Stock Update: Dominion Resources Inc (NYSE:D) – Market Opportunity and Discovery — Analyst Notes on Occidental Petroleum, Time Warner, Dominion Resources and Anthem

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 5, 2016 / Moments ago, Trader’s Choice released new research updates concerning several developing situations, including one of the leading uptrends in today’s market: … Read more on this. Dominion Resources, Inc. (D) , valued at $41.73B, started trading this morning at $70.34. Looking at today’s market, D one day range is $69.69 to $70.49 with a one year range of $64.54 to $78.31. D shares are currently priced at 18.39x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 8.46x forward p/e ratio. The company pays shareholders $2.80 per share annually in dividends, yielding 3.99%. According to a consensus of 8 analysts, the earnings estimate of $0.95 per share would be $0.04 worse than the year-ago quarter and a $0.06 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.83, which would be a $0.39 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.61 Billion. If reported, that would be a 5.87% increase over the year-ago quarter. In terms of ratings, Citigroup downgraded D from Buy to Neutral (Feb 2, 2016). Previously, Scotia Howard Weil Initiated D at to Sector Outperform. When considering if the stock is under or overvalued, the average price target is $76.89, which is 9.31% above where the stock 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 Company Update: Dominion Resources Inc (NYSE:D) – Dominion Resources, Inc., Recommends Shareholder Rejection of ‘Mini-Tender’ Offer By TRC Capital Corporation Market Update: Dominion Resources Inc (NYSE:D) – Dominion And Dominion Midstream Schedule Third-Quarter Earnings Conference Call