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NYSE:CPKChesapeake Utilities Stock Price, Forecast & News

$90.34
+0.36 (+0.40 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$88.58
Now: $90.34
$90.78
50-Day Range
$81.85
MA: $88.23
$93.18
52-Week Range
$69.47
Now: $90.34
$101.29
Volume56,569 shs
Average Volume67,901 shs
Market Capitalization$1.49 billion
P/E Ratio22.76
Dividend Yield1.80%
Beta0.27
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment distributes propane in Delaware, Maryland, Virginia, Pennsylvania, and Florida; markets natural gas in Florida, Delaware, Maryland, Ohio, and other states; supplies, gathers, and processes unregulated natural gas in central and eastern Ohio; and generates electricity and steam. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is headquartered in Dover, Delaware.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.38 out of 5 stars


Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
CUSIP16530310
Phone302-734-6799

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$479.60 million
Cash Flow$7.03 per share
Book Value$35.54 per share

Profitability

Net Income$65.15 million

Miscellaneous

Employees983
Market Cap$1.49 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions

How has Chesapeake Utilities' stock been impacted by COVID-19 (Coronavirus)?

Chesapeake Utilities' stock was trading at $93.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CPK shares have decreased by 3.3% and is now trading at $90.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Chesapeake Utilities?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chesapeake Utilities.

When is Chesapeake Utilities' next earnings date?

Chesapeake Utilities is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Chesapeake Utilities.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) released its quarterly earnings results on Wednesday, May, 6th. The utilities provider reported $1.77 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.74 by $0.03. The utilities provider had revenue of $152.71 million for the quarter, compared to analyst estimates of $181.90 million. Chesapeake Utilities had a return on equity of 10.77% and a net margin of 12.87%. View Chesapeake Utilities' earnings history.

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

Chesapeake Utilities announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.44 per share on Monday, July 6th. This represents a $1.76 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Friday, June 12th. This is a boost from Chesapeake Utilities's previous quarterly dividend of $0.41. View Chesapeake Utilities' dividend history.

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

Chesapeake Utilities's stock split before market open on Tuesday, September 9th 2014. The 3-2 split was announced on Wednesday, July 2nd 2014. The newly issued shares were payable to shareholders after the market closes on Monday, September 8th 2014. An investor that had 100 shares of Chesapeake Utilities 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 issued an update on its FY 2022 After-Hours earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of 4.70-4.90 for the period.

What price target have analysts set for CPK?

6 analysts have issued twelve-month price objectives for Chesapeake Utilities' stock. Their forecasts range from $87.00 to $115.00. On average, they expect Chesapeake Utilities' stock price to reach $100.67 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for Chesapeake Utilities.

Has Chesapeake Utilities been receiving favorable news coverage?

Media stories about CPK stock have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Chesapeake Utilities earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutChesapeake Utilities.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a decrease in short interest in April. As of April 15th, there was short interest totaling 151,700 shares, a decrease of 7.4% from the March 31st total of 163,800 shares. Based on an average trading volume of 66,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.0% of the shares of the company are sold short. View Chesapeake Utilities' Current Options Chain.

Who are some of Chesapeake Utilities' key competitors?

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), Enterprise Products Partners (EPD), Verizon Communications (VZ), Adobe (ADBE), Consolidated Edison (ED), IBM (IBM), JPMorgan Chase & Co. (JPM), AT&T (T), Exxon Mobil (XOM) and Bank of America (BAC).

Who are Chesapeake Utilities' key executives?

Chesapeake Utilities' management team includes the following people:
  • Ms. Beth W. Cooper, Exec. VP, CFO & Assistant Corp. Sec. (Age 52)
  • Mr. James F. Moriarty, Exec. VP, Gen. Counsel, Corp. Sec. and Chief Policy & Risk Officer (Age 61)
  • Mr. Stephen C. Thompson, Sr. VP (Age 58)
  • Mr. Vikrant A. Gadgil, VP & Chief Information Officer
  • Ms. Heidi W. Watkins, Investor Relations Administrator

What is Chesapeake Utilities' stock symbol?

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

Who are Chesapeake Utilities' major shareholders?

Chesapeake Utilities' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.00%), State Street Corp (2.20%), Bank of New York Mellon Corp (1.95%), Boston Trust Walden Corp (1.56%), Geode Capital Management LLC (1.39%) and Boston Trust Walden Corp (1.31%). Company insiders that own Chesapeake Utilities stock include James F Moriarty, John R Schimkaitis, P Mcmasters Michael, Stephen C Thompson and Thomas P Hill, Jr. View institutional ownership trends for Chesapeake Utilities.

Which major investors are selling Chesapeake Utilities stock?

CPK stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Wells Fargo & Company MN, First Trust Advisors LP, Morgan Stanley, Moody Aldrich Partners LLC, UBS Group AG, and Two Sigma Investments LP. Company insiders that have sold Chesapeake Utilities company stock in the last year include John R Schimkaitis, and Stephen C Thompson. View insider buying and selling activity for Chesapeake Utilities.

Which major investors are buying Chesapeake Utilities stock?

CPK stock was acquired by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Ziegler Capital Management LLC, William Blair Investment Management LLC, Schroder Investment Management Group, Parametric Portfolio Associates LLC, Boston Trust Walden Corp, Vident Investment Advisory LLC, and FDx Advisors Inc.. Company insiders that have bought Chesapeake Utilities stock in the last two years include James F Moriarty, and Thomas P Hill, Jr. View insider buying and selling activity for Chesapeake Utilities.

How do I buy shares of Chesapeake Utilities?

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

What is Chesapeake Utilities' stock price today?

One share of CPK stock can currently be purchased for approximately $90.34.

How big of a company is Chesapeake Utilities?

Chesapeake Utilities has a market capitalization of $1.49 billion and generates $479.60 million in revenue each year. The utilities provider earns $65.15 million in net income (profit) each year or $3.66 on an earnings per share basis. Chesapeake Utilities employs 983 workers across the globe.

What is Chesapeake Utilities' official website?

The official website for Chesapeake Utilities is www.chpk.com.

How can I contact Chesapeake Utilities?

Chesapeake Utilities' mailing address is 909 SILVER LAKE BOULEVARD, DOVER DE, 19904. The utilities provider can be reached via phone at 302-734-6799 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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