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Are Utilities Stocks Lagging Dominion Energy (D) This Year?
Dominion EnergyDominion Energy(US:D) ZACKSยท2024-12-20 15:40

Group 1 - Dominion Energy has gained approximately 12.7% year-to-date, outperforming the Utilities sector average gain of about 9.2% [3] - The Zacks Rank for Dominion Energy is currently 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [2][6] - The consensus estimate for Dominion Energy's full-year earnings has increased by 0.1% over the past quarter, reflecting improved analyst sentiment [6] Group 2 - Dominion Energy is part of the Utility - Electric Power industry, which includes 60 companies and has an average gain of 12.4% this year, indicating that Dominion is performing well within its industry [8] - Entergy, another stock in the Utilities sector, has significantly outperformed with a year-to-date return of 47.2% [7] - The Utilities sector, which includes 105 individual stocks, currently holds a Zacks Sector Rank of 8, suggesting a competitive environment [5]