Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Dominion Energy Inc before investing.

In this article, we go over a few key elements for understanding Dominion Energy Inc’s stock price such as:

• Dominion Energy Inc’s current stock price and volume
• Why Dominion Energy Inc’s stock price changed recently
• Upgrades and downgrades for D from analysts
• D’s stock price momentum as measured by its relative strength

About Dominion Energy Inc (D)

Before we jump into Dominion Energy Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Dominion Energy, Inc. is a producer and distributor of energy. The Company?s operations are conducted through its subsidiaries, including Virginia Power. The Company is focused on providing electricity, natural gas and related services to customers, primarily in the eastern and Rocky Mountain regions of the United States. The Company's segments include Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. Dominion Energy Virginia segment includes Virginia Power?s regulated electric transmission, distribution, and generation operations. Gas Distribution segment includes its regulated natural gas sales, transportation, gathering, storage, and distribution operations. Dominion Energy South Carolina segment is comprised of Dominion Energy South Carolina, Inc?s generation, transmission, and distribution of electricity. Contracted Assets include the operations of Millstone, and associated energy marketing and price risk activities, and others.

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Dominion Energy Inc’s Stock Price as of Market Close

As of March 04, 2024, 4:00 PM, CST, Dominion Energy Inc’s stock price was $46.70.

Dominion Energy Inc is up 4.26% from its previous closing price of $44.79.

During the last market session, Dominion Energy Inc’s stock traded between $44.17 and $47.00. Currently, there are 836.80 million shares of Dominion Energy Inc stock available for purchase.

Dominion Energy Inc’s price-earnings (P/E) ratio is currently at 21.5, which is high compared to the Utilities - Electric industry median of 15.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Dominion Energy Inc Stock Price History

Dominion Energy Inc’s (D) price is currently down 2.36% so far this month.

During the month of March, Dominion Energy Inc’s stock price has reached a high of $47.00 and a low of $44.17.

Over the last year, Dominion Energy Inc has hit prices as high as $58.69 and as low as $39.18. Year to date, Dominion Energy Inc’s stock is down 23.84%.

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What Caused Dominion Energy Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 01, 2024, there was 1 analyst who downgraded Dominion Energy Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Dominion Energy Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Dominion Energy Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Dominion Energy Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Dominion Energy Inc (D) by visiting AAII Stock Evaluator.

Relative Price Strength of Dominion Energy Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 01, 2024, Dominion Energy Inc has a weighted four-quarter relative price strength of -11.05%, which translates to a Momentum Score of 33 and is considered to be Weak.

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Dominion Energy Inc Stock Price: Bottom Line

As of March 4, 2024, Dominion Energy Inc’s stock price is $46.70, which is up 4.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Dominion Energy Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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