NYSE:CPKChesapeake Utilities Stock Price, Forecast & News

Chesapeake Utilities' stock was trading at $93.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPK shares have decreased by 4.6% and is now trading at $89.12. View which stocks have been most impacted by Coronavirus.

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.

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

Chesapeake Utilities Co. (NYSE:CPK) released its quarterly earnings data on Wednesday, May, 6th. The utilities provider reported $1.77 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.74 by $0.03. The utilities provider earned $152.71 million during 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.

Chesapeake Utilities declared a quarterly dividend on Thursday, May 7th. Investors 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 1.97%. The ex-dividend date is Friday, June 12th. This is a boost from Chesapeake Utilities's previous quarterly dividend of $0.41. View Chesapeake Utilities' dividend history.

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 minted 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.

Chesapeake Utilities issued an update on its FY 2022 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of 4.70-4.90 for the period.

6 brokers have issued 1-year target prices 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 13.0% from the stock's current price. View analysts' price targets for Chesapeake Utilities.

News articles about CPK stock have been trending negative recently, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chesapeake Utilities earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutChesapeake Utilities.

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

Some companies that are related to Chesapeake Utilities include ONEOK (OKE), Atmos Energy (ATO), UGI (UGI), Southwest Gas (SWX), National Fuel Gas (NFG), New Jersey Resources (NJR), South Jersey Industries (SJI) and Northwest Natural (NWN). View all competitors.

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).

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

Chesapeake Utilities' stock is owned by a number of retail and institutional 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.

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.

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.

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.

One share of CPK stock can currently be purchased for approximately $89.12.

Chesapeake Utilities has a market capitalization of $1.46 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.

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

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]