FY2026 Earnings Forecast for CPK Issued By Huntington

Chesapeake Utilities Corporation (NYSE:CPK) – Equities researchers at Huntington issued their FY2026 earnings per share (EPS) estimates for shares of Chesapeake Utilities in a note issued to investors on Monday, November 9th. Huntington analyst M. Gaugler anticipates that the utilities provider will earn $6.43 per share for the year. Huntington currently has a “Strong-Buy” rating on the stock. The consensus estimate for Chesapeake Utilities’ current full-year earnings is $7.88 per share. Huntington also issued estimates for Chesapeake Utilities’ Q4 2026 earnings at $2.03 EPS, Q1 2027 earnings at $2.66 EPS, Q2 2027 earnings at $1.14 EPS, Q3 2027 earnings at $1.08 EPS, Q4 2027 earnings at $2.37 EPS, FY2027 earnings at $7.26 EPS, Q1 2028 earnings at $3.02 EPS, Q2 2028 earnings at $1.25 EPS and Q3 2028 earnings at $1.04 EPS.

Several other equities research analysts also recently commented on the stock. Barclays set a $134.00 target price on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research note on Monday, October 19th. UBS Group reiterated an “outperform” rating on shares of Chesapeake Utilities in a research report on Monday. Mizuho set a $155.00 price target on shares of Chesapeake Utilities in a report on Monday. Wall Street Zen lowered shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded shares of Chesapeake Utilities from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $143.75.

Chesapeake Utilities Stock Down 0.1%

Shares of NYSE CPK opened at $140.78 on Wednesday. The stock has a market cap of $3.44 billion, a PE ratio of 22.21 and a beta of 0.62. The business has a fifty day moving average of $131.90 and a two-hundred day moving average of $129.74. Chesapeake Utilities has a 52-week low of $118.88 and a 52-week high of $145.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.25 and a current ratio of 0.28.

Chesapeake Utilities (NYSE:CPK) last issued its 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 return on equity of 9.21% and a net margin of 15.09%. The company had revenue of $195.80 million during the quarter, compared to analyst estimates of $193.31 million. During the same period in the previous year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis.

Hedge Funds Weigh In On Chesapeake Utilities

Several institutional investors have recently bought and sold shares of CPK. Private Wealth Asset Management LLC bought a new stake in shares of Chesapeake Utilities during the third quarter worth $231,000. Private Advisor Group LLC raised its holdings in shares of Chesapeake Utilities by 30.2% in the third quarter. Private Advisor Group LLC now owns 2,808 shares of the utilities provider’s stock valued at $361,000 after buying an additional 652 shares during the last quarter. Ieq Capital LLC bought a new position in shares of Chesapeake Utilities in the third quarter valued at about $345,000. Focus Advisor Solutions LLC raised its holdings in shares of Chesapeake Utilities by 1.4% in the third quarter. Focus Advisor Solutions LLC now owns 6,728 shares of the utilities provider’s stock valued at $864,000 after buying an additional 90 shares during the last quarter. Finally, Colonial Trust Co SC lifted its position in Chesapeake Utilities by 35.8% during the 3rd quarter. Colonial Trust Co SC now owns 721 shares of the utilities provider’s stock worth $93,000 after buying an additional 190 shares in the last quarter. Institutional investors own 83.11% of the company’s stock.

Chesapeake Utilities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Tuesday, December 15th will be issued a dividend of $0.7350 per share. This represents a $2.94 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 15th. Chesapeake Utilities’s dividend payout ratio (DPR) is currently 46.37%.

Trending Headlines about Chesapeake Utilities

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

• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and projected 2027 earnings of $7.26 per share, rising from its $6.43 estimate for 2026. The rating may support sentiment, though the forecasts are the firm’s estimates, not company guidance. Huntington stock recommendations
• Neutral Sentiment: Chesapeake Utilities executed an agreement authorizing the sale of $250 million in senior notes. The financing could provide capital, but the article does not specify its use or terms, and borrowing may add interest costs. Chesapeake Utilities senior notes agreement
• Negative Sentiment: Huntington’s $6.43-per-share estimate for 2026 is below the cited $7.88 consensus forecast, a potential concern if investors focus on near-term earnings expectations. Its quarterly estimates include $2.03 for Q4 2026 and $2.66 for Q1 2027; the reports do not provide comparisons with consensus for those quarters.

About Chesapeake Utilities

Chesapeake Utilities Corporation is a diversified energy company that delivers natural gas, propane and electricity to residential, commercial and industrial customers. Its businesses also include natural gas transmission and distribution, energy generation, and renewable natural gas projects. The company serves customers across Delaware, Maryland, Florida and other parts of the Mid-Atlantic and Southeast. Its operations include regulated natural gas and electric utilities as well as unregulated propane distribution and energy-related services.