Chesapeake Utilities (NYSE:CPK) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Posted by George Bondi on Nov 7th, 2026

Chesapeake Utilities (NYSE:CPK – Get Free Report) announced its quarterly earnings results on Thursday. The utilities provider reported $0.89 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.04), FiscalAI reports. Chesapeake Utilities had a net margin of 15.09% and a return on equity of 9.29%. The firm had revenue of $195.80 million during the quarter, compared to the consensus estimate of $193.31 million. During the same period in the previous year, the firm posted $0.82 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year.

Chesapeake Utilities Stock Performance

NYSE CPK traded down $1.62 during trading on Friday, reaching $140.07. 233,766 shares of the company’s stock were exchanged, compared to its average volume of 156,233. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.32 and a quick ratio of 0.28. Chesapeake Utilities has a fifty-two week low of $118.88 and a fifty-two week high of $145.54. The business has a 50 day moving average price of $131.58 and a 200-day moving average price of $129.60. The stock has a market capitalization of $3.38 billion, a P/E ratio of 22.09 and a beta of 0.62.

Chesapeake Utilities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.7350 per share. This represents a $2.94 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 15th. Chesapeake Utilities’s dividend payout ratio is 46.89%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CPK shares. Wall Street Zen downgraded Chesapeake Utilities from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Wells Fargo & Company set a $136.00 price objective on Chesapeake Utilities and gave the stock an “equal weight” rating in a research report on Wednesday, September 30th. Barclays set a $134.00 target price on Chesapeake Utilities and gave the company an “equal weight” rating in a research note on Monday, October 19th. Weiss Ratings raised Chesapeake Utilities from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, October 21st. Finally, Huntington initiated coverage on Chesapeake Utilities in a report on Monday, September 14th. They set an “outperform” rating and a $150.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $142.50.

View Our Latest Stock Report on Chesapeake Utilities

More Chesapeake Utilities News

Here are the key news stories impacting Chesapeake Utilities this week:

Positive Sentiment: Chesapeake Utilities raised its FY 2026 EPS guidance to $7.75–$8.00, well above the $6.50 consensus estimate. The higher outlook may support investor expectations for earnings growth.
Positive Sentiment: The company reported 8.4% year-to-date growth in adjusted EPS and 9.2% growth in adjusted gross margin, citing regulatory and infrastructure programs, transmission expansion, organic growth, and higher customer consumption. It also announced a joint venture with NextEra Energy Resources to finance and own 49% of the $1.2 billion Florida Energy Pathway project. Third-quarter results
Neutral Sentiment: The board declared a quarterly dividend of $0.735 per share, unchanged, equivalent to $2.94 annually and a stated yield of about 2.1%. Quarterly dividend announcement
Negative Sentiment: Third-quarter EPS was $0.89, below the $0.93 consensus estimate. Revenue was a brighter spot, reaching $195.8 million versus the $193.31 million estimate and rising 9% year over year. Quarterly earnings report

Chesapeake Utilities Company Profile

(Get Free Report)

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.