Dominion Energy (D) has underperformed the broader market over the past 52 weeks, with shares gaining 12.6% compared to the S&P 500's 21.1% increase. However, the stock has outpaced the Utilities Select Sector SPDR Fund's 17.5% uptick on a YTD basis. Analysts expect D's EPS to grow 22.4% YoY to $3.39 for the current fiscal year, with a consensus rating of "Hold." The mean price target of $61.38 suggests a marginal premium from current price levels, and an upside potential of 13.2%.
Dominion Energy Inc. (D), a Richmond, Virginia-based utility company, has shown mixed performance relative to broader market indices over the past 52 weeks. While the company's shares have gained 12.6%, the broader S&P 500 Index ($SPX) has rallied by 21.1% over the same period. On a year-to-date (YTD) basis, however, Dominion Energy's stock has outpaced the Utilities Select Sector SPDR Fund (XLU) by 17.5% [1].
On Aug. 1, Dominion Energy released its second-quarter earnings, with non-GAAP earnings per share (EPS) reaching $0.75, a 14.5% year-over-year increase that matched expectations. Revenue climbed 9.3% to $3.81 billion, slightly below forecasts by about $40 million. The company maintained its full-year 2025 earnings guidance of $3.28 to $3.52 per share [2].
Analysts expect Dominion Energy's EPS to grow 22.4% year-over-year to $3.39 for the current fiscal year, ending in December. The consensus rating among the 18 analysts covering the stock is a "Hold," with three "Strong Buy," 14 "Hold," and one "Strong Sell" ratings. The mean price target of $61.38 represents a marginal premium from current price levels, and the Street-high price target of $69 suggests an upside potential of 13.2% [3].
JPMorgan Chase & Co. (JPM) analyst Jeremy Tonet reaffirmed an "Underweight" rating on Dominion Energy but raised its price target from $53 to $56 [4].
Dominion Energy's strong earnings performance and robust earnings surprise history have been driven by factors such as rising data center demand and regulatory tailwinds. The company's regulated power and natural gas business in Virginia and the Carolinas reported $649 million in adjusted net profit for the second quarter, up from $567 million for the same period last year [5].
As Dominion Energy continues to navigate the utilities sector, investors should closely monitor the company's earnings growth, regulatory environment, and analyst ratings to make informed investment decisions.
References:
[1] https://www.barchart.com/story/news/33951240/are-wall-street-analysts-predicting-dominion-energy-stock-will-climb-or-sink
[2] https://www.smartkarma.com/home/newswire/earnings-alerts/dominion-energy-inc-d-earnings-2q-operating-eps-exceeds-expectations-with-strong-revenue-growth/
[3] https://seekingalpha.com/news/4476476-dominion-energy-non-gaap-eps-of-0_75-beats-by-0_07-revenue-of-3_81b-beats-by-160m
[4] https://www.rigzone.com/news/dominion_energy_posts_higher_profit-06-aug-2025-181396-article/
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