Analysts Set Expectations for CPK FY2026 Earnings

Chesapeake Utilities Corporation (NYSE:CPK) – Analysts at Huntington issued their FY2026 EPS estimates for Chesapeake Utilities in a report released on Monday, November 9th. Huntington analyst M. Gaugler expects that the utilities provider will post earnings of $6.43 per share for the year. Huntington has a “Strong-Buy” rating on the stock. The consensus estimate for Chesapeake Utilities’ current full-year earnings is $7.88 per share. Huntington also issued estimates for Chesapeake Utilities’ Q4 2026 earnings at $2.03 EPS, Q1 2027 earnings at $2.66 EPS, Q2 2027 earnings at $1.14 EPS, Q3 2027 earnings at $1.08 EPS, Q4 2027 earnings at $2.37 EPS, FY2027 earnings at $7.26 EPS, Q1 2028 earnings at $3.02 EPS, Q2 2028 earnings at $1.25 EPS and Q3 2028 earnings at $1.04 EPS.

Several other research analysts have also commented on CPK. Weiss Ratings upgraded shares of Chesapeake Utilities from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Wall Street Zen lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Barclays set a $134.00 price objective on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research note on Monday, October 19th. Mizuho set a $155.00 price objective on shares of Chesapeake Utilities in a report on Monday. Finally, Wells Fargo & Company set a $136.00 target price on shares of Chesapeake Utilities and gave the stock an “equal weight” rating in a research report on Wednesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Chesapeake Utilities has an average rating of “Buy” and a consensus price target of $143.75.

Chesapeake Utilities Price Performance

CPK opened at $140.78 on Wednesday. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 22.21 and a beta of 0.62. Chesapeake Utilities has a 1 year low of $118.88 and a 1 year high of $145.54. The company has a current ratio of 0.28, a quick ratio of 0.25 and a debt-to-equity ratio of 0.77. The stock has a fifty day moving average price of $131.90 and a 200 day moving average price of $129.74.

Chesapeake Utilities (NYSE:CPK) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.04). The business had revenue of $195.80 million for the quarter, compared to analysts’ expectations of $193.31 million. Chesapeake Utilities had a net margin of 15.09% and a return on equity of 9.21%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS.

Chesapeake Utilities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Shareholders of record on Tuesday, December 15th will be issued a $0.7350 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $2.94 dividend on an annualized basis and a yield of 2.1%. Chesapeake Utilities’s dividend payout ratio is 46.37%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CPK. Public Employees Retirement System of Ohio bought a new position in Chesapeake Utilities in the second quarter worth $29,000. Heritage Family Offices LLP bought a new stake in Chesapeake Utilities in the 3rd quarter valued at $35,000. Versant Capital Management Inc increased its holdings in Chesapeake Utilities by 38.8% in the 2nd quarter. Versant Capital Management Inc now owns 304 shares of the utilities provider’s stock valued at $37,000 after buying an additional 85 shares during the period. First Bancorp Inc ME acquired a new position in shares of Chesapeake Utilities in the 2nd quarter valued at $37,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Chesapeake Utilities by 24.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 404 shares of the utilities provider’s stock valued at $51,000 after buying an additional 79 shares in the last quarter. Institutional investors own 83.11% of the company’s stock.

Key Chesapeake Utilities News

Here are the key news stories impacting Chesapeake Utilities this week:

• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and projected 2027 earnings of $7.26 per share, rising from its $6.43 estimate for 2026. The rating may support sentiment, though the forecasts are the firm’s estimates, not company guidance. Huntington stock recommendations
• Neutral Sentiment: Chesapeake Utilities executed an agreement authorizing the sale of $250 million in senior notes. The financing could provide capital, but the article does not specify its use or terms, and borrowing may add interest costs. Chesapeake Utilities senior notes agreement
• Negative Sentiment: Huntington’s $6.43-per-share estimate for 2026 is below the cited $7.88 consensus forecast, a potential concern if investors focus on near-term earnings expectations. Its quarterly estimates include $2.03 for Q4 2026 and $2.66 for Q1 2027; the reports do not provide comparisons with consensus for those quarters.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation is a diversified energy company that delivers natural gas, propane and electricity to residential, commercial and industrial customers. Its businesses also include natural gas transmission and distribution, energy generation, and renewable natural gas projects. The company serves customers across Delaware, Maryland, Florida and other parts of the Mid-Atlantic and Southeast. Its operations include regulated natural gas and electric utilities as well as unregulated propane distribution and energy-related services.