Favorable Media Coverage Somewhat Unlikely to Impact Dominion Energy (D) Stock Price

News articles about Dominion Energy (NYSE:D) have trended positive on Sunday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Dominion Energy earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 45.9628900491299 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Shares of Dominion Energy (NYSE:D) traded up $0.38 during mid-day trading on Friday, reaching $75.80. The company’s stock had a trading volume of 3,496,511 shares, compared to its average volume of 4,830,000. The company has a market capitalization of $48,780.00, a P/E ratio of 22.43, a P/E/G ratio of 2.65 and a beta of 0.20. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.29 and a current ratio of 0.47. Dominion Energy has a 1-year low of $72.80 and a 1-year high of $85.30.

Dominion Energy (NYSE:D) last issued its earnings results on Monday, January 29th. The utilities provider reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.02. The business had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.47 billion. Dominion Energy had a return on equity of 12.99% and a net margin of 24.92%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 earnings per share. research analysts predict that Dominion Energy will post 4.05 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 2nd will be issued a $0.835 dividend. This is an increase from Dominion Energy’s previous quarterly dividend of $0.77. This represents a $3.34 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Thursday, March 1st. Dominion Energy’s payout ratio is presently 91.12%.

A number of brokerages have recently issued reports on D. Bank of America began coverage on Dominion Energy in a research report on Tuesday, October 24th. They set a “neutral” rating and a $80.00 price objective for the company. Zacks Investment Research upgraded Dominion Energy from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research report on Wednesday, January 17th. Morgan Stanley raised their price objective on Dominion Energy from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. JPMorgan Chase & Co. upgraded Dominion Energy from a “neutral” rating to an “overweight” rating and set a $82.00 price objective for the company in a research report on Thursday, December 14th. Finally, Hilliard Lyons upgraded Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Tuesday, January 30th. Eleven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $82.09.

In other Dominion Energy news, Director John W. Harris sold 11,254 shares of Dominion Energy stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $79.94, for a total value of $899,644.76. Following the completion of the sale, the director now directly owns 13,282 shares in the company, valued at $1,061,763.08. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John W. Harris sold 2,665 shares of the business’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $80.60, for a total value of $214,799.00. Following the sale, the director now owns 13,282 shares of the company’s stock, valued at approximately $1,070,529.20. The disclosure for this sale can be found here. Insiders own 0.37% of the company’s stock.

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About Dominion Energy

Dominion Energy, Inc, formerly Dominion Resources, Inc, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and regulated natural gas transmission and distribution infrastructure. It operates through three segments: Dominion Virginia Power operating segment (DVP), Dominion Generation, Dominion Energy, and Corporate and Other.

Insider Buying and Selling by Quarter for Dominion Energy (NYSE:D)

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