DailyIQ
Last updated 3 minutes ago

D·Dominion Energy, Inc.

$.
+. (+.%)
After Hours
High
$67.74
Open
$66.42
Market Cap
59.27B
52W High
$72.99
Low
$66.00
P. Close
$67.37
P/E
23.39
52W Low
$55.85
Fwd P/E
17.66
DailyIQ Est.
-
Technical Score (1D)
50
NEUTRAL
News Sentiment
57
BULLISH
Dominion Energy’s latest analyst note signals that the stock’s valuation has moved into a fair range after recent softness, suggesting the 54.8 % three‑year rise may now be justified. The shift is driven by unchanged 2026 guidance and the potential upside from AI data‑center power contracts, which could offset regulatory headwinds. This development implies that the next 1–10 trading days may see a period of consolidation as investors reassess the fair‑value premise. Traders should watch the upcoming earnings release for any updates on AI‑related contract volumes and the company’s stance on regulatory risk. Earlier this week, Dominion announced it will now require bank letters of credit from AI data‑center developers, a move aimed at filtering speculative projects and protecting grid‑investment capital. The bank‑guarantee policy could tighten the supply of new AI power deals, potentially slowing short‑term demand growth and affecting the utility’s cost‑recovery strategy. In its Q2 earnings call, Dominion reaffirmed its 2026 guidance but noted a six‑month delay in the CVOW project schedule, a key infrastructure initiative. The delay may postpone revenue realization from that segment, but record demand and continued data‑center contracting remain highlighted as growth drivers. Watch for any subsequent guidance revisions or updates on the CVOW timeline, as well as any regulatory announcements that could influence the utility’s long‑term demand outlook. Finally, the analyst report’s lack of valuation detail underscores the need to monitor official filings for a clearer picture of the company’s fair‑value assessment.
Earnings Summary
Dominion Energy, Inc. (D) is a U.S. utility that delivers regulated electricity and natural gas across Virginia, North Carolina, and South Carolina, while also operating a non‑regulated renewable generation portfolio. The company’s regulated segments serve millions of residential, commercial and industrial customers, positioning it firmly within the utilities sector, specifically regulated electric utilities. In the most recent quarters, Dominion posted revenue of $3.4 billion in Q4 2024, $4.076 billion in Q1 2025, $3.81 billion in Q2 2025, $4.527 billion in Q3 2025, $4.093 billion in Q4 2025, $5.019 billion in Q1 2026 and $4.48 billion in Q2 2026, reflecting a pattern of revenue growth followed by a dip each quarter, with a 22.8 % jump from Q4 2025 to Q1 2026 and a 10.6 % decline thereafter. EPS trends mirror this volatility: the company beat estimates in six of the last seven quarters—$0.58 versus $0.554 in Q4 2024, $0.93 versus $0.755 in Q1 2025, $0.75 versus $0.678 in Q2 2025, $1.06 versus $0.959 in Q3 2025, $0.95 versus $0.855 in Q1 2026 and $0.79 versus $0.689 in Q2 2026—except for a miss in Q4 2025 where EPS fell to $0.69 against an estimate of $0.826. Historically, Dominion has maintained a streak of EPS beats with only one miss in the past year, while revenue growth has been uneven but generally positive, underscoring the company’s ability to generate earnings above consensus even when top‑line momentum fluctuates. Recent news highlights the acquisition by NextEra Energy, which preserves Dominion’s 2.8 % dividend policy but introduces regulatory approval risk; the Coastal Virginia Offshore Wind project’s cost estimate has risen to $11.65 billion, potentially compressing future cash flows; and the Q2 2026 earnings presentation reaffirmed FY2026 guidance amid rising wind‑project costs. Investors should watch for the outcome of the regulatory hearing on the merger, any updates on cost containment for the offshore wind project, and the Q3 2026 earnings release to gauge how these factors may influence margins and dividend sustainability.

EPS

EstBeatMiss
$0.60$0.77$0.94$1.11$1.28Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.20 - -
Q2'26$0.69$0.79+14.7%
Q1'26$0.86$0.95+11.1%
Q4'25$0.83$0.69-16.4%
Q3'25$0.96$1.06+10.5%
Q2'25$0.68$0.75+10.7%

Revenue

EstBeatMiss
$3.6B$4.0B$4.5B$4.9B$5.3BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$5.1B - -
Q2'26$4.1B$4.5B+8.6%
Q1'26$4.1B$5.0B+21.5%
Q4'25$4.2B$4.1B-2.9%
Q3'25 - $4.5B -
Q2'25 - $3.8B -

Market Data

D Stock Snapshot

D is currently trading at $67.47, giving Dominion Energy, Inc. a market cap of 59.27B and a P/E ratio of 23.4. Today's range spans $66.00–$67.74, with shares opening at $66.42 and moving up $0.10 (0.1%) from the prior close. DailyIQ's technical score sits at 50/100 (HOLD) with a news sentiment reading of 57/100.

Over the past year D has traded between $55.85 and $72.99 - the current price is +20.8% off the 52-week low and -7.6% from the high.

D is in a holding pattern - 50/100 technical score, HOLD signal, price at $67.47 (in the middle of its 52-week range), sentiment neutral at 57/100. (P/E: 23.4) At 59.27B in Utilities market cap, HOLD phases like this are where the thesis is re-evaluated and position sizing decisions get made by both longs and shorts. Annual range: $55.85–$72.99. The next catalyst, not the current setup, determines the exit from this range.

Portfolio construction in Utilities often uses large-cap names like D as tactical swing positions during neutral phases: cheap enough to overweight, liquid enough to exit quickly, and large enough to provide meaningful sector beta. The current 50/100 (HOLD) at $67.47 (in the middle of its 52-week range) and neutral sentiment (57/100) frame the position as a catalyst play within the $55.85–$72.99 annual range rather than a directional bet.

Last updated: August 8, 2026

Company Insights: Dominion Energy, Inc. (D)

Dominion Energy, Inc. operates as a regulated utility provider with a significant footprint in electricity and natural gas distribution across Virginia, North Carolina, and South Carolina. The company's core business relies on its extensive transmission and distribution infrastructure, serving millions of customers with essential energy services. Its operations are strategically divided into regulated segments and a Contracted Energy segment focused on nonregulated renewable assets, including solar and renewable natural gas facilities. This structure positions Dominion to balance stable, regulated earnings with growth opportunities in the renewable energy sector.

The company has demonstrated a consistent track record of exceeding earnings per share (EPS) expectations, beating analyst estimates in each of the last five reported quarters. This performance, coupled with generally increasing revenue trends across recent periods, suggests operational efficiency and effective management of its regulated business. For instance, Q1 2025 revenue reached $4.08 billion, a notable increase from $3.40 billion in Q4 2024, indicating positive top-line momentum. Such consistent EPS beats provide a degree of predictability for investors focused on stable income and operational execution.

Recent strategic moves underscore Dominion's focus on portfolio optimization and renewable energy expansion. The company is actively divesting non-core assets, including its LNG operations and gas distribution interests, to streamline its business and bolster investments in cleaner energy sources. A key initiative is the development of a substantial 5.2 GW offshore wind farm project off the Virginia coast, signaling a significant commitment to the renewable energy transition. These divestitures and renewable investments are critical for future capital allocation and long-term growth prospects.

Regulated Operations

Dominion's core business is anchored in regulated electricity and natural gas distribution across key U.S. states.

Millions of residential, commercial, and industrial customers rely on its extensive transmission and distribution networks.

This segment provides a stable, predictable revenue stream, supported by regulatory frameworks.

Renewable Energy Push

The company is actively expanding its nonregulated renewable energy generation capacity.

A significant 5.2 GW offshore wind farm project off the Virginia coast is a key strategic initiative.

Investments in solar and renewable natural gas facilities align with the broader energy transition.

Financial Performance

Dominion has a strong history of exceeding EPS estimates, beating analyst expectations for five consecutive quarters.

Revenue has shown a generally increasing trend in recent reporting periods, indicating top-line growth.

Consistent financial outperformance provides a foundation for dividend sustainability and reinvestment.

Strategic Divestitures

Dominion is undertaking a strategic review, including the sale of LNG operations and gas distribution assets.

These divestitures aim to streamline the company's portfolio and focus capital on core and growth areas.

Proceeds from asset sales are expected to support investments in renewable energy projects and debt reduction.

Analyst Sentiment

Scotiabank recently raised its price target for Dominion Energy, citing solid execution.

The firm acknowledged management's commitment to fulfilling strategic objectives.

Despite positive sentiment, analysts caution on near-term upside, suggesting a balanced view.

Positioning D

Dominion Energy's stock may appeal to investors seeking stable utility exposure with a growing renewable component. Consider adding to positions on any weakness that presents a more attractive entry point, particularly if the market overlooks the long-term potential of its renewable projects. Conversely, reducing exposure could be warranted if execution on major renewable projects falters or if regulatory headwinds significantly impact earnings stability.

D Competitive Positioning

Dominion Energy, Inc. (D) is tracked alongside these names in Utilities - Regulated Electric on DailyIQ.

  • AEE — Ameren Corporation

  • AEP — American Electric Power Company, Inc.

  • AES — The AES Corporation

  • ATO — Atmos Energy Corporation

  • AWK — American Water Works Company, Inc.

Key Metrics for D

Dominion Energy's performance hinges on regulated utility operations and strategic renewable investments. Key metrics reflect its ability to manage infrastructure, meet demand, and execute its long-term growth plan.

Regulated Revenue Growth: Measures the increase in revenue from Dominion's core regulated electricity and natural gas operations. Consistent, steady growth here indicates stable customer demand and effective rate recovery. This is crucial for Dominion's predictable earnings and dividend sustainability.

Operating Cash Flow: Tracks the cash generated from Dominion's primary business activities. Strong and growing operating cash flow is essential for funding capital expenditures, debt repayment, and dividends. A decline could signal operational challenges or increased financial strain for Dominion.

Capital Expenditures: Represents investments in Dominion's utility infrastructure and renewable projects. Monitoring this shows the company's commitment to maintaining and expanding its asset base. Significant increases, especially in renewables, are key to Dominion's future growth strategy.

Debt-to-Equity Ratio: Indicates the proportion of debt Dominion uses to finance its assets relative to equity. A stable or declining ratio suggests prudent financial management. A rising ratio could signal increased financial risk for Dominion, especially given its capital-intensive nature.

Renewable Energy Pipeline: Tracks the progress and capacity of Dominion's non-regulated renewable energy projects, like its offshore wind farm. Growth in this pipeline is vital for Dominion's transition to cleaner energy and future non-regulated earnings potential. Delays or underperformance here could impact long-term valuation.

Risk Factors

Dominion Energy faces risks primarily tied to regulatory environments, large-scale project execution, and evolving energy transition policies. Investors should monitor these factors as they can significantly impact financial performance and future growth.

  • Regulatory Risk

    Dominion operates in highly regulated utility markets where rate decisions by state commissions directly affect profitability. Unfavorable rate outcomes or changes in regulatory policy could limit the company's ability to recover costs and achieve its targeted returns. This risk materializes if regulators deny requested rate increases or impose stricter operational requirements.

  • Project Execution

    The company is undertaking significant capital projects, notably the large offshore wind farm. Delays, cost overruns, or technical challenges in these complex projects could severely impact financial results and investor confidence. Such issues would become apparent during construction phases and could lead to substantial write-downs or increased debt.

  • Energy Transition

    Dominion's strategic shift towards renewables and divestiture of gas assets exposes it to the pace and success of this transition. A slower-than-expected adoption of renewables or challenges in integrating new energy sources could hinder growth. This risk is realized if market demand shifts away from Dominion's evolving portfolio faster than it can adapt or if renewable projects face unforeseen hurdles.

  • Interest Rate Sensitivity

    As a utility with significant debt financing for infrastructure, Dominion is sensitive to changes in interest rates. Rising rates increase borrowing costs, potentially pressuring earnings and reducing the attractiveness of its dividend. This risk becomes acute during periods of monetary tightening by central banks.

Analyst Price Targets for D

Wall Street's current consensus view on Dominion Energy, Inc. (D), based on the most recently tracked analyst coverage.

Consensus Target
$63.5
High Target
$69.0
Low Target
$54.0
Buy / Hold / Sell
8 / 18 / 1

Reflects the most recently tracked analyst ratings for D and may lag real-time updates. Not a recommendation to buy or sell.

What Moves D Stock?

Dominion Energy's stock performance is primarily driven by its regulated utility operations and strategic capital allocation towards renewable energy projects.

Regulated Earnings Growth

Dominion's core business relies on its regulated electric and natural gas utilities, which provide stable, predictable earnings streams.

Consistent beats on earnings per share and revenue growth, as seen in recent quarters, signal operational efficiency and support the stock's valuation.

Renewable Energy Investments

The company is strategically accelerating investments in renewable energy, notably its significant offshore wind farm project in Virginia.

Progress and successful execution of these large-scale renewable projects are key to future growth and can lead to positive stock price reactions, especially with increasing demand for clean energy.

Asset Divestitures

Dominion is actively divesting non-core assets, including its LNG operations and gas distribution interests, to streamline its portfolio.

These divestitures are intended to improve financial flexibility and fund growth initiatives, with successful completion and redeployment of capital potentially boosting investor confidence and the stock.

Key insight: Dominion Energy's stock is most influenced by its ability to deliver consistent earnings from regulated operations while successfully executing its ambitious renewable energy build-out and strategic asset sales.

D Recent Earnings History

  • Q4 2025

    EPS: $0.69 actual vs $0.83 estimate (miss) · Revenue: $4,093M actual vs $4,214M estimate

  • Q3 2025

    EPS: $1.06 actual vs $0.96 estimate (beat) · Revenue: $4,527M actual

  • Q2 2025

    EPS: $0.75 actual vs $0.68 estimate (beat) · Revenue: $3,810M actual

  • Q1 2025

    EPS: $0.93 actual vs $0.76 estimate (beat) · Revenue: $4,076M actual

  • Q4 2024

    EPS: $0.58 actual vs $0.55 estimate (beat) · Revenue: $3,400M actual

Frequently Asked Questions About D

Is Dominion Energy (D) stock a good investment for utility investors?

Dominion Energy (D) stock may appeal to investors seeking exposure to the regulated utility sector, known for its stable cash flows and essential service provision. The company's focus on regulated electricity and natural gas distribution across Virginia, North Carolina, and South Carolina provides a foundational business. However, potential investors should assess the company's strategic shift towards renewables and the execution of its significant offshore wind project alongside its traditional utility operations.

What drives Dominion Energy (D) stock price?

The stock price of Dominion Energy (D) is primarily influenced by regulatory decisions affecting its utility operations, interest rate environments impacting utility financing costs, and the successful execution of its capital expenditure plans. Investor sentiment towards the energy transition, particularly the progress and profitability of its renewable energy projects like the offshore wind farm, also plays a significant role. Furthermore, overall market conditions and the company's financial performance, including earnings and revenue growth, are key drivers.

Does Dominion Energy (D) pay a dividend?

Yes, Dominion Energy (D) typically pays a quarterly dividend to its shareholders. As a utility company, dividends are a common way for such businesses to return capital to investors. Investors should review the company's latest financial reports and investor relations materials for current dividend payout information and any potential changes to its dividend policy.

What are the risks of investing in Dominion Energy (D)?

Key risks for Dominion Energy (D) include regulatory changes that could impact earnings, interest rate hikes that increase borrowing costs, and operational risks associated with maintaining and expanding its extensive infrastructure. The company's significant investment in renewable energy projects, such as its offshore wind farm, carries execution and development risks. Additionally, changes in energy demand, environmental regulations, and competition could affect future performance.

How is Dominion Energy's (D) valuation assessed?

Dominion Energy's (D) valuation is often assessed using metrics common in the utility sector, such as the price-to-earnings (P/E) ratio, dividend yield, and enterprise value to EBITDA. Comparing these metrics against its historical averages and those of its peers provides insight into whether the stock is trading at a premium or discount. The company's substantial investments in regulated assets and its forward-looking renewable energy projects are also factored into valuation assessments.

What is the investment thesis for Dominion Energy (D)?

The investment thesis for Dominion Energy (D) centers on its position as a large, regulated utility providing essential services, which typically offers stable earnings and a consistent dividend. The company's strategic pivot towards renewable energy, including a major offshore wind project, presents a growth opportunity aligned with the energy transition. Investors may find Dominion attractive if they believe in the company's ability to successfully execute its capital projects and navigate the evolving energy landscape.

How does Dominion Energy (D) manage its capital allocation?

Dominion Energy (D) allocates capital through investments in its regulated utility infrastructure, funding for its renewable energy projects, and returning capital to shareholders via dividends. The company has also been actively divesting non-core assets, such as its LNG operations, to streamline its portfolio and focus on its core utility business and renewable growth initiatives. Strategic asset sales and acquisitions are key components of its capital allocation strategy.

What is Dominion Energy's (D) strategy regarding renewable energy?

Dominion Energy (D) is strategically accelerating its investments in renewable energy, notably with a significant 5.2 GW offshore wind farm project off the Virginia coast. This initiative is part of a broader effort to decarbonize its operations and meet growing electricity demand, including that from data centers. The company aims to be a leader in clean energy generation while maintaining its regulated utility base.

How do regulatory environments impact Dominion Energy (D)?

Regulatory decisions are critical for Dominion Energy (D) as a significant portion of its business operates under regulatory oversight. Favorable rate decisions from state utility commissions can allow the company to recover its investments and earn a fair return, supporting earnings growth. Conversely, adverse regulatory outcomes or lengthy approval processes for new projects can negatively impact profitability and strategic execution.

What are Dominion Energy's (D) recent financial performance trends?

Dominion Energy (D) has demonstrated a consistent trend of exceeding earnings per share (EPS) estimates in recent quarters, indicating strong operational execution. Revenue growth has also been observed, suggesting increasing demand for its services and successful integration of new projects. Investors monitor these trends closely, alongside the company's ability to manage costs and debt effectively.

Recent News Coverage

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