Chesapeake Utilities (NYSE:CPK) Issues FY 2028 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) updated its FY 2028 earnings guidance on Wednesday. The company provided EPS guidance of 7.750-8.000 for the period. The company issued revenue guidance of -. Chesapeake Utilities also updated its FY 2025 guidance to 6.150-6.350 EPS.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CPK. StockNews.com raised Chesapeake Utilities from a “sell” rating to a “hold” rating in a research report on Friday, February 14th. Guggenheim upped their price objective on Chesapeake Utilities from $118.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $123.00.

Chesapeake Utilities Stock Performance

Shares of CPK stock traded down $5.91 during trading hours on Thursday, reaching $120.68. 28,204 shares of the company’s stock were exchanged, compared to its average volume of 74,991. The company has a market cap of $2.75 billion, a P/E ratio of 24.57 and a beta of 0.65. The company’s 50 day moving average is $121.93 and its two-hundred day moving average is $122.22. 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 current ratio of 0.38 and a quick ratio of 0.32.

Chesapeake Utilities (NYSE:CPK) last announced its earnings results on Wednesday, February 26th. The utilities provider reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.04). The company had revenue of $215.00 million for the quarter, compared to analyst estimates of $237.84 million. Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. During the same quarter last year, the company posted $1.64 EPS. Equities research analysts anticipate that Chesapeake Utilities will post 5.39 EPS for the current fiscal year.

Chesapeake Utilities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 2.12%. Chesapeake Utilities’s dividend payout ratio (DPR) is 51.93%.

Chesapeake Utilities Company Profile

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.