With 2.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.74 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $61.26 whereas the lowest price it dropped to was $60.53. The 52-week range on D shows that it touched its highest point at $60.93 and its lowest point at $39.44 during that stretch. It currently has a 1-year price target of $58.92. With its current market cap of 50.98 billion, D has annualized dividend of $2.67 while the current yield stands at 4.39%. Beta for the stock currently stands at 0.60.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of D was up-trending over the past week, with a rise of 1.72%, but this was up by 6.20% over a month. Three-month performance surged to 15.31% while six-month performance rose 19.23%. The stock gained 50.61% in the past year, while it has gained 29.30% so far this year. A look at the trailing 12-month EPS for D yields 1.86 with Next year EPS estimates of 3.38. For the next quarter, that number is 0.93. This implies an EPS growth rate of 38.90% for this year and 22.32% for next year. EPS is expected to grow by 17.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.37%.
Float and Shares Shorts:
At present, 838.00 million D shares are outstanding with a float of 837.80 million shares on hand for trading. On 2024-09-30, short shares totaled 17.13 million, which was 203.99998999999997 higher than short shares on 1724976000. In addition to Mr. Robert M. Blue as the firm’s President, CEO & Chairman of the Board, Mr. Steven D. Ridge serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.77042997 of D’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, D reported revenue of $3486000000.0 and operating income of $871000000.0. The EBITDA in the recently reported quarter was $1816000000.0 and diluted EPS was $0.65.
