NYSE:CPK

Chesapeake Utilities Stock Forecast, Price & News

$119.38
-0.74 (-0.62 %)
(As of 04/19/2021 04:48 PM ET)
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Today's Range
$118.70
Now: $119.38
$120.00
50-Day Range
$105.73
MA: $115.13
$120.38
52-Week Range
$72.89
Now: $119.38
$121.04
Volume31,549 shs
Average Volume62,892 shs
Market Capitalization$2.09 billion
P/E Ratio27.44
Dividend Yield1.47%
Beta0.25
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula 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 and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and 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. 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 was founded in 1859 and is headquartered in Dover, Delaware.
Chesapeake Utilities logo

Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
CUSIP16530310
Phone302-734-6799
Employees947
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$479.60 million
Cash Flow$7.94 per share
Book Value$34.24 per share

Profitability

Net Income$65.15 million

Miscellaneous

Market Cap$2.09 billion
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

Headlines

Chesapeake Utilities Co. (NYSE:CPK) Short Interest Update
April 15, 2021 |  americanbankingnews.com
Chesapeake Utilities Corp.
December 16, 2020 |  barrons.com
Dollar Tree Breaks Out Amid Rush Of Retail Earnings
November 24, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.06 out of 5 stars

Utilities Sector

21st out of 280 stocks

Gas Transmission & Distribution Industry

2nd out of 9 stocks

Analyst Opinion: 1.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$119.38
-0.74 (-0.62 %)
(As of 04/19/2021 04:48 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions

Is Chesapeake Utilities a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Chesapeake Utilities stock. 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 analyst ratings for Chesapeake Utilities
or view top-rated stocks.

What stocks does MarketBeat like better than Chesapeake Utilities?

Wall Street analysts have given Chesapeake Utilities a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Chesapeake Utilities wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a decline in short interest in March. As of March 31st, there was short interest totaling 310,300 shares, a decline of 41.5% from the March 15th total of 530,200 shares. Based on an average daily trading volume, of 63,800 shares, the days-to-cover ratio is presently 4.9 days.
View Chesapeake Utilities' Short Interest
.

When is Chesapeake Utilities' next earnings date?

Chesapeake Utilities is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Chesapeake Utilities
.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) announced its quarterly earnings results on Tuesday, February, 23rd. The utilities provider reported $1.24 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.09. The utilities provider had revenue of $137.04 million for the quarter, compared to the consensus estimate of $153.20 million. Chesapeake Utilities had a trailing twelve-month return on equity of 11.14% and a net margin of 14.84%.
View Chesapeake Utilities' earnings history
.

How has Chesapeake Utilities' stock been impacted by Coronavirus?

Chesapeake Utilities' stock was trading at $93.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CPK stock has increased by 27.8% and is now trading at $119.47.
View which stocks have been most impacted by COVID-19
.

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

Chesapeake Utilities announced a quarterly dividend on Wednesday, February 24th. Shareholders of record on Monday, March 15th will be paid a dividend of $0.44 per share on Monday, April 5th. This represents a $1.76 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Friday, March 12th.
View Chesapeake Utilities' dividend history
.

Is Chesapeake Utilities a good dividend stock?

Chesapeake Utilities pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.47%. Chesapeake Utilities has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Chesapeake Utilities is 48.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 39.37% next year. This indicates that Chesapeake Utilities will be able to sustain or increase its dividend.
View Chesapeake Utilities' dividend history.

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

Chesapeake Utilities shares 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 issued 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.

What guidance has Chesapeake Utilities issued on next quarter's earnings?

Chesapeake Utilities updated its FY 2022 After-Hours earnings guidance on Wednesday, February, 24th. The company provided earnings per share (EPS) guidance of 4.70-4.90 for the period.

What price target have analysts set for CPK?

3 brokers have issued 12 month price objectives for Chesapeake Utilities' stock. Their forecasts range from $93.00 to $121.00. On average, they anticipate Chesapeake Utilities' share price to reach $103.33 in the next year. This suggests that the stock has a possible downside of 13.5%.
View analysts' price targets for Chesapeake Utilities
or view top-rated stocks among Wall Street analysts.

Who are Chesapeake Utilities' key executives?

Chesapeake Utilities' management team includes the following people:
  • Mr. Jeffry M. Householder, Pres, CEO & Director (Age 63, Pay $1.41M)
  • Ms. Beth W. Cooper, Exec. VP, CFO & Assistant Corp. Sec. (Age 54, Pay $676.07k)
  • Mr. James F. Moriarty, Exec. VP, Gen. Counsel, Corp. Sec. and Chief Policy & Risk Officer (Age 63, Pay $652.32k)
  • Mr. Kevin J. Webber, Sr. VP of Unregulated Energy Delivery & Bus. Devel. (Age 62, Pay $461.6k)
  • Mr. Jeffrey S. Sylvester, Sr. VP of Pipeline Transmission and Regulated Gas & Electric Distribution (Age 51, Pay $629.34k)
  • Mr. Michael D. Galtman, VP & Chief Accounting Officer (Age 46)
  • Mr. Vikrant A. Gadgil, VP & Chief Information Officer
  • Ms. Heidi W. Watkins, Investor Relations Administrator
  • Ms. Sydney Hawthorne Davis, Communications Mang.
  • Ms. Danielle Mulligan, Assistant VP of Communications & Marketing

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), 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).

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 many different retail and institutional investors. Top institutional shareholders include Clear Harbor Asset Management LLC (0.35%), Fruth Investment Management (0.12%), Albert D Mason Inc. (0.07%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%) and Cox Capital Mgt LLC (0.03%). Company insiders that own Chesapeake Utilities stock include John R Schimkaitis, 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 Cox Capital Mgt LLC, State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Fruth Investment Management, Albert D Mason Inc., Private Capital Group LLC, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Chesapeake Utilities
or view top insider-selling stocks.

Which major investors are buying Chesapeake Utilities stock?

CPK stock was bought by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and Clear Harbor Asset Management LLC.
View insider buying and selling activity for Chesapeake Utilities
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Chesapeake Utilities' stock price today?

One share of CPK stock can currently be purchased for approximately $119.47.

How much money does Chesapeake Utilities make?

Chesapeake Utilities has a market capitalization of $2.09 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.

How many employees does Chesapeake Utilities have?

Chesapeake Utilities employs 947 workers across the globe.

What is Chesapeake Utilities' official website?

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

Where are Chesapeake Utilities' headquarters?

Chesapeake Utilities is headquartered at 909 SILVER LAKE BOULEVARD, DOVER DE, 19904.

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 4/19/2021 by MarketBeat.com Staff
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