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

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 1, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Questar Corporation stock prior to February 1, … Read more on this. Dominion Resources, Inc. (D) , with a current value of $41.78B, began trading this morning at $70.53. During today’s session, D traded between $69.94 to $71.42 with the price of the stock fluctuating between $64.54 to $78.88 over the last 52 weeks. Dominion Resources (D) shares are currently priced at 19.77x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 8.71x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $2.80 per share annually in dividends, yielding 3.88%. According to a consensus of 16 analysts, the earnings estimate of $0.89 per share would be $0.05 better than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $3.65 which would be a $0.22 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.66 Billion. If reported, that would be a 24.49% increase over the year-ago quarter. More recently, Scotia Howard Weil Initiated D at Sector Outperform (Nov 17, 2015). Previously, Citigroup Initiated D at to Buy. The average price target for D shares is $77.29, which is 9.58% above where the stock opened this morning. See more in (NYSE:D) Similar Articles: Company Update: Dominion Resources Inc (NYSE:D) – Dominion Resources, Inc., Recommends Shareholder Rejection of ‘Mini-Tender’ Offer By TRC Capital Corporation Company Update: Dominion Resources Inc (NYSE:D) – Dominion Closes on First Phase of Solar Sale to SunEdison Market Update: Duke Energy Corp (NYSE:DUK) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Piedmont Natural Gas Company, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Duke Energy Corp. — PNY
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