NYSE:D

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Dominion Energy, Inc. produces and transports energy. More Details


Snowflake Analysis

Established dividend payer and slightly overvalued.


Similar Companies

Share Price & News

How has Dominion Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: D has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.4%

D

-1.8%

US Integrated Utilities

-1.5%

US Market


1 Year Return

-3.6%

D

-11.2%

US Integrated Utilities

12.9%

US Market

Return vs Industry: D exceeded the US Integrated Utilities industry which returned -11.1% over the past year.

Return vs Market: D underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

DIndustryMarket
7 Day-3.4%-1.8%-1.5%
30 Day-0.9%-0.9%-1.8%
90 Day-5.8%2.3%6.6%
1 Year0.9%-3.6%-8.0%-11.2%15.4%12.9%
3 Year14.6%-0.08%16.5%4.5%39.6%30.2%
5 Year39.0%12.3%61.5%34.8%93.4%71.7%

Price Volatility Vs. Market

How volatile is Dominion Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dominion Energy undervalued compared to its fair value and its price relative to the market?

34.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: D ($77.96) is trading below our estimate of fair value ($119.1)

Significantly Below Fair Value: D is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: D is poor value based on its PE Ratio (130.3x) compared to the US Integrated Utilities industry average (18.2x).

PE vs Market: D is poor value based on its PE Ratio (130.3x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: D is poor value based on its PEG Ratio (8.5x)


Price to Book Ratio

PB vs Industry: D is overvalued based on its PB Ratio (2.5x) compared to the US Integrated Utilities industry average (1.7x).


Next Steps

Future Growth

How is Dominion Energy forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

15.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: D's forecast earnings growth (15.3% per year) is above the savings rate (2.2%).

Earnings vs Market: D's earnings (15.3% per year) are forecast to grow slower than the US market (23.1% per year).

High Growth Earnings: D's earnings are forecast to grow, but not significantly.

Revenue vs Market: D's revenue (2.5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: D's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: D's Return on Equity is forecast to be low in 3 years time (10.8%).


Next Steps

Past Performance

How has Dominion Energy performed over the past 5 years?

-7.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: D has a large one-off loss of $2.6B impacting its June 30 2020 financial results.

Growing Profit Margin: D's current net profit margins (2.9%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: D's earnings have declined by 7.3% per year over the past 5 years.

Accelerating Growth: D's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: D had negative earnings growth (-43%) over the past year, making it difficult to compare to the Integrated Utilities industry average (6.5%).


Return on Equity

High ROE: D's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Dominion Energy's financial position?


Financial Position Analysis

Short Term Liabilities: D's short term assets ($6.1B) do not cover its short term liabilities ($9.5B).

Long Term Liabilities: D's short term assets ($6.1B) do not cover its long term liabilities ($63.3B).


Debt to Equity History and Analysis

Debt Level: D's debt to equity ratio (129.6%) is considered high.

Reducing Debt: D's debt to equity ratio has reduced from 210.7% to 129.6% over the past 5 years.

Debt Coverage: D's debt is not well covered by operating cash flow (15.1%).

Interest Coverage: D's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Dominion Energy current dividend yield, its reliability and sustainability?

4.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: D's dividend (4.82%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: D's dividend (4.82%) is in the top 25% of dividend payers in the US market (4.7%)


Stability and Growth of Payments

Stable Dividend: D's dividends per share have been stable in the past 10 years.

Growing Dividend: D's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (621.1%), D's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: D's dividends in 3 years are forecast to be covered by earnings (67.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Tom Farrell (66 yo)

14.67yrs

Tenure

US$17,257,035

Compensation

Mr. Thomas F. Farrell II, also known as Tom, serves as Independent Chairman of the Board at Altria Group, Inc. since April 16, 2020 and serves as its Independent Director since 2008. He had been the Presid ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD17.26M) is above average for companies of similar size in the US market ($USD11.35M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Farrell
Chairman14.67yrsUS$17.26m0.13%
$ 85.5m
James Chapman
Executive VP1.83yrsUS$1.91m0.0052%
$ 3.4m
Robert Blue
Co-COO & Executive VP0.75yrUS$4.29m0.0089%
$ 5.8m
Diane Leopold
Co-COO & Executive VP0.75yrUS$4.64m0.0086%
$ 5.7m
Michele Cardiff
VP, Controller & Chief Accounting Officer6.42yrsno data0.0026%
$ 1.7m
Thomas Hamlin
Vice President of Investor Relations & Financial Planning9.58yrsno datano data
Carlos Brown
Senior VP3.67yrsno data0.0016%
$ 1.1m
William Murray
Senior Vice President of Corporate Affairs & Communications1.58yrsno data0.0013%
$ 817.9k
Carter Reid
Executive VPno datano datano data
Thomas Wohlfarth
Senior Vice President of Regulatory Affairs15.67yrsno datano data
Paul Ruppert
President of Gas Transmission - Gas Infrastructure Groupno datano data0.0041%
$ 2.7m
Anne Bomar
Senior Vice President of Gas Transmission Commercial Services10.75yrsno datano data

5.0yrs

Average Tenure

52yo

Average Age

Experienced Management: D's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Farrell
Chairman14.67yrsUS$17.26m0.13%
$ 85.5m
Mark Kington
Independent Director15.42yrsUS$289.97k0.017%
$ 11.2m
Michael Szymanczyk
Independent Director7.92yrsUS$264.97k0.0081%
$ 5.3m
Robert Spilman
Independent Director10.75yrsUS$289.97k0.0032%
$ 2.1m
John Harris
Lead Independent Director6.67yrsUS$496.22k0.0026%
$ 1.7m
James Bennett
Independent Director1.58yrsUS$336.21k0.0011%
$ 693.5k
Susan Story
Independent Director3.67yrsUS$264.97k0.0013%
$ 876.7k
Joseph Rigby
Independent Director3.67yrsUS$264.97k0.00066%
$ 431.8k
Ronald Jibson
Independent Director4yrsUS$264.97k0.0018%
$ 1.2m
James Ellis
Independent Director7.33yrsUS$264.97k0.00077%
$ 503.8k
Helen Dragas
Director9.75yrsUS$289.97k0.0056%
$ 3.6m
Pamela Royal
Independent Director7.5yrsUS$264.97k0.0010%
$ 660.8k

7.4yrs

Average Tenure

63.5yo

Average Age

Experienced Board: D's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.5%.


Top Shareholders

Company Information

Dominion Energy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dominion Energy, Inc.
  • Ticker: D
  • Exchange: NYSE
  • Founded: 1983
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: US$65.428b
  • Shares outstanding: 839.25m
  • Website: https://www.dominionenergy.com

Number of Employees


Location

  • Dominion Energy, Inc.
  • 120 Tredegar Street
  • Richmond
  • Virginia
  • 23219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 1983
DODDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1983
0IC9LSE (London Stock Exchange)YesCommon StockGBUSDMay 1983
DODETLX (Eurotlx)YesCommon StockITEURMay 1983
DOENWBAG (Wiener Boerse AG)YesCommon StockATEURMay 1983
DCUENYSE (New York Stock Exchange)CORP UNITSUSUSDJun 2019
D1OM34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COM NPVBRBRLDec 2019

Biography

Dominion Energy, Inc. produces and transports energy. The company’s Dominion Energy Virginia segment engages in the regulated electric generation, transmission, and distribution operations that serve resid ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 06:13
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.