Chesapeake Utilities (CPK) – Investment Analysts’ Recent Ratings Updates

Chesapeake Utilities (NYSE: CPK) has recently received a number of price target changes and ratings updates:

• 4/29/2025 – Chesapeake Utilities had its price target lowered by analysts at Barclays PLC from $125.00 to $124.00. They now have an “equal weight” rating on the stock.
• 4/22/2025 – Chesapeake Utilities was upgraded by analysts at LADENBURG THALM/SH SH to a “strong-buy” rating.
• 4/22/2025 – Chesapeake Utilities was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/22/2025 – Chesapeake Utilities had its price target raised by analysts at Barclays PLC from $120.00 to $125.00. They now have an “equal weight” rating on the stock.
• 4/3/2025 – Chesapeake Utilities was upgraded by analysts at LADENBURG THALM/SH SH to a “strong-buy” rating.

Chesapeake Utilities Price Performance

Shares of Chesapeake Utilities stock opened at $130.34 on Friday. The company has a 50-day simple moving average of $129.55 and a two-hundred day simple moving average of $125.87. Chesapeake Utilities Co. has a twelve month low of $102.64 and a twelve month high of $136.73. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 26.44 and a beta of 0.71. The company has a quick ratio of 0.32, a current ratio of 0.38 and a debt-to-equity ratio of 0.87.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings data on Wednesday, May 7th. The utilities provider reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.28 by ($0.06). The business had revenue of $298.70 million during the quarter, compared to analyst estimates of $248.45 million. Chesapeake Utilities had a net margin of 14.16% and a return on equity of 9.08%. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the business earned $2.10 earnings per share. Analysts forecast that Chesapeake Utilities Co. will post 5.39 EPS for the current year.

Chesapeake Utilities Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 7th. Shareholders of record on Monday, June 16th will be given a $0.685 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.74 dividend on an annualized basis and a yield of 2.10%. This is a positive change from Chesapeake Utilities’s previous quarterly dividend of $0.64. Chesapeake Utilities’s dividend payout ratio (DPR) is currently 47.32%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Spire Wealth Management acquired a new position in Chesapeake Utilities in the 1st quarter worth about $26,000. Federated Hermes Inc. increased its stake in shares of Chesapeake Utilities by 587.1% in the fourth quarter. Federated Hermes Inc. now owns 213 shares of the utilities provider’s stock valued at $26,000 after buying an additional 182 shares during the period. NBC Securities Inc. bought a new position in Chesapeake Utilities in the 1st quarter valued at approximately $30,000. Byrne Asset Management LLC boosted its position in Chesapeake Utilities by 114.3% during the 1st quarter. Byrne Asset Management LLC now owns 270 shares of the utilities provider’s stock worth $35,000 after buying an additional 144 shares during the period. Finally, Farther Finance Advisors LLC increased its position in Chesapeake Utilities by 50.7% in the 1st quarter. Farther Finance Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 106 shares during the period. 83.11% of the stock is currently owned by institutional investors.

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.