Chesapeake Utilities Corporation Company Profile (NYSE:CPK)

About Chesapeake Utilities Corporation

Chesapeake Utilities Corporation logoChesapeake Utilities Corporation (Chesapeake) is an energy company. The Company, through its operating divisions and subsidiaries, is engaged in regulated and unregulated energy businesses. It provides natural gas distribution and transmission, natural gas supply, gathering and processing, electric distribution and propane distribution service. It operates through two segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment includes its natural gas distribution, natural gas transmission and electric distribution operations. The Unregulated Energy segment includes its propane distribution, propane wholesale marketing, natural gas marketing and natural gas supply, gathering and processing services, which are unregulated as to their rates and services. Also included in the Unregulated Energy segment are other unregulated energy services, such as energy-related merchandise sales and heating, ventilation and air conditioning plumbing and electrical services.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: CPK
  • CUSIP: 16530310
Key Metrics:
  • Previous Close: $67.40
  • 50 Day Moving Average: $65.23
  • 200 Day Moving Average: $64.17
  • 52-Week Range: $56.10 - $70.00
  • Trailing P/E Ratio: 25.20
  • Foreward P/E Ratio: 21.35
  • P/E Growth: 4.05
  • Market Cap: $1.11B
  • Outstanding Shares: 16,301,000
  • Beta: 0.2
Profitability:
  • Net Margins: 8.98%
  • Return on Equity: 11.34%
  • Return on Assets: 4.00%
Debt:
  • Debt-to-Equity Ratio: 0.33%
  • Current Ratio: 0.39%
  • Quick Ratio: 0.36%
Additional Links:
Companies Related to Chesapeake Utilities Corporation:

Analyst Ratings

Consensus Ratings for Chesapeake Utilities Corporation (NYSE:CPK) (?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $68.75 (0.95% upside)

Analysts' Ratings History for Chesapeake Utilities Corporation (NYSE:CPK)
Show:
DateFirmActionRatingPrice TargetDetails
12/9/2016Ladenburg Thalmann Financial ServicesInitiated CoverageNeutral$67.00View Rating Details
12/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$65.00View Rating Details
11/29/2016Wells Fargo & CoInitiated CoverageMarket PerformView Rating Details
8/8/2016Janney Montgomery ScottUpgradeNeutral -> Buy$59.00 -> $71.00View Rating Details
6/24/2016Hilliard LyonsUpgradeNeutral -> Buy$72.00View Rating Details
6/22/2016BB&T Co.Initiated CoverageHoldView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldView Rating Details
3/2/2016Robert W. BairdDowngradeOutperform -> NeutralView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Chesapeake Utilities Corporation (NYSE:CPK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.72$116.70 millionN/AView Earnings Details
11/3/2016Q316$0.40$0.29$100.70 million$108.35 millionViewN/AView Earnings Details
8/4/2016Q216$0.49$0.52$98.90 million$102.30 millionViewN/AView Earnings Details
5/4/2016Q116$1.50$1.33$183.20 million$146.30 millionViewN/AView Earnings Details
2/25/2016Q415$0.71$0.56$123.82 million$104.60 millionViewListenView Earnings Details
11/5/2015Q315$0.28$0.33$96.01 million$91.91 millionViewN/AView Earnings Details
8/6/2015Q215$0.38$0.35$110.80 million$92.70 millionViewN/AView Earnings Details
5/6/2015Q115$1.10$1.44$161.70 million$170.10 millionViewN/AView Earnings Details
3/5/2015Q4$0.66$0.68ViewN/AView Earnings Details
11/6/2014Q314$0.25$0.22$93.40 million$91.60 millionViewN/AView Earnings Details
8/7/2014Q214$0.48$0.53$102.90 million$100.50 millionViewN/AView Earnings Details
5/6/2014Q114$1.56$1.82$147.40 million$186.34 millionViewN/AView Earnings Details
3/6/2014Q413$0.99$1.00$109.52 million$122.89 millionViewN/AView Earnings Details
11/7/2013Q313$0.40$0.40$74.50 million$86.55 millionViewN/AView Earnings Details
8/9/2013Q2 2013$0.57$0.45$86.82 million$94.15 millionViewN/AView Earnings Details
5/2/2013Q1 2013$1.35$1.54$131.78 million$140.73 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.87$1.02$108.80 million$109.52 millionViewN/AView Earnings Details
11/7/2012Q312$0.24$0.33$86.35 million$78.18 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chesapeake Utilities Corporation (NYSE:CPK)
Current Year EPS Consensus Estimate: $2.87 EPS
Next Year EPS Consensus Estimate: $3.19 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$1.40$1.40$1.40
Q2 20161$0.40$0.40$0.40
Q3 20161$0.37$0.37$0.37
Q4 20161$0.68$0.68$0.68
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Chesapeake Utilities Corporation (NYSE:CPK)
Annual Dividend:$1.22
Dividend Yield:1.79%
Dividend Growth:5.80% (3 Year Average)
Payout Ratio:45.19% (Based on Trailing 12 Months of Earnings)
42.51% (Based on Current Year Consensus EPS Estimate)
38.24% (Based on Next Year Consensus EPS Estimate)
Track Record:13 Years of Consecutive Dividend Growth

Dividend History for Chesapeake Utilities Corporation (NYSE:CPK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2016quarterly$0.312.02%12/13/201612/15/20161/5/2017
8/4/2016quarterly$0.311.93%9/13/20169/15/201610/5/2016
5/5/2016quarterly$0.311.97%6/13/20166/15/20167/5/2016
2/24/2016quarterly$0.291.78%3/11/20163/15/20164/5/2016
11/5/2015quarterly$0.292.2%12/11/201512/15/20151/5/2016
8/6/2015quarterly$0.292.39%9/11/20159/15/201510/5/2015
5/7/2015quarterly$0.292.36%6/11/20156/15/20157/6/2015
3/6/2015quarterly$0.272.37%3/13/20153/17/20154/6/2015
11/6/2014quarterly$0.272.29%12/11/201412/15/20141/5/2015
8/6/2014quarterly$0.271.66%9/11/20149/15/201410/6/2014
5/6/2014quarterly$0.412.57%6/12/20146/16/20147/7/2014
3/5/2014quarterly$0.392.59%3/13/20143/17/20144/7/2014
11/5/2013quarterly$0.392.72%12/12/201312/16/20131/6/2014
8/7/2013quarterly$0.392.6%9/11/20139/13/201310/7/2013
5/2/2013quarterly$0.392.84%6/13/20136/17/20137/5/2013
3/6/2013quarterly$0.373%3/18/20133/20/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Chesapeake Utilities Corporation (NYSE:CPK)
Insider Ownership Percentage: 5.36%
Institutional Ownership Percentage: 56.97%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/27/2016John R. SchimkaitisInsiderSell500$67.59$33,795.00View SEC Filing  
9/26/2016John R. SchimkaitisInsiderSell500$62.62$31,310.00View SEC Filing  
6/27/2016John R. SchimkaitisInsiderSell500$63.03$31,515.00View SEC Filing  
3/28/2016John R SchimkaitisInsiderSell500$61.25$30,625.00View SEC Filing  
3/7/2016Elaine B BittnerVPBuy17$59.96$1,019.32View SEC Filing  
3/3/2016Thomas P Hill JrDirectorBuy1,000$57.20$57,200.00View SEC Filing  
12/28/2015John R SchimkaitisChairmanSell500$57.85$28,925.00View SEC Filing  
12/18/2015Ralph J AdkinsChairmanSell1,000$53.92$53,920.00View SEC Filing  
11/16/2015Ralph J. AdkinsChairmanSell1,000$51.71$51,710.00View SEC Filing  
3/18/2015Ralph J AdkinsChairmanSell3,200$48.61$155,552.00View SEC Filing  
5/15/2014Thomas Hill, Jr.DirectorBuy1,000$64.05$64,050.00View SEC Filing  
5/12/2014Ralph AdkinsChairmanSell1,500$64.50$96,750.00View SEC Filing  
6/17/2013Thomas P Hill JrDirectorBuy1,500$52.22$78,330.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Chesapeake Utilities Corporation (NYSE:CPK)
DateHeadline
finance.yahoo.com logoChesapeake Utilities Corporation Announces Quarterly Dividend (NYSE:CPK)
finance.yahoo.com - February 24 at 4:54 PM
finance.yahoo.com logoChesapeake Utilities Corporation Initiates Natural Gas Service in Ocean City, Maryland (NYSE:CPK)
finance.yahoo.com - February 23 at 9:26 PM
finance.yahoo.com logoValuations Soar As Markets Rally: S&P's Highest Forward P/E Ratio Since 2004 (NYSE:CPK)
finance.yahoo.com - February 21 at 4:40 PM
capitalcube.com logoChesapeake Utilities Corp. : CPK-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:CPK)
www.capitalcube.com - January 31 at 4:58 PM
finance.yahoo.com logoChesapeake Utilities Corporation To Host Conference Call To Review 2016 Financial Results (NYSE:CPK)
finance.yahoo.com - January 24 at 5:01 PM
News IconWhat are analysts Suggestions on: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
seputarkita.info - January 21 at 9:31 PM
News IconBrokerages Set Chesapeake Utilities Corp. (CPK) Price Target at $68.75 (NYSE:CPK)
vgtoday.net - January 21 at 9:31 PM
News IconEPS Estimates Revision Screen: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
mjbstar.com - January 19 at 10:48 PM
capitalcube.com logoChesapeake Utilities Corp. – Value Analysis (NYSE:CPK) : January 11, 2017 (NYSE:CPK)
www.capitalcube.com - January 11 at 4:54 PM
capitalcube.com logoChesapeake Utilities Corp. breached its 50 day moving average in a Bearish Manner : CPK-US : January 10, 2017 (NYSE:CPK)
www.capitalcube.com - January 10 at 5:09 PM
News IconTraders Targeted Mover: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
myhealthbowl.com - December 28 at 12:10 PM
News IconChesapeake Energy Corp.'s (CHK) Buy Rating Reaffirmed at KLR Group (NYSE:CPK)
vouxmagazine.com - December 28 at 12:10 PM
News IconChesapeake Utilities Corporation (NYSE:CPK) Reviewed By Analysts (NYSE:CPK)
flapship.com - December 28 at 12:10 PM
finance.yahoo.com logoChesapeake Utilities Corporation's Combined Heat And Power (CHP) Plant Named "Best CHP Project Of The Year" (NYSE:CPK)
finance.yahoo.com - December 21 at 5:11 PM
News IconThe Chesapeake Utilities Corp. (CPK) to Release Quarterly Earnings on Friday (NYSE:CPK)
flapship.com - December 20 at 10:05 PM
News IconChesapeake Energy Corporation (NYSE:CHK) Drills Deeper for Profit (NYSE:CPK)
flapship.com - December 20 at 5:04 PM
News IconThe Growth Forecast For Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
mjbstar.com - December 12 at 4:44 PM
News IconChesapeake Utilities Corp. (CPK) To Go Ex-Dividend on December 13th (NYSE:CPK)
larampadinapoli.com - December 12 at 4:43 PM
News IconOne Stock Analysts Are Watching - Chesapeake Utilities Corporation (NYSE:CPK) (NYSE:CPK)
thecelebritytruth.com - December 12 at 4:43 PM
News IconIs Chesapeake Utilities Corporation (CPK) Worthy of Your Portfolio? (NYSE:CPK)
feedproxy.google.com - December 10 at 7:31 PM
finance.yahoo.com logoElaine Bittner, Chesapeake Utilities Corporation, Receives Top International Honor As Female Executive Of The Year At 2016 Stevie® Awards For Women In Business (NYSE:CPK)
finance.yahoo.com - December 5 at 12:21 PM
News IconWhat The Charts Are Saying About Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
thecelebritytruth.com - December 3 at 4:17 PM
News IconBegins Coverage on Chesapeake Utilities Corp. (CPK) (NYSE:CPK)
avauncer.com - December 3 at 4:17 PM
us.rd.yahoo.com logoCoverage initiated on Chesapeake Utilities by Seaport Global Securities (NYSE:CPK)
us.rd.yahoo.com - December 3 at 5:37 AM
streetinsider.com logoSeaport Global Securities Starts Chesapeake Utilities (CPK) at Neutral (NYSE:CPK)
www.streetinsider.com - December 2 at 4:46 PM
marketexclusive.com logoSeaport Global Securities has upgraded the stock of Chesapeake Utilities Corp. (NYSE:CPK) (NYSE:CPK)
marketexclusive.com - December 2 at 4:46 PM
News IconComprehensive Stock Analysis of: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
canalcncarauca.com - December 1 at 4:35 PM
News IconComprehensive Stock Analysis of: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
canalcncarauca.com - December 1 at 4:35 PM
News IconChesapeake Energy Corporation (NYSE:CHK) Price Target At $11? (NYSE:CPK)
thecelebritytruth.com - December 1 at 4:35 PM
News IconChesapeake Energy Corporation (NYSE:CHK) Price Target At $11? (NYSE:CPK)
thecelebritytruth.com - December 1 at 4:35 PM
News IconNotable Runner: Will Chesapeake Utilities Corporation Run Out of Steam Soon? (NYSE:CPK)
flapship.com - December 1 at 4:35 PM
News IconNotable Runner: Will Chesapeake Utilities Corporation Run Out of Steam Soon? (NYSE:CPK)
flapship.com - December 1 at 4:35 PM
News IconChesapeake Utilities Corporation (CPK) is Initiated by Wells Fargo to Market Perform (NYSE:CPK)
celebcafe.org - December 1 at 4:35 PM
News IconChesapeake Utilities Corporation (CPK) is Initiated by Wells Fargo to Market Perform (NYSE:CPK)
celebcafe.org - December 1 at 4:35 PM
finance.yahoo.com logoNew Strong Sell Stocks for December 1st (NYSE:CPK)
finance.yahoo.com - December 1 at 4:35 PM
News IconInstagram to notify if users screenshot images, video (NYSE:CPK)
istreetresearch.com - November 30 at 9:35 PM
News IconWhat are Analysts report about: Chesapeake Energy Corporation (NYSE:CHK) (NYSE:CPK)
crcconnection.com - November 30 at 9:44 AM
finance.yahoo.com logoCoverage initiated on Chesapeake Utilities by Wells Fargo (NYSE:CPK)
finance.yahoo.com - November 30 at 9:44 AM
finance.yahoo.com logoChesapeake Utilities Corporation Employees Partner with Local Organizations to Supply Families with Thanksgiving Meals (NYSE:CPK)
finance.yahoo.com - November 23 at 1:01 PM
streetinsider.com logoChesapeake Utilities' (CPK) Sandpiper Energy Enters Settlement Agreement with Maryland PSC (NYSE:CPK)
www.streetinsider.com - November 16 at 10:03 PM
finance.yahoo.com logoSandpiper Energy Agrees to a Multi-Year Rate Reduction for Customers, New Service Offerings (NYSE:CPK)
finance.yahoo.com - November 16 at 10:03 PM
finance.yahoo.com logo5:00 pm Chesapeake Utilities' Sandpiper Energy agrees to a multi-year rate reduction for Maryland customers (NYSE:CPK)
finance.yahoo.com - November 16 at 10:03 PM
publicnow.com logoChesapeake Utilities Corporation Joins Utility Industry to Protect Customers from Scammers (NYSE:CPK)
www.publicnow.com - November 15 at 10:38 PM
capitalcube.com logoETFs with exposure to Chesapeake Utilities Corp. : November 15, 2016 (NYSE:CPK)
www.capitalcube.com - November 15 at 4:40 PM
capitalcube.com logoChesapeake Utilities Corp. breached its 50 day moving average in a Bullish Manner : CPK-US : November 14, 2016 (NYSE:CPK)
www.capitalcube.com - November 14 at 4:32 PM
nasdaq.com logoChesapeake Utilities (CPK) Shares Cross Above 200 DMA (NYSE:CPK)
www.nasdaq.com - November 11 at 9:05 PM
News IconChesapeake Utilities Corp. (CPK) Given Consensus Recommendation of "Hold" by Analysts (NYSE:CPK)
leglobaliste.com - November 8 at 12:32 PM
finance.yahoo.com logoEdited Transcript of CPK earnings conference call or presentation 4-Nov-16 2:30pm GMT (NYSE:CPK)
finance.yahoo.com - November 5 at 11:26 AM
publicnow.com logoCHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER RESULTS (NYSE:CPK)
www.publicnow.com - November 4 at 1:53 PM
zacks.com logoChesapeake Utilities (CPK) Misses Q3 Earnings Estimates (NYSE:CPK)
www.zacks.com - November 3 at 3:51 PM

Social

What is Chesapeake Utilities Corporation's stock symbol?

Chesapeake Utilities Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPK."

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

Chesapeake Utilities Corporation declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 15th will be paid a dividend of $0.305 per share on Thursday, January 5th. This represents a $1.22 annualized dividend and a yield of 1.79%. The ex-dividend date is Tuesday, December 13th.

When did Chesapeake Utilities Corporation's stock split? How did Chesapeake Utilities Corporation's stock split work?

Chesapeake Utilities Corporation's stock 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 market closes on Monday, September 8th 2014. An investor that had 100 shares of Chesapeake Utilities Corporation stock prior to the split would have 150 shares after the split.

Where is Chesapeake Utilities Corporation's stock going? Where will Chesapeake Utilities Corporation's stock price be in 2017?

8 brokerages have issued 1 year target prices for Chesapeake Utilities Corporation's stock. Their forecasts range from $65.00 to $72.00. On average, they expect Chesapeake Utilities Corporation's share price to reach $68.75 in the next year.

When will Chesapeake Utilities Corporation announce their earnings?

Chesapeake Utilities Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

What are analysts saying about Chesapeake Utilities Corporation stock?

Here are some recent quotes from research analysts about Chesapeake Utilities Corporation stock:

  • According to Zacks Investment Research, "Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission, propane distribution and marketing, advanced information services and other related businesses.Chesapeake's three natural gas distribution divisions serve residential, commercial and industrial customers in southern Delaware, Maryland's Eastern Shore and Florida. The Company's natural gas transmission subsidiary operates an interstate pipeline system that transports gas from various points in Pennsylvania to Delaware and Maryland distribution divisions. " (1/10/2017)

  • Janney Montgomery Scott analysts commented, "While valuation drives ratings and Fair Value estimates, we feel it relevant to highlight that the positive forward outlook is strengthened by our belief that projects of size are likely to occur in the coming years as Marcellus Shale gas finds its way south in a more pronounced way to CPK's geographic footprint," (8/8/2016)

Who owns Chesapeake Utilities Corporation stock?

Chesapeake Utilities Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Energy Income Partners LLC (3.16%), Dimensional Fund Advisors LP (3.15%), State Street Corp (1.89%), William Blair Investment Management LLC (1.46%), Renaissance Technologies LLC (1.36%) and Gabelli Funds LLC (0.73%). Company insiders that own Chesapeake Utilities Corporation stock include Elaine B Bittner, John R Schimkaitis, Ralph J Adkins and Thomas P Hill Jr.

Who sold Chesapeake Utilities Corporation stock? Who is selling Chesapeake Utilities Corporation stock?

Chesapeake Utilities Corporation's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, AQR Capital Management LLC, Cortina Asset Management LLC, Asset Management One Co. Ltd., Gamco Investors INC. ET AL, Guggenheim Capital LLC and Metropolitan Life Insurance Co. NY.

Who bought Chesapeake Utilities Corporation stock? Who is buying Chesapeake Utilities Corporation stock?

Chesapeake Utilities Corporation's stock was bought by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Russell Investments Group Ltd., Cutter & CO Brokerage Inc., William Blair Investment Management LLC, State Street Corp, Dimensional Fund Advisors LP, Summit Global Investments and Sapphire Star Partners LP. Company insiders that have bought Chesapeake Utilities Corporation stock in the last two years include Elaine B Bittner and Thomas P Hill Jr.

How do I buy Chesapeake Utilities Corporation stock?

Shares of Chesapeake Utilities Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Chesapeake Utilities Corporation stock cost?

One share of Chesapeake Utilities Corporation stock can currently be purchased for approximately $68.10.

Chesapeake Utilities Corporation (NYSE:CPK) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Chesapeake Utilities Corporation (NYSE:CPK)

Earnings History Chart

Earnings by Quarter for Chesapeake Utilities Corporation (NYSE:CPK)

Dividend History Chart

Dividend Payments by Quarter for Chesapeake Utilities Corporation (NYSE:CPK)

Last Updated on 2/25/2017 by MarketBeat.com Staff