Chesapeake Utilities (NYSE:CPK - Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $6.15-6.35 for the period, compared to the consensus earnings per share estimate of $6.25.
Chesapeake Utilities Trading Up 2.9 %
Shares of NYSE:CPK traded up $3.73 on Friday, hitting $131.23. 276,016 shares of the company's stock were exchanged, compared to its average volume of 100,934. The business's 50 day simple moving average is $126.20 and its two-hundred day simple moving average is $124.25. 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 stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 26.62 and a beta of 0.66. Chesapeake Utilities has a 12 month low of $98.32 and a 12 month high of $134.86.
Chesapeake Utilities (NYSE:CPK - Get Free Report) last announced 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). The company had revenue of $215.00 million for the quarter, compared to the consensus estimate of $237.84 million. Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. During the same quarter in the previous year, the business earned $1.64 EPS. Analysts anticipate that Chesapeake Utilities will post 5.39 EPS for the current fiscal year.
Chesapeake Utilities Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Investors of record on Friday, March 14th were paid a $0.64 dividend. The ex-dividend date was Friday, March 14th. This represents a $2.56 annualized dividend and a yield of 1.95%. Chesapeake Utilities's dividend payout ratio (DPR) is currently 48.58%.
Wall Street Analyst Weigh In
CPK has been the subject of several research reports. LADENBURG THALM/SH SH upgraded Chesapeake Utilities to a "strong-buy" rating in a report on Thursday, April 3rd. StockNews.com raised shares of Chesapeake Utilities from a "sell" rating to a "hold" rating in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $122.67.
Read Our Latest Stock Analysis on Chesapeake Utilities
About Chesapeake Utilities
(
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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.
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