Chesapeake Utilities (CPK) Stock Price, News & Analysis

Company Overview

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S. markets.

In the natural gas segment, Chesapeake Utilities serves more than 179,000 customers through regulated distribution utilities in Delaware, Maryland, Virginia and Florida. These operations include both local distribution companies and transmission pipelines, providing a full suite of services from initial connection to ongoing maintenance. The propane business arm—composed of retail distribution and wholesale marketing divisions—leverages a network of service centers to supply propane for heating, agriculture, commercial and industrial uses in select Eastern and Mid-Atlantic states.

Beyond its core energy delivery services, Chesapeake Utilities has expanded into midstream natural gas services, including processing, transportation and storage. These operations support third-party producers and marketers, enhancing the company’s overall service offering by providing access to regional and interstate pipelines. The integrated nature of these businesses enables Chesapeake Utilities to optimize supply logistics and cost efficiency while maintaining regulatory compliance and high safety standards.

Founded in the mid-19th century with the establishment of Smyrna Gas Light Company, Chesapeake Utilities has grown through strategic acquisitions and organic expansion. The company’s leadership team combines deep industry expertise in utility regulation, engineering and customer service, guiding a workforce committed to community engagement and environmental stewardship. Headquartered in Dover, Chesapeake Utilities remains focused on long-term growth and maintaining its reputation as a dependable energy partner for its customers and stakeholders.

Key Stats

• Today's Range: $122.57 to $124.10
• 50-Day Range: $119.36 to $127.36
• 52-Week Range: $115.12 to $136.73
• Volume: 75,244 shs
• Average Volume: 113,644 shs
• Market Capitalization: $2.89 billion
• P/E Ratio: 21.90
• Dividend Yield: 2.23%
• Price Target: $124.50
• Consensus Rating: Moderate Buy

Chesapeake Utilities Stock Analysis - MarketRank™

Chesapeake Utilities scored higher than 81% of companies evaluated by MarketBeat, and ranked 32nd out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chesapeake Utilities has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chesapeake Utilities has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.96%

Earnings Growth

Earnings for Chesapeake Utilities are expected to grow by 15.96% in the coming year, from $5.39 to $6.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chesapeake Utilities is 21.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chesapeake Utilities is 21.89, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 51.12.

Price to Book Value per Share Ratio

Chesapeake Utilities has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.34% of the outstanding shares of Chesapeake Utilities have been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Utilities has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Chesapeake Utilities has recently increased by 4.20%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Chesapeake Utilities pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chesapeake Utilities has been increasing its dividend for 22 years.

Dividend Coverage

The dividend payout ratio of Chesapeake Utilities is 48.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 43.84% next year. This indicates that Chesapeake Utilities will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -9.24

Percentage of Shares Shorted

2.34% of the outstanding shares of Chesapeake Utilities have been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Utilities has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Chesapeake Utilities has recently increased by 4.20%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.22

News Sentiment

Chesapeake Utilities has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Chesapeake Utilities this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for CPK on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chesapeake Utilities insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.51% of the stock of Chesapeake Utilities is held by insiders.

Percentage Held by Institutions

83.11% of the stock of Chesapeake Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPK Stock Analysis - Frequently Asked Questions

How have CPK shares performed this year?

Chesapeake Utilities' stock was trading at $121.35 at the beginning of 2025. Since then, CPK stock has increased by 1.2% and is now trading at $122.7750.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Corporation (NYSE:CPK) released its quarterly earnings data on Thursday, August, 7th. The utilities provider reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.04. Chesapeake Utilities's quarterly revenue was up 15.9% compared to the same quarter last year.
Read the conference call transcript.

When did Chesapeake Utilities' stock split?

Chesapeake Utilities's stock split on the morning of Tuesday, September 9th 2014.The 3-2 split was announced on Wednesday, July 2nd 2014. The newly minted shares were distributed to shareholders after the market closes on Monday, September 8th 2014. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Chesapeake Utilities' major shareholders?

Top institutional shareholders of Chesapeake Utilities include State Street Corp (5.34%), Invesco Ltd. (2.44%), Geode Capital Management LLC (2.34%) and Jennison Associates LLC (2.32%). Insiders that own company stock include John R Schimkaitis, Jeffry M Householder, Thomas P Hill Jr, Paul L Maddock Jr, Jeffery S Sylvester, Kevin J Webber and Lila A Jaber.
View institutional ownership trends.

How do I buy shares of Chesapeake Utilities?

Shares of CPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Chesapeake Utilities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chesapeake Utilities investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 7/7 Dividend: 6/16/2025
• Ex-Dividend for 7/7 Dividend: 6/16/2025
• Dividend Payable: 7/07/2025
• Last Earnings: 8/07/2025
• Today: 9/03/2025
• Record date for 10/6 Dividend: 9/15/2025
• Ex-Dividend for 10/6 Dividend: 9/15/2025
• Dividend Payable: 10/06/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - GAS DISTR
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:CPK
• CIK: 19745
• Web: www.chpk.com
• Phone: (302) 734-6799
• Fax: 302-734-6750
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Chesapeake Utilities: $124.50
• High Price Target: $129.00
• Low Price Target: $120.00
• Potential Upside/Downside: +1.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.61
• Trailing P/E Ratio: 21.97
• Forward P/E Ratio: 22.87
• P/E Growth: N/A
• Net Income: $118.60 million
• Net Margins: 14.89%
• Pretax Margin: 20.33%
• Return on Equity: 9.20%
• Return on Assets: 3.62%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 0.42
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $787.20 million
• Price / Sales: 3.69
• Cash Flow: $8.89 per share
• Price / Cash Flow: 13.87
• Book Value: $63.67 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 23,540,000
• Free Float: 23,188,000
• Market Cap: $2.90 billion
• Optionable: Optionable
• Beta: 0.70