Chesapeake Utilities (CPK) Stock Price, News & Analysis

Company Overview

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy company headquartered in Delaware City, Delaware. The company primarily engages in the distribution and sale of natural gas and propane, serving residential, commercial and industrial customers across the Delmarva Peninsula and select markets in Florida and Kentucky. In addition to its core distribution services, Chesapeake Utilities provides midstream and marketing solutions, encompassing natural gas supply, storage and transmission services to wholesale and retail clients.

The natural gas distribution segment operates under regulated utilities in Delaware, Maryland and Pennsylvania, delivering safe and reliable service through an extensive pipeline network. Chesapeake Utilities’ propane distribution business markets and sells propane to homes and businesses under several brand names, leveraging a fleet of delivery vehicles and storage facilities to ensure consistent supply throughout its service territories.

Chesapeake Utilities’ midstream and marketing division sources and transports natural gas, offering services such as liquefied natural gas (LNG) production and storage, pipeline capacity reservation and gas supply contracts. This segment supports both the company’s utility operations and third‐party customers, providing strategic energy infrastructure in the Mid‐Atlantic and Southeast regions.

Led by President and Chief Executive Officer Stephen D. Thompson Jr., Chesapeake Utilities emphasizes operational reliability, safety and customer satisfaction. The company’s leadership team brings decades of industry experience, guiding ongoing investments in network modernization, environmental stewardship and community engagement. With a steady record of regulated growth, Chesapeake Utilities continues to expand its service footprint while maintaining a focus on long‐term energy solutions.

Key Stats

• Today's Range: $121.36 to $123.03
• 50-Day Range: $116.02 to $133.87
• 52-Week Range: $105.79 to $136.73
• Volume: 46,993 shs
• Average Volume: 107,508 shs
• Market Capitalization: $2.87 billion
• P/E Ratio: 22.74
• Dividend Yield: 2.23%
• Price Target: $126.50
• Consensus Rating: Moderate Buy

Chesapeake Utilities Stock Analysis - MarketRank™

Chesapeake Utilities scored higher than 80% of companies evaluated by MarketBeat, and ranked 38th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chesapeake Utilities has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chesapeake Utilities has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 15.96%

Earnings Growth

Earnings for Chesapeake Utilities are expected to grow by 15.96% in the coming year, from $5.39 to $6.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chesapeake Utilities is 22.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chesapeake Utilities is 22.74, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.45.

Price to Book Value per Share Ratio

Chesapeake Utilities has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.94% of the float of Chesapeake Utilities has been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Utilities has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chesapeake Utilities has recently increased by 7.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Chesapeake Utilities pays a meaningful dividend of 2.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chesapeake Utilities has been increasing its dividend for 22 years.

Dividend Coverage

The dividend payout ratio of Chesapeake Utilities is 50.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chesapeake Utilities will have a dividend payout ratio of 43.84% next year. This indicates that Chesapeake Utilities will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -9.24

Percentage of Shares Shorted

1.94% of the float of Chesapeake Utilities has been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Utilities has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chesapeake Utilities has recently increased by 7.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.93

News Sentiment

Chesapeake Utilities has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Chesapeake Utilities this week, compared to 4 articles on an average week.

MarketBeat Follows

Only 2 people have added Chesapeake Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chesapeake Utilities insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.68% of the stock of Chesapeake Utilities is held by insiders.

Percentage Held by Institutions

83.11% of the stock of Chesapeake Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPK Stock Analysis - Frequently Asked Questions

How have CPK shares performed this year?

Chesapeake Utilities' stock was trading at $121.35 at the start of the year. Since then, CPK stock has increased by 1.4% and is now trading at $123.03.

How were Chesapeake Utilities' earnings last quarter?

Chesapeake Utilities Corporation (NYSE:CPK) issued its quarterly earnings results on Wednesday, May, 7th. The utilities provider reported $2.22 EPS for the quarter, missing analysts' consensus estimates of $2.28 by $0.06. The business's revenue was up 21.6% on a year-over-year basis.
Read the conference call transcript.

When did Chesapeake Utilities' stock split?

Shares of Chesapeake Utilities split on Tuesday, September 9th 2014.The 3-2 split was announced on Wednesday, July 2nd 2014. The newly minted shares were payable to shareholders after the market closes on Monday, September 8th 2014. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Chesapeake Utilities' major shareholders?

Chesapeake Utilities' top institutional shareholders include Park National Corp OH (0.01%). Insiders that own company stock include John R Schimkaitis, Jeffry M Householder, Thomas P Hill Jr, Paul L Maddock Jr, Jeffery S Sylvester, Kevin J Webber and Lila A Jaber.
View institutional ownership trends.

How do I buy shares of Chesapeake Utilities?

Shares of CPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Chesapeake Utilities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chesapeake Utilities investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 4/7 Dividend: 3/14/2025
• Ex-Dividend for 4/7 Dividend: 3/14/2025
• Dividend Payable: 4/07/2025
• Last Earnings: 5/07/2025
• Record date for 7/7 Dividend: 6/16/2025
• Ex-Dividend for 7/7 Dividend: 6/16/2025
• Today: 7/05/2025
• Dividend Payable: 7/07/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - GAS DISTR
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:CPK
• CIK: 19745
• Web: www.chpk.com
• Phone: (302) 734-6799
• Fax: 302-734-6750
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $126.50
• High Stock Price Target: $129.00
• Low Stock Price Target: $124.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.41
• Trailing P/E Ratio: 22.74
• Forward P/E Ratio: 22.83
• P/E Growth: N/A
• Net Income: $118.60 million
• Net Margins: 14.69%
• Pretax Margin: 20.03%
• Return on Equity: 9.19%
• Return on Assets: 3.57%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 0.46
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $787.20 million
• Price / Sales: 3.65
• Cash Flow: $8.91 per share
• Price / Cash Flow: 13.81
• Book Value: $61.03 per share
• Price / Book: 2.02

Miscellaneous

• Outstanding Shares: 23,330,000
• Free Float: 22,702,000
• Market Cap: $2.87 billion
• Optionable: Optionable
• Beta: 0.65