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

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

NYSE CPK traded down $1.39 during trading hours on Friday, reaching $124.99. The company’s stock had a trading volume of 24,666 shares, compared to its average volume of 77,908. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $122.10 and a 200 day simple moving average of $122.26. Chesapeake Utilities has a 52 week low of $98.32 and a 52 week high of $134.20. The stock has a market cap of $2.85 billion, a PE ratio of 25.37 and a beta of 0.65.

Chesapeake Utilities (NYSE:CPK) last issued its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $1.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.04). Chesapeake Utilities had a return on equity of 9.08% and a net margin of 14.16%. The business had revenue of $215.00 million during the quarter, compared to the consensus estimate of $237.84 million. During the same period last year, the company earned $1.64 earnings per share. Equities research analysts predict that Chesapeake Utilities will post 5.39 earnings per share for the current fiscal year.

Chesapeake Utilities Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Friday, March 14th. Chesapeake Utilities’s payout ratio is currently 51.93%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Guggenheim upped their price objective 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 lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Chesapeake Utilities presently has an average rating of “Hold” and a consensus target price of $123.00.

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.