Chesapeake Utilities (CPK) to Announce Earnings on Thursday

Chesapeake Utilities (NYSE:CPK) is expected to issue its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $1.07 per share and revenue of $198.9050 million for the quarter. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.00 EPS. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, August 7, 2026 at 8:30 AM ET.

Chesapeake Utilities (NYSE:CPK) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. The business had revenue of $353.10 million during the quarter, compared to the consensus estimate of $339.86 million. Chesapeake Utilities had a return on equity of 9.53% and a net margin of 15.11%.The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period last year, the firm earned $2.22 earnings per share. On average, analysts expect Chesapeake Utilities to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Chesapeake Utilities Stock Up 0.9%

Shares of Chesapeake Utilities stock opened at $133.99 on Tuesday. The business has a 50-day moving average price of $126.65 and a 200 day moving average price of $128.01. Chesapeake Utilities has a fifty-two week low of $118.83 and a fifty-two week high of $140.83. The firm has a market cap of $3.22 billion, a P/E ratio of 21.47 and a beta of 0.68. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 0.80.

Chesapeake Utilities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 15th were given a $0.735 dividend. This represents a $2.94 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, June 15th. This is a positive change from Chesapeake Utilities’s previous quarterly dividend of $0.69. Chesapeake Utilities’s payout ratio is 47.12%.

Insider Activity at Chesapeake Utilities

In related news, CEO Jeffry M. Householder sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.12, for a total value of $1,261,200.00. Following the sale, the chief executive officer owned 63,001 shares of the company’s stock, valued at approximately $7,945,686.12. This trade represents a 13.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Kevin J. Webber sold 2,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $127.37, for a total value of $254,740.00. Following the completion of the transaction, the senior vice president directly owned 12,652 shares of the company’s stock, valued at $1,611,485.24. This trade represents a 13.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.36% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CPK. State Street Corp raised its holdings in Chesapeake Utilities by 0.8% during the second quarter. State Street Corp now owns 1,257,589 shares of the utilities provider’s stock worth $152,023,000 after purchasing an additional 9,556 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Chesapeake Utilities by 27.6% during the 3rd quarter. Wellington Management Group LLP now owns 952,045 shares of the utilities provider’s stock valued at $128,231,000 after purchasing an additional 205,742 shares during the period. Invesco Ltd. raised its stake in shares of Chesapeake Utilities by 3.0% in the 3rd quarter. Invesco Ltd. now owns 590,793 shares of the utilities provider’s stock worth $79,574,000 after buying an additional 16,993 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Chesapeake Utilities by 831.0% in the 3rd quarter. Alliancebernstein L.P. now owns 511,428 shares of the utilities provider’s stock worth $68,884,000 after buying an additional 456,497 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Chesapeake Utilities by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 437,122 shares of the utilities provider’s stock valued at $54,536,000 after buying an additional 3,867 shares during the period. 83.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Barclays set a $142.00 price target on Chesapeake Utilities and gave the company an “equal weight” rating in a report on Monday, April 20th. Wall Street Zen cut Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Saturday. Wells Fargo & Company began coverage on shares of Chesapeake Utilities in a report on Tuesday, May 12th. They issued an “equal weight” rating and a $132.00 price objective for the company. Finally, Weiss Ratings raised shares of Chesapeake Utilities from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $137.00.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S.