Latest news with #ChesapeakeUtilities
Yahoo
28-05-2025
- Business
- Yahoo
Why Chesapeake Utilities (CPK) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Headquartered in Dover, Chesapeake Utilities (CPK) is a Utilities stock that has seen a price change of 1.36% so far this year. Currently paying a dividend of $0.64 per share, the company has a dividend yield of 2.08%. In comparison, the Utility - Gas Distribution industry's yield is 3.32%, while the S&P 500's yield is 1.56%. Taking a look at the company's dividend growth, its current annualized dividend of $2.56 is up 2% from last year. In the past five-year period, Chesapeake Utilities has increased its dividend 5 times on a year-over-year basis for an average annual increase of 9.63%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Chesapeake Utilities's current payout ratio is 46%. This means it paid out 46% of its trailing 12-month EPS as dividend. Looking at this fiscal year, CPK expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $6.27 per share, which represents a year-over-year growth rate of 16.33%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CPK is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chesapeake Utilities Corporation (CPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-05-2025
- Business
- Yahoo
Chesapeake Utilities Corporation Appoints Abhijit Bhatwadekar as Chief Information Officer
DOVER, Del., May 28, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced the appointment of Abhijit ("Abhi") Bhatwadekar as vice president and chief information officer (CIO), effective June 13, 2025. In his new role, Bhatwadekar will lead Chesapeake Utilities' technology strategy and operations, with responsibility for IT infrastructure, enterprise applications, cybersecurity, data management and vendor partnerships. As CIO, he will play a critical role in aligning technology initiatives with business objectives, supporting the Company's growth strategy and driving continued digital transformation across the organization. "Abhi brings deep experience in leading enterprisewide technology initiatives and delivering transformative business solutions," said Jeff Householder, chair of the board, president and CEO of Chesapeake Utilities Corporation. "His strategic mindset, leadership capabilities and record of operational excellence will be instrumental as we continue to advance our business transformation goals through innovation and enhanced technology capabilities." Bhatwadekar joins Chesapeake Utilities from PPL Corporation, where he served as vice president of data analytics and customer experience, leading critical initiatives focused on improving customer service and operational performance through data-driven strategies. His previous leadership roles include vice president of data and analytics for the benefits services division at Gallagher and senior technology positions at Nielsen, where he served as vice president for global data platforms and North America technology. Throughout his career, Bhatwadekar has led global teams, delivered large-scale technology programs, launched several global analytics platforms and leveraged AI and automation to drive operational savings. At Chesapeake Utilities, Bhatwadekar will serve on the Company's senior leadership team and be a key advisor to the Board on major technology initiatives and cybersecurity risk management. He will guide the execution of the Company's IT roadmap, oversee the IT project portfolio and budget and implement best practices and policies to support secure, efficient and innovative service delivery. About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange (NYSE:CPK). Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. For more information, visit Media Alexander NyeDirector, Strategic Communications727.754.0136ANye@ View original content to download multimedia: SOURCE Chesapeake Utilities Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Chesapeake Utilities (CPK) Could Be a Great Choice
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Headquartered in Dover, Chesapeake Utilities (CPK) is a Utilities stock that has seen a price change of 4.52% so far this year. Currently paying a dividend of $0.64 per share, the company has a dividend yield of 2.02%. In comparison, the Utility - Gas Distribution industry's yield is 3.36%, while the S&P 500's yield is 1.59%. Looking at dividend growth, the company's current annualized dividend of $2.56 is up 2% from last year. In the past five-year period, Chesapeake Utilities has increased its dividend 5 times on a year-over-year basis for an average annual increase of 9.63%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Chesapeake Utilities's payout ratio is 46%, which means it paid out 46% of its trailing 12-month EPS as dividend. Earnings growth looks solid for CPK for this fiscal year. The Zacks Consensus Estimate for 2025 is $6.25 per share, representing a year-over-year earnings growth rate of 15.96%. From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CPK is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chesapeake Utilities Corporation (CPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
Chesapeake Utilities First Quarter 2025 Earnings: Beats Expectations
Revenue: US$298.7m (up 22% from 1Q 2024). Net income: US$50.9m (up 10% from 1Q 2024). Profit margin: 17% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. EPS: US$2.22 (up from US$2.08 in 1Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Chesapeake Utilities. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Gas Utilities industry in the US. Performance of the American Gas Utilities industry. The company's shares are down 1.5% from a week ago. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Chesapeake Utilities (1 is potentially serious) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
19-02-2025
- Business
- Yahoo
How Did Chesapeake Utilities Corporation's (NYSE:CPK) 8.0% ROE Fare Against The Industry?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, we'll look at ROE to gain a better understanding of Chesapeake Utilities Corporation (NYSE:CPK). Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. See our latest analysis for Chesapeake Utilities ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Chesapeake Utilities is: 8.0% = US$107m ÷ US$1.3b (Based on the trailing twelve months to September 2024). The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.08 in profit. By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification. The image below shows that Chesapeake Utilities has an ROE that is roughly in line with the Gas Utilities industry average (8.2%). That isn't amazing, but it is respectable. Although the ROE is similar to the industry, we should still perform further checks to see if the company's ROE is being boosted by high debt levels. If so, this increases its exposure to financial risk. You can see the 2 risks we have identified for Chesapeake Utilities by visiting our risks dashboard for free on our platform here. Most companies need money -- from somewhere -- to grow their profits. The cash for investment can come from prior year profits (retained earnings), issuing new shares, or borrowing. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the use of debt will improve the returns, but will not change the equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. It's worth noting the high use of debt by Chesapeake Utilities, leading to its debt to equity ratio of 1.04. The combination of a rather low ROE and significant use of debt is not particularly appealing. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Return on equity is one way we can compare its business quality of different companies. A company that can achieve a high return on equity without debt could be considered a high quality business. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE. But when a business is high quality, the market often bids it up to a price that reflects this. The rate at which profits are likely to grow, relative to the expectations of profit growth reflected in the current price, must be considered, too. So I think it may be worth checking this free report on analyst forecasts for the company. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
