S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:CPK

Chesapeake Utilities Stock Forecast, Price & News

$137.29
+2.89 (+2.15%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$133.71
$137.49
50-Day Range
$120.05
$137.29
52-Week Range
$99.64
$140.47
Volume
53,113 shs
Average Volume
52,232 shs
Market Capitalization
$2.42 billion
P/E Ratio
29.03
Dividend Yield
1.43%
Beta
0.47
30 days | 90 days | 365 days | Advanced Chart
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Chesapeake Utilities logo

About Chesapeake Utilities

Chesapeake Utilities Corp. engages in the distribution and transmission of natural gas, propane and electricity; and generation of electricity and steam. It operates through the following segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment distributes and transmits gas, natural gas, and electricity. The Unregulated Energy segment markets and sells propane, crude oil, and natural gas. The company was founded in 1947 and is headquartered in Dover, DE.

Headlines

Chesapeake Utilities (NYSE:CPK) Sets New 52-Week High at $140.47
December 7, 2021 |  americanbankingnews.com
Offset Inflated Prices With These 3 Stocks
November 24, 2021 |  finance.yahoo.com
Algonquin Power & Utilities (AQN) Q3 Earnings Lag, Sales Top
November 15, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Gas transmission & distribution
Sub-Industry
Gas Utilities
Sector
Utilities
CUSIP
16530310
Employees
947
Year Founded
N/A

Sales & Book Value

Annual Sales
$488.20 million
Cash Flow
$8.31 per share
Book Value
$42.66 per share

Profitability

Net Income
$71.50 million
Pretax Margin
20.20%

Debt

Price-To-Earnings

Miscellaneous

Free Float
17,152,000
Market Cap
$2.42 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
10/05/2021
Last Earnings
11/03/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.38 out of 5 stars

Utilities Sector

50th out of 122 stocks

Gas Transmission & Distribution Industry

3rd out of 6 stocks

Analyst Opinion: 1.2Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions

Is Chesapeake Utilities a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.

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

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 increased by 46.9% and is now trading at $137.29.
View which stocks have been most impacted by COVID-19
.

When is Chesapeake Utilities' next earnings date?

Chesapeake Utilities is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Chesapeake Utilities
.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) posted its earnings results on Wednesday, November, 3rd. The utilities provider reported $0.71 EPS for the quarter, beating the consensus estimate of $0.54 by $0.17. The utilities provider earned $107.34 million during the quarter, compared to analysts' expectations of $114 million. Chesapeake Utilities had a trailing twelve-month return on equity of 11.31% and a net margin of 15.20%. During the same period last year, the company posted $0.56 earnings per share.
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 Wednesday, November 3rd. Stockholders of record on Wednesday, December 15th will be paid a dividend of $0.48 per share on Wednesday, January 5th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Tuesday, December 14th.
View Chesapeake Utilities' dividend history
.

Is Chesapeake Utilities a good dividend stock?

Chesapeake Utilities pays an annual dividend of $1.92 per share and currently has a dividend yield of 1.43%. Chesapeake Utilities has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Chesapeake Utilities is 40.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 38.48% 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's stock split 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.

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

Chesapeake Utilities updated its FY 2025 earnings guidance on Wednesday, November, 17th. The company provided earnings per share (EPS) guidance of $6.050-$6.250 for the period. The company issued revenue guidance of -.

What price target have analysts set for CPK?

3 analysts have issued 1-year price objectives for Chesapeake Utilities' stock. Their forecasts range from $117.00 to $155.00. On average, they anticipate Chesapeake Utilities' stock price to reach $135.67 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
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:
  • Jeffry M. Householder, President, Chief Executive Officer & Director
  • Beth W. Cooper, CFO, Executive VP & Assistant Corporate Secretary
  • Vikrant A. Gadgil, Chief Information Officer & Vice President
  • James F. Moriarty, Secretary, EVP, Chief Policy & Risk Office
  • Jeffery Sylvester, Senior Vice President

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 investors include BlackRock Inc. (15.37%), Dimensional Fund Advisors LP (2.53%), Goldman Sachs Group Inc. (2.39%), Bank of New York Mellon Corp (2.35%), Geode Capital Management LLC (1.67%) and Copeland Capital Management LLC (1.39%). Company insiders that own Chesapeake Utilities stock include John R Schimkaitis and Thomas P Hill, Jr.
View institutional ownership trends for Chesapeake Utilities
.

Which institutional investors are selling Chesapeake Utilities stock?

CPK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Invesco Ltd., Raymond James Financial Services Advisors Inc., Morgan Stanley, Gabelli Funds LLC, Thrivent Financial for Lutherans, and New York State Common Retirement Fund.
View insider buying and selling activity for Chesapeake Utilities
or view top insider-selling stocks.

Which institutional investors are buying Chesapeake Utilities stock?

CPK stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Clark Capital Management Group Inc., Wealthspire Advisors LLC, Brasada Capital Management LP, BNP Paribas Arbitrage SA, Summit Global Investments, Exchange Traded Concepts LLC, and Martingale Asset Management L P.
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 $137.29.

How much money does Chesapeake Utilities make?

Chesapeake Utilities has a market capitalization of $2.42 billion and generates $488.20 million in revenue each year. The utilities provider earns $71.50 million in net income (profit) each year or $4.73 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, via email at [email protected], or via fax at 302-734-6750.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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