Utilities stocks have not kept pace with
Dominion Energy (D) this year. However, analysts are concerned about the company's use of debt, which is considered risky. The corporate plans to redeem its series B preferred stock even as the Retirement Systems of Alabama increased its stock position in the company.
Dominion has shown strong resilience, with impressive growth driven by its AI-powered initiative. The company's
quarterly earnings of the third quarter of 2024 have been announced, marking a strong performance. It also announced a dividend payout of $0.6675.
Despite a market cap decline of $1.8B, the five-year earnings growth remains promising. However, it has been noted that the stock has dipped in recent times as well. The retired COO Diane Leopold has named her successors. The
company's stocks have seen fluctuations, beating market upswing and showing resilience even when the market falls.
Dominion Energy has a high consensus ROE according to Goldman Sachs. The company also announced the closing of its sale of the Public Service Company of North Carolina. The Dominion Energy Charitable Foundation has made generous donations across multiple states.
Dominion Energy D News Analytics from Wed, 05 Jun 2024 07:00:00 GMT to Fri, 20 Dec 2024 15:23:00 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 5
