Chesapeake Utilities (NYSE:CPK) Releases FY 2025 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.150-6.350 for the period, compared to the consensus estimate of 6.260. The company issued revenue guidance of -. Chesapeake Utilities also updated its FY 2028 guidance to 7.750-8.000 EPS.

Chesapeake Utilities Trading Down 0.2 %

Shares of NYSE CPK traded down $0.24 during mid-day trading on Wednesday, hitting $126.34. The stock had a trading volume of 102,992 shares, compared to its average volume of 76,375. The business has a 50 day moving average price of $121.78 and a two-hundred day moving average price of $122.19. Chesapeake Utilities has a 1 year low of $98.32 and a 1 year high of $134.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.32 and a current ratio of 0.38. The firm has a market cap of $2.88 billion, a P/E ratio of 25.63 and a beta of 0.65.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.04). Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. During the same quarter in the previous year, the firm posted $1.64 earnings per share. On average, equities analysts anticipate that Chesapeake Utilities will post 5.39 EPS for the current fiscal year.

Chesapeake Utilities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be issued a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 2.03%. Chesapeake Utilities’s dividend payout ratio (DPR) is currently 51.93%.

Analysts Set New Price Targets

CPK has been the subject of a number of recent analyst reports. Guggenheim upped their target price on Chesapeake Utilities from $118.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. StockNews.com upgraded shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $123.00.

About Chesapeake Utilities

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida.