How Much Dividend Does Dominion Energy Inc. (D) Pay?

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Dominion Energy Inc. (NYSE:D) finished Thursday with an addition of $0.18 to close at $61.64, an upside of 0.29 percent. An average of 3,189,900 shares of common stock have been traded in the last five days. There was a gain of $1.59 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 6,161,115 shares traded, while the 50-day average volume stands at 6,048,958.

D stock has increased by 3.13% in the last month. The company shares reached their 1-month lowest point of $57.18 on 12/16/22. With the stock rallying to its 52-week high on 04/11/22, shares of the company touched a low of $57.18 and a high of $88.78 in 52 weeks. It has reached a new high 21 times so far this year and lost -21.54% or -$16.92 in price. In spite of this, the price is down -30.57% from the 52-week high.


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Insider Transactions

D stock investors should be aware that Dominion Energy Inc. (D) stock had its last reported insider trading activity 29 days ago on Dec 01. In this transaction, the insider spent $377,562. EVP and COO, Leopold Diane, disposed of 6,250 shares at a price of $83.89 on Jun 01. The insider now owns more than $524,303 worth of shares.

Valuation Metrics

Dominion Energy Inc. (D) has a trailing price-to-earnings (P/E) ratio of 29.14. The stock’s beta is 0.42. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.17, the price-to-book (PB) ratio at 1.92.

The company has a payout ratio of 94.00%. The company’s most recent quarterly dividend payment was $0.6675 a share, without any change from last year. Its latest increase dividend $0.0375 reported on Friday January 28 2022.

Financial Health

The quick ratio of Dominion Energy Inc. for the three months ended September 29 was 0.60, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.42 and a total debt to equity ratio of 1.64 for the quarter ending September 29. Its gross profit as reported stood at $3.02 billion compared to revenue of $13.96 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Dominion Energy Inc.’s return on assets was 2.20%.

Earnings Surprise

For the three-month period that ended September 29, Dominion Energy Inc. had $53.08 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $778.0 million in the quarter, while revenues were grew 15.94%. The analyst consensus anticipated Dominion Energy Inc.’s latest quarter earnings to come in at $1.08 per share, but it turned out to be $1.11, a 2.80% surprise. For the quarter, EBITDA amounted to $1.87 billion. Shareholders own equity worth $833.27 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Dominion Energy Inc. (D) price momentum. RSI 9-day as of the close on 29 December was 65.05%, suggesting the stock is Neutral, with historical volatility in this time frame at 9.03%.

As of today, D’s price is $61.23 +2.65% or $1.59 from its 5-day moving average. D is currently trading +0.87% higher than its 20-day SMA and -24.27% lower than its 100-day SMA. However, the stock’s current price level is -7.36% below the SMA50 and -23.92% below the SMA200.

The stochastic %K and %D were 75.62% and 71.15%, respectively, and the average true range (ATR) was 1.32. With the 14-day stochastic at 75.85% and the average true range at 1.43, the RSI (14) stands at 55.80%. The stock has reached 1.22 on the 9-day MACD Oscillator while the 14-day reading was at 1.63.

Analyst Ratings

Wells Fargo downgraded Dominion Energy Inc. (NYSE: D) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Dominion Energy Inc. (D) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell D, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.

What is D’s price target for the next 12 months?

Analysts predict a range of price targets between $57.00 and $87.00, with a median target of $73.00. Taking a look at these predictions, the average price target given by analysts for Dominion Energy Inc. (D) stock is $72.42.

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