Chesapeake Utilities (CPK) Expected to Post Earnings on Thursday

Chesapeake Utilities (NYSE:CPK) is expected to be posting its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $1.07 per share and revenue of $198.9050 million for the quarter. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.00 EPS. Parties can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, August 7, 2026 at 8:30 AM ET.

Chesapeake Utilities (NYSE:CPK) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Chesapeake Utilities had a return on equity of 9.53% and a net margin of 15.11%.The company had revenue of $353.10 million for the quarter, compared to the consensus estimate of $339.86 million. During the same quarter last year, the business posted $2.22 earnings per share. The firm’s revenue was up 18.2% compared to the same quarter last year. On average, analysts expect Chesapeake Utilities to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Chesapeake Utilities Trading Down 0.7%

Shares of CPK stock opened at $136.97 on Thursday. The company has a market capitalization of $3.29 billion, a PE ratio of 21.95 and a beta of 0.69. Chesapeake Utilities has a 52-week low of $118.83 and a 52-week high of $140.83. The business’s fifty day moving average is $126.25 and its 200 day moving average is $127.81. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.43.

Chesapeake Utilities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were paid a $0.735 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.94 dividend on an annualized basis and a yield of 2.1%. This is an increase from Chesapeake Utilities’s previous quarterly dividend of $0.69. Chesapeake Utilities’s dividend payout ratio is currently 47.12%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CPK shares. Barclays set a $142.00 price target on Chesapeake Utilities and gave the company an “equal weight” rating in a research report on Monday, April 20th. Wells Fargo & Company began coverage on shares of Chesapeake Utilities in a research report on Tuesday, May 12th. They issued an “equal weight” rating and a $132.00 price objective on the stock. Finally, Weiss Ratings raised shares of Chesapeake Utilities from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $137.00.

Insider Activity at Chesapeake Utilities

In other news, SVP Kevin J. Webber sold 2,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $127.37, for a total value of $254,740.00. Following the completion of the sale, the senior vice president owned 12,652 shares of the company’s stock, valued at approximately $1,611,485.24. This represents a 13.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffry M. Householder sold 10,000 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $126.12, for a total transaction of $1,261,200.00. Following the transaction, the chief executive officer directly owned 63,001 shares in the company, valued at approximately $7,945,686.12. This represents a 13.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.36% of the company’s stock.

Institutional Trading of Chesapeake Utilities

Several institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in shares of Chesapeake Utilities by 94.7% during the second quarter. EverSource Wealth Advisors LLC now owns 222 shares of the utilities provider’s stock valued at $27,000 after buying an additional 108 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake 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 during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Chesapeake Utilities by 66.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 274 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 109 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in Chesapeake Utilities during the 3rd quarter valued at about $62,000. Finally, Federated Hermes Inc. boosted its holdings in Chesapeake Utilities by 332.6% during the 4th quarter. Federated Hermes Inc. now owns 623 shares of the utilities provider’s stock valued at $78,000 after acquiring an additional 479 shares during the period. 83.11% of the stock is currently owned by hedge funds and other institutional investors.

About Chesapeake Utilities

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.