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

Chesapeake Utilities (NYSE:CPK) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 6.150-6.350 for the period, compared to the consensus EPS estimate of 6.250. The company issued revenue guidance of -.

Chesapeake Utilities Stock Up 1.3 %

Shares of CPK stock opened at $135.17 on Friday. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 27.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.38 and a quick ratio of 0.32. The company’s fifty day moving average price is $127.29 and its 200-day moving average price is $124.63. Chesapeake Utilities has a one year low of $102.15 and a one year high of $136.52.

Chesapeake Utilities (NYSE:CPK) last released its earnings results on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.04). Chesapeake Utilities had a return on equity of 9.08% and a net margin of 14.16%. The business had revenue of $215.00 million for the quarter, compared to analysts’ expectations of $237.84 million. During the same quarter in the prior year, the business posted $1.64 EPS. Sell-side analysts expect that Chesapeake Utilities will post 5.39 EPS for the current fiscal year.

Chesapeake Utilities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Friday, March 14th were given a dividend of $0.64 per share. The ex-dividend date was Friday, March 14th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.89%. Chesapeake Utilities’s payout ratio is 48.58%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. StockNews.com raised shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, March 7th. LADENBURG THALM/SH SH raised shares of Chesapeake Utilities to a “strong-buy” rating in a research note on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Chesapeake Utilities presently has an average rating of “Hold” and a consensus price target of $122.67.

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.