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

Chesapeake Utilities (NYSE:CPK) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.150-6.350 for the period, compared to the consensus estimate of 6.260. The company issued revenue guidance of -. Chesapeake Utilities also updated its FY 2028 guidance to 7.750-8.000 EPS.

Chesapeake Utilities Stock Down 0.2 %

Shares of CPK traded down $0.24 during trading hours on Wednesday, hitting $126.34. The company had a trading volume of 102,992 shares, compared to its average volume of 76,375. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 25.63 and a beta of 0.65. The firm has a fifty day moving average price of $121.78 and a 200-day moving average price of $122.19. Chesapeake Utilities has a 52-week low of $98.32 and a 52-week high of $134.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.32 and a current ratio of 0.38.

Chesapeake Utilities (NYSE:CPK) last issued its earnings results on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.04). 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 earned $1.64 earnings per share. On average, equities research analysts forecast that Chesapeake Utilities will post 5.39 EPS for the current fiscal year.

Chesapeake Utilities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.03%. Chesapeake Utilities’s dividend payout ratio is 51.93%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CPK shares. Guggenheim upped their price target on Chesapeake Utilities from $118.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. StockNews.com raised Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $123.00.

Chesapeake Utilities Company Profile

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.