Dominion Energy Stock Testing Price Floor – Buy Now?

November 18th, 2025 by Trefis Team
D: Dominion Energy logo
D
Dominion Energy

Dominion Energy (D) stock should be on your watchlist. Here is why – it is currently trading in the support zone ($58.42 – $64.58), levels from which it has bounced meaningfully before. In the last 10 years, Dominion Energy stock received buying interest at this level 7 times and subsequently went on to generate 13.4% in average peak returns.

  Peak Return Days to Peak Return
3/15/2019 4.1% 101
8/1/2019 21.3% 216
3/30/2020 14.6% 231
3/8/2021 11.6% 56
7/22/2021 7.6% 29
10/18/2021 7.4% 3
12/1/2021 26.9% 128

Yet, a support zone alone isn’t enough; rebounds are more likely when fundamentals, sentiment, and market conditions line up. How does that look for D?

Rebound Unlikely; Valuation, Debt Constrain Upside

Dominion Energy’s Q3 operating earnings beat, robust data center demand, and significant CVOW project advancement provide operational strengths. However, the stock maintains an elevated P/E ratio around 20x, indicating a premium valuation. Substantial leverage, with a 1.7 debt-to-equity ratio, and noted liquidity challenges introduce financial risk. Analyst consensus remains a ‘Hold’ with average price targets suggesting only modest upside. Sector-wide headwinds, including interest rate sensitivity and increasing capital costs, further hinder a sustained rebound.

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How Do D Financials Look Right Now?

  • Revenue Growth: 5.3% LTM and 7.5% last 3-year average.
  • Cash Generation: Nearly -53.0% free cash flow margin and 29.7% operating margin LTM.
  • Recent Revenue Shocks: The minimum annual revenue growth in the last 3 years for D was -2.4%.
  • Valuation: D stock trades at a PE multiple of 23.0

  D S&P Median
Sector Utilities –
Industry Multi-Utilities –
PE Ratio 23.0 23.1
   
LTM* Revenue Growth 5.3% 6.1%
3Y Average Annual Revenue Growth 7.5% 5.4%
Min Annual Revenue Growth Last 3Y -2.4% 0.2%
   
LTM* Operating Margin 29.7% 18.8%
3Y Average Operating Margin 27.0% 18.2%
LTM* Free Cash Flow Margin -53.0% 13.5%

*LTM: Last Twelve Months | For more details on D fundamentals, read Buy or Sell D Stock.

And What If The Support Breaks?

Stock D isn’t immune to big drops, even with good fundamentals. It fell about 25% during the Dot-Com Bubble and had a similar dip in 2018. The Global Financial Crisis hit harder, with a 41% decline. The Covid sell-off took it down roughly 33%, and the Inflation Shock brought the biggest hit at over 52%. So, despite solid factors, this stock can still take a serious hit when the market turns sour.

Still not sure about D stock? Consider the portfolio approach.

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