Stock Update (NYSE:D): INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Questar Corporation of a Class Action Lawsuit in Connection With the Fairness of the Sale of the Company to Dominion Resources, Inc. — STR

[GlobeNewswire] – NEW YORK, Feb. 09, 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, 2016. You are hereby … Read more on this. Dominion Resources, Inc. (D) , valued at $42.06B, began trading this morning at $69.49. Today, shares have traded between $69.15 and $70.87 per share and has traded between $64.54 and $76.86 over the past year. Priced at 18.19x this year’s forecasted earnings, D shares are relatively expensive compared to the industry ’s 8.46x forward p/e ratio. And for dividend hunters, the company pays shareholders $2.80 per share annually in dividends, yielding 3.94%. In a review of the consensus earnings estimate this quarter, 8 sell-side analysts are looking at $0.95 per share, which would be $0.04 worse than the year-ago quarter and a $0.05 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.82 would be a $0.38 better when compared to the previous 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. More recently, Citigroup downgraded D from Buy to Neutral (Feb 2, 2016). Previously, Scotia Howard Weil Initiated D at to Sector Outperform. The average price target for D shares by the analysts covering the stock is $76.89, which is 10.65% 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 Company Update: Dominion Resources Inc (NYSE:D) – Dominion Closes on First Phase of Solar Sale to SunEdison