Chesapeake Utilities (NYSE:CPK) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance is $7.75–$8.00, above the analyst consensus estimate of $6.50.
• In its latest quarter, Chesapeake Utilities reported EPS of $0.89, below the $0.93 consensus, while revenue of $195.8 million topped estimates and rose 9% year over year.
• Analysts have a consensus “Moderate Buy” rating and a $142.50 price target. The company also announced a quarterly dividend of $0.735 per share, equivalent to a 2.1% annual yield.

Chesapeake Utilities (NYSE:CPK - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 7.750-8.000 for the period, compared to the consensus earnings per share estimate of 6.500.

Analyst Ratings Changes

Several brokerages have recently commented on CPK. Wells Fargo & Company set a $136.00 price objective on shares of Chesapeake Utilities and gave the company an "equal weight" rating in a research note on Wednesday, September 30th. Huntington started coverage on shares of Chesapeake Utilities in a research note on Monday, September 14th. They issued an "outperform" rating and a $150.00 price target for the company. Weiss Ratings upgraded Chesapeake Utilities from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, October 21st. Mizuho set a $150.00 target price on Chesapeake Utilities and gave the stock an "outperform" rating in a research report on Friday, September 11th. Finally, Barclays set a $134.00 target price on shares of Chesapeake Utilities and gave the stock an "equal weight" rating in a research report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $142.50.

Chesapeake Utilities Stock Down 1.5%

Shares of CPK traded down $2.10 on Friday, hitting $139.59. 104,627 shares of the stock traded hands, compared to its average volume of 161,388. Chesapeake Utilities has a one year low of $118.88 and a one year high of $145.54. The company has a market capitalization of $3.37 billion, a PE ratio of 22.26 and a beta of 0.62. The business has a 50 day simple moving average of $131.45 and a 200 day simple moving average of $129.52. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.28 and a current ratio of 0.32.

Chesapeake Utilities (NYSE:CPK - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.04). The business had revenue of $195.80 million during the quarter, compared to the consensus estimate of $193.31 million. Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The business's revenue was up 9.0% compared to the same quarter last year. During the same period last year, the company posted $0.82 earnings per share. As a group, equities analysts forecast that Chesapeake Utilities will post 6.40 earnings per share for the current fiscal year.

Chesapeake Utilities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Tuesday, December 15th will be given a dividend of $0.7350 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $2.94 annualized dividend and a dividend yield of 2.1%. Chesapeake Utilities's dividend payout ratio (DPR) is 46.89%.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation is an energy delivery company that provides natural gas, propane, electricity and related services to residential, commercial, industrial and institutional customers. Its operations include regulated utility businesses as well as unregulated energy and infrastructure activities.

The company distributes natural gas and electricity, transports natural gas through pipeline systems, and supplies propane and other fuels. It also develops and operates energy infrastructure and provides renewable natural gas and other energy solutions through its portfolio of operating subsidiaries.

Founded in 1859, Chesapeake Utilities serves customers primarily in Delaware, Maryland, Pennsylvania, Virginia, Florida and Ohio.

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