Chesapeake Utilities Stock Price, News & Analysis (NYSE:CPK) $101.07 +0.52 (+0.52%) (As of 12:27 PM ET) Add Compare Share Share Today's Range$99.88▼$101.4950-Day Range$86.77▼$100.8952-Week Range$83.79▼$132.91Volume38,145 shsAverage Volume108,068 shsMarket Capitalization$1.80 billionP/E Ratio20.46Dividend Yield2.34%Price Target$104.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Chesapeake Utilities MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside3.5% Upside$104.00 Price TargetShort InterestHealthy2.03% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-8.59Upright™ Environmental ScoreNews Sentiment0.37Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth7.53%From $5.18 to $5.57 Per ShareSee Full Details Hide Full Details 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 starsUtilities Sector55th out of 85 stocksGas Transmission & Distribution Industry2nd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingChesapeake Utilities has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $104.00, Chesapeake Utilities has a forecasted upside of 3.5% from its current price of $100.53.Amount of Analyst CoverageChesapeake Utilities has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.03% of the outstanding shares of Chesapeake Utilities have been sold short.Short Interest Ratio / Days to CoverChesapeake Utilities has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chesapeake Utilities has recently decreased by 1.82%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldChesapeake Utilities pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthChesapeake Utilities has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Chesapeake Utilities is 47.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 42.37% next year. This indicates that Chesapeake Utilities will be able to sustain or increase its dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChesapeake Utilities has received a -35.94% net impact score from Upright. The largest negative impact of Chesapeake Utilities in category "GHG emissions" seems to be driven mostly by its "Natural gas pipes", "Natural gas pipe maintenance", and "Natural gas transfer pump maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for Chesapeake Utilities is -8.59. Previous Next 1.9 News and Social Media Coverage News SentimentChesapeake Utilities has a news sentiment score of 0.37. 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 lower news sentiment than the 0.56 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Chesapeake Utilities this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CPK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 30 people have added Chesapeake Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of -73% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chesapeake Utilities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.68% of the stock of Chesapeake Utilities is held by insiders.Percentage Held by Institutions74.80% of the stock of Chesapeake Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chesapeake Utilities are expected to grow by 7.53% in the coming year, from $5.18 to $5.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chesapeake Utilities is 20.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Chesapeake Utilities is 20.35, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 105.50.Price to Book Value per Share RatioChesapeake Utilities has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CPK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPK Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comChesapeake Utilities (NYSE:CPK) Lowered to "Sell" at StockNews.comDecember 1, 2023 | finance.yahoo.comChesapeake Utilities Corporation Completes Acquisition of Florida City GasDecember 7, 2023 | Edge On The Street (Ad)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.December 1, 2023 | americanbankingnews.comChesapeake Utilities Co. (NYSE:CPK) Given Consensus Recommendation of "Hold" by AnalystsNovember 29, 2023 | finance.yahoo.comChesapeake Utilities Corporation to Present at Sidoti Virtual Investor Conference December 6, 2023November 27, 2023 | markets.businessinsider.comWells Fargo Reaffirms Their Hold Rating on Chesapeake Utilities (CPK)November 13, 2023 | finance.yahoo.comThe one-year underlying earnings growth at Chesapeake Utilities (NYSE:CPK) is promising, but the shareholders are still in the red over that timeNovember 9, 2023 | finance.yahoo.comChesapeake Utilities Announces Public Offering of $330 Million of Shares of Common StockDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. 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November 5, 2023 | finance.yahoo.comChesapeake Utilities Corporation (NYSE:CPK) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comCHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2023 RESULTSNovember 2, 2023 | finance.yahoo.comChesapeake Utilities Corp (CPK) Reports Q3 2023 Earnings, Adjusted EPS Rises by 28%October 31, 2023 | finance.yahoo.comChesapeake Utilities Corporation is an Industry Anchor Partner of the Infrastructure Funded Mid-Atlantic Clean Hydrogen HubOctober 19, 2023 | finance.yahoo.comChesapeake Utilities Corporation Announces $80 Million Investment to Support Growing Energy Demand on the Delmarva PeninsulaOctober 19, 2023 | finance.yahoo.comChesapeake Utilities Corporation Announces $80 Million Investment to Support Growing Energy Demand on the Delmarva PeninsulaOctober 14, 2023 | msn.comLadenburg Thalmann Initiates Coverage of Chesapeake Utilities (CPK) with Buy RecommendationOctober 12, 2023 | finance.yahoo.comChesapeake Utilities to Host its Third Quarter 2023 Earnings Conference Call and Webcast on November 3, 2023October 2, 2023 | markets.businessinsider.comNextEra Energy Stock Continues To Fall: What's Going On?October 2, 2023 | finance.yahoo.comChesapeake Utilities Corporation (NYSE:CPK) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?October 2, 2023 | markets.businessinsider.comRBC Capital Maintains Sector Perform Rating for Chesapeake Utilities: Here's What You Need To KnowSeptember 29, 2023 | markets.businessinsider.comChesapeake Utilities’ Acquisition of Florida City Gas: A Strategic Move for Growth and EfficiencySeptember 27, 2023 | finance.yahoo.comUnveiling Chesapeake Utilities (CPK)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 27, 2023 | finance.yahoo.comNextEra (NEE) to Sell Natural Gas Assets, Reaffirms OutlookSeptember 27, 2023 | finance.yahoo.comNextEra Energy to sell Florida City Gas for $923 millionSeptember 21, 2023 | finance.yahoo.comFortis (FTS) Unveils Capital Outlook, Ups Annual DividendSeptember 13, 2023 | finance.yahoo.comChesapeake Utilities Corporation Celebrates Four ARC International Awards for Excellence in Sustainability ReportingSeptember 8, 2023 | finance.yahoo.comChesapeake Utilities Corporation Participating in the NYSE Energy & Utilities Virtual Investor Access DaySee More Headlines Receive CPK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chesapeake Utilities and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/5 Dividend9/14/2023Dividend Payable10/05/2023Last Earnings11/02/2023Today12/07/2023Ex-Dividend for 1/5 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/05/2024Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gas transmission & distribution Sub-IndustryGas Utilities SectorUtilities Current SymbolNYSE:CPK CUSIP16530310 CIK19745 Webwww.chpk.com Phone(302) 734-6799Fax302-734-6750Employees1,034Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.94 Trailing P/E Ratio20.35 Forward P/E Ratio19.41 P/E GrowthN/ANet Income$89.80 million Net Margins13.09% Pretax Margin17.82% Return on Equity10.62% Return on Assets4.10% Debt Debt-to-Equity Ratio0.74 Current Ratio0.48 Quick Ratio0.39 Sales & Book Value Annual Sales$680.70 million Price / Sales2.63 Cash Flow$9.71 per share Price / Cash Flow10.35 Book Value$46.94 per share Price / Book2.14Miscellaneous Outstanding Shares17,800,000Free Float17,320,000Market Cap$1.79 billion OptionableOptionable Beta0.61 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jeffry M. Householder (Age 65)President, CEO & Chairman Comp: $1.56MMs. Beth W. Cooper (Age 56)Executive VP, CFO, Treasurer & Assistant Corporate Secretary Comp: $664.24kMr. Jeffrey S. Sylvester (Age 53)Senior VP & COO Comp: $538.58kMr. James F. Moriarty (Age 65)Executive VP, General Counsel, Corporate Secretary and Chief Policy & Risk Officer Comp: $672.64kMr. Kevin J. Webber (Age 64)Senior VP & Chief Development Officer Comp: $493.45kMr. Michael D. Galtman (Age 48)Senior VP & Chief Accounting Officer Mr. Vikrant A. GadgilVP & Chief Information OfficerMs. Danielle MulliganAssistant Vice President of Communications & MarketingMr. William HughstonVP & Chief Human Resources OfficerMs. Cheryl M. MartinSenior Vice President of Regulatory & External AffairsMore ExecutivesKey CompetitorsSouthwest GasNYSE:SWXHawaiian Electric IndustriesNYSE:HEVEONNASDAQ:VEONNorthwest NaturalNYSE:NWNMYR GroupNASDAQ:MYRGView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 5,455 shares on 12/6/2023Ownership: 0.041%American Century Companies Inc.Bought 3,297 shares on 11/30/2023Ownership: 0.079%Deutsche Bank AGSold 11,483 shares on 11/24/2023Ownership: 0.145%Public Sector Pension Investment BoardSold 9,581 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 10,800 shares on 11/21/2023Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Chesapeake Utilities' stock? ETFs with the largest weight of Chesapeake Utilities (NYSE:CPK) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Vanguard U.S. Minimum Volatility ETF (VFMV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Tortoise North American Pipeline Fund (TPYP), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and First Trust EIP Carbon Impact ETF (ECLN). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chesapeake Utilities Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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