Chesapeake Utilities (CPK) Projected to Post Quarterly Earnings on Wednesday

Chesapeake Utilities (NYSE:CPK - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Chesapeake Utilities to post earnings of $2.33 per share and revenue of $248.45 million for the quarter. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.000 EPS and its FY 2025 guidance at 6.150-6.350 EPS.

Chesapeake Utilities (NYSE:CPK - Get Free Report) last issued its earnings results on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.67 by ($0.04). Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. The firm had revenue of $215.00 million for the quarter, compared to the consensus estimate of $237.84 million. During the same period last year, the firm earned $1.64 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 0.7 %

Shares of CPK traded up $0.88 during midday trading on Friday, reaching $133.00. 90,472 shares of the stock were exchanged, compared to its average volume of 103,912. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87. The company's 50 day moving average is $129.12 and its two-hundred day moving average is $125.57. The company has a market capitalization of $3.06 billion, a P/E ratio of 26.98 and a beta of 0.66. Chesapeake Utilities has a 52 week low of $102.64 and a 52 week high of $136.73.

Chesapeake Utilities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, March 14th were given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Friday, March 14th. Chesapeake Utilities's dividend payout ratio (DPR) is 48.58%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CPK shares. Barclays cut their price objective on shares of Chesapeake Utilities from $125.00 to $124.00 and set an "equal weight" rating on the stock in a report on Tuesday. StockNews.com lowered Chesapeake Utilities from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd. Finally, LADENBURG THALM/SH SH upgraded Chesapeake Utilities to a "strong-buy" rating in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $122.67.

Chesapeake Utilities Company Profile

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.