Chesapeake Utilities (NYSE:CPK) Issues FY 2026 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 7.750-8.000 for the period, compared to the consensus earnings per share estimate of 6.500.

Chesapeake Utilities Price Performance

NYSE:CPK traded down $2.10 on Friday, reaching $139.59. 104,627 shares of the company’s stock traded hands, compared to its average volume of 161,388. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 0.79. Chesapeake Utilities has a 12 month low of $118.88 and a 12 month high of $145.54. The stock has a 50-day simple moving average of $131.45 and a 200-day simple moving average of $129.52. The firm has a market cap of $3.37 billion, a PE ratio of 22.26 and a beta of 0.62.

Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.04). Chesapeake Utilities had a return on equity of 9.34% and a net margin of 15.12%. The business had revenue of $195.80 million during the quarter, compared to analysts’ expectations of $193.31 million. During the same period in the prior year, the firm posted $0.82 earnings per share. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. Equities research analysts forecast that Chesapeake Utilities will post 6.40 earnings per share for the current year.

Chesapeake Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 5th. Stockholders of record on Tuesday, December 15th will be issued a $0.7350 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.1%. Chesapeake Utilities’s payout ratio is 46.89%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Huntington started coverage on Chesapeake Utilities in a research note on Monday, September 14th. They issued an “outperform” rating and a $150.00 price objective for the company. Barclays set a $134.00 price target on Chesapeake Utilities and gave the company an “equal weight” rating in a report on Monday, October 19th. Wall Street Zen lowered Chesapeake Utilities from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Mizuho set a $150.00 target price on shares of Chesapeake Utilities and gave the company an “outperform” rating in a research note on Friday, September 11th. Finally, Wells Fargo & Company set a $136.00 price objective on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $142.50.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation is an energy delivery company that provides natural gas, propane, electricity and related services to residential, commercial, industrial and institutional customers. Its operations include regulated utility businesses as well as unregulated energy and infrastructure activities.

The company distributes natural gas and electricity, transports natural gas through pipeline systems, and supplies propane and other fuels. It also develops and operates energy infrastructure and provides renewable natural gas and other energy solutions through its portfolio of operating subsidiaries.

Founded in 1859, Chesapeake Utilities serves customers primarily in Delaware, Maryland, Pennsylvania, Virginia, Florida and Ohio.