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NYSE:CPK

Chesapeake Utilities Stock Forecast, Price & News

$104.26
+1.90 (+1.86 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$102.89
Now: $104.26
$105.59
50-Day Range
$87.64
MA: $100.44
$109.98
52-Week Range
$69.47
Now: $104.26
$111.31
Volume51,769 shs
Average Volume97,748 shs
Market Capitalization$1.82 billion
P/E Ratio23.97
Dividend Yield1.72%
Beta0.23
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The Regulated Energy segment engages in the distribution of natural gas in central and southern Delaware, Maryland's eastern shore, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in 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 CNG 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

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.94 out of 5 stars


Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
CUSIP16530310
Phone302-734-6799
Employees955

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$479.60 million
Cash Flow$7.02 per share
Book Value$35.32 per share

Profitability

Net Income$65.15 million

Miscellaneous

Market Cap$1.82 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$104.26
+1.90 (+1.86 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions

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

Chesapeake Utilities' stock was trading at $93.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CPK stock has increased by 11.6% and is now trading at $104.26.
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
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Chesapeake Utilities?

Wall Street analysts have given Chesapeake Utilities a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year 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.

When is Chesapeake Utilities' next earnings date?

Chesapeake Utilities is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Chesapeake Utilities
.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Co. (NYSE:CPK) posted its quarterly earnings results on Wednesday, November, 4th. The utilities provider reported $0.56 EPS for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.14. The utilities provider had revenue of $101.42 million for the quarter, compared to analysts' expectations of $136.80 million. Chesapeake Utilities had a net margin of 14.84% and a return on equity of 11.14%.
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 Thursday, November 5th. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.44 per share on Tuesday, January 5th. This represents a $1.76 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, December 14th.
View Chesapeake Utilities' dividend history
.

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

Shares of Chesapeake Utilities split before market open on 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 market closes 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, November, 4th. The company provided earnings per share guidance of 4.70-4.90 for the period.

What price target have analysts set for CPK?

6 brokers have issued 12-month price targets for Chesapeake Utilities' shares. Their forecasts range from $87.00 to $121.00. On average, they expect Chesapeake Utilities' share price to reach $101.67 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for Chesapeake Utilities
.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a decline in short interest in November. As of November 15th, there was short interest totaling 388,300 shares, a decline of 32.0% from the October 31st total of 570,900 shares. Based on an average daily trading volume, of 166,800 shares, the short-interest ratio is currently 2.3 days.
View Chesapeake Utilities' Short Interest
.

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).

Who are Chesapeake Utilities' key executives?

Chesapeake Utilities' management team includes the following people:
  • Mr. Jeffry M. Householder, Pres, CEO & Director (Age 62, Pay $1.23M)
  • Ms. Beth W. Cooper, Exec. VP, CFO & Assistant Corp. Sec. (Age 53, Pay $741.83k)
  • Mr. James F. Moriarty, Exec. VP, Gen. Counsel, Corp. Sec. and Chief Policy & Risk Officer (Age 62, Pay $873.15k)
  • Mr. Kevin J. Webber, Sr. VP of Unregulated Energy Delivery & Bus. Devel. (Age 61, Pay $465.07k)
  • Mr. Michael D. Galtman, VP & Chief Accounting Officer (Age 45)
  • 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
  • Mr. Louis J. Anatrella, VP & Chief HR Officer

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 BlackRock Inc. (14.61%), First Trust Advisors LP (4.43%), State Street Corp (3.16%), Boston Trust Walden Corp (1.49%), Copeland Capital Management LLC (1.23%) and Energy Income Partners LLC (0.89%). 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 major investors are selling Chesapeake Utilities stock?

CPK stock was sold by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, WINTON GROUP Ltd, Wells Fargo & Company MN, Gabelli Funds LLC, Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, Hennessy Advisors Inc., and Federated Hermes Inc..
View insider buying and selling activity for Chesapeake Utilities
.

Which major investors are buying Chesapeake Utilities stock?

CPK stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, State Street Corp, Principal Financial Group Inc., Energy Income Partners LLC, Public Sector Pension Investment Board, Copeland Capital Management LLC, and Morgan Stanley. 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 $104.26.

How big of a company is Chesapeake Utilities?

Chesapeake Utilities has a market capitalization of $1.82 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 955 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 12/5/2020 by MarketBeat.com Staff

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