
Dominion Energy (D) Stock Forecast & Price Target
Dominion Energy (D) Analyst Ratings
Bulls say
Dominion Energy is a solid investment due to its strong position in the energy industry, with impressive generation and distribution capabilities. The company's construction of a significant wind farm off the coast of Virginia shows its commitment to renewable energy sources, which is a favorable trend in the industry. Additionally, Dominion Energy's recent sale of a property and its positive financial performance in the first quarter demonstrate its ability to adapt and thrive in changing markets.
Bears say
Dominion Energy is currently undergoing an all-stock merger with NEE at a 0.8138 exchange ratio, which is causing a relatively narrow arb spread between its current trading price and implied consideration value. Additionally, its IFRS NAVPU fell to $49.61 and its average cap rate fell to 6.29%, making it less compelling compared to the 10-year average. Lastly, stable liquidity and higher leverage q/q could dampen unit price performance in the near term.
This aggregate rating is based on analysts' research of Dominion Energy and is not a guaranteed prediction by Public.com or investment advice.
Dominion Energy (D) Analyst Forecast & Price Prediction
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