
Dominion Energy (D) Stock Forecast & Price Target
Dominion Energy (D) Analyst Ratings
Bulls say
Dominion Energy is a strong utility company with a large and diverse portfolio of over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. With the recent announcement of a new 5.2 GW wind farm off the Virginia Beach coast and a positive outlook for future occupancy and rental rates in the Toronto market, Dominion is well-positioned for growth and potential upside. While the company's debt levels and occupancy rates may be slightly higher, potential upside could result in a mid-$20 unit price in the long-term. Overall, Dominion Energy is a solid investment opportunity for those with a slightly higher risk tolerance.
Bears say
Dominion Energy is facing declining year-over-year revenue, with a 14.4% decrease in FFOPU in comparison to the previous year. The company's occupancy rates have improved, but this is primarily due to reclassification of assets and not organic growth. Additionally, Dominion Energy has a high debt-to-EBITDA ratio, indicating potential financial strain in the future.
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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