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Chesapeake Utilities Stock Price, News & Analysis (NYSE:CPK)

$101.07
+0.52 (+0.52%)
(As of 12:27 PM ET)
Compare
Today's Range
$99.88
$101.49
50-Day Range
$86.77
$100.89
52-Week Range
$83.79
$132.91
Volume
38,145 shs
Average Volume
108,068 shs
Market Capitalization
$1.80 billion
P/E Ratio
20.46
Dividend Yield
2.34%
Price Target
$104.00

Chesapeake Utilities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
3.5% Upside
$104.00 Price Target
Short Interest
Healthy
2.03% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.59
Upright™ Environmental Score
News Sentiment
0.37mentions of Chesapeake Utilities in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.53%
From $5.18 to $5.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Utilities Sector

55th out of 85 stocks

Gas Transmission & Distribution Industry

2nd out of 4 stocks


CPK stock logo

About Chesapeake Utilities Stock (NYSE:CPK)

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. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region, North Carolina, South Carolina, and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States; and project development activities. This segment is also involved in the provision of other unregulated services, such as energy-related merchandise sale and heating, ventilation and air conditioning, and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.

CPK Stock Price History

CPK Stock News Headlines

Chesapeake Utilities (NYSE:CPK) Lowered to "Sell" at StockNews.com
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Wells Fargo Reaffirms Their Hold Rating on Chesapeake Utilities (CPK)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
NextEra Energy Stock Continues To Fall: What's Going On?
NextEra (NEE) to Sell Natural Gas Assets, Reaffirms Outlook
NextEra Energy to sell Florida City Gas for $923 million
Fortis (FTS) Unveils Capital Outlook, Ups Annual Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 10/5 Dividend
9/14/2023
Dividend Payable
10/05/2023
Last Earnings
11/02/2023
Today
12/07/2023
Ex-Dividend for 1/5 Dividend
12/14/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/05/2024
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Gas transmission & distribution
Sub-Industry
Gas Utilities
Sector
Utilities
CUSIP
16530310
Employees
1,034
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$104.00
High Stock Price Target
$117.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+3.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$89.80 million
Pretax Margin
17.82%

Debt

Sales & Book Value

Annual Sales
$680.70 million
Cash Flow
$9.71 per share
Book Value
$46.94 per share

Miscellaneous

Free Float
17,320,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
0.61
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Key Executives

  • Mr. Jeffry M. Householder (Age 65)
    President, CEO & Chairman
    Comp: $1.56M
  • Ms. Beth W. Cooper (Age 56)
    Executive VP, CFO, Treasurer & Assistant Corporate Secretary
    Comp: $664.24k
  • Mr. Jeffrey S. Sylvester (Age 53)
    Senior VP & COO
    Comp: $538.58k
  • Mr. James F. Moriarty (Age 65)
    Executive VP, General Counsel, Corporate Secretary and Chief Policy & Risk Officer
    Comp: $672.64k
  • Mr. Kevin J. Webber (Age 64)
    Senior VP & Chief Development Officer
    Comp: $493.45k
  • Mr. Michael D. Galtman (Age 48)
    Senior VP & Chief Accounting Officer
  • Mr. Vikrant A. Gadgil
    VP & Chief Information Officer
  • Ms. Danielle Mulligan
    Assistant Vice President of Communications & Marketing
  • Mr. William Hughston
    VP & Chief Human Resources Officer
  • Ms. Cheryl M. Martin
    Senior Vice President of Regulatory & External Affairs














CPK Stock Analysis - Frequently Asked Questions

Should I buy or sell Chesapeake Utilities stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CPK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPK, but not buy additional shares or sell existing shares.
View CPK analyst ratings
or view top-rated stocks.

What is Chesapeake Utilities' stock price target for 2024?

4 analysts have issued 1-year target prices for Chesapeake Utilities' stock. Their CPK share price targets range from $99.00 to $117.00. On average, they anticipate the company's share price to reach $104.00 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for CPK
or view top-rated stocks among Wall Street analysts.

How have CPK shares performed in 2023?

Chesapeake Utilities' stock was trading at $118.18 at the start of the year. Since then, CPK shares have decreased by 14.9% and is now trading at $100.53.
View the best growth stocks for 2023 here
.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a increase in short interest in October. As of October 31st, there was short interest totaling 367,900 shares, an increase of 90.2% from the October 15th total of 193,400 shares. Based on an average trading volume of 89,300 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.1% of the shares of the stock are short sold.
View Chesapeake Utilities' Short Interest
.

When is Chesapeake Utilities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our CPK earnings forecast
.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) released its quarterly earnings data on Thursday, November, 2nd. The utilities provider reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.09. The utilities provider earned $131.55 million during the quarter, compared to analyst estimates of $128.10 million. Chesapeake Utilities had a trailing twelve-month return on equity of 10.62% and a net margin of 13.09%.

How often does Chesapeake Utilities pay dividends? What is the dividend yield for Chesapeake Utilities?

Chesapeake Utilities declared a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, December 15th will be given a dividend of $0.59 per share on Friday, January 5th. This represents a $2.36 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for CPK
.

Is Chesapeake Utilities a good dividend stock?

Chesapeake Utilities (NYSE:CPK) pays an annual dividend of $2.36 per share and currently has a dividend yield of 2.38%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPK will have a dividend payout ratio of 42.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPK.

When did Chesapeake Utilities' stock split?

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

What guidance has Chesapeake Utilities issued on next quarter's earnings?

Chesapeake Utilities updated its FY 2028 earnings guidance on Wednesday, September, 27th. The company provided EPS guidance of $7.75-$8.00 for the period. The company issued revenue guidance of -.

What other stocks do shareholders of Chesapeake Utilities own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chesapeake Utilities investors own include AbbVie (ABBV), Consolidated Edison (ED), Enterprise Products Partners (EPD), AT&T (T), Verizon Communications (VZ), Dominion Energy (D), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Exxon Mobil (XOM) and Chevron (CVX).

Who are Chesapeake Utilities' major shareholders?

Chesapeake Utilities' stock is owned by a number of retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (3.03%), Bank of New York Mellon Corp (2.08%), JPMorgan Chase & Co. (1.57%), Northern Trust Corp (1.42%), Morgan Stanley (1.14%) and Charles Schwab Investment Management Inc. (1.09%). Insiders that own company stock include Jeffery S Sylvester, Jeffry M Householder, John R Schimkaitis, John R Schimkaitis, Kevin J Webber, Lila A Jaber and Thomas P Hill Jr.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CPK) was last updated on 12/7/2023 by MarketBeat.com Staff

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