Dominion Energy (D) Getting Somewhat Favorable Press Coverage, Analysis Shows

Press coverage about Dominion Energy (NYSE:D) has trended somewhat positive on Sunday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dominion Energy earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 45.6039972371707 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

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NYSE:D traded down $0.13 during trading hours on Friday, reaching $63.94. 5,483,353 shares of the company’s stock were exchanged, compared to its average volume of 5,995,670. The stock has a market cap of $41,743.18, a P/E ratio of 17.76, a P/E/G ratio of 2.34 and a beta of 0.27. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.45 and a quick ratio of 0.30. Dominion Energy has a 1-year low of $63.88 and a 1-year high of $85.30.



Dominion Energy (NYSE:D) last released its earnings results on Monday, January 29th. The utilities provider reported $0.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.02. Dominion Energy had a net margin of 24.92% and a return on equity of 12.67%. The company had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter last year, the business earned $0.99 EPS. The business’s revenue was up 4.0% on a year-over-year basis. sell-side analysts expect that Dominion Energy will post 4.04 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 20th. Stockholders of record on Friday, March 2nd were paid a $0.835 dividend. This represents a $3.34 annualized dividend and a dividend yield of 5.22%. The ex-dividend date of this dividend was Thursday, March 1st. This is a boost from Dominion Energy’s previous quarterly dividend of $0.77. Dominion Energy’s dividend payout ratio (DPR) is 92.78%.

D has been the topic of a number of recent analyst reports. Bank of America set a $87.00 target price on shares of Dominion Energy and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Zacks Investment Research raised shares of Dominion Energy from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Wednesday, January 17th. Hilliard Lyons raised shares of Dominion Energy from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, January 30th. UBS initiated coverage on shares of Dominion Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $85.00 target price on the stock. Finally, JPMorgan Chase downgraded shares of Dominion Energy from an “overweight” rating to a “neutral” rating and set a $74.00 target price on the stock. in a research report on Friday, March 16th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $76.78.

In other news, Director John W. Harris sold 2,665 shares of the stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $80.60, for a total value of $214,799.00. Following the completion of the transaction, the director now owns 13,282 shares in the company, valued at approximately $1,070,529.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph M. Rigby purchased 2,679 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of $74.65 per share, with a total value of $199,987.35. The disclosure for this purchase can be found here. Company insiders own 0.37% of the company’s stock.

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Dominion Energy Company Profile

Dominion Energy, Inc produces and transports energy in the United States. The company's Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities through gas, coal, nuclear, oil, renewables, biomass, hydro, solar, and power purchase agreements; and related energy supply operations.

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

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