NYSE:CPK - Chesapeake Utilities Stock Price, News, & Analysis

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$83.68 +0.50 (+0.60 %)
(As of 01/16/2019 01:50 PM ET)
Previous Close$83.18
Today's Range$83.54 - $84.06
52-Week Range$66.35 - $93.40
Volume1,260 shs
Average Volume59,636 shs
Market Capitalization$1.34 billion
P/E Ratio29.03
Dividend Yield1.82%
Beta0.18
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.

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Industry, Sector and Symbol

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

Debt

Current Ratio0.30
Quick Ratio0.27

Price-To-Earnings

Sales & Book Value

Annual Sales$617.58 million
Price / Sales2.22
Cash Flow$5.7790 per share
Price / Cash Flow14.48
Book Value$29.75 per share
Price / Book2.81

Profitability

Net Income$58.12 million
Net Margins9.31%
Return on Assets3.54%

Miscellaneous

Employees945
Market Cap$1.34 billion
OptionableOptionable

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 Friday, November 9th. Shareholders of record on Friday, December 14th will be given a dividend of $0.37 per share on Monday, January 7th. This represents a $1.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, December 13th. 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 issued shares were payable 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 Co. (NYSE:CPK) posted its quarterly earnings data on Thursday, November, 8th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.15. The utilities provider earned $140.28 million during the quarter, compared to analysts' expectations of $142.85 million. Chesapeake Utilities had a net margin of 9.31% and a return on equity of 10.25%. View Chesapeake Utilities' Earnings History.

When is Chesapeake Utilities' next earnings date?

Chesapeake Utilities is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Chesapeake Utilities.

What price target have analysts set for CPK?

4 Wall Street analysts have issued 1-year price objectives for Chesapeake Utilities' shares. Their forecasts range from $88.00 to $100.00. On average, they expect Chesapeake Utilities' share price to reach $93.4133 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for Chesapeake Utilities.

What is the consensus analysts' recommendation for Chesapeake Utilities?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Utilities in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chesapeake Utilities.

What are Wall Street analysts saying about Chesapeake Utilities stock?

Here are some recent quotes from research analysts about Chesapeake Utilities stock:
  • 1. According to Zacks Investment Research, "Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission, propane distribution and marketing, advanced information services and other related businesses.Chesapeake's three natural gas distribution divisions serve residential, commercial and industrial customers in southern Delaware, Maryland's Eastern Shore and Florida. The Company's natural gas transmission subsidiary operates an interstate pipeline system that transports gas from various points in Pennsylvania to Delaware and Maryland distribution divisions. " (1/14/2019)
  • 2. Maxim Group analysts commented, "We slightly increase our 2020 EPS to $4.02 (from $4.01) after CPK bought a Pennsylvania propane business with 2,500 customers." (12/18/2018)

Has Chesapeake Utilities been receiving favorable news coverage?

Headlines about CPK stock have trended positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news 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 2.8 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the near future.

Who are some of Chesapeake Utilities' key competitors?

Some companies that are related to Chesapeake Utilities include Southwest Gas (SWX), Nextdecade (NEXT), RGC Resources (RGCO), Corning Natural Gas (CNIG) and China Natural Gas (CHNGQ).

Who are Chesapeake Utilities' key executives?

Chesapeake Utilities' management team includes the folowing people:
  • Mr. Michael P. McMasters, Pres, CEO & Director (Age 60)
  • Ms. Beth W. Cooper, Sr. VP, CFO & Assistant Sec. (Age 52)
  • Mr. Stephen C. Thompson, Sr. VP (Age 58)
  • Mr. Jeffry M. Householder, Pres of Florida Public Utilities Company (Age 61)
  • Mr. Vikrant A. Gadgil, VP & Chief Information Officer

Who are Chesapeake Utilities' major shareholders?

Chesapeake Utilities' stock is owned by many different of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.37%), Strategic Wealth Management Group LLC (0.03%) and Navellier & Associates Inc (0.02%). Company insiders that own Chesapeake Utilities stock include Elaine B Bittner, Eugene H Bayard, James F Moriarty, Jeffry M Householder, John R Schimkaitis, P Mcmasters Michael, 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 Hennessy Advisors Inc. and Navellier & Associates Inc. Company insiders that have sold Chesapeake Utilities company stock in the last year include John R Schimkaitis, P Mcmasters Michael and Stephen C Thompson. View Insider Buying and Selling 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 Strategic Wealth Management Group LLC. Company insiders that have bought Chesapeake Utilities stock in the last two years include Eugene H Bayard, James F Moriarty and Thomas P Hill, Jr. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Chesapeake Utilities' stock price today?

One share of CPK stock can currently be purchased for approximately $83.68.

How big of a company is Chesapeake Utilities?

Chesapeake Utilities has a market capitalization of $1.34 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.

What is Chesapeake Utilities' official website?

The official website for Chesapeake Utilities is http://www.chpk.com.

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 (NYSE CPK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  223 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  469
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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