Dominion Energy (D) has been underperforming the market, despite some stock gains. The company's latest
Q2 2024 earnings fell short of the estimates, but there are suggestions a major sales drop is underway. There are concerns as the company's ROE is weaker than its industry. Despite this,
OLD National Bancorp increased their position in the company and
DekaBank Deutsche Girozentrale purchased 25,208 shares. There is a rising demand from the
data center market, which could be a game-changer for the company. A new deal has also been announced for Dominion Energy to acquire an offshore wind lease from
Avangrid for potential future regulated generation development. The company has declared a quarterly dividend of
66.75 cents, and has a 77% institution backing. However, it is essential to note that analysts are divided over the company's prospects, with some being bullish and others bearish. In terms of strategic insights, it is suggested that the intrinsic value of Dominion Energy is yet to be fully realized.
Dominion Energy D News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sat, 10 Aug 2024 21:57:41 GMT -
Rating -2
- Innovation -4
- Information 4
- Rumor -3