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

Chesapeake Utilities (NYSE:CPK) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.150-6.350 for the period, compared to the consensus earnings per share 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 Upgrades and Downgrades

Several research analysts have issued reports on the company. Guggenheim upped their price target 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 report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $123.00.

Chesapeake Utilities Stock Performance

Chesapeake Utilities stock traded down $5.91 on Thursday, reaching $120.68. 28,204 shares of the stock were exchanged, compared to its average volume of 74,991. Chesapeake Utilities has a twelve month low of $98.32 and a twelve month high of $134.20. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87. The firm has a fifty day moving average price of $121.93 and a two-hundred day moving average price of $122.22. The stock has a market cap of $2.75 billion, a PE ratio of 24.57 and a beta of 0.65.

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

Chesapeake Utilities Announces Dividend

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