Chesapeake Utilities (NYSE:CPK) Issues 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.

Analyst Ratings Changes

Several equities analysts have weighed in on CPK shares. Guggenheim lifted their price objective on shares of Chesapeake Utilities from $118.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, November 22nd. StockNews.com downgraded Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Chesapeake Utilities presently has a consensus rating of “Hold” and a consensus target price of $123.00.

Chesapeake Utilities Stock Down 1.1 %

Shares of NYSE CPK traded down $1.39 during mid-day trading on Friday, reaching $124.99. The company had a trading volume of 24,666 shares, compared to its average volume of 77,908. The stock has a market capitalization of $2.85 billion, a PE ratio of 25.37 and a beta of 0.65. Chesapeake Utilities has a twelve month low of $98.32 and a twelve month 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 stock’s 50 day moving average is $122.10 and its 200-day moving average is $122.26.

Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.04). The firm had revenue of $215.00 million for the quarter, compared to analysts’ expectations of $237.84 million. Chesapeake Utilities had a return on equity of 9.08% and a net margin of 14.16%. During the same period last year, the business earned $1.64 earnings per share. As a group, equities analysts anticipate that Chesapeake Utilities will post 5.39 earnings per share for the current fiscal year.

Chesapeake Utilities Dividend Announcement

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 paid a dividend of $0.64 per share. The ex-dividend date is Friday, March 14th. This represents a $2.56 annualized dividend and a dividend yield of 2.05%. Chesapeake Utilities’s dividend payout ratio (DPR) is 51.93%.

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.