Chesapeake Utilities (NYSE:CPK) Releases FY 2026 Earnings Guidance

Chesapeake Utilities (NYSE:CPK) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 7.750-8.000 for the period, compared to the consensus earnings per share estimate of 6.500.

Chesapeake Utilities Stock Down 1.1%

CPK stock opened at $140.07 on Friday. Chesapeake Utilities has a fifty-two week low of $118.88 and a fifty-two week high of $145.54. The business’s 50-day moving average is $131.58 and its two-hundred day moving average is $129.60. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.28 and a current ratio of 0.32. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 22.09 and a beta of 0.62.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.04). 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 for the quarter, compared to the consensus estimate of $193.31 million. During the same quarter in the prior year, the firm earned $0.82 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, analysts forecast that Chesapeake Utilities will post 6.40 earnings per share for the current year.

Chesapeake Utilities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Tuesday, December 15th will be issued a $0.7350 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.1%. Chesapeake Utilities’s dividend payout ratio (DPR) is presently 46.89%.

Wall Street Analyst Weigh In

CPK has been the subject of several recent research reports. Barclays set a $134.00 target price on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research report on Monday, October 19th. Wells Fargo & Company set a $136.00 price target on shares of Chesapeake Utilities and gave the stock an “equal weight” rating in a research report on Wednesday, September 30th. Wall Street Zen cut shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Mizuho set a $150.00 price objective on shares of Chesapeake Utilities and gave the company an “outperform” rating in a research report on Friday, September 11th. Finally, Huntington assumed coverage on Chesapeake Utilities in a research note on Monday, September 14th. They issued an “outperform” rating and a $150.00 price objective 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $142.50.

Chesapeake Utilities News Summary

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

About Chesapeake Utilities

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.