D Stock Summary and Trading Ideas (Dominion Energy | NYSE:D)

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Dominion Energy trades on the NYSE stock market under the symbol D.

As of April 23, 2024, D stock price climbed to $50.67 with 4,491,680 million shares trading.

D has a beta of 0.60, meaning it tends to be less sensitive to market movements. D has a correlation of 0.09 to the broad based SPY ETF.

D has a market cap of $42.40 billion. This is considered a Large Cap stock.

Last quarter Dominion Energy reported $4 billion in Revenue and $.29 earnings per share. This fell short of revenue expectation by $-276 million and missed earnings estimates by -$.09.

In the last 3 years, D stock traded as high as $88.78 and as low as $39.18.

The top ETF exchange traded funds that D belongs to (by Net Assets): VTI, VOO, XLU, SPY, VO.

D stock has underperformed the market in the last year with a return of -7.6%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in D shares. However, D has outperformed the market in the last 3 month and 2 week periods, returning +13.9% and +3.9%, while SPY returned +4.9% and -2.5%, respectively. This indicates D has been having a stronger performance recently.

D support price is $49.69 and resistance is $51.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that D stock will trade within this expected range on the day.