Dominion Resources Inc. (Virginia) (D) to Release Quarterly Earnings on Friday
Dominion Resources Inc. (Virginia) (NYSE:D) is scheduled to announce its earnings results on Friday, January 31st. Dominion Resources Inc. (Virginia) has set its FY13 guidance at $3.20-3.50 EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Dominion Resources Inc. (Virginia) (NYSE:D) last released its earnings data on Tuesday, November 5th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.08. During the same quarter in the previous year, the company posted $0.92 earnings per share. On average, analysts expect Dominion Resources Inc. (Virginia) to post $3.34 EPS for the current fiscal year and $3.58 EPS for the next fiscal year.
Shares of Dominion Resources Inc. (NYSE:D) opened at 66.28 on Thursday. Dominion Resources Inc. has a one year low of $53.79 and a one year high of $68.47. The stock has a 50-day moving average of $65.20 and a 200-day moving average of $62.70. The company has a market cap of $38.471 billion and a P/E ratio of 63.04.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of 0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Wednesday, February 26th. This is an increase from Dominion Resources Inc. (Virginia)’s previous quarterly dividend of $0.56.
A number of analysts have recently weighed in on D shares. Analysts at Ned Davis Research upgraded shares of Dominion Resources Inc. (Virginia) from a “sell” rating to a “neutral” rating in a research note to investors on Monday. On the ratings front, analysts at Morgan Stanley upgraded shares of Dominion Resources Inc. (Virginia) from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, January 13th. Finally, analysts at UBS AG upgraded shares of Dominion Resources Inc. (Virginia) from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 9th. They now have a $72.00 price target on the stock, up previously from $63.00. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. Dominion Resources Inc. (Virginia) has an average rating of “Hold” and an average price target of $64.18.
Dominion Resources, Inc (NYSE:D) is a producer and transporter of energy.
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