Chesapeake Financial Shares (CPKF) Stock Forecast, Price & News

Chesapeake Financial Shares' stock was trading at $20.44 at the start of the year. Since then, CPKF shares have decreased by 5.8% and is now trading at $19.25.
View the best growth stocks for 2023 here.

Chesapeake Financial Shares saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 200 shares, an increase of 100.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is presently 0.1 days.
View Chesapeake Financial Shares' Short Interest.

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) announced its earnings results on Tuesday, July, 25th. The bank reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.80 by $0.15. The bank earned $16.29 million during the quarter, compared to analysts' expectations of $16.10 million. Chesapeake Financial Shares had a trailing twelve-month return on equity of 19.34% and a net margin of 21.46%.

Chesapeake Financial Shares declared a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, September 1st will be paid a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, August 31st. This is a boost from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for CPKF.

Chesapeake Financial Shares (OTCMKTS:CPKF) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.12%. The dividend payout ratio is 17.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPKF will have a dividend payout ratio of 19.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPKF.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chesapeake Financial Shares investors own include ABM Industries (ABM), Agilent Technologies (A), AmerisourceBergen (ABC), AbbVie (ABBV), Aaron's (AAN), Abbott Laboratories (ABT), Accenture (ACN), Analog Devices (ADI), Archer-Daniels-Midland (ADM) and Automatic Data Processing (ADP).

Chesapeake Financial Shares trades on the OTCMKTS under the ticker symbol "CPKF."

Shares of CPKF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CPKF stock can currently be purchased for approximately $19.25.

Chesapeake Financial Shares (OTCMKTS:CPKF) has a market capitalization of $90.28 million and generates $69.47 million in revenue each year. The bank earns $17.63 million in net income (profit) each year or $3.40 on an earnings per share basis.

The company employs 109 workers across the globe.

Chesapeake Financial Shares' mailing address is 97 NORTH MAIN STREET P.O. BOX 1419, KILMARNOCK VA, 22482. The official website for the company is www.chesapeakefinancialshares.com. The bank can be reached via phone at (804) 435-4249, via email at investorrelations@chesbank.com, or via fax at 804-435-7387.