91. This leaves the insider owning 176,240 shares of the company worth $9.74 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Dominion Energy Inc has had a low of $39.18 and a high of $57.60. As of last week, the company has a debt-to-equity ratio of 1.54, a current ratio of 0.93, and a quick ratio of 0.78. According to the stock market information, the enterprise value for the company is $89711468544, which is based on a 29.79 price-to-earnings ratio, a 1.53 price-to-earnings-growth ratio, and a beta of 0.59. The fifty day moving average price for D is $51.633 and a two-hundred day moving average price translates $48.7819 for the stock.
The latest earnings results from Dominion Energy Inc (NYSE: D) was released for 2024-06-30. The net profit margin was 11.02% and return on equity was 7.43% for D. The company reported revenue of $3.49 billion for the quarter, compared to $3.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.11 percent.
