Company Update (NYSE:D): Dominion Resources and the Library of Virginia Honor Eight African-American ‘Strong Men & Women in Virginia History’

[PR Newswire] – RICHMOND, Va., Feb. 4, 2016 /PRNewswire/ — Dominion Resources and the Library of Virginia commemorated the leadership and accomplishments of eight outstanding African Americans during the fourth annual … Read more on this. Dominion Resources, Inc. (D) , valued at $41.90B, started the session at $70.07. A quick look at the market, the company’s stock traded between $69.28 and $70.61 with a trailing 52-week range being $64.54 to $78.82. Dominion Resources (D) shares are currently priced at 18.26x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 8.46x earnings multiple for the same period. And for income investors, the company pays shareholders $2.80 per share annually in dividends, yielding 3.99%. In a review of the consensus earnings estimate this quarter, 8 sell-side analysts are looking at $0.96 per share, which would be $0.03 worse than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $3.83, which would be a $0.39 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.62 Billion. If reported, that would be a 6.16% increase over the year-ago quarter. Recently, Citigroup downgraded D from Buy to Neutral (Feb 2, 2016). Previously, Scotia Howard Weil Initiated D at to Sector Outperform. Given all the information above, we should disclose to readers that the average price target is $76.72, which is 9.49% above than it opened this morning. See more in (NYSE:D) Similar Articles: Stock Update: Dominion Resources Inc (NYSE:D) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Questar Corporation of an Investigation Concerning the Fairness of the Sale of the Company to Dominion Resources, Inc. – STR Stock Update: Dominion Resources Inc (NYSE:D) – Dominion Virginia Power Plans $9.5 Billion in Infrastructure and Upgrade Expenditures Stock Update: Dominion Resources Inc (NYSE:D) – Dominion Acquires Solar Energy Project on Virginia’s Eastern Shore
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