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D CVOW Construction Resumes via Court Injunction → 2026 EPS Guide $3.45-$3.69, JPMorgan Issues Sell

A U.S. District Court granted Dominion Energy a preliminary injunction allowing it to resume construction on its Coastal Virginia Offshore Wind project, a key long-term growth catalyst for the utility's regulated earnings expansion strategy. Management issued 2026 operating earnings guidance of $3.45-$3.69 per share (midpoint $3.57) and declared a quarterly dividend of $0.6675 per share payable March 20, with the stock trading at $63.25 and a dividend yield of 4.22%. Risks include divergent analyst sentiment—JPMorgan issued a Sell rating on March 12 and Jefferies lowered its price target to $60 on CVOW concerns, despite Scotiabank raising its target to $67 reflecting constructive views on the project's long-term value.