Chesapeake Utilities (CPK) Expected to Announce Earnings on Thursday

Key Points

• Chesapeake Utilities is set to release its Q2 2025 earnings results on August 7th, with anticipated earnings of $1.00 per share and revenue of $182.45 million.
• The company increased its quarterly dividend to $0.685, yielding 2.27%, up from the previous dividend of $0.64.
• Chesapeake Utilities' stock is currently rated between "sell" and "strong-buy", with a recent target price reduction by Barclays from $124.00 to $120.00.

Chesapeake Utilities (NYSE:CPK - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $182.45 million for the quarter.

Chesapeake Utilities (NYSE:CPK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The utilities provider reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.28 by ($0.06). The business had revenue of $298.70 million for the quarter, compared to the consensus estimate of $248.45 million. Chesapeake Utilities had a return on equity of 9.19% and a net margin of 14.69%. Chesapeake Utilities's revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.10 earnings per share. On average, analysts expect Chesapeake Utilities to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Chesapeake Utilities Stock Up 0.9%

Shares of NYSE CPK traded up $1.04 during trading hours on Monday, hitting $120.54. The company had a trading volume of 11,831 shares, compared to its average volume of 115,120. The firm's 50 day moving average is $121.39 and its 200-day moving average is $124.83. Chesapeake Utilities has a 1-year low of $111.00 and a 1-year high of $136.73. The stock has a market capitalization of $2.81 billion, a P/E ratio of 22.28 and a beta of 0.66. The company has a quick ratio of 0.40, a current ratio of 0.46 and a debt-to-equity ratio of 0.87.

Chesapeake Utilities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 7th. Investors of record on Monday, June 16th were given a $0.685 dividend. The ex-dividend date was Monday, June 16th. This is an increase from Chesapeake Utilities's previous quarterly dividend of $0.64. This represents a $2.74 dividend on an annualized basis and a dividend yield of 2.3%. Chesapeake Utilities's dividend payout ratio (DPR) is 50.65%.

Wall Street Analysts Forecast Growth

CPK has been the topic of several research reports. LADENBURG THALM/SH SH upgraded Chesapeake Utilities to a "strong-buy" rating in a report on Friday, May 9th. Barclays decreased their price objective on Chesapeake Utilities from $124.00 to $120.00 and set an "equal weight" rating for the company in a report on Tuesday, July 22nd. Finally, Wall Street Zen downgraded Chesapeake Utilities from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st.

Institutional Trading of Chesapeake Utilities

A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its stake in shares of Chesapeake Utilities by 292.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the utilities provider's stock valued at $28,000 after purchasing an additional 164 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Chesapeake Utilities by 24.2% in the 1st quarter. Intech Investment Management LLC now owns 10,866 shares of the utilities provider's stock worth $1,396,000 after purchasing an additional 2,120 shares in the last quarter. Jane Street Group LLC lifted its position in Chesapeake Utilities by 1,714.7% during the 1st quarter. Jane Street Group LLC now owns 47,328 shares of the utilities provider's stock worth $6,078,000 after acquiring an additional 44,720 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Chesapeake Utilities by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,096 shares of the utilities provider's stock valued at $10,158,000 after buying an additional 2,312 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Chesapeake Utilities by 6.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,452 shares of the utilities provider's stock valued at $1,728,000 after purchasing an additional 870 shares in the last quarter. Hedge funds and other institutional investors own 83.11% of the company's stock.

About Chesapeake Utilities

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida.