FY2025 EPS Forecast for Chesapeake Energy Lifted by Analyst

Chesapeake Energy Corporation (NASDAQ:EXE - Free Report) - Stock analysts at Capital One Financial raised their FY2025 earnings per share (EPS) estimates for Chesapeake Energy in a research note issued on Friday, May 2nd. Capital One Financial analyst P. Johnston now anticipates that the company will earn $10.26 per share for the year, up from their previous forecast of $9.97. The consensus estimate for Chesapeake Energy's current full-year earnings is $1.33 per share.

A number of other brokerages have also commented on EXE. Wells Fargo & Company upped their target price on Chesapeake Energy from $107.00 to $112.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 2nd. Citigroup increased their price objective on shares of Chesapeake Energy from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Mizuho boosted their target price on shares of Chesapeake Energy from $132.00 to $136.00 and gave the company an "outperform" rating in a research report on Tuesday, April 1st. Piper Sandler increased their price target on Chesapeake Energy from $101.00 to $103.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 22nd. Finally, Morgan Stanley boosted their price objective on Chesapeake Energy from $137.00 to $154.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $123.22.

Chesapeake Energy Stock Up 1.7 %

EXE stock traded up $1.80 on Monday, hitting $110.31. 2,500,763 shares of the company's stock were exchanged, compared to its average volume of 3,501,500. The firm has a 50 day moving average price of $104.63 and a two-hundred day moving average price of $100.67. Chesapeake Energy has a 12-month low of $81.66 and a 12-month high of $114.03. The stock has a market cap of $26.25 billion, a P/E ratio of 68.09 and a beta of 0.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00.

Chesapeake Energy (NASDAQ:EXE - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.17. Chesapeake Energy had a net margin of 6.07% and a return on equity of 2.74%. The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.10 billion.

Hedge Funds Weigh In On Chesapeake Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. Massachusetts Financial Services Co. MA acquired a new stake in Chesapeake Energy in the 1st quarter valued at about $518,328,000. Bank of New York Mellon Corp acquired a new stake in shares of Chesapeake Energy in the first quarter valued at approximately $326,670,000. Vaughan Nelson Investment Management L.P. acquired a new position in Chesapeake Energy during the first quarter worth $127,038,000. Stephens Investment Management Group LLC purchased a new stake in Chesapeake Energy in the 1st quarter valued at $108,048,000. Finally, Ninepoint Partners LP acquired a new stake in shares of Chesapeake Energy in the 1st quarter worth $89,056,000. 97.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Domenic J. Dell'osso, Jr. acquired 2,500 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were bought at an average price of $99.50 per share, for a total transaction of $248,750.00. Following the acquisition, the chief executive officer now owns 107,845 shares of the company's stock, valued at approximately $10,730,577.50. This trade represents a 2.37 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 58.00% of the stock is currently owned by insiders.

Chesapeake Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be paid a $0.575 dividend. This represents a $2.30 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, May 15th. Chesapeake Energy's dividend payout ratio is presently -42.91%.

About Chesapeake Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.