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NYSE:CPKChesapeake Utilities Stock Price, Forecast & News

$85.39
+0.07 (+0.08 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$84.53
Now: $85.39
$85.70
50-Day Range
$80.50
MA: $84.53
$86.73
52-Week Range
$69.47
Now: $85.39
$101.29
Volume56,699 shs
Average Volume72,567 shs
Market Capitalization$1.41 billion
P/E Ratio20.68
Dividend Yield2.06%
Beta0.27
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.21 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$479.60 million
Cash Flow$6.90 per share
Book Value$34.24 per share

Profitability

Net Income$65.15 million

Miscellaneous

Employees983
Market Cap$1.41 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$85.39
+0.07 (+0.08 %)
(As of 08/14/2020 04:00 PM 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 decreased by 8.6% and is now trading at $85.39.
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 quarterly earnings results on Wednesday, August, 5th. The utilities provider reported $0.64 earnings per share (EPS) 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 return on equity of 11.10% and a net margin of 14.35%.
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, August 6th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.44 per share on Monday, October 5th. This represents a $1.76 annualized dividend and a yield of 2.06%. 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 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 issued an update on its FY 2022 After-Hours earnings guidance on Wednesday, August, 5th. The company provided EPS guidance of 4.70-4.90 for the period.

What price target have analysts set for CPK?

6 analysts have issued 1 year price objectives for Chesapeake Utilities' shares. Their forecasts range from $87.00 to $115.00. On average, they anticipate Chesapeake Utilities' stock price to reach $100.67 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts' price targets for Chesapeake Utilities
.

Has Chesapeake Utilities been receiving favorable news coverage?

News articles about CPK stock have trended positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Chesapeake Utilities earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about Chesapeake Utilities
.

Are investors shorting Chesapeake Utilities?

Chesapeake Utilities saw a increase in short interest in June. As of June 30th, there was short interest totaling 342,200 shares, an increase of 184.2% from the June 15th total of 120,400 shares. Based on an average trading volume of 84,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 2.2% of the company's stock are short sold.
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), Exxon Mobil (XOM), Chevron (CVX), 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 Officer
  • Ms. 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 many different 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 major 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, Ziegler Capital Management LLC, Hennessy Advisors Inc., and UBS Group AG. Company insiders that have sold Chesapeake Utilities company stock in the last year include John R Schimkaitis, and Stephen C Thompson.
View insider buying and selling activity for Chesapeake Utilities
.

Which major 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 $85.39.

How big of a company is Chesapeake Utilities?

Chesapeake Utilities has a market capitalization of $1.41 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 8/15/2020 by MarketBeat.com Staff

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