With a market capitalization of $54.7 billion, Dominion Energy, Inc. (D) provides regulated electricity and natural gas services, primarily through its Dominion Energy Virginia and Dominion Energy South Carolina segments. It also operates a Contracted Energy segment focused on renewable energy and natural gas and, as of 2025, manages a large infrastructure portfolio that includes more than 30 GW of generation capacity and extensive transmission and distribution networks.
It is expected to reveal its fiscal first quarter 2026 results before the market opens on Friday, May 1. Ahead of the event, analysts anticipate the Richmond, Virginia-based company will report adjusted EPS of $0.87, down 6.5% from $0.93 in the prior-year quarter. However, it has surpassed Wall Street’s final estimates over the past four quarters.
For fiscal 2026, analysts expect Dominion Energy to post adjusted EPS of $3.60, up 5.3% from $3.42 in fiscal 2025. Additionally, adjusted EPS is expected to grow 5.8% year-over-year to $3.81 in fiscal 2027.
Shares of Dominion Energy have returned 17.7% over the past 52 weeks, underperforming both the S&P 500 Index ($SPX)’s 37.5% gain and the State Street Utilities Select Sector SPDR ETF’s (XLU) 18.7% gain over the same period.
Dominion Energy shares fell 2.6% on Feb. 23 after the company forecast fiscal 2026 operating earnings of $3.45 per share – $3.69 per share, with the midpoint below analysts’ estimate of $3.60. The decline also followed a nearly 11% year-over-year increase in fourth-quarter 2025 operating expenses to $3.34 billion, which pressured margins even though adjusted earnings per share of $0.68 slightly beat estimates. Additionally, the company announced a significant increase in capital spending to $64.7 billion for the period 2026-2030 to support growing data center electricity demand.
The analyst consensus rating on D stock is Cautious, with an overall rating of “Hold.” Of the 21 analysts covering the stock, opinions include three “Strong Buys”, 17 “Holds” and one “Strong Sell”. The average analyst price target for Dominion Energy is $66.73, indicating a potential upside of 8.4% from current levels.
As of the date of publication, Sohini Mondal had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com