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 guidance of 6.150-6.350 for the period, compared to the consensus earnings per share estimate of 6.250. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

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

Chesapeake Utilities Price Performance

NYSE:CPK opened at $133.53 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.38 and a quick ratio of 0.32. The company has a 50 day moving average price of $126.79 and a 200-day moving average price of $124.48. Chesapeake Utilities has a 1-year low of $100.33 and a 1-year high of $136.18. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 27.09 and a beta of 0.66.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings data 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 firm had revenue of $215.00 million during the quarter, compared to analysts’ expectations of $237.84 million. During the same period in the previous year, the firm posted $1.64 EPS. Equities research analysts forecast that Chesapeake Utilities will post 5.39 EPS for the current year.

Chesapeake Utilities Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, March 14th were given a dividend of $0.64 per share. The ex-dividend date was Friday, March 14th. This represents a $2.56 dividend on an annualized basis and a yield of 1.92%. 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.