Dominion Energy (D) Ascends While Market Falls: Some Facts to Note

Company Performance - Dominion Energy's stock closed at $57.93, reflecting a +0.78% change from the previous trading day, outperforming the S&P 500's loss of 0.19% [1] - Over the last month, Dominion Energy's shares increased by 1.84%, lagging behind the Utilities sector's gain of 3.59% and the S&P 500's gain of 2.06% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.94, representing a 22.08% increase from the same quarter last year [2] - Revenue is forecasted to be $4.12 billion, indicating an 8.23% growth compared to the prior year [2] Full Year Projections - For the full year, earnings are projected at $2.75 per share, reflecting a +38.19% change from the previous year, while revenue is expected to be $15.63 billion, showing a -4.66% change [3] Analyst Estimates - Recent changes in analyst estimates suggest a favorable outlook on Dominion Energy's business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Dominion Energy as 3 (Hold) [6] Valuation Metrics - Dominion Energy has a Forward P/E ratio of 20.89, which is a premium compared to its industry's Forward P/E of 17.55 [6] - The company holds a PEG ratio of 1.54, while the average PEG ratio for the Utility - Electric Power industry is 2.75 [7] Industry Context - The Utility - Electric Power industry is ranked 35 in the Zacks Industry Rank, placing it in the top 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]