NYSE:CPK Chesapeake Utilities Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Chesapeake Utilities Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $74.50 -2.49 (-3.23 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$74.41Now: $74.50▼$77.4550-Day Range$74.30MA: $81.48▼$86.7352-Week Range$69.47Now: $74.50▼$101.29Volume194,248 shsAverage Volume56,855 shsMarket Capitalization$1.23 billionP/E Ratio18.04Dividend Yield2.29%Beta0.21 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingChesapeake Utilities has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $100.67, Chesapeake Utilities has a forecasted upside of 35.1% from its current price of $74.50.Amount of Analyst CoverageChesapeake Utilities has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesChesapeake Utilities has received 313 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChesapeake Utilities has received 341 “underperform” votes. (Add your “underperform” vote.)Community SentimentChesapeake Utilities has received 52.14% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend YieldChesapeake Utilities pays a meaningful dividend of 2.29%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthChesapeake Utilities has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of Chesapeake Utilities is 48.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 39.02% next year. This indicates that Chesapeake Utilities will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chesapeake Utilities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.14% of the stock of Chesapeake Utilities is held by insiders.Percentage Held by Institutions70.39% of the stock of Chesapeake Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Chesapeake Utilities are expected to grow by 10.54% in the coming year, from $4.08 to $4.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chesapeake Utilities is 18.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Chesapeake Utilities is 18.04, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 19.77.Price to Book Value per Share RatioChesapeake Utilities has a P/B Ratio of 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.54 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Gas transmission & distribution Sub-IndustryGas Utilities SectorUtilities Current SymbolNYSE:CPK Previous Symbol CUSIP16530310 CIK19745 Webwww.chpk.com Phone302-734-6799Debt Debt-to-Equity Ratio0.72 Current Ratio0.23 Quick Ratio0.21Price-To-Earnings Trailing P/E Ratio18.04 Forward P/E Ratio18.26 P/E GrowthN/A Sales & Book Value Annual Sales$479.60 million Price / Sales2.56 Cash Flow$6.78 per share Price / Cash Flow10.99 Book Value$34.24 per share Price / Book2.18Profitability EPS (Most Recent Fiscal Year)$3.66 Net Income$65.15 million Net Margins14.35% Return on Equity10.96% Return on Assets3.52%Miscellaneous Employees983 Outstanding Shares16,490,000Market Cap$1.23 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $74.50 -2.49 (-3.23 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CPK News and Ratings via Email Sign-up to receive the latest news and ratings for CPK and its competitors with MarketBeat's FREE daily newsletter. Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions How has Chesapeake Utilities' stock been impacted by COVID-19? Chesapeake Utilities' stock was trading at $93.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CPK shares have decreased by 20.3% and is now trading at $74.50. View which stocks have been most impacted by COVID-19. 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, November 5th 2020. View our earnings forecast for Chesapeake Utilities. How were Chesapeake Utilities' earnings last quarter? Chesapeake Utilities Co. (NYSE:CPK) released its earnings results on Wednesday, August, 5th. The utilities provider reported $0.64 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $0.10. The utilities provider had revenue of $97.05 million for the quarter, compared to analyst estimates of $139 million. Chesapeake Utilities had a net margin of 14.35% and a return on equity of 10.96%. View Chesapeake Utilities' earnings history. How often does Chesapeake Utilities pay dividends? What is the dividend yield for Chesapeake Utilities? Chesapeake Utilities declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.44 per share on Monday, October 5th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Monday, September 14th. 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 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 issued an update on its FY 2022 After-Hours earnings guidance on Wednesday, August, 5th. The company provided earnings per share (EPS) guidance of 4.70-4.90 for the period. What price target have analysts set for CPK? 6 brokerages have issued 12-month price targets 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 35.1% from the stock's current price. View analysts' price targets for Chesapeake Utilities. Are investors shorting Chesapeake Utilities? Chesapeake Utilities saw a decrease in short interest in August. As of August 31st, there was short interest totaling 158,400 shares, a decrease of 15.8% from the August 15th total of 188,100 shares. Based on an average daily volume of 76,400 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.0% of the shares of the company are sold short. View Chesapeake Utilities' Short Interest. Who are some of Chesapeake Utilities' key competitors? Some companies that are related to Chesapeake Utilities include Atmos Energy (ATO), ONEOK (OKE), UGI (UGI), National Fuel Gas (NFG), Southwest Gas (SWX), New Jersey Resources (NJR), South Jersey Industries (SJI) and Northwest Natural (NWN). View all 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), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Chevron (CVX), Dominion Energy (D), Walt Disney (DIS) and JPMorgan Chase & Co. (JPM). 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 OfficerMs. 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.06%), First Trust Advisors LP (3.21%), Goldman Sachs Group Inc. (2.81%), Bank of New York Mellon Corp (1.82%), Boston Trust Walden Corp (1.42%) and Copeland Capital Management LLC (1.01%). Company insiders that own Chesapeake Utilities stock include James F Moriarty, John R Schimkaitis, Stephen C Thompson 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 Goldman Sachs Group Inc., William Blair Investment Management LLC, Vanguard Group Inc., ProShare Advisors LLC, Bank of New York Mellon Corp, Jacobs Levy Equity Management Inc., Engineers Gate Manager LP, and Ziegler Capital Management LLC. View insider buying and selling activity for Chesapeake Utilities. Which institutional investors are buying Chesapeake Utilities stock? CPK stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Advisory Research Inc., Comerica Bank, Copeland Capital Management LLC, Tiedemann Advisors LLC, WINTON GROUP Ltd, Mutual of America Capital Management LLC, and Boston Trust Walden Corp. 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 $74.50. How big of a company is Chesapeake Utilities? Chesapeake Utilities has a market capitalization of $1.23 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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