KeyCorp Has Pessimistic View of Dominion Energy Q2 Earnings

Dominion Energy Inc. (NYSE:D) – Analysts at KeyCorp cut their Q2 2026 earnings estimates for Dominion Energy in a research report issued on Wednesday, July 22nd. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $0.66 per share for the quarter, down from their prior estimate of $0.90. The consensus estimate for Dominion Energy’s current full-year earnings is $3.57 per share. KeyCorp also issued estimates for Dominion Energy’s Q3 2026 earnings at $1.42 EPS and Q4 2026 earnings at $0.53 EPS.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period last year, the business earned $0.93 EPS. The business’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS.

Several other analysts also recently weighed in on the company. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Wells Fargo & Company increased their price target on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Truist Financial lowered their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Finally, Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average target price of $68.00.

Dominion Energy Stock Performance

Shares of D stock opened at $71.09 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. The company’s fifty day moving average price is $68.58 and its two-hundred day moving average price is $64.42. The firm has a market capitalization of $62.52 billion, a P/E ratio of 21.03 and a beta of 0.65. Dominion Energy has a 12 month low of $55.85 and a 12 month high of $72.99.

Institutional Investors Weigh In On Dominion Energy

A number of institutional investors have recently modified their holdings of D. Brighton Jones LLC grew its stake in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after purchasing an additional 3,553 shares in the last quarter. Empowered Funds LLC raised its stake in Dominion Energy by 8.3% during the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after buying an additional 1,344 shares in the last quarter. Woodline Partners LP raised its stake in Dominion Energy by 40.7% during the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares in the last quarter. Intech Investment Management LLC lifted its holdings in Dominion Energy by 71.2% during the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after buying an additional 12,663 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Dominion Energy by 9.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after buying an additional 10,775 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a $0.6675 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. Dominion Energy’s payout ratio is presently 78.99%.

Key Stories Impacting Dominion Energy

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Analysts and preview pieces say Dominion Energy’s upcoming quarterly results are expected to show earnings growth, which could support the stock if the company meets or beats estimates. Article Title
• Positive Sentiment: A BMO Capital Markets note said Dominion Energy’s stock price is expected to rise, reflecting a generally favorable analyst view heading into earnings. Article Title
• Neutral Sentiment: The company is set to report quarterly earnings on Friday, and investors are waiting to see whether management can deliver on guidance and confirm the outlook for regulated utility growth. Article Title
• Neutral Sentiment: Several articles focused on storm preparedness and local power-line opposition in Virginia, which are operational and regulatory headlines but do not appear to be immediate financial catalysts. Article Title
• Negative Sentiment: KeyCorp trimmed longer-term earnings estimates for Dominion Energy across FY2026-FY2030, suggesting slightly slower profit growth than previously expected, which could cap upside if investors focus on future valuation. Article Title

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.