Enlight (NASDAQ:ENLT) and Dominion Energy (NYSE:D) Renewable Energy Comparison

Dominion Energy ( NYSE:D – Get Free Report ) and Enlight Renewable Energy ( NASDAQ:ENLT – Get Free Report ) are both utility companies, but which stocks are better? We will compare these two companies on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Volatility and risk

Dominion Energy has a beta of 0.59, which indicates its stock price is 41% less volatile than the S&P 500. In comparison, Enlight Renewable Energy has a beta of 1.68, indicating its stock price is 68% more volatile than the S&P 500.

Analyst recommendations

This is a summary of Dominion Energy and Enlight Renewable Energy’s latest ratings and price targets from MarketBeat.

	Sell ratings	Keep your grades up	Buy Ratings	Strong purchasing ratings	Assessment result
Dominion Energy	0	10	2	0	2.17
Enlighten renewable energy	0	2	2	0	2.50

Dominion Energy currently has a consensus price target of $51.73, suggesting a potential downside of 3.31%. The consensus price target for Enlight Renewable Energy is $18.75, suggesting a potential upside of 6.53%. Given Enlight Renewable Energy’s stronger consensus rating and higher possible overweight, analysts clearly believe Enlight Renewable Energy is preferable to Dominion Energy.

Valuation and profits

The table below compares the gross revenues, earnings per share (EPS) and valuation of Dominion Energy and Enlight Renewable Energy.

	Gross revenue	Price to sales ratio	Net income	Earnings per share	Price-earnings ratio
Dominion Energy	$14.39 billion	3/11	$1.99 billion	$1.94	27.58
Enlighten renewable energy	$255.70 million	7.96	$70.92 million	$0.51	34.51

Dominion Energy has higher revenues and profits than Enlight Renewable Energy. Dominion Energy shares are trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the cheaper of the two stocks.

Profitability

The table below compares Dominion Energy and Enlight Renewable Energy’s net margins, return on equity and return on assets.

	Net margins	Return on capital	Return on assets
Dominion Energy	11.57%	7.50%	1.85%
Enlighten renewable energy	23.15%	4.47%	1.46%

Insider and institutional ownership

73.0% of Dominion Energy shares are in the hands of institutional investors. For comparison, 38.9% of Enlight Renewable Energy shares are in the hands of institutional investors. 0.1% of Dominion Energy shares are owned by company insiders. Strong institutional ownership indicates that large fund managers, foundations and hedge funds believe that the company will outperform the market in the long run.

summary

Dominion Energy beats Enlight Renewable Energy in 7 of 13 factors comparing the two companies.

About Dominion Energy

(Get the free report)

Dominion Energy, Inc. engages in the production and distribution of energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina and Contracted Energy. The Dominion Energy Virginia segment generates, transmits and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial and government customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits and distributes electricity to approximately 0.8 million customers in central, southern and southwestern South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial and industrial customers in South Carolina. The Contracted Energy Segment deals with non-regulated, long-term contractual investment in the generation of electricity from renewable sources and renewable natural gas. As of December 31, 2023, the company’s asset portfolio included approximately 29.5 gigawatts of electricity generation capacity; 16,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution network and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was founded in 1983 and is headquartered in Richmond, Virginia.

About Enlight Renewable Energy

(Get the free report)

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central and Eastern Europe, Western Europe and the United States. The company develops, finances, constructs, owns and operates industrial-scale renewable energy projects. It develops projects related to wind energy, solar energy and energy storage. The company was founded in 1981 and is headquartered in Rosh Haayin, Israel.

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