Dominion Energy (D) AI Stock Analysis

• Market Cap: $48.97B
• Dividend Yield: 4.65%
• Average Volume (3M): 6.24M
• Price to Earnings (P/E): 21.5
• Beta (1Y): 0.31
• Revenue Growth: 3.62%
• EPS Growth: 40.33%
• Country: US
• Employees: 14,700
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 0.93
• Shares Outstanding: 852,790,600
• 10 Day Avg. Volume: 7,711,070
• 30 Day Avg. Volume: 6,241,740
• PEG Ratio: 2.15
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.49
• Enterprise Value/Market Cap: 1.84
• Enterprise Value/Revenue: 1.54
• Enterprise Value/Gross Profit: 12.33
• Enterprise Value/Ebitda: 3.23
• 1Y Price Target: $58.50
• Price Target Upside: 1.88% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 6

• Rating: 69 Neutral
• Price Target: $61.00 ▲(6.23%Upside)

Dominion Energy's overall score is driven by solid financial performance and effective management of strategic projects, particularly the Coastal Virginia Offshore Wind initiative. While challenges such as high leverage and tariff uncertainties persist, the company's stable margins and income potential support a favorable outlook. Technical indicators suggest a cautious market sentiment, but the reaffirmed earnings guidance and strong dividend yield provide investor confidence.

Positive Factors

Capital Investment

Dominion Energy raised its five-year capital plan by $7 billion, indicating a significant investment in growth.

Data Center Growth

Dominion raised its data center contracted capacity numbers significantly, which suggests potential for future growth.

Regulated Growth Strategy

The core fundamentals of the company's streamlined, VEPCO-centric profile have improved significantly and placed it in a favorable position to execute its regulated growth strategy.

Negative Factors

Earnings Expectations

The expected earnings per share for Dominion Energy are modestly below the consensus expectations.

Macroeconomic Pressures

Potential exposure to tariffs and broader macroeconomic pressures could impact both the cost estimate and schedule for CVOW.

Project Costs and Timelines

Despite the expected solid quarterly results and year-over-year growth, the analyst sees potential for project costs to increase or timelines to be delayed but views it as overly punitive to apply a 25% increase to the remaining project spend.

Dominion Energy Business Overview & Revenue Model

Company Description

Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.1 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 772,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 419,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt of electric generating capacity; 10,700 miles of electric transmission lines; 78,000 miles of electric distribution lines; and 95,700 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Dominion Energy generates revenue through several key streams, primarily from the sale and distribution of electricity and natural gas to residential, commercial, and industrial customers. The company's regulated utility operations are a significant source of income, as they involve long-term agreements and regulated pricing structures that ensure stable cash flows. Additionally, Dominion Energy earns money from its non-regulated operations, which include energy trading and merchant power generation. The company has also invested in renewable energy projects, which contribute to its earnings through power purchase agreements and government incentives. Partnerships with other energy companies and investments in energy infrastructure further support Dominion Energy's revenue model, enabling the company to optimize its energy delivery capabilities and expand its market presence.

Dominion Energy Financial Statement Overview

Summary

Dominion Energy demonstrates strong operational efficiency and revenue growth, supported by stable margins. However, high leverage and negative free cash flow due to substantial capital expenditures pose potential risks. The company must focus on enhancing net profitability and managing debt levels to maintain financial stability.

Income Statement

Dominion Energy's income statement reflects stable revenue growth with a 3.08% increase in revenues for the TTM period. The gross profit margin stands at 48.95%, indicating efficient cost management. However, the net profit margin slightly declined to 14.06% from 14.70% in the prior year, suggesting some pressure on profitability. The EBIT margin improved to 24.40%, reflecting better operational efficiency. Overall, the company displays solid revenue growth and operational efficiency but faces challenges in maintaining high net profitability.

Balance Sheet

The balance sheet of Dominion Energy shows a moderate financial position. The debt-to-equity ratio is 1.61, indicating relatively high leverage, which could pose risks if not managed carefully. The return on equity (ROE) is 7.66%, reflecting a reasonable return on shareholders' investments, though it could be improved. The equity ratio of 26.17% suggests a balanced capital structure but highlights the importance of managing debt levels effectively. While the company maintains a stable asset base, high leverage remains a concern.

Cash Flow

Dominion Energy's cash flow statement reveals challenges in cash management. The operating cash flow to net income ratio is 2.01, indicating strong cash generation capability. However, the free cash flow is negative, highlighting significant capital expenditures that exceed operating cash inflows. Free cash flow to net income ratio is -4.02, pointing towards heavy investments that may burden cash reserves. While operational cash flows are robust, the negative free cash flow underscores the need for careful capital allocation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.90B	14.46B	14.39B	13.94B	11.42B	14.17B
Gross Profit	7.30B	6.92B	6.96B	6.38B	5.41B	7.30B
EBITDA	7.26B	6.71B	6.82B	6.37B	5.39B	6.93B
Net Income	2.10B	2.12B	1.99B	1.32B	3.40B	-401.00M
Balance Sheet
Total Assets	104.56B	102.42B	109.03B	104.24B	99.59B	95.91B
Cash, Cash Equivalents and Short-Term Investments	355.00M	310.00M	184.00M	153.00M	283.00M	172.00M
Total Debt	44.10B	41.75B	44.24B	45.68B	40.58B	37.01B
Total Liabilities	73.83B	72.22B	81.50B	76.36B	72.28B	69.44B
Stockholders Equity	27.36B	27.25B	27.53B	27.88B	27.31B	26.12B
Cash Flow
Free Cash Flow	-8.42B	-7.18B	-3.66B	-3.89B	-1.92B	-793.00M
Operating Cash Flow	4.22B	5.02B	6.57B	3.70B	4.04B	5.23B
Investing Cash Flow	-7.81B	-3.18B	-7.21B	-6.75B	-6.25B	-2.92B
Financing Cash Flow	3.73B	-1.77B	595.00M	2.98B	2.37B	-2.33B

Dominion Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 57.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For D, the sentiment is Positive. The current price of 57.42 is above the 20-day moving average (MA) of 55.64, above the 50-day MA of 55.00, and above the 200-day MA of 54.64, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 62.70 is Neutral, neither overbought nor oversold. The STOCH value of 92.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for D.

Dominion Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEE	78 Outperform	$150.32B	27.31	11.19%	3.10%	20.35%	-27.07%
DUK	73 Outperform	$90.99B	19.53	9.48%	3.57%	5.02%	45.08%
EXC	73 Outperform	$43.33B	15.92	10.10%	3.73%	6.71%	16.09%
SO	70 Outperform	$100.18B	21.86	14.01%	3.25%	9.58%	8.02%
D	69 Neutral	$48.97B	21.54	8.22%	4.65%	3.62%	40.33%
AEP	68 Neutral	$55.16B	19.92	10.41%	3.60%	4.20%	-3.64%
Sector *	67 Neutral	$16.39B	16.97	4.47%	3.56%	4.77%	6.10%

Dominion Energy Corporate Events

Dominion Energy Announces Leadership Transition Effective October 2025

On June 25, 2025, Dominion Energy announced the upcoming retirement of Michele L. Cardiff, the Senior Vice President, Controller, and Chief Accounting Officer, effective October 1, 2025. Subsequently, Gary G. Ratliff, Jr. was appointed to succeed her, with his new role commencing on the same date. Mr. Ratliff, who has been with the company in various accounting roles since 2015, will see his annual base salary increased to $290,035. This leadership transition is expected to maintain the company’s operational continuity and uphold its financial management standards.

The most recent analyst rating on (D) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on Dominion Energy stock, see the D Stock Forecast page.

Dominion Energy Updates Bylaws for Officer Appointments

On June 24, 2025, Paul M. Dabbar resigned from the Board of Dominion Energy, Inc. following his confirmation as Deputy Secretary of Commerce, effective June 25, 2025. His departure was not due to any disagreement with the company. Subsequently, on June 26, 2025, Dominion Energy amended its Bylaws to clarify the process for appointing successor officers in the event of a vacancy due to various reasons, enhancing its governance structure.

The most recent analyst rating on (D) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on Dominion Energy stock, see the D Stock Forecast page.

Dominion Energy Appoints Jeffrey Lyash as Independent Director

On June 25, 2025, Dominion Energy appointed Jeffrey J. Lyash as an independent director and member of the Safety, Technology, Nuclear and Operations Committee. Mr. Lyash, who recently retired as President and CEO of the Tennessee Valley Authority, brings extensive experience in the energy sector, which is expected to enhance Dominion Energy’s strategic operations and industry positioning.

The most recent analyst rating on (D) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on Dominion Energy stock, see the D Stock Forecast page.

Dominion Energy Secures $1 Billion in Senior Notes

On May 6, 2025, Dominion Energy, Inc. entered into an underwriting agreement with major financial institutions for the sale of $1 billion in Series C Senior Notes, which are due in 2028. This strategic financial move is expected to impact the company’s operations by potentially enhancing its capital structure and market positioning, although specific implications for stakeholders were not detailed in the release.

The most recent analyst rating on (D) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on Dominion Energy stock, see the D Stock Forecast page.

Dominion Energy Elects Board and Approves Compensation Plan

During Dominion Energy‘s 2025 Annual Meeting held on May 7, 2025, all 11 director nominees were elected to the Board of Directors, with each nominee receiving a majority of votes. Shareholders also approved the executive compensation plan and ratified the appointment of Deloitte & Touche LLP as the independent public accounting firm for the fiscal year ending December 31, 2025. However, a shareholder proposal to eliminate non-carbon emitting generation goals in executive pay incentives was not approved.