- Trading & Dividend: Dominion Energy (NYSE: D) was trading around $60–61 per share (recently ~$61.05) [1]. The stock yields roughly 4.4% (about $2.67 annual dividend on ~$61 price) [2] [3], reflecting its steady payouts (43 consecutive years of dividends [4]).
- Analyst Targets: Wall Street’s targets are in the low-$60s. Morgan Stanley raised its 12‑month target to $66 [5], Barclays to $63 [6] (Overweight), and BofA to $63 [7] (Neutral). Evercore even has an “in-line” $67 target, while consensus is ~$62–63 [8] [9].
- Earnings & Guidance: Q3 2025 earnings are due Oct 31 (BMO) [10], with consensus ~$0.93 EPS (vs $0.98 in Q3’24) [11]. Dominion reaffirmed full-year 2025 operating EPS guidance of $3.28–$3.52 [12] [13]. BofA notes Q3 will benefit from higher rates and gas sales, offset by higher costs [14] [15].
- Clean Energy Growth: Dominion is executing a massive clean-energy buildout. It plans >$50 billion in capital spending through 2029 to meet booming demand [16] [17] – notably from hyperscale data centers in Virginia. About 40 GW of data-center capacity is already contracted, with plans to double it, underpinning ~5–7% annual EPS growth [18].
- Offshore Wind Progress: Its Coastal Virginia Offshore Wind (CVOW) project (2.6 GW) is now >50% complete [19] [20]. First power is expected in Q1 2026 and full operation by late 2026 [21] [22], delivering clean energy to ~660,000 homes. Dominion reaffirmed this timeline despite political headwinds [23] [24].
- Valuation: Dominion trades at a forward P/E (~19×) below the utility sector average [25] [26]. Its PEG ratio (~1.3) is also low [27]. Analysts point out that positive EPS revisions often precede stock gains [28]. The street’s average fair value is around $62.15 [29] [30] (near current price).
- Regulated Stability: The company serves 3.6 million electric and 0.5 million gas customers in VA, NC and SC [31] under regulated rates. Its core utility cash flows (estimated ~$15.2 B rev in 2025) are seen as stable, buttressed by long-term contracts. Dominion’s strategy to boost regulated renewables (solar, wind, storage) has attracted “Buy” calls [32] from some analysts.
In-depth, Dominion’s recent moves underscore why investors are watching closely. The company is a bet on both income and growth: a high-dividend utility riding secular tailwinds. The renegade shift to renewables remains the theme. One industry analyst notes that “when the rubber meets the road, electric utilities are still turning to carbon-free sources” [33] – a wry nod to Dominion’s practical pivot. The planning is concrete: Dominion issued RFPs for massive solar, wind and battery projects in Virginia and the Carolinas [34], mandated by state clean-energy laws. These projects (e.g. 1 GW+ solar farms) – coupled with strong data-center demand – are helping Dominion grow sales even as power usage rises.
Despite political rhetoric, Dominion’s own forecasts remain bullish. CEO Robert Blue and Dominion have highlighted 5–7% annual EPS growth through 2029, driven by data-center load and renewables [35]. Indeed, Dominion’s Q2 results showed resilience: operating EPS of $0.75 (matching expectations) and affirmed 2025 targets [36] [37]. Management continues to maintain its outlook even as it invests heavily. BofA and others expect Dominion to reiterate its $3.28–$3.52 EPS guidance when reporting Q3 [38].
On the trade floor, this has translated into modest stock strength. Dominion’s shares have climbed ~6% in the past month, outpacing many peers [39]. It trades near its 52-week high ($62.52) [40], and market cap is about $52 billion. The yield (4.4%) remains attractive in a market where many growth stocks have turned volatile. Analysts note the company’s “promising trajectory of consistently beating Wall Street’s forecasts” and its potential as a stable dividend pick [41] [42].
Looking ahead, Dominion faces some key catalysts. The Oct 31 earnings call will be closely watched for Q3 results and any update on spending or guidance. Next year’s fate hinges on delivering first power from CVOW and timing the rate-case approvals in Virginia and North Carolina. Any slips (e.g. cost overruns) are the main risks cited by analysts. But if Dominion keeps hitting milestones – as Dominion’s team forecasts (“First power will occur in Q1 of next year,” a Dominion spokesman said) [43] – the stock may be poised for more upside. As one utilities newsletter put it, Dominion’s “underlying fundamentals [are] intact” even as analysts nudge price targets higher [44] [45].
Sources: Recent Dominion stock coverage and filings [46] [47] [48] [49] [50] [51]; industry analysis [52] [53]; Dominion press releases [54] [55].
References
1. www.marketbeat.com, 2. www.barchart.com, 3. www.investing.com, 4. www.investing.com, 5. www.marketbeat.com, 6. www.marketbeat.com, 7. www.investing.com, 8. www.marketbeat.com, 9. www.insidermonkey.com, 10. www.barchart.com, 11. www.barchart.com, 12. news.dominionenergy.com, 13. www.investing.com, 14. www.investing.com, 15. www.investing.com, 16. www.insidermonkey.com, 17. simplywall.st, 18. www.insidermonkey.com, 19. finimize.com, 20. www.rtoinsider.com, 21. www.canarymedia.com, 22. www.rtoinsider.com, 23. www.canarymedia.com, 24. www.rtoinsider.com, 25. finimize.com, 26. ts2.tech, 27. ts2.tech, 28. ts2.tech, 29. ts2.tech, 30. simplywall.st, 31. investors.dominionenergy.com, 32. ts2.tech, 33. ts2.tech, 34. ts2.tech, 35. www.insidermonkey.com, 36. news.dominionenergy.com, 37. www.investing.com, 38. www.investing.com, 39. ts2.tech, 40. www.investing.com, 41. www.barchart.com, 42. finimize.com, 43. www.canarymedia.com, 44. www.insidermonkey.com, 45. www.marketbeat.com, 46. www.barchart.com, 47. www.investing.com, 48. www.insidermonkey.com, 49. www.canarymedia.com, 50. finimize.com, 51. www.marketbeat.com, 52. ts2.tech, 53. ts2.tech, 54. news.dominionenergy.com, 55. www.rtoinsider.com
