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, southeastern 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. The company also owns and leases office buildings in Delaware and Maryland. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is headquartered in Dover, Delaware.
Industry, Sector and Symbol
Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
Phone302-734-6799
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$717.49 million
Profitability
Miscellaneous
Employees983
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions
What is Chesapeake Utilities' stock symbol?
Chesapeake Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPK."
How often does Chesapeake Utilities pay dividends? What is the dividend yield for Chesapeake Utilities?
Chesapeake Utilities declared a quarterly dividend on Wednesday, February 27th. Stockholders of record on Friday, March 15th will be given a dividend of $0.37 per share on Friday, April 5th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Thursday, March 14th. View Chesapeake Utilities' Dividend History.
When did Chesapeake Utilities' stock split? How did Chesapeake Utilities' stock split work?
Chesapeake Utilities's stock split on the morning of 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 Chesapeake Utilities stock prior to the split would have 150 shares after the split.
How were Chesapeake Utilities' earnings last quarter?
Chesapeake Utilities Co. (NYSE:CPK) posted its earnings results on Thursday, November, 8th. The utilities provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.15. The utilities provider had revenue of $140.28 million for the quarter, compared to analysts' expectations of $142.85 million. Chesapeake Utilities had a return on equity of 10.67% and a net margin of 7.89%. View Chesapeake Utilities' Earnings History.
When is Chesapeake Utilities' next earnings date?
What price target have analysts set for CPK?
2 brokers have issued 1 year price targets for Chesapeake Utilities' shares. Their predictions range from $90.00 to $100.00. On average, they expect Chesapeake Utilities' share price to reach $94.08 in the next year. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for Chesapeake Utilities.
What is the consensus analysts' recommendation for Chesapeake Utilities?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chesapeake Utilities.
What are Wall Street analysts saying about Chesapeake Utilities stock?
Here are some recent quotes from research analysts about Chesapeake Utilities stock:
- 1. 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. " (1/14/2019)
- 2. Maxim Group analysts commented, "We slightly increase our 2020 EPS to $4.02 (from $4.01) after CPK bought a Pennsylvania propane business with 2,500 customers." (12/18/2018)
Has Chesapeake Utilities been receiving favorable news coverage?
News stories about CPK stock have trended neutral recently, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Chesapeake Utilities earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the near term.
Who are some of Chesapeake Utilities' key competitors?
What other stocks do shareholders of Chesapeake Utilities own?
Who are Chesapeake Utilities' key executives?
Chesapeake Utilities' management team includes the folowing people:
- Mr. Jeffrey M. Householder, Pres, CEO & Director (Age 61)
- Ms. Beth W. Cooper, Exec. VP, CFO & Assistant Corp. Sec. (Age 52)
- Mr. Stephen C. Thompson, Sr. VP (Age 58)
- Mr. Vikrant A. Gadgil, VP & Chief Information Officer
- Ms. Heidi W. Watkins, Investor Relations Administrator
Who are Chesapeake Utilities' major shareholders?
Chesapeake Utilities' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.21%), Dimensional Fund Advisors LP (3.38%), Bank of New York Mellon Corp (2.58%), Northern Trust Corp (1.28%), Geode Capital Management LLC (1.05%) and Geode Capital Management LLC (1.05%). Company insiders that own Chesapeake Utilities stock include Elaine B Bittner, Eugene H Bayard, 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 Energy Income Partners LLC, California Public Employees Retirement System, BlackRock Inc., First Trust Advisors LP, Bank of America Corp DE, Hennessy Advisors Inc., Barclays PLC and MetLife Investment Advisors LLC. Company insiders that have sold Chesapeake Utilities company stock in the last year include John R Schimkaitis, P Mcmasters Michael and Stephen C Thompson. View Insider Buying and Selling for Chesapeake Utilities.
Which major investors are buying Chesapeake Utilities stock?
CPK stock was purchased by a variety of institutional investors in the last quarter, including BTIM Corp., Millennium Management LLC, MUFG Securities EMEA plc, MUFG Securities EMEA plc, Hsbc Holdings PLC, Bank of New York Mellon Corp, Martingale Asset Management L P and Bessemer Group Inc.. Company insiders that have bought Chesapeake Utilities stock in the last two years include Eugene H Bayard, James F Moriarty and Thomas P Hill, Jr. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Utilities' stock price today?
One share of CPK stock can currently be purchased for approximately $92.19.
How big of a company is Chesapeake Utilities?
Chesapeake Utilities has a market capitalization of $1.51 billion and generates $717.49 million in revenue each year. The utilities provider earns $56.58 million in net income (profit) each year or $3.31 on an earnings per share basis. Chesapeake Utilities employs 983 workers across the globe.
What is Chesapeake Utilities' official website?
How can I contact Chesapeake Utilities?
Chesapeake Utilities' mailing address is 909 SILVER LAKE BLVD PO BOX 615, DOVER DE, 19904. The utilities provider can be reached via phone at 302-734-6799.
MarketBeat Community Rating for Chesapeake Utilities (NYSE CPK)
MarketBeat's community ratings are surveys of what our community members think about Chesapeake Utilities and other stocks. Vote "Outperform" if you believe CPK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPK will underperform the S&P 500 over the long term. You may vote once every thirty days.
