Chesapeake Utilities (CPK) Expected to Announce Earnings on Wednesday

by · The Cerbat Gem

Chesapeake Utilities (NYSE:CPK – Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $2.33 per share and revenue of $248.45 million for the quarter. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.000 EPS and its FY 2025 guidance at 6.150-6.350 EPS.

Chesapeake Utilities (NYSE:CPK – Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.04). The firm had revenue of $215.00 million for the quarter, compared to analysts’ expectations of $237.84 million. Chesapeake Utilities had a return on equity of 9.08% and a net margin of 14.16%. During the same quarter in the previous year, the firm posted $1.64 earnings per share. On average, analysts expect Chesapeake Utilities to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Chesapeake Utilities Stock Down 0.0 %

Shares of Chesapeake Utilities stock traded down $0.06 during midday trading on Tuesday, hitting $132.33. The company’s stock had a trading volume of 16,389 shares, compared to its average volume of 103,557. Chesapeake Utilities has a 1-year low of $102.64 and a 1-year high of $136.73. The company has a quick ratio of 0.32, a current ratio of 0.38 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $3.05 billion, a P/E ratio of 26.84 and a beta of 0.71. The stock has a 50-day simple moving average of $129.24 and a 200-day simple moving average of $125.69.

Chesapeake Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Friday, March 14th were issued a $0.64 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.93%. Chesapeake Utilities’s dividend payout ratio is 48.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Barclays decreased their target price on shares of Chesapeake Utilities from $125.00 to $124.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 29th. LADENBURG THALM/SH SH raised shares of Chesapeake Utilities to a “strong-buy” rating in a research report on Tuesday, April 22nd. Finally, StockNews.com lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $122.67.

Read Our Latest Stock Analysis on Chesapeake Utilities

Chesapeake Utilities Company Profile

(Get Free Report)

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.

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