Chesapeake Utilities Corporatio with ticker code (CPK) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 148 and 116 calculating the average target price we see $135.43. Now with the previous closing price of $128.09 this is indicating there is a potential upside of 5.7%. It’s also worth noting that there is a 50 day moving average of $124.31 and the 200 day MA is $123.86. The total market capitalization for the company now stands at $2,282m. Find out more information at: https://www.chpk.com
The potential market cap would be $2,412m based on the market consensus.
Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland’s eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region, North Carolina, South Carolina, and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States; and project development activities. This segment is also involved in the provision of other unregulated services, such as energy-related merchandise sale and heating, ventilation and air conditioning, and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
The company has a dividend yield of 1.67% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 25.47, revenue per share of 38.41 and a 4.16% return on assets.
