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

Chesapeake Utilities (NYSE:CPK) updated its FY 2028 earnings guidance on Wednesday. The company provided EPS guidance of 7.750-8.000 for the period, compared to the consensus EPS estimate of 6.630. The company issued revenue guidance of -.

Chesapeake Utilities Trading Up 0.4%

NYSE:CPK opened at $134.78 on Friday. The company has a market cap of $3.19 billion, a PE ratio of 22.54 and a beta of 0.79. The business’s 50 day moving average is $127.89 and its two-hundred day moving average is $129.46. The company has a quick ratio of 0.55, a current ratio of 0.62 and a debt-to-equity ratio of 0.95. Chesapeake Utilities has a 52 week low of $115.24 and a 52 week high of $140.59.

Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.16 by ($0.22). The firm had revenue of $258.90 million for the quarter, compared to analyst estimates of $208.59 million. Chesapeake Utilities had a net margin of 15.09% and a return on equity of 9.48%. The business’s revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.63 earnings per share. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.000 EPS. On average, analysts predict that Chesapeake Utilities will post 5.39 EPS for the current year.

Chesapeake Utilities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Monday, March 16th will be given a $0.685 dividend. This represents a $2.74 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, March 16th. Chesapeake Utilities’s dividend payout ratio (DPR) is presently 48.50%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CPK. Wall Street Zen lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Chesapeake Utilities in a research report on Monday, December 29th. Finally, Barclays reissued a “reduce” rating and issued a $140.00 price target (down from $141.00) on shares of Chesapeake Utilities in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $140.00.

Insiders Place Their Bets

In other Chesapeake Utilities news, CEO Jeffry M. Householder sold 1,908 shares of the company’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $125.83, for a total value of $240,083.64. Following the completion of the sale, the chief executive officer directly owned 51,916 shares of the company’s stock, valued at approximately $6,532,590.28. This represents a 3.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have sold 17,500 shares of company stock valued at $2,218,185. 2.68% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Chesapeake Utilities

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

• Positive Sentiment: Management reaffirmed a robust FY2028 EPS target of $7.75–$8.00, well above street consensus, signaling confidence in long‑term earnings growth. Chesapeake Utilities Posts Strong 2025 Results, Reaffirms Outlook
• Positive Sentiment: Top‑line beat — Q4 revenue of $258.9M came in well above consensus and rose ~20% year‑over‑year, driven by regulatory initiatives, infrastructure programs and organic gas demand. That revenue strength supports growth expectations. Chesapeake Utilities Corp (CPK) Q4 2025 Earnings Call Highlights: Record Growth and Strategic …
• Positive Sentiment: Company reported strong FY2025 results (GAAP EPS $5.97; adjusted EPS $6.01) and recorded heavy capex that should drive future earnings; management affirmed multi‑year capex plans. CHESAPEAKE UTILITIES CORPORATION REPORTS FISCAL YEAR 2025 RESULTS
• Positive Sentiment: Board declared a quarterly cash dividend of $0.685 per share (ex‑dividend March 16), supporting income investors. Chesapeake Utilities Corporation Announces Quarterly Dividend
• Neutral Sentiment: The company is launching a $75M ERP transformation and advancing a Florida rate case — strategic moves that are intended to improve operations and rate base but will incur near‑term costs and execution risk. Chesapeake Utilities reaffirms $7.75–$8 EPS target for 2028 as it launches $75M ERP transformation and advances Florida rate case
• Neutral Sentiment: 2026 capital spending is being set at $450–$500M (2024–28 capex guidance of $1.5–1.8B remains intact), which supports growth but raises near‑term cash needs and execution focus. CHESAPEAKE UTILITIES CORPORATION REPORTS FISCAL YEAR 2025 RESULTS
• Negative Sentiment: Reported Q4 EPS of $1.94 missed consensus (~$2.16), which may concern near‑term earnings momentum despite the revenue strength and adjusted results. Chesapeake Utilities: Q4 Earnings Snapshot

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in shares of Chesapeake Utilities by 292.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 164 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Chesapeake Utilities by 94.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 222 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 108 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Chesapeake Utilities by 66.1% in the third quarter. CIBC Private Wealth Group LLC now owns 274 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 109 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Chesapeake Utilities in the third quarter valued at $62,000. Finally, Federated Hermes Inc. boosted its position in shares of Chesapeake Utilities by 332.6% in the fourth quarter. Federated Hermes Inc. now owns 623 shares of the utilities provider’s stock worth $78,000 after buying an additional 479 shares during the period. 83.11% of the stock is owned by hedge funds and other institutional investors.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S.