Dominion Energy Inc (D) Stock AnalysisDDominion Energy Inc

Dominion Energy, Inc. provides regulated electricity service to approximately 3.6 million homes and businesses in Virginia, North Carolina and South Carolina, and regulated natural gas service to over 500,000 customers in South Carolina. It develops and operates regulated offshore wind and solar power and is the producer of carbon-free electricity in New England. Its Dominion Energy Virginia segment includes Virginia Power's regulated electric transmission, distribution and generation operations, which serve homes and businesses in Virginia and North Carolina. Its Dominion Energy South Carolina segment includes DESC's generation, transmission and distribution of electricity to customers in the central, southern and southwestern portions of South Carolina and the distribution of natural gas to residential, commercial and industrial customers in South Carolina. Its Contracted Energy segment includes nonregulated long-term contracted electric generation fleet and natural gas facilities. It operates in the Utilities sector (ELECTRIC SERVICES industry).

Dominion Energy Inc is currently a hold. The stock is priced at $63.56, which is close to the average analyst target of $66, indicating limited upside potential. The RSI is at 78.025, suggesting it is overbought, which may lead to a price correction. However, the forward P/E ratio of 15.92 indicates it is reasonably valued compared to its earnings potential, but the significant insider selling trend of 572.13% raises concerns about confidence in the stock's future performance.

18 analysts cover D: 4 rate it Buy, 14 Hold and 0 Sell. The average price target is 64.36.