Chesapeake Utilities (NYSE:CPK) is set to release its earnings data after the market closes on Thursday, November 8th. Analysts expect Chesapeake Utilities to post earnings of $0.48 per share for the quarter.
Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings data on Thursday, August 9th. The utilities provider reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.03). The firm had revenue of $136.66 million for the quarter, compared to analyst estimates of $140.85 million. Chesapeake Utilities had a return on equity of 10.75% and a net margin of 9.68%. On average, analysts expect Chesapeake Utilities to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE CPK opened at $79.45 on Thursday. The company has a market cap of $1.33 billion, a PE ratio of 27.52, a PEG ratio of 3.94 and a beta of -0.01. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.30 and a quick ratio of 0.27. Chesapeake Utilities has a 1-year low of $66.35 and a 1-year high of $93.09.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 5th. Stockholders of record on Friday, September 14th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. The ex-dividend date was Thursday, September 13th. Chesapeake Utilities’s payout ratio is 51.21%.
Several analysts have recently weighed in on CPK shares. ValuEngine raised shares of Chesapeake Utilities from a “hold” rating to a “buy” rating in a report on Wednesday, July 4th. Wells Fargo & Co raised their price objective on shares of Chesapeake Utilities from $82.00 to $86.00 and gave the stock a “market perform” rating in a report on Monday, September 17th. Zacks Investment Research lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a report on Wednesday, September 26th. Finally, Janney Montgomery Scott lowered shares of Chesapeake Utilities from a “buy” rating to a “neutral” rating and set a $86.00 price objective for the company. in a report on Monday, September 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $88.33.
About Chesapeake Utilities
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida.
Featured Story: Inflation
Receive News & Ratings for Chesapeake Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Utilities and related companies with MarketBeat.com's FREE daily email newsletter.