About Chesapeake Utilities (NYSE:CPK)
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, southeastern 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. The company also owns and leases office buildings in Delaware and Maryland. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is headquartered in Dover, Delaware.
Industry, Sector and Symbol
Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
SymbolNYSE:CPK
CUSIP16530310
Phone302-734-6799
Debt
Debt-to-Equity Ratio0.41%
Current Ratio0.43%
Quick Ratio0.38%
Price-To-Earnings
Trailing P/E Ratio26.18
Forward P/E Ratio22.06
P/E Growth3.67
Sales & Book Value
Annual Sales$617.58 million
Price / Sales2.01
Cash Flow$5.6515 per share
Price / Cash13.43
Book Value$29.75 per share
Price / Book2.55
Profitability
EPS (Most Recent Fiscal Year)$2.89
Net Income$58.12 million
Net Margins9.41%
Return on Equity10.10%
Return on Assets3.60%
Miscellaneous
Employees945
Outstanding Shares16,340,000
Chesapeake Utilities (NYSE:CPK) Frequently Asked Questions
What is Chesapeake Utilities' stock symbol?
Chesapeake Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPK."
How often does Chesapeake Utilities pay dividends? What is the dividend yield for Chesapeake Utilities?
Chesapeake Utilities declared a quarterly dividend on Wednesday, February 28th. Investors of record on Thursday, March 15th will be given a dividend of $0.325 per share on Thursday, April 5th. This represents a $1.30 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, March 14th. View Chesapeake Utilities' Dividend History.
When did Chesapeake Utilities' stock split? How did Chesapeake Utilities' stock split work?
Chesapeake Utilities's stock 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.
How were Chesapeake Utilities' earnings last quarter?
Chesapeake Utilities (NYSE:CPK) posted its quarterly earnings results on Wednesday, February, 28th. The utilities provider reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.04. The utilities provider earned $180.40 million during the quarter, compared to analyst estimates of $147.85 million. Chesapeake Utilities had a return on equity of 10.10% and a net margin of 9.41%. View Chesapeake Utilities' Earnings History.
When is Chesapeake Utilities' next earnings date?
What price target have analysts set for CPK?
3 equities research analysts have issued 12-month price targets for Chesapeake Utilities' stock. Their forecasts range from $75.00 to $85.00. On average, they expect Chesapeake Utilities' stock price to reach $80.00 in the next year. View Analyst Ratings for Chesapeake Utilities.
Who are some of Chesapeake Utilities' key competitors?
Who are Chesapeake Utilities' key executives?
Chesapeake Utilities' management team includes the folowing people:
- Mr. John R. Schimkaitis, Chairman, CEO of Florida Public Utilities and Chairman of Florida Public Utilities (Age 70)
- Mr. Michael P. McMasters, Pres, CEO & Director (Age 59)
- Ms. Beth W. Cooper, Sr. VP, CFO, Assistant Sec. & Principal Accounting Officer (Age 51)
- Mr. Stephen C. Thompson, Sr. VP (Age 57)
- Ms. Elaine B. Bittner, Sr. VP of Strategic Devel. (Age 48)
Has Chesapeake Utilities been receiving favorable news coverage?
Media headlines about CPK stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chesapeake Utilities earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 46.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Utilities' stock price today?
One share of CPK stock can currently be purchased for approximately $75.90.
How big of a company is Chesapeake Utilities?
Chesapeake Utilities has a market capitalization of $1.24 billion and generates $617.58 million in revenue each year. The utilities provider earns $58.12 million in net income (profit) each year or $2.89 on an earnings per share basis. Chesapeake Utilities employs 945 workers across the globe.
How can I contact Chesapeake Utilities?
Chesapeake Utilities' mailing address is 909 SILVER LAKE BLVD PO BOX 615, DOVER DE, 19904. The utilities provider can be reached via phone at 302-734-6799.
MarketBeat Community Rating for Chesapeake Utilities (CPK)
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.
Chesapeake Utilities (NYSE:CPK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Chesapeake Utilities in the last 12 months. Their average twelve-month price target is $80.00, suggesting that the stock has a possible upside of 5.40%. The high price target for CPK is $85.00 and the low price target for CPK is $75.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.33 | 2.33 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $80.00 | $80.00 | $80.00 | $73.00 |
| Price Target Upside: | 5.40% upside | 7.74% upside | 1.30% downside | 9.93% downside |
Chesapeake Utilities (NYSE:CPK) Consensus Price Target History
Chesapeake Utilities (NYSE:CPK) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Chesapeake Utilities (NYSE:CPK) Dividend Information
Chesapeake Utilities pays an annual dividend of $1.30 per share, with a dividend yield of 1.71%. CPK's most recent quarterly dividend payment was Thursday, April 5. The company has grown its dividend for the last 14 consecutive years and is increasing its dividend by an average of 6.20% each year. Chesapeake Utilities pays out 44.98% of its earnings out as a dividend.
| Most Recent Dividend: | 4/5/2018 |
| Annual Dividend: | $1.30 |
| Dividend Yield: | 1.71% |
| Dividend Growth: | 6.20% (3 Year Average) |
| Payout Ratio: | 44.98% (Trailing 12 Months of Earnings)
37.79% (Based on This Year's Estimates)
34.48% (Based on Next Year's Estimates)
|
| Track Record: | 14 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Chesapeake Utilities (NYSE:CPK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/28/2018 | quarterly | $0.3250 | 1.95% | 3/14/2018 | 3/15/2018 | 4/5/2018 |
| 11/9/2017 | quarterly | $0.3250 | 1.61% | 12/14/2017 | 12/15/2017 | 1/5/2018 |
| 8/3/2017 | quarterly | $0.3250 | 1.65% | 9/14/2017 | 9/15/2017 | 10/5/2017 |
| 5/4/2017 | quarterly | $0.3250 | 1.81% | 6/13/2017 | 6/15/2017 | 7/5/2017 |
| 2/27/2017 | quarterly | $0.3050 | 1.79% | 3/13/2017 | 3/15/2017 | 4/5/2017 |
| 11/3/2016 | quarterly | $0.3050 | 2.02% | 12/13/2016 | 12/15/2016 | 1/5/2017 |
| 8/4/2016 | quarterly | $0.3050 | 1.93% | 9/13/2016 | 9/15/2016 | 10/5/2016 |
| 5/5/2016 | quarterly | $0.3050 | 1.97% | 6/13/2016 | 6/15/2016 | 7/5/2016 |
| 2/24/2016 | quarterly | $0.2875 | 1.78% | 3/11/2016 | 3/15/2016 | 4/5/2016 |
| 11/5/2015 | quarterly | $0.2875 | 2.2% | 12/11/2015 | 12/15/2015 | 1/5/2016 |
| 8/6/2015 | quarterly | $0.2875 | 2.39% | 9/11/2015 | 9/15/2015 | 10/5/2015 |
| 5/7/2015 | quarterly | $0.2875 | 2.36% | 6/11/2015 | 6/15/2015 | 7/6/2015 |
| 3/6/2015 | quarterly | $0.27 | 2.37% | 3/13/2015 | 3/17/2015 | 4/6/2015 |
| 11/6/2014 | quarterly | $0.27 | 2.29% | 12/11/2014 | 12/15/2014 | 1/5/2015 |
| 8/6/2014 | quarterly | $0.27 | 1.66% | 9/11/2014 | 9/15/2014 | 10/6/2014 |
| 5/6/2014 | quarterly | $0.4050 | 2.57% | 6/12/2014 | 6/16/2014 | 7/7/2014 |
| 3/5/2014 | quarterly | $0.3850 | 2.59% | 3/13/2014 | 3/17/2014 | 4/7/2014 |
| 11/5/2013 | quarterly | $0.3850 | 2.72% | 12/12/2013 | 12/16/2013 | 1/6/2014 |
| 8/7/2013 | quarterly | $0.3850 | 2.6% | 9/11/2013 | 9/13/2013 | 10/7/2013 |
| 5/2/2013 | quarterly | $0.3850 | 2.84% | 6/13/2013 | 6/17/2013 | 7/5/2013 |
| 3/6/2013 | quarterly | $0.3650 | 3% | 3/18/2013 | 3/20/2013 | 4/5/2013 |
(Data available from 1/1/2013 forward)
Chesapeake Utilities (NYSE CPK) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 62.27%
Chesapeake Utilities (NYSE CPK) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/3/2018 | John R. Schimkaitis | Insider | Sell | 2,500 | $71.00 | $177,500.00 | |  |
| 3/21/2018 | Stephen C Thompson | Insider | Sell | 2,263 | $72.17 | $163,320.71 | 73,605 | |
| 1/3/2018 | John R. Schimkaitis | Insider | Sell | 2,500 | $76.65 | $191,625.00 | | |
| 12/21/2017 | Thomas P. Hill, Jr. | Director | Buy | 1,000 | $75.62 | $75,620.00 | | |
| 6/23/2017 | P. Mcmasters Michael | CEO | Sell | 5,500 | $74.56 | $410,080.00 | | |
| 5/3/2017 | Eugene H. Bayard | Director | Buy | 835 | $71.80 | $59,953.00 | | |
| 4/24/2017 | Elaine B. Bittner | VP | Sell | 700 | $72.00 | $50,400.00 | | |
| 4/24/2017 | John R. Schimkaitis | Insider | Sell | 6,375 | $72.00 | $459,000.00 | | |
| 4/5/2017 | Elaine B Bittner | VP | Sell | 593 | $70.00 | $41,510.00 | 23,608 | |
| 3/20/2017 | Jeffry M. Householder | Insider | Sell | 1,400 | $68.73 | $96,222.00 | | |
| 3/16/2017 | John R. Schimkaitis | Insider | Sell | 2,125 | $68.70 | $145,987.50 | | |
| 12/27/2016 | John R. Schimkaitis | Insider | Sell | 500 | $67.59 | $33,795.00 | | |
| 9/26/2016 | John R. Schimkaitis | Insider | Sell | 500 | $62.62 | $31,310.00 | | |
| 6/27/2016 | John R. Schimkaitis | Insider | Sell | 500 | $63.03 | $31,515.00 | | |
| 3/28/2016 | John R Schimkaitis | Insider | Sell | 500 | $61.25 | $30,625.00 | 145,346 | |
| 3/7/2016 | Elaine B Bittner | VP | Buy | 17 | $59.96 | $1,019.32 | 20,466 | |
| 3/3/2016 | Thomas P Hill Jr | Director | Buy | 1,000 | $57.20 | $57,200.00 | 13,360 | |
| 12/28/2015 | John R Schimkaitis | Chairman | Sell | 500 | $57.85 | $28,925.00 | 145,846 | |
| 12/18/2015 | Ralph J Adkins | Chairman | Sell | 1,000 | $53.92 | $53,920.00 | 72,716 | |
| 11/16/2015 | Ralph J. Adkins | Chairman | Sell | 1,000 | $51.71 | $51,710.00 | 73,716 | |
| 3/18/2015 | Ralph J Adkins | Chairman | Sell | 3,200 | $48.61 | $155,552.00 | | |
| 5/15/2014 | Thomas Hill, Jr. | Director | Buy | 1,000 | $64.05 | $64,050.00 | 7,781 | |
| 5/12/2014 | Ralph Adkins | Chairman | Sell | 1,500 | $64.50 | $96,750.00 | 51,806 | |
| 6/17/2013 | Thomas P Hill Jr | Director | Buy | 1,500 | $52.22 | $78,330.00 | | |
(Data available from 1/1/2013 forward)
Chesapeake Utilities (NYSE CPK) News Headlines
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Chesapeake Utilities (NYSE:CPK) SEC Filings
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Chesapeake Utilities (NYSE:CPK) Income Statement, Balance Sheet and Cash Flow Statement
Chesapeake Utilities (NYSE CPK) Stock Chart for Thursday, April, 26, 2018
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