Chesapeake Utilities (NYSE:CPK) Releases FY 2026 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 7.750-8.000 for the period, compared to the consensus estimate of 6.500.

Chesapeake Utilities Trading Down 2.0%

NYSE:CPK traded down $2.88 on Friday, reaching $138.81. 132,139 shares of the stock traded hands, compared to its average volume of 161,502. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 0.79. Chesapeake Utilities has a 1-year low of $118.88 and a 1-year high of $145.54. The company’s 50 day moving average is $131.45 and its 200-day moving average is $129.52. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 22.13 and a beta of 0.62.

Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.04). The business had revenue of $195.80 million during the quarter, compared to analyst estimates of $193.31 million. Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.82 EPS. Equities research analysts anticipate that Chesapeake Utilities will post 6.40 EPS for the current fiscal year.

Chesapeake Utilities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Tuesday, December 15th will be issued a dividend of $0.7350 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 15th. Chesapeake Utilities’s dividend payout ratio (DPR) is currently 46.89%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CPK shares. Wall Street Zen downgraded shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Wells Fargo & Company set a $136.00 price target on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a report on Wednesday, September 30th. 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. Barclays set a $134.00 target price on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research report on Monday, October 19th. Finally, Huntington began coverage on shares of Chesapeake Utilities in a research note on Monday, September 14th. They set an “outperform” rating and a $150.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.50.

About Chesapeake Utilities

Chesapeake Utilities Corporation is an energy delivery company that provides natural gas, propane, electricity and related services to residential, commercial, industrial and institutional customers. Its operations include regulated utility businesses as well as unregulated energy and infrastructure activities.

The company distributes natural gas and electricity, transports natural gas through pipeline systems, and supplies propane and other fuels. It also develops and operates energy infrastructure and provides renewable natural gas and other energy solutions through its portfolio of operating subsidiaries.

Founded in 1859, Chesapeake Utilities serves customers primarily in Delaware, Maryland, Pennsylvania, Virginia, Florida and Ohio.