How to Buy Dominion Energy Stock
Dominion Energy Inc
Dominion Energy is a regulated electric utility company located in Virginia, United States, which is part of the Utilities sector, and is traded under the ticker D on the NYSE exchange.
Dominion Energy stock last closed at $47.92, down 2.02% from the previous day, and has decreased 18.34% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.05 percentage points. Dominion Energy stock is currently +22.31% from its 52-week low of $39.18, and -18.35% from its 52-week high of $58.69.
At the moment, there are 837.44M shares of D outstanding. The market capitalization of D is $40.13B. In the past 24 hours, 4.41M D shares were traded.
How to Buy Dominion Energy Stock
Wondering how to invest in Dominion Energy stock? Here's how.
- Choose where to buy Dominion Energy stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Dominion Energy stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your method of payment and add your info.
- Research Dominion Energy stock: The Dominion Energy ticker symbol is D. Is Dominion Energy stock a good investment? Should you buy shares of D? How do D's underlying business fundamentals look? Do top analysts think Dominion Energy is a good buy? Why has D's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if D is a good stock to buy).
- Make your D purchase: Decide if you will purchase D shares at the current market price or use a limit order to buy D shares at a particular price.
- Keep an eye on your D position: Create a watchlist to watch your investment in Dominion Energy stock.
Step 1: Choose where to buy Dominion Energy stock
You will need an online brokerage account in order to access the NYSE market and buy D stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy D stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on stock market app, you need to deposit funds:
Check out this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Research Dominion Energy stock
After you have decided on the best place to buy Dominion Energy stock, it's very important to research their stock prior to investing, so you actually understand the risk as well as the upside.
Dominion Energy shares quick numbers
Dominion Energy Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on D's stock page.
Is D stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge D's true value.
Using relative valuations metrics:
- D may be overvalued based on its P/E ratio of 20.93x, relative to Utilities - Regulated Electric industry P/E ratio of 15.8x
- D could be undervalued based on its P/B ratio of 1.46x, relative to Utilities - Regulated Electric industry P/B ratio of 1.57x
- D may be undervalued based on its PEG ratio of 0.66x
You can access additional valuation research on D's stock here.
D Financial Health
Passed Financial Due Diligence Checks:
- D profit margin has gone up from 9.5% to 13.9% in the past year.
- There are more short-term assets than short-term liabilities on the D balance sheet.
Failed Financial Due Diligence Checks:
- D has $883.00M in cash and short term investments. This is not enough to cover its annual cash burn of $3.66B.
- There are more long-term liabilities than short-term assets on the D balance sheet.
- Total D debt is higher than 5 years ago, relative to shareholder equity.
- D has a relatively high debt to equity ratio of 2.96.
- D has cash burn of 3663000000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy D stock, according to analysts?
Out of 7 sell side analysts who give forecasts on D, the consensus analyst rating on Dominion Energy is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent D Analyst Forecasts
Shahriar Pourreza, a bottom 35% analyst from Guggenheim maintains D with a strong buy rating and lowers their D price target from $57.00 to $52.00, on Mar 4, 2024.
Jeremy Tonet, a top 20% analyst from JP Morgan maintains D with a hold rating and raises their D price target from $49.00 to $51.00, on Dec 1, 2023.
You can dig deeper into what analysts are forecasting on the Dominion Energy stock forecast page.
D Technical Indicators
How are D Revenues/Earnings doing?
Last year, D earnings were $1.99B. During the past 5 year, D's earnings have increased by -9.34% per year. This was slower than the Utilities - Regulated Electric industry average of 2.57%.
Last year, D revenue was $14.39B. In the past five year, D's revenue has increased by 5.15% per year. This was faster than the Utilities - Regulated Electric industry average of 4.03%.
Find out more about D's earnings and revenue performance here.
What are D executives and large shareholders up to?
Over the last year, insiders at D have bought more shares than they have sold.
Joseph M. Rigby, Director of D, was the latest D insider to buy. They bought $99,990.72 worth of D shares on Mar 6, 2024.
Get more info about who owns D shares here.
Can I rely on D as an income stream?
Dominion Energy pays a dividend of 5.57%, compared to the Utilities - Regulated Electric industry's average dividend yield of 4.09%. If you owned $1,000 of D stock, you would have received $55.72 in the past year.
Dominion Energy dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Dominion Energy dividend yield and history here.
Get opinions from other traders
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Step 5: Make your D purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your D position
Now that you own some D stock, you'll want to keep up with your new company.
Start a watchlist to get notified of important updates regarding your D stock.
D Feed
How to Buy Stock in Dominion Energy
To summarize, here are the 6 steps to buy Dominion Energy stock:
- Choose where to buy Dominion Energy stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Dominion Energy stock
- Make your D purchase
- Keep an eye on your D position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Dominion Energy, create a watchlist today.
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