Anytime is a great time to invest in stocks. The catch is that you must choose the right stocks.
Dominion Energy (D) reported earnings 30 days ago. What's next for the stock?
In the most recent trading session, Dominion Energy (D) closed at $54.09, indicating a +0.69% shift from the previous trading day.
The “buy the dip” financial news teleprompter readers and the 35-year-old portfolio managers who have never seen a market crash are pounding the table that stocks are still going to the moon.
Dominion Energy offers stability and growth, driven by robust electricity demand from data centers and disciplined capital spending, with 60% recoverable through regulatory mechanisms. Management guides for 5-7% annual operating EPS growth through 2029. Dominion currently yields 4.8% and the dividend is well-covered by 2025 estimated earnings. At the current valuation, D stock could reasonably deliver potential market-beating total returns.
Dream Office REIT sold 438 University Avenue for $105 million at a 7.25% cap rate, highlighting the tough investment market. The sale price of $325 per square foot contrasts sharply with the portfolio's average valuation of $453 per square foot. In-place occupancy hit a new low of 77.5% in Q4-2024.
D is expected to benefit from the rising demand for clean energy in its service territories. The company is planning to invest more to strengthen operations.
For almost 2.5 years, we have watched the market take off on a ride we haven't seen since the dot-com era of the mid-to-late 1990s.
Dominion Energy NYSE: D is a major player in the United States energy sector. The company recently released its fourth-quarter earnings report for 2024.
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Dominion Energy's Q4 results showed a mixed performance. EPS beat expectations slightly, but sales declined 3.7% yearly to $3.4B. The company targets 5%- 7% EPS growth from 2025 to 2029, driven by $50B in capital investments, including the Coastal Virginia Offshore Wind project. Concerns include potential cost overruns on CVOW, inflationary pressures, and reduced government support, leading to a neutral rating on Dominion.
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