CPK · NYSE · Regulated Gas

Chesapeake Utilities (CPK)

Operates regulated gas and electric utilities alongside propane and mobile gas services.

$131.15
vs last close−0.77 (−0.58%)
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Chesapeake Utilities CorporationCPK
Utilities

Distributes natural gas and electricity and operates gas transmission networks across the Mid-Atlantic and Florida, alongside propane, Ohio midstream, mobile gas transport, and contracted power generation. Regulated utility and pipeline operations anchor earnings, with rates and investment recovery governed by state commissions and FERC.

Distributes natural gas and electricity and transports natural gas through regulated networks spanning the Delmarva Peninsula and Florida. Florida Public Utilities, Florida City Gas, Delmarva Natural Gas, Eastern Shore Natural Gas, and Peninsula Pipeline form the core, while expansion work concentrates on pipeline capacity, system reliability, and customer connections—particularly in Florida.

Balances that regulated base with Sharp Energy propane distribution, Aspire Energy’s Ohio gathering and supply network, Eight Flags’ combined heat-and-power plant, and Marlin Gas Services’ nationwide mobile CNG, LNG, and RNG solutions. Renewable-gas projects extend the same delivery expertise into waste-derived fuel. Earnings remain anchored in regulated operations, whose customer rates and investment recovery depend on state commissions and, for Eastern Shore, FERC.

Company facts

CEOJeffry M. Householder
ListedMar 17, 1980
ExchangeNYSE
HeadquartersDover, DE
CountryUnited States
Employees1,300
CIK0000019745
ISINUS1653031088

Market cap$3.17B
EPS (ttm)$6.27
P/E (ttm)21.04
ROE9.3%
P/B1.89
P/S3.19
Dividend yieldDiv yield2.15%
Beta−0.20vs XLU 0.71

Price target$146.00+10.7%Average of 12 analysts
ConsensusBuy6 of 12 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 11, 2026Mizuho SecuritiesTarget
Target:
Target: $150
Apr 20, 2026BarclaysTarget
Target: $140
Target: $142
Feb 24, 2026BarclaysReiterate
Rating: Target: $141
Rating: Equal WeightTarget: $140
Oct 28, 2025BarclaysReiterate
Rating: Target: $128
Rating: Equal WeightTarget: $141
Oct 14, 2025BarclaysReiterate
Rating: Target: $124
Rating: Equal WeightTarget: $128

Next report
Nov 5, 26
in 43 days
EPS estimate
$0.96
Revenue estimate
$193.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.63$2.22$1.04$0.82$1.94$2.47$1.05Pending
Estimate$1.67$2.28$1.00$0.90$1.94$2.38$1.07$0.96
Surprise−2.4%−2.6%+4.0%−8.9%0.0%+3.8%−1.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$215.0M$298.7M$192.8M$179.6M$258.9M$353.1M$201.9MPending
Estimate$237.8M$248.4M$182.5M$235.1M$208.6M$339.9M$198.9M$193.1M
Surprise−9.6%+20.2%+5.7%−23.6%+24.1%+3.9%+1.5%
Estimate$0.96
ReportedDue Nov 5, 2026
Estimate$193.1M
ReportedDue Nov 5, 2026
View details

Debt to equity101.30%
Current ratio31.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$160.1M$215.0M$298.7M$192.8M$179.6M$258.9M$353.2M$201.9M
Net income$17.5M$36.7M$50.9M$23.9M$19.4M$46.1M$59.3M$25.4M
Net margin10.9%17.0%17.0%12.4%10.8%17.8%16.8%12.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$40.9M$66.9M$86.8M$50.3M$45.0M$74.0M$99.4M$52.9M
YoY growth+102.3%+41.4%+9.0%+23.3%+10.0%+10.6%+14.5%+5.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $400.0K · Total debt $1.69B · Total assets $4.17B · Shareholders' equity $1.67B

Revenue
$201.9M
Operating income
$52.9M
Net income
$25.4M
View details

Dividend yield
2.15%
Next ex-date
Dec 14, 26
estimated · in 82 days
Annual dividend
$2.84
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.64$0.64$0.685$0.685$0.685$0.685$0.735$0.735
Annual yield1.99%2.01%2.19%2.13%2.12%2.10%2.29%2.20%
Ex-dateDec 16Mar 14Jun 16Sep 15Dec 15Mar 16Jun 15Sep 14
Payment dateJan 6Apr 7Jul 7Oct 6Jan 5Apr 6Jul 6Oct 5
View details

Institutions93.68%22.58M shares
333 holders · as of Jun 30, 2026
Insiders1.64%396.3K shares
16 holders · as of May 26, 2026
Other4.68%1.13M shares
remainder

24.11M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
15.55%3.75Mas of Jun 30, 2026
T. Rowe Price Investment Management, Inc.Institution
10.34%2.49Mas of Jun 30, 2026
State Street CorpInstitution
5.57%1.34Mas of Jun 30, 2026
Neuberger Berman Group LLCInstitution
4.56%1.10Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.49%1.08Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 21, 2026Jeffry M. Householderdirector, officer: President & CEO−10,000$126.12
May 20, 2026Kevin J. Webberofficer: Sr VP & Chief Dev Officer−2,000$127.37
Dec 26, 2025Jeffry M. Householderdirector, officer: President & CEO−1,908$125.83
Dec 19, 2025Jeffry M. Householderdirector, officer: President & CEO−3,092$127.41
Dec 18, 2025Jeffry M. Householderdirector, officer: President & CEO−7,500$127.98
View details

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Compare

CompanyPriceChange
Chesapeake Utilities$131.15−0.58%$3.17B21.019.23.2+4.7%
UGI$36.77−0.23%$7.90B12.312.61.1−4.5%
New Jersey Resources$52.43−0.55%$5.32B14.615.82.4+16.8%
National Fuel Gas$80.39+0.48%$7.60B11.110.83.0+1.1%
Suburban Propane$16.78−0.24%$1.12B8.60.8+0.5%
Spire$77.72−0.99%$4.64B8.816.01.8−0.4%
ONE Gas$72.76−1.10%$4.62B15.914.72.0−2.9%
Southwest Gas$82.77−0.86%$6.04B11.617.73.5−68.0%
Median11.615.32.0−0.4%