Chesapeake Utilities (NYSE:CPK) Updates FY 2025 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.150-6.350 for the period, compared to the consensus estimate of 6.250. The company issued revenue guidance of -.

Analyst Ratings Changes

CPK has been the topic of several recent analyst reports. StockNews.com upgraded shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, March 7th. LADENBURG THALM/SH SH raised shares of Chesapeake Utilities to a “strong-buy” rating in a research note on Thursday, April 3rd. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $122.67.

Chesapeake Utilities Stock Performance

Shares of CPK stock opened at $133.53 on Thursday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 27.09 and a beta of 0.66. The stock has a fifty day moving average of $126.79 and a 200 day moving average of $124.48. Chesapeake Utilities has a 52 week low of $100.33 and a 52 week high of $136.18. The company has a quick ratio of 0.32, a current ratio of 0.38 and a debt-to-equity ratio of 0.87.

Chesapeake Utilities (NYSE:CPK) last announced its earnings results on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.04). Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. The company had revenue of $215.00 million for the quarter, compared to the consensus estimate of $237.84 million. During the same period in the previous year, the firm posted $1.64 EPS. As a group, research analysts expect that Chesapeake Utilities will post 5.39 earnings per share for the current year.

Chesapeake Utilities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Friday, March 14th were given a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend was Friday, March 14th. Chesapeake Utilities’s dividend payout ratio is currently 48.58%.

About Chesapeake Utilities

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.