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West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:CPK

Chesapeake Utilities (CPK) Stock Price, News & Analysis

$99.82
-3.92 (-3.78%)
(As of 02/23/2024 ET)
Today's Range
$99.23
$103.45
50-Day Range
$99.88
$106.62
52-Week Range
$83.79
$132.91
Volume
237,123 shs
Average Volume
151,303 shs
Market Capitalization
$2.22 billion
P/E Ratio
21.10
Dividend Yield
2.36%
Price Target
$106.75

Chesapeake Utilities MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.9% Upside
$106.75 Price Target
Short Interest
Healthy
1.38% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.17
Upright™ Environmental Score
News Sentiment
0.62mentions of Chesapeake Utilities in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$714 Sold Last Quarter
Proj. Earnings Growth
16.14%
From $5.39 to $6.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Utilities Sector

28th out of 88 stocks

Gas Transmission & Distribution Industry

1st out of 5 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: Navigating Post-Acquisition Growth with Caution
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Chesapeake Utilities (NYSE:CPK) Upgraded to Hold at StockNews.com
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Chesapeake Utilities earnings preview: what to expect
A Preview Of Chesapeake Utilities's Earnings
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Company Calendar

Ex-Dividend for 1/5 Dividend
12/14/2023
Dividend Payable
1/05/2024
Last Earnings
2/21/2024
Today
2/24/2024
Ex-Dividend for 4/5 Dividend
3/14/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$106.75
High Stock Price Target
$123.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$89.80 million
Pretax Margin
17.19%

Debt

Sales & Book Value

Annual Sales
$670.60 million
Cash Flow
$9.48 per share
Book Value
$56.03 per share

Miscellaneous

Free Float
17,320,000
Market Cap
$2.22 billion
Optionable
Optionable
Beta
0.60
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Key Executives

  • Mr. Jeffry M. Householder (Age 66)
    CEO & Chairman
    Comp: $1.56M
  • Ms. Beth W. Cooper (Age 57)
    Executive VP, CFO, Treasurer & Assistant Corporate Secretary
    Comp: $664.24k
  • Mr. Jeffrey S. Sylvester (Age 54)
    Senior VP & COO
    Comp: $538.58k
  • Mr. James F. Moriarty (Age 66)
    Executive VP, General Counsel, Corporate Secretary and Chief Policy & Risk Officer
    Comp: $672.64k
  • Mr. Kevin J. Webber (Age 65)
    Senior VP & Chief Development Officer
    Comp: $493.45k
  • Mr. Michael D. Galtman (Age 49)
    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 analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CPK shares.
View CPK analyst ratings
or view top-rated stocks.

What is Chesapeake Utilities' stock price target for 2024?

4 Wall Street research analysts have issued 12 month target prices for Chesapeake Utilities' shares. Their CPK share price targets range from $99.00 to $123.00. On average, they predict the company's share price to reach $106.75 in the next year. This suggests a possible upside of 6.9% 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 2024?

Chesapeake Utilities' stock was trading at $105.63 on January 1st, 2024. Since then, CPK stock has decreased by 5.5% and is now trading at $99.82.
View the best growth stocks for 2024 here
.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 306,300 shares, an increase of 19.4% from the January 15th total of 256,500 shares. Based on an average daily trading volume, of 243,300 shares, the days-to-cover ratio is currently 1.3 days.
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, May 1st 2024.
View our CPK earnings forecast
.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) announced its quarterly earnings results on Wednesday, February, 21st. The utilities provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.11. The utilities provider had revenue of $185.30 million for the quarter, compared to analysts' expectations of $234.60 million. Chesapeake Utilities had a trailing twelve-month return on equity of 10.19% and a net margin of 13.01%. Chesapeake Utilities's revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.47 EPS.

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

Chesapeake Utilities declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Friday, March 15th will be given a dividend of $0.59 per share on Friday, April 5th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Thursday, March 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 2.27%. 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 49.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPK will have a dividend payout ratio of 37.70% 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?

Shares of Chesapeake Utilities split on Tuesday, September 9th 2014. The 3-2 split was announced on Wednesday, July 2nd 2014. The newly created shares were issued 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 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of 5.330-5.450 for the period, compared to the consensus EPS estimate of 5.380. 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 Vanguard Group Inc. (9.78%), First Trust Advisors LP (3.53%), Copeland Capital Management LLC (2.93%), Dimensional Fund Advisors LP (2.56%), Jennison Associates LLC (1.88%) and Northern Trust Corp (1.63%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPK) was last updated on 2/24/2024 by MarketBeat.com Staff