Reasons to Give Dominion Energy a Spot in Your Portfolio Right Now

Core Insights - Dominion Energy, Inc. is focusing on long-term strategic investments and infrastructure expansion to enhance its electric and natural gas systems, aiming for carbon neutrality by 2050 [1][3] - The company is recognized as a strong investment option within the Zacks Utility-Electric Power industry due to its growth outlook and expansion plans [1][2] Growth Outlook - The Zacks Consensus Estimate for 2025 earnings per share (EPS) has increased by 0.30% to $3.40 over the past 60 days [3] - Expected revenues for 2025 are projected at $15.56 billion, indicating a growth of 7.62% from the 2024 reported figure [3] - Dominion Energy's long-term earnings growth rate is estimated at 10.26% [3] - The company has consistently beaten earnings estimates in the last four quarters, with an average surprise of 12.72% [3][10] Capital Return Program - Dominion Energy has been enhancing shareholder value through consistent dividend payments, with a current quarterly dividend of 66.75 cents per share, leading to an annualized dividend of $2.67 [4] - The current dividend yield stands at 4.34%, significantly higher than the Zacks S&P 500 composite average of 1.11% [4] Capital Investment and Expansion Plan - The company has committed to a nearly $50 billion infrastructure investment plan through 2029, starting with $12.1 billion in 2025 [5][10] - Investments will support the expansion of battery storage, solar, hydro, and both offshore and onshore wind projects by 2036, with an average increase in renewable energy capacity of over 15% per year for the next 15 years [6] Financial Metrics - Dominion Energy's Return on Equity (ROE) is currently at 9.60%, which is above the sector average of 9.38% [7] - The times interest earned (TIE) ratio at the end of Q3 2025 is 2.6, indicating the company's ability to meet long-term debt obligations [8] Share Price Performance - Over the past six months, Dominion Energy's shares have increased by 9.2%, although this lags behind the industry's growth of 11.9% [11]