Chesapeake Financial Shares (OTCMKTS:CPKF) Sets New 12-Month High – Still a Buy?

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $214,748.3647 and last traded at $214,748.3647, with a volume of 61 shares changing hands. The stock had previously closed at $28.10.

Chesapeake Financial Shares Price Performance

The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.38. The company has a market cap of $133.06 million, a price-to-earnings ratio of 20.18 and a beta of 0.24. The firm’s 50 day simple moving average is $26.78 and its 200 day simple moving average is $23.70.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings data on Wednesday, October 22nd. The bank reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.39. Chesapeake Financial Shares had a return on equity of 11.80% and a net margin of 6.72%.The business had revenue of $21.64 million during the quarter, compared to the consensus estimate of $19.40 million. Sell-side analysts anticipate that Chesapeake Financial Shares Inc. will post 2.45 EPS for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd were paid a $0.17 dividend. This is a boost from Chesapeake Financial Shares’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 278.0%. Chesapeake Financial Shares’s dividend payout ratio (DPR) is currently 48.57%.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia?chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer?centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.