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

Chesapeake Utilities (NYSE:CPK) updated its FY 2028 earnings guidance on Wednesday. The company provided earnings per share 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.

Chesapeake Utilities Price Performance

NYSE:CPK traded down $0.24 during mid-day trading on Wednesday, reaching $126.34. 102,992 shares of the stock were exchanged, compared to its average volume of 76,375. Chesapeake Utilities has a 1-year low of $98.32 and a 1-year high of $134.20. The firm has a market capitalization of $2.88 billion, a PE ratio of 25.63 and a beta of 0.65. The business has a fifty day moving average price of $121.78 and a 200 day moving average price of $122.19. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings results 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 last year, the business posted $1.64 EPS. Research analysts expect that Chesapeake Utilities will post 5.39 earnings per share for the current fiscal year.

Chesapeake Utilities Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.03%. Chesapeake Utilities’s dividend payout ratio is currently 51.93%.

Wall Street Analyst Weigh In

CPK has been the topic of several recent research reports. Guggenheim raised 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 raised Chesapeake Utilities from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $123.00.

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.